According to Emmanuel Ladent, president of Michelin’s Agricultural Tyres global business unit, exhibitions like the Paris-based SIMA show give the tyre maker an opportunity to demonstrate its capacity for innovation. Speaking at SIMA, Ladent commented that “trade shows of this size serve as showcases that enable us to demonstrate the tangible solutions we develop for our customers, whether they are users, dealers or equipment manufacturers.”
The verbal fisticuffs between Titan International’s Maurice Taylor and France’s minister of industrial renewal Arnaud Montebourg, first leaked to the world by financial newspaper Les Échos on 19 February, has been played down by the US Department of State. During the department’s daily press briefing on 21 February, Taylor’s disparaging comments regarding the French work ethic were broached and spokesperson Victoria Nuland asked whether the US administration considers investing in France any more (or less) difficult than investing in other European countries.
Continental’s Specialty Tires business unit has added an eco-friendly product, LifeCycle, to its portfolio. The solid rubber tyre is retreaded upon selected used casings, the utilisation of which is said to lead to considerable savings in energy raw materials used in the production process, and this lowers product price. “With customers’ help this large-scale recycling initiative will help to bring down the number of scrap tyres needing disposal as well as the emission of climate-changing CO2,” shared Continental in a written statement. “Continental LifeCycle protects nature and offers cost savings.”
Maurice Taylor’s run for the Republican Party nomination in the US presidential election of 1996 ended in failure, and following recent events it is also unlikely the party will keep him in mind as a future Secretary of State. As expected, French industry minister Arnaud Montebourg has responded to the Titan boss’s strongly-worded letter with a few choice comments of his own.
He stopped short of deploying the phrase “lunch eating laziness monkeys” – but perhaps only just. Titan International chairman and CEO Maurice Taylor has penned a letter to France’s industry minister Arnaud Montebourg, mocking the latter’s well meant but ultimately misguided request for Titan and Taylor to reconsider buying the agricultural business at Goodyear’s Amiens Nord plant. Taylor, a man known for his forthrightness, also took the opportunity to express his feelings towards the Amiens plant workforce.
The Automobile Club de l’Ouest (ACO), the organisation behind the 24 Hours of Le Mans race and other Le Mans series, and Le Mans Endurance Management (LMEM), have selected Michelin as official tyre supplier for the LMPC and GTC classes in the 2013 European Le Mans Series.
Solvay is investing 75 million euros in building an 85,000 ton a year Highly Dispersible Silica (HDS) plant in Włocławek, Poland. Combined with further capacity expansion at its site in Qingdao (China), these two investments are designed to increase Solvay’s global highly dispersible silica production capacity by 30 per cent.
Gordon Brookes, 53, has returned to Michelin’s agricultural division in Stoke-on-Trent, taking over the role of technical manager for the UK and Republic of Ireland from Laurent Mozziconacci. Brookes started his career in the early 1980s running his own company building racing and rally cars. He joined Michelin in 1987 as a multi-product line sales manager and after six years he moved into the agricultural division, where he spent three years, before progressing into the OE and wholesale side of the agricultural department.
Upon reporting increased sales and profit in 2012, Finland’s Nokian Tyres shared its projection for replacement market growth this year in its main markets. Nokian anticipates demand for replacement passenger car tyres will grow one to two per cent in Europe, two per cent in Nordic countries and two to five per cent in Russia. Admittedly, the tyre maker concedes the pricing environment for all tyre categories will be “challenging” this year, although margins will be supported by a ten per cent year-on-year easing in raw material costs in the first quarter of 2013 and a four per cent easing over the entire year. Although Nokian expects to see growth in net sales and operating profit in 2013, it believes that first quarter performance will be “clearly weaker” than in 2012.
Klarius Group Limited put its Quinton Hazell Automotive Limited (QH) into administration on 6 February 2013. Following their appointment, the administrators reached an agreement to sell the Klarius emissions business based at Cheadle, Staffordshire to Klarius Products Limited, preserving 234 jobs. The deal will formally complete during the course of 7 February (today). In addition, the intellectual property rights relating to the QH business were sold separately to Tetrosyl I-Tec Limited, part of Tetrosyl Limited.
The sword of Damocles has hung over Goodyear’s production site in Amiens, France for years now. Most recently, in 2009 the American tyre maker openly discussed plans to end the production of passenger car tyres in Amiens-Nord; the site suffered from “uncompetitive costs,” the company said. Two years ago Goodyear attempted to emulate the deal it made in Latin America and sell the Amiens plant’s agricultural tyre production to Titan International. But all plans for the Titan-Goodyear deal collapsed at the end of 2011. Titan chairman and CEO Maurice Taylor pulled the ripcord and withdrew from Europe, visibly frustrated by the union representatives in Amiens.
ACEA – the European Automobile Manufacturers' Association – has revealed 2012 new car registrations declined by 8.2 per cent in the EU (excluding Malta), continuing the downward trend commenced fifteen months ago. Worse still was the 16.3 per cent reduction in December registrations versus December 2011 – the steepest decline recorded in December since 2008, though this decline can partially be blamed on having on average two fewer working days in the region than in the same month in 2011. The UK was the only major market to post growth in the month, which was also reflected across the whole year.
The 23rd Autosport International has opened its doors at the NEC, Birmingham. The show runs from 10-13 January 2013. Purportedly Europe’s largest motorsport trade show, Autosport International attracts some of the industry’s biggest companies. And from a tyre point of view this means the likes of Pirelli, Dunlop, Yokohama and Maxxis amongst others this year.
Toyo Tires equipped vehicles have won the opening three stages of the 2013 Dakar rally. Open Country M/T-R tyres won Stages 1 – 3 thanks to Team Qatar Red Bull. This year’s Dakar rally runs 5 – 20 January and is nearly 5,000 miles in length. The route runs southward from Lima, Peru to Santiago, Chile.
Following approval by the antitrust authorities, Bosch completed its acquisition of SPX Service Solutions, a US automotive diagnostics specialist at the beginning of December 2012. The agreement to purchase the company was signed the preceding January. SPX Service Solutions develops, manufactures, and sells service equipment, repair-shop accessories, and software for the global automotive market. Based in Canton, MI (USA), SPX Service Solutions generated sales of some US$920 million (some 660 million euros) in 2011. The diagnostics specialist employs 2,800 associates in 17 countries, and has manufacturing sites in the US, Germany, France, and China. The purchase price was $1.15 billion (885 million euros).
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