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Credential Plays Part in Low Carbon Economy Film

Automotive recycling company Credential Environmental features in a film profiling the pioneering work undertaken by Advantage West Midlands (AWM) in helping business tackle climate change and initially broadcast to a worldwide audience of over 335 million.

The initiatives are recognised by the United Nations Global Compact’s (UNGC) awareness-raising film, profiling the key role businesses can play in addressing climate change and broadcast across the world by the CNBC channel as part of the network’s ‘Responsible Business Series.’ The episode entitled: ‘The role of business in reversing climate change’ focuses on the success Rugby-based Converteam and Credential’s Wednesbury operation.

8th September 2008/by Tyrepress Editors

Firestone Winterhawk 2 a Timely Arrival for Winter

Enhanced safety and driving comfort with the Firestone Winterhawk 2The new and improved high performance winter tyre gives you the reassurance of superior control of your vehicle. Comfort and economy create the perfect package.

With the winter months just around the corner, Bridgestone has introduced its newest Firestone cold weather tyre. The Winterhawk 2 is designed to offer excellent grip on snow surfaces plus enhanced performance characteristics on dry and wet roads – all this comes with, says Bridgestone, driving comfort and economy.

1st September 2008/by Tyrepress Editors

Nankang Launches New Commercial Snow Tyre

Nankang has further expanded its winter tyre portfolio with the inclusion of the SL-6 commercial snow tyre. According to the company, this new product offers particular improvements in handling and safety performance. The handling response is said to be based on the tyre’s V shaped groove design and the “3D curve” located on the tyre’s shoulder, which enhances braking performance. The new ECO compound recipe is said to add a cap tread designed to reduce pollution. The silica-based compound the SL-6 uses has the dual benefit of maintain grip performance and economy, while maintaining driving safety on icy roads.

8th August 2008/by Tyrepress Editors

RAC Condemns “Hypermiling”

While fuel-saving measures such as keeping your tyres at the correct pressure and driving intelligently are both praiseworthy and sensible, there are fears that some drivers are going too far in their efforts to improve mileage.

Such motorists are known as “hypermilers” and will try almost anything in their efforts to improve economy. Tactics include tailgating and over-inflating tyres (sometimes by as much as 10 – 15 psi) and coasting in neutral with the engine off. The RAC urges motorists not to copy hypermilers, pointing out that many of the techniques and practices used are unsafe, if not actually illegal. The organisation makes the point that there is a huge difference between being a cost-conscious motorist and a hypermiler.

8th August 2008/by Tyrepress Editors

Saving Fuel & The Environment with Michelin Green Tyres

According to Michelin, more than 9.8 billion litres of fuel have been saved and more than 24 million tonnes of CO2 emissions have been avoided thanks to its green energy-saving tyres, marketed since 1992. The 600 million Michelin green tyres sold worldwide over the past 16 years are reported to have saved more than 45 litres of fuel each second, corresponding to more than 108 kilograms of CO2 kept out of the atmosphere.

Skyrocketing oil prices are impacting the entire global economy and reducing consumer purchasing power, observes the tyre major. With its green tyres, Michelin says it is actively helping to reduce the cost and environmental impact of road transportation, as tyres can use up to one tank out of five for passenger cars and up to one tank out of three in trucks. Michelin states its goal is to design tyres that help reduce fuel consumption while maintaining the same high performance in safety and tread life

6th August 2008/by Tyrepress Editors

McCain Mocks Obama’s Tyre Plea

Following US-presidential candidate Barack Obama’s fuel-saving tip of keeping tyres inflated (as reported on Tyrepress.com last week), the Democrat’s Republican rival, John McCain and his campaign staff have issued a fundraising email mocking the suggestion.

The email reads: “John McCain says we need offshore oil drilling and we need it now. Senator Barack Obama has consistently opposed offshore drilling — calling it a “gimmick.” Senator Obama’s solution to high gas prices is telling Americans to make sure their tyres are inflated.

5th August 2008/by Tyrepress Editors

Further Job Losses Imminent, Says Plimsoll Report

The phrase “consolidation period” always sounds like a harbinger of doom for workers in any industry, so a new report on the UK tyre industry suggesting that this is exactly what lies ahead in the months to come can only suggest the onset of job losses in the sector.

The third annual Plimsoll Analysis, presented this week, suggests that the industry will lose 2373 jobs, in line with the UK economy’s “prolonged and bumpy landing”, which – a British Chamber of Commerce survey suggests – will see unemployment rise by 300,000. The report individually analyses the UK’s leading 200 companies, assessing their chances of survival and possible precautionary measures in the lacklustre market conditions.

15th July 2008/by Tyrepress Editors

Banknotes Remind Titan Employees of US Manufacturing Importance

Titan Wheel Corporation has announced the issuing of a summer bonus to its employees on July 2, 2008. Titan Wheel President Ron Schildt said the total bonus payout for the subsidiary, with locations in Quincy, Illinois, and Saltville, Virginia, is over US$2 million.

Employees at Titan’s facility in Quincy, Illinois will receive a portion of their bonus in $2 notes. “We are fortunate to have a great group of employees who work together for the success of Titan,” said Schildt. “It is important to show appreciation where it counts—in the local economy. As each $2 bill circulates, the community will be reminded that American manufacturing is important to the future of our country.”

2nd July 2008/by Tyrepress Editors

Cooper Tire Reducing North American Production

A decline in tyre demand and projected shortages of some raw materials have led Cooper Tire & Rubber to announce on June 23 that production in its North American facilities would be reduced during the second quarter of this financial year. The lowering of production during the quarter will, says the company, cost an estimated US$12 to 14 million.

24th June 2008/by Tyrepress Editors

Report: Leading UK Tyre Companies Face Tough Times

A new report has found that the UK’s largest 50 tyre companies now control 94 per cent of the market, an increase from 90 per cent 2 years ago. As a result, these major companies are said to be “fighting each other headlong in a battle for market share.”

The report, produced by Plimsoll Publishing, found that these levels of competitiveness are having an effect on the financial stability of some businesses. Of the 50 Tyre Manufacturers & Distributors companies surveyed: 15 of the companies are showing no sales increases at all; 13 are selling less than they were 2 years ago; 26 companies have failed to increase sales at the same rate as their investment; and 26 companies increased their debts simply to hold their place in the market.

28th May 2008/by Tyrepress Editors

ContiPremiumContact 2 Named in Auto Express Product Honours

For the second consecutive year, the ContiPremiumContact 2 has received a commendation from leading consumer publication, Auto Express, as part of its Product Honours 2008 feature. Auto Express said: “The PremiumContact 2 is a great all rounder that delivers top performance across all types of driving and was an easy choice for our commendation.”

8th May 2008/by Tyrepress Editors

Titan Gets Deal With Deere

Titan Tire has signed a three-year deal to supply farm tyres to John Deere.

“John Deere has been Titan’s largest customer for years,” said Titan chairman and CEO Morry Taylor, “and we are pleased to enter into this agreement that assures Deere a supply of farm tyres. As the agricultural economy moves forward, the first year value of this contract should exceed over $100 million.” Titan did not specify which types of tyres it would supply, or if the deal included wheels. (Tire Review/Akron)

25th April 2008/by Tyrepress Editors

Sales, Income Up at Goodyear

Goodyear on April 25 reported that its first quarter 2008 sales were US$4.9 billion, a 10 per cent increase vs. the same period last year, and a higher net income that was driven by higher prices, better product mix and favorable currency exchange rates. At the same time, the company’s tyre units sales were down compared to the first quarter of 2007. Unit sales for the first period of 2008 were down 1.7 million tyres compared to the same period in 2007, with North American unit sales down 1.5 million tyres. The company said the lower volume came primarily OE sales in North America and soft consumer replacement demand in North America and Europe, particularly for low-end tyres.

Net income for the period was $147 million, and improvement of $321 million year-over-year.

25th April 2008/by Tyrepress Editors

ATA Calls for Speed Limit, Limiters

With diesel and gasoline prices at historic highs, the American Trucking Associations is calling for speed limiters on new trucks and a national 65 mph speed limit. The association made the recommendation as part of its call for the Bush Administration to act quickly to ensure an affordable supply of oil for the nation’s 3.5 million truck drivers and American consumers.

As ATA pointed out, fuel costs are beginning to surpass labor as a trucking company’s largest expense, with high fuel costs affecting the cost of everything delivered by truck. The ATA offered a multi-point plan it says will help drive down diesel fuel prices, which included a nationwide maximum speed limit of 65 mph and requiring speed limiters – set at 68 mph – on new trucks. In addition, the ATA called for the release of oil from the Strategic Petroleum Reserve, a national diesel standard, strict action on cases of price gouging, a reduction of regulatory barriers to adding new oil refineries, and a suspension of the 12 per cent FET on the purchase of auxiliary power units which cut off-hour engine idling.

10th April 2008/by Tyrepress Editors

Toyo Rolls Out ‘Ultra-Premium’ Regional Highway Radial

Toyo Tire USA Corp. has launched the M154TM, which is calls an “ultra-premium,” all-steel regional highway tire for commercial trucks. The M154 was created using “e-balance,” Toyo’s new proprietary design technology for commercial truck tyres that creates a stiffer belt package, stiffer bead construction and optimisation through computer simulation technology. Toyo said e-balance results in improved fuel economy.

Primarily designed for steer axle positions, Toyo said the new five-rib tyre, with a 22/32nds inch tread depth, can be used at all wheel positions.

2nd April 2008/by Tyrepress Editors