Europe Archives - Page 33 of 179 - Tyrepress

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Conti HD Hybrid impressing Tarrant International with longevity

Irish haulier Tarrant International Transport has declared itself impressed with the longevity of Continental’s new HD Hybrid truck tyre. The drive axle tyre is designed for combined regional and long-haul use, and having achieved 280,000 km already Tarrant is confident that 300,000 km will be reached before the tyres require replacing. Donagh Tarrant, transport manager at the Cork based family-run firm said the performance was “exceptional and well beyond the mileage that we have been getting out of another premium brand.” In fact, he expects nearly to double the mileage achieved by previously fitted tyres.

7th August 2013/12,345 Comments/by Tyrepress Editors

Flexibility necessary for European brake market players

While the European financial fug continues, brake suppliers are being required to show greater flexibility in their operations. The reactions of brands operating in the sector are shown in this feature to include a drive towards internationalisation – particularly with performance products generating improved revenues in the Americas and Asia Pacific – and a more varied product line-up to suit both OEM and end-user requirements. A new report published by Markets and Markets suggests that the global brake market will “grow to $28,532 million by 2018, as compared to $20,210 million in 2013, with a CAGR of 7.14% from 2013 to 2018. During this period of flux, the report suggests drum brakes will occupy the major share when compared to disc brakes systems, but that demand for discs will increase at a faster rate and slowly surpass the drum brakes market.

6th August 2013/12,345 Comments/by Tyrepress Editors

Conti OE for Tesla Model S

Continental shares that the 21-inch rim option of the Tesla Model S comes with its ExtremeContact tyre as original equipment. The ExtremeContact, which is not sold in Europe, is fitted to US and Canadian market versions of the electric saloon in size 245/35 R21. According to the tyre maker, the performance of ExtremeContact “matches up nicely” with the demands of the rear-wheel drive performance saloon that can travel from 0 to 60 mph in as little as 4.4 seconds.

5th August 2013/12,345 Comments/by Tyrepress Editors

New Lanxess Board member

The seat left vacant on Lanxess AG’s Supervisory Board by the recent death of Ulrich Middelmann has been filled by Claudia Nemat. Announcing Nemat’s appointment, which takes immediate effect, Board head Rolf Stomberg said “We welcome Claudia Nemat in her new role and look forward to working closely together with a well-renowned expert for the high-tech industry and corporate leadership.”

2nd August 2013/12,345 Comments/by Tyrepress Editors

Falken sponsors ‘old school’ rally

Falken Tyre Europe is sponsoring a ‘rally with a difference’ this month. Yesterday, cars competing in the Black Sea Circle rally headed off from Berlin, and Falken says this – Europe’s most eastern rally – is “about driving the way it used to be.” The rally route takes competitors around the Black Sea as far as Odessa, a total distance of 7,000 kilometres (4,350 miles).

2nd August 2013/12,345 Comments/by Tyrepress Editors

Q2 results prompt Conti to revise full-year earnings

Reporting its second quarter and first half results, Executive Board chairman Dr. Elmar Degenhart cautioned that the stronger development seen in the second quarter shouldn’t be viewed as a turnaround; rather, sales developed better due to seasonal and technical factors. The European market – where Continental makes 55 per cent of its sales – was described as unstable, and following what the company calls “modest development” in the region’s replacement tyre market in the first half of the year, Continental states its previous estimate for the segment “no longer seems possible.” It now anticipates an “increase of one per cent at best.” The company also said growth in the Asia and NAFTA regions is “also expected to diminish as the year progresses.” As a result, Continental has decreased its full-year forecast from growth of five per cent to four per cent, or “around €34 billion”.

2nd August 2013/12,345 Comments/by Tyrepress Editors

Birla reviving PCR plant project

Birla Tyres says it is ready to get its passenger car tyre factory project back on track, and the Indian tyre maker also intends to target export markets, including Europe, with its agricultural and other niche products.

1st August 2013/12,345 Comments/by Tyrepress Editors

Tigar a top Serbian exporter

Serbia’s Ministry of Finance and Economy has published its list of the country’s leading exporters in the first quarter of 2013, and the automotive sector was amongst the major contributors in this area. Third on the top exporter list, behind Fiat Automobili Srbija and the Petroleum Industry of Serbia (NIS), was Tigar Tyres.

25th July 2013/12,345 Comments/by Tyrepress Editors

Michelin shares slip following 1H financials

Michelin shares fell 5 per cent after the publication of its first half 2013 financial results. Writing just a couple of hours after the earning details had been published, the Wall Street Journal opined that because first-half net profit fell 45 per cent and because Michelin is taking a 250 million-euro restructuring charge to improve manufacturing efficiency some investors became unsettled and closed their positions. However, Michelin was the not the only firm suffering in Europe and mixed responses to British GDP improvements and German business confidence are thought to have affected investors too.

25th July 2013/12,345 Comments/by Tyrepress Editors

Delticom reports good Q2 growth

Preliminary figures published by online tyre retailer Delticom show improved performance in what the company calls a “challenging market environment.” During the first half of the year, the company achieved revenues of €212.2 million, up 9.8 per cent year-on-year. During the April to June quarter, Delticom’s revenues amounted to €130.9 million, a 21.5 per cent year-on-year increase. Against the market trend, second quarter revenues in the company’s core E-Commerce division rose 24.0 per cent year-on-year to €128.9 million; division revenues in the first half of 2013 were €206.4 million, an increase of 11.6 per cent.

23rd July 2013/12,345 Comments/by Tyrepress Editors

Trelleborg tyre/wheel sales up 5.6%

In its April-June interim report, Trelleborg reports a 5.6 per cent year-on-year rise in sales for its Wheel Systems business area, with net sales amounting to SEK 1,111 million (£111.4 million) during the quarter. The company states that sales of agricultural tyres were level with the year earlier period, while sales of tyres fitted on materials handling vehicle were weak during the quarter, primarily in Europe. Operating profit remained at a similar level to a year earlier, rising 3.0 per cent to SEK 137 million (£13.7). Operating margin declined from 12.6 per cent to 12.4 per cent.

23rd July 2013/12,345 Comments/by Tyrepress Editors

Falken launches new all-season tyre

Falken has launched the Euroall Season AS200, which is – as the name would suggest – an all-season tyre. According to the company, Falken's new all-year-round tyre offers improved traction on dry, wet and even snowy roads without compromising on comfort. The Euroall Season AS200 also features significantly reduced tyre rolling noise and shorter braking distances. The tyre will be available at specialist tyre dealers from July 2013 in a total range of 27 dimensions.

22nd July 2013/12,345 Comments/by Tyrepress Editors

ContiWinterContact TS850 scoops string of awards in 2013

Continental garnered a number of winter tyre accolades in the first half of 2013, most recently receiving a coveted award from the UK’s Auto Express magazine. Continental’s ContiWinterContact TS850 ‘Best Winter Tyre’ for the second consecutive year in the 2013 Product Awards.

22nd July 2013/12,345 Comments/by Tyrepress Editors

Leicester biker wins Bridgestone competition

Leicester’s Sandeep Chudasama beat thousands of bikers across Europe to meet MotoGP legend Valentino Rossi in a Bridgestone promotion. He won the prize in the manufacturer’s ‘Mission Rossi’ tyre sales competition after purchasing a set of Battlax Sport Touring T30 tyres online from the Bike Tyres dealer in Leeds, after which he was automatically entered into the Mission Rossi giveaway. He flew out to Sachsenring, Germany for the latest round of the MotoGP championship with Bike Tyres’ centre manager Lance Jessop.

18th July 2013/12,345 Comments/by Tyrepress Editors

Supertracker-supported Subaru Legacy completes Help4Heroes rally

Supertracker has given wheel alignment support to West Midlands father and son driving team, Keith and Dylan Evans and their Subaru Legacy Estate in the annual Help4Heroes 4×4 European Rally 2013. The team was awarded Total Off-Road Magazine’s 'Best Non Land Rover performance', having been primed by Supertracker, which set up and adjusted the wheel alignment and sourced special Landsail tyres for the 14-day trip across a number of European countries, visiting numerous battle locations and memorial sites from WW1 and WW2.

17th July 2013/12,345 Comments/by Tyrepress Editors