Europe Archives - Page 158 of 179 - Tyrepress

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Pirelli to Raise Prices

The AFX financial news agency has reported that Pirelli will increase its prices by between three and five per cent. The price increase is expected to be enforced by the end of the year and will affect all of the company’s Europe wide operations. Exactly how much prices will increase will be decided by each national Pirelli organisation individually. Pirelli says the price hikes are a result of the increasing raw material and energy costs that are affecting the tyre business.

20th October 2004/by Tyrepress Editors

Bridgestone Appoints New Regional Fleet Executive

Bridgestone has appointed Steve Savage as a new regional fleet executive. The appointment is designed to help the company and its Truck Point network win new business.

18th October 2004/by Tyrepress Editors

European Passenger Car Registrations Down

The European automobile manufacturers association (ACEA) today released the latest European car registration statistics. In September 2004 1,353,817 units were registered across western Europe. This represents a decrease of –0.6 per cent (-0.7 per cent in the EU-15) compared with September 2003.

13th October 2004/by Tyrepress Editors

Dunlop Sport Maxx Put to the Test

Dunlop’s new performance tyre, the Sport Maxx, has been put to the test through the ‘Performance Car of the Year’ programme. Hailed as “the toughest media evaluation programme of its kind,” the annual test, conducted by Car & Driving, the UKs motoring media agency, puts top performance vehicles and their tyres through a series of road and track tests all over Europe.

12th October 2004/by Tyrepress Editors

Amtel Sells $34.2 million Shares

Russian tyre manufacturer, Amtel has sold 10 per cent of its stock in a private placement underwritten and distributed solely by Troika Dialog Group.

7th October 2004/by Tyrepress Editors

Pirelli and Continental enter Romanian Joint Venture

The Department of Trade and Industry’s autoindustry.co.uk website is reporting that Pirelli and Continental are to enter into a joint venture in Romania. The £27 million project will be split 80:20 between Pirelli and Continental, with Pirelli holding the majority share. The operation will be based in Slatina and will produce 30,000 tonnes of steel thread a year for tyres sold by both firms in Eastern Europe.

29th September 2004/by Tyrepress Editors

Bridgestone Aims for 15 per cent of Europe

Bridgestone is a aiming to control 15 per cent of the European market within 5 years, the company announced at the Paris auto show.

29th September 2004/by Tyrepress Editors

New Ferrari to use Goodyear Run Flats

This year’s Paris Motor Show saw the unveiling of Ferrari’s new F430, the successor to the 360 Modena.

28th September 2004/by Tyrepress Editors

New European Transport Event

Plans for a new UK based European trade show have been announced by the Confederation of Passenger Transport (CPT); the UK’s trade association for the bus, coach and light rail industry. Euro Bus Expo is scheduled to take place for the first time on 7-9 November 2006, at the NEC Birmingham.

Expo Management, will support the organisation of the trade event, which the company says is designed to build on the success of the Coach & Bus show brand, the existing biennial event for the UK industry.

As the third largest market for road based public transport vehicles in Europe, the events UK location should work well to attract international exhibitors and visitors.

22nd September 2004/by Tyrepress Editors

‘The fastest clean summer tyre in the world’

Nokian is set to introduce a W speed rated summer car tyre, which it claims is “the fastest clean summer tyre in the world.”

The Nokian Z ultra high performance tyre will initially be launched in the Nordic countries, Central Europe and Russia in the spring of 2005. The company describes the tyre’s characteristics as combining “good wet grip, precise controllability and clean rubber compounds,” and says that it is manufactured without harmful high-aromatic oils.

Mr Teppo Huovila, product development manager, Nokian Tyres explains that the design of the new tyre is focused on two core points: “Safety under extreme conditions and environmental friendliness.” Which he believes calls for the company’s “special technical skills and solid experience.”

20th September 2004/by Tyrepress Editors

Biggest Online Dealer Takes On Investors

Europe’s biggest online tyre dealer, the Hanover based Delticom AG, has signed an investment contract with a local bank and a local private equity firm. The deal is the company’s second investment contract. Four years ago the online tyre dealer took on an investor, the company writes in its press release. With this new deal Delticom is seeking to allow for further international expansion and the build-up of a global network, explain the company’s two chairmen Andreas Prüfer and Rainer Binder. “With regards to a possible floating of our shares we are well prepared,“ they say. Delticom has not published the size of the new investment contract or any figures relating to the ownership situation of the company. This year Delticom expects to achieve a turnover of £44.5 million.

16th September 2004/by Tyrepress Editors

SmarTire’s High Pressure European Launch

SmarTire Systems Inc has announced it will make its tyre pressure monitoring system for high pressure tyres available in Europe. According to the company, the system is designed to work in high pressure environments of between 150 and 200 psi.

SmarTire chose the Automechanika show in Frankfurt as the venue for its high pressure product’s European debut. Commenting on the news John Taylor-Wilson, VP sales and marketing, said: “The impact of TPMS on large vehicles translates into solid and demonstrable cost savings and benefits to the owners and operators of these vehicles. Combined with the safety aspect of our products, these benefits have already generated considerable market interest in TPMS. SmarTire for high-pressure tyres such as buses, recreational and commercial vehicle applications will be aggressively introduced in the respective European markets.

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16th September 2004/by Tyrepress Editors

European New Car Registrations in Slight Decline

Figures released by the European automobile manufacturers association (ACEA) show that the number of new car registrations in Europe is in a slight decline. In total 831,805 cars were registered in EU and EFTA countries in August, 1.3 per cent less than the same time last year.

14th September 2004/by Tyrepress Editors

Polish Market to Grow 3 per cent

The Polish tyre market is to grow at a rate of three per cent during 2004, according to Goodyear estimates. The company, which has invested in domestic tyre producer, Dębica, believes Polish consumers will buy a total of 7.1 million new tyres in 2004.

10th September 2004/by Tyrepress Editors

Zisser Banned from Selling Wanli S-1099

A US court has banned wholesaler Zisser Tire from selling Wanli S-1099 tyres, which, according to the ruling, infringe Yokohama’s trademarks.

10th September 2004/by Tyrepress Editors