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MWS: Rising Steel Prices to Increase Aluminium Wheel Demand

The rising cost of steel will result in extra demand for forged aluminium wheels according to Motor Wheel Service (MWS) managing director, John Ellis. Over the last 12 months the price of steel billet has risen from $395 to $475 per tonne, rising as high as $600 per tonne in April 2010, and both the OEM industry and tyre manufacturers have been warned to expect price rises of up to 20 per cent for steel wheels come 1 September 2010. The company believes that when the increase takes effect, the difference between the cost of a steel and a forged aluminium wheel will be at an all time low, making the lighter and traditionally more expensive products a far more attractive proposition for commercial vehicle operators.

25th August 2010/by Tyrepress Editors

Sumo Firenza Offers Broadening Size Range

The Sumo Firenza brand is continuing on its strategy of being a competitive option within the truck tyre market in both Europe and the UK, according to global distributor Singapore-based Stamford Tyres. In the UK Sumo Firenza truck tyres are exclusively distributed by West Midlands based International Tyres.

Company representatives attribute the brand’s progression to face that its products incorporate Japanese technology and are manufactured in the Far East. In addition Sumo Firenza’s truck tyre portfolio offers a growing size range plus a broadening choice for the Super Singles market.

25th August 2010/by Tyrepress Editors

Pro-Align Joins TyreSafe

Wheel alignment equipment supplier Pro-Align has become the latest company to join TyreSafe. Pro-Align will support the industry’s safety awareness group’s ongoing campaigns which raise awareness about the dangers associated with defective and illegal tyres. The company will also provide specialist knowledge and advice relating to wheel alignment issues.

25th August 2010/by Tyrepress Editors

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