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Bridgestone a Volvo Premium Supplier

Bridgestone has only now reported that in June it was awarded the prestigious title of Volvo Premium Supplier. The Swedish carmaker’s annual Premium Supplier Awards ceremony has been held for five years and recognises suppliers who book the best measured performance in the areas of quality, safety, environmental performance, cost, logistics and corporate responsibility. Close attention is also paid to the supplier’s capacity to work with Volvo’s teams in the spirit of continuous improvement. A total of nine awards were presented for 2009, including Bridgestone’s – the first ever awarded to a tyre manufacturer. Bridgestone supplier truck and bus tyres to Volvo.

24th August 2010/by Tyrepress Editors

Hankook “Likely” to Choose Indonesia

The amount Hankook Tire invests in Indonesia could be as much as US$1.2 billion. Gita Wirjawan, chairman of the Indonesia Investment Coordinating Board, has been quoted by Indonesian media as saying Hankook has “informed us that they will likely choose Indonesia.” According to the Jakarta based newspaper Bisnis Indonesia, work on the 15 million tyres per annum capacity plant will begin at the end of the year.

19th August 2010/by Tyrepress Editors

Cooper Encourages Staycationers to Inflate Tyres Correctly

Cooper Tire Europe has urged motorists to check tyre pressures at least monthly and before long trips, and to refer to the vehicle manufacturer’s handbook for the correct pressure when travelling fully laden, with the trend for overseas holidays down 15 per cent amongst Britons last year. The company suggests the average family car carrying a full family on holiday will have to transport an additional 201kg in passengers and luggage, compared to the typical ‘driver-only’ car journey. Cooper says many do not realise they need to set their tyre pressures to compensate for the additional load being placed on the tyres in order to reduce the risk of accidents and premature tyre wear.

17th August 2010/by Tyrepress Editors

Alcoa Increases Ma’aden, Saudi Arabia Investment

Alcoa is increasing its investment in a partnership it operates with Saudi Arabian mining company Ma’aden. The cooperation is focussed on the development of “the largest, most efficient vertically integrated aluminium complex in the world,” according to the two companies.

17th August 2010/by Tyrepress Editors

Vipal Raises European Retread and Repair Prices 10%

Brazilian based retreading and repair material manufacturer Vipal has announced that it is to increase its prices by 10 per cent across the board. The price increase is scheduled to take affect on 1 October 2010. The company says it will make every effort to attend to orders placed before this date, respecting the requirements of all our customers while stocks last.

16th August 2010/by Tyrepress Editors

Alcoa Reduces Product Weight With Unified Rim Flange on 22.5 Wheels

Aluminium wheel specialist Alcoa has announces that following new lightweight wheels with unified rim flange design will be available from September/October. The unified rim flange enables both adhesive and clip-on balancing weights. The latest details follow the news that Alcoa and SAF-Holland have developed flangeless trailer wheel.

12th August 2010/by Tyrepress Editors

Custom Trailer Uses Michelin X One MaxiTrailer Tyre for 370,000km

A custom-made trailer fitted with Michelin X One MaxiTrailer tyres has clocked up an impressive 270,000km with an average of 7 mm tread remaining. In the hands of Devon-based M. R. Horn Transport, the manufacturer estimates that the tyres have another 100,000km of life remaining before they will need to be regrooved. One of a fleet of seven, the trailer is used to carry loads of hay and straw, as well as heavy machinery.

11th August 2010/by Tyrepress Editors

Italian Tyre Business Website, Newsletter Launched

As of the beginning of this week tyrepress.com has a new partner website delivering the latest tyre business news in Italian, PneusNews.it. Describing itself as “the new online magazine for information, documentation and analysis dedicated to the tyre and wheel in Italy”, PneusNews.it comes from the company internationally renowned for producing Neue Reifenzeitung and reifenpresse.de, a magazine and website dedicated to the German-speaking market, and Tyres & Accessories and your current website tyrepress.com for English-speakers across the world. All three products have market-leading e-Newsletters providing cutting-edge news updates.

10th August 2010/by Tyrepress Editors

Varta Launches Aftermarket Start-Stop Battery Range

From 2012, the EU requires maximum vehicle CO2 emissions levels to be reduced to 130 g/km across Europe. Start-stop technology, also known as micro hybrid technology, is a key part of vehicle manufacturers’ efforts to meet this target. Interest in start-stop has already skyrocketed, and forecasts indicate that 70 per cent of all vehicles produced in Europe by 2015 will feature this technology. Under its Varta brand, Johnson Controls Power Solutions EMEA has developed AGM and EFB batteries it says can meet the demands of this technology, and its Varta Start-Stop Plus and Start-Stop batteries are now ready to be launched to the aftermarket.

9th August 2010/by Tyrepress Editors

Maxxis Confirms Two More Performance/Tuning Show Appearances

Maxxis says it will promote its products to “around 75,000 performance car enthusiasts” expected to attend seven shows at which the brand will be present this summer. In addition to this weekend’s Ultimate Street Car show and the British Superbike Championship, Maxxis has today confirmed it will attend Total Vauxhall Live on 7 August and Ford Fair on 8 August). Maxxis is the exclusive tyre partner of Future, the special-interest media company behind some of the UK’s most successful performance events, magazines and websites. The deal guarantees Maxxis a prominent position within the Platinum Retail Village at both Ford Fair – billed as ‘Europe’s biggest and best Ford festival’ – and Total Vauxhall Live, a new Vauxhall circuit event.

5th August 2010/by Tyrepress Editors

Sales, Profits up at Toyo in Q1, 2010

During the first quarter of the 2010 financial year, Toyo Rubber received net sales of 72,162 million yen (£528.2 million), a 15.7 per cent increase on the same period last year. This increase in sales was matched by a 13 per cent increase in global tyre sales by volume, with a total of 43,700 tonnes of tyres produced in the three months to June 30, 2010. The bulk of this, 37,500 tonnes, was destined for the Japanese market. Operating income for the quarter was 2,612 million yen (£19.1 million), compared with an operating loss of 3,054 million yen a year earlier, and net income amounted to 743 million yen (£5.4 million) compared with a net loss of 2,620 million yen in the same period of 2009.

5th August 2010/by Tyrepress Editors

Maxxis to Attend British Superbike Championship, Performance Car Show

Maxxis has announced it will support MSS Colchester Kawasaki in this year’s British Superbike Championship and attend the Ultimate Street Car show at the Santa Pod Raceway – both events are to take place this weekend (6-8 August).

4th August 2010/by Tyrepress Editors

Marangoni Announces up to 12% Price Increase

Marangoni Retreading Systems has announced that it will implement its third price increase this year on the tread rubber tyre retreading materials (and related products) it sell to the tyre retreading industry. According to an official statement published on 3 August, the prices will be increased by up to 12 per cent with immediate effect in Europe. Marangoni’s management said the increase is due to “sharp rises in the prices of raw materials.”

3rd August 2010/by Tyrepress Editors

Webber Dominates in Hungary to Lead Championship

Red Bull’s Mark Webber used a perfectly timed super soft-medium tyre strategy to win the Hungarian Grand Prix and take the lead of the Formula 1 drivers’ championship in Sunday’s Grand Prix. He was able to extend a lead over Fernando Alonso thanks to a 43 lap first stint on the same set of Bridgestone super soft tyres on which he qualified, continuing to set fastest laps right up until changing to the medium compound, despite searing temperatures at the Hungaroring. He led Scuderia Ferrari Marlboro driver Fernando Alonso across the line by over 17 seconds with teammate Sebastian Vettel in third.

2nd August 2010/by Tyrepress Editors

Kings Road Tyres Believes Brityrex “Will Come Back Strongly” in 2010

Having taken the opportunity to promote its private Kingstone brand in Europe at Reifen 2010, wholesaler Kings Road Tyres goes into Brityrex looking to build relationships and communicate information effectively in the face-to-face format offered by the exhibition, in addition to continuing the stride made this year with Kingstone.

2nd August 2010/by Tyrepress Editors