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Vettel takes on Hembery in tyre fitting challenge

Sebastian Vettel, the first winner of the Formula One Drivers’ Championship in the Pirelli era, took on Pirelli’s motorsport director Paul Hembery in a tyre fitting challenge at the Buddh International Circuit in India yesterday afternoon. The German driver had never fitted a tyre before, though that did not prevent him from beating Hembery’s time by 31 seconds. Despite help from the Pirelli crew, both men took more than twice as long as the experts in assembling the wheel from scratch. The event, filmed by television crews around the world, is another example of Pirelli’s ongoing mission to put tyres in the limelight during its period as F1’s supplier.

28th October 2011/by Tyrepress Editors

Pirelli “deliberately conservative” in F1’s first visit to India

Pirelli’s motorsport director Paul Hembery says the newly-introduced Indian Grand Prix, taking place at the recently-constructed Buddh International Circuit near the manufacturer’s Indian HQ in New Delhi, has led to Formula One’s tyre supplier taking a “deliberately conservative” compound line-up “simply because on a brand new circuit you are never quite sure of the exact race conditions you will encounter.” With the track never having been used before, Pirelli has opted for a tyre nomination that should cover every eventuality, with the P Zero Silver hard tyre – making its final appearance of the season – alongside the P Zero Yellow soft tyre.

24th October 2011/by Tyrepress Editors

Bridgestone details spending with aircraft, mining expansion plans

Bridgestone has followed up its September “major strategic investment” announcement, detailing the $1.2 billion it will spend on OTR production facilities in North Carolina, with more details that suggest record spending levels to meet rising demand in emerging markets. The corporation released its Mid-term Management Plan 2011, covering the period 2012-2016 in which it set a target of a 6 per cent return on assets next year. The plan detailed “measures for expanding sales of strategic tyre products and improving its sales mix, maximizing operational rationalization, and thoroughly streamlining company assets.”

21st October 2011/by Tyrepress Editors

Selleck assumes Michelin North America leadership

On October 17, Michelin North America’s Richard Wilkerson handed over the top job in the company to Pete Selleck. US-born Selleck, previously president of Michelin’s Truck and Bus division, returned from his France-based position to take over as chairman and president of Michelin North America after Wilkerson announced his intention to retire. As chairman and president, Selleck assumes responsibility for coordinating all Michelin activities in Canada, Mexico and the United States; Wilkerson remains with Michelin as chairman emeritus.

18th October 2011/by Tyrepress Editors

Indian govt looking into tyre quality claims

India’s Consumer Affairs minister, K V Thomas, states his ministry has begun looking into complaints made about poor quality ISO certified tyres. Speaking to The Economic Times, Thomas shared that “some tyre companies, who have ISO certification, are not adhering to the quality standards. We have received complaints about poor quality tyres. We are seriously looking into them."

14th October 2011/by Tyrepress Editors

Continental to focus investment on Asian markets

Continental AG plans to focus its near-term investments on the Asian markets, according to board member Heinz-Gerhard Wente. In a Bloomberg report, Wente noted that sales in Asia will likely represent a third of the corporation’s total revenues.

“While Europe will remain the biggest market for Continental, next year might ‘bring some problems’ because of a possible economic slowdown triggered by the sovereign-debt crisis,” the Bloomberg story said. It would not be “a dramatic downturn,” though.

11th October 2011/by Tyrepress Editors

MRF considering international, including European, acquisition options

MRF Ltd is reportedly considering a number of overseas acquisitions options. According to various Indian news reports, top of the list are tyre plants and rubber plantations in moves that will form part of the company’s global expansion plans.

11th October 2011/by Tyrepress Editors

Lock-out the latest problem for Dunlop India plant

Dunlop India Ltd has informed the Bombay Stock Exchange of its decision to suspend operations at the company’s Sahaganj factory. In a lengthy letter outlining the various problems the company has faced at this factory since acquiring the tyre manufacturing business in 2005, Sahaganj plant manager M A Khan said it is no longer “possible to keep the factory open, continue to make payment of unproductive wages to idle workers and take risk for the safety and security of [the] plant and its employees.”

10th October 2011/by Tyrepress Editors

T&A offers free tickets to Autosport International 2012

Autosport International kicks off the 2012 motorsport season at the Birmingham NEC, UK, on 14-15 January and we’re offering three readers the chance to win a pair of tickets. If you want to win, all you have to do is answer this very simple question: Which tyre manufacturer took over F1 tyre supply from Bridgestone during the last season? To be in with a chance, simply email your answer to info@77.237.250.82 or post it the old fashion way to: 6a Salem Street, Stoke-on-Trent, ST1 5PR. Mark your entries "Autosport Competition" and don’t forget to include your contact details. The three winners will be drawn from all the correct answers. The closing date is 9 December 2011.

7th October 2011/by Tyrepress Editors

Hayes Lemmerz purchased by Brazil’s Iochpe-Maxion

Following an all-cash transaction valued at approximately US$725 million, wheel manufacturer Hayes Lemmerz International, Inc. has been acquired by Iochpe Holdings, LLC, a subsidiary of Brazilian automotive and railway wheel and chassis manufacturer Iochpe-Maxion S.A. The deal will combine Hayes Lemmerz’s global wheels business with that of Iochpe-Maxion.

7th October 2011/by Tyrepress Editors

European output up, but Michelin exposed in NA, not enough in emerging markets

Following Michelin’s investor’s day briefing at its Cuneo, Italy factory on 5 October financial analysts suggested that while the good news is that Michelin’s European production is up and increasingly efficient, the company remains over-exposed amidst the ailing demand of the North American markets and conversely not exposed enough in the emerging markets.

6th October 2011/by Tyrepress Editors

Commitment to the truck tyre segment

September’s official launch of numerous additions to the Pirelli :01 Series presented Tyres & Accessories with the opportunity to visit the Italian manufacturer’s production site in Izmit, Turkey, where some of the range is produced alongside passenger car and motorsport tyres. It also gave us the chance to sit down with Ugo Forner, who has worldwide responsibility for Pirelli’s ‘Truck’ business unit, and listen to his views on Pirelli’s plans and the changing nature of the global commercial vehicle business.

29th September 2011/by Tyrepress Editors

Tyre strategy helps Di Resta to season’s best as Vettel completes ninth win

Clever tyre strategy allowed Force India’s Paul di Resta to claim a season’s best sixth at the Singapore night race, where Red Bull’s Sebastian Vettel claimed his ninth victory of the year. Only Jenson Button’s second place finish for McLaren prevented the title fight from ending. Pirelli described the race as one of the toughest of the season, taking the longest time to complete and requiring the heaviest fuel load.

26th September 2011/by Tyrepress Editors

Continental drives premium safety message home

You get what you pay for. That’s the clear message Continental was communicating to fleets, safety associations and the trade at a series of Continental experience days the company has been running at MIRA this year. The firm also ran presentations and demonstrations on the benefits of greater tread depth, winter tyre usage, OE development and the evolution of its on ContiSportContact range.

16th September 2011/by Tyrepress Editors

Michelin planning to start India production in November 2012

Production at Michelin’s new factory in Chennai, India should be underway by November 2012. B Kumar, national sales manager for Michelin India’s truck and bus division, confirmed this date to the Press Trust of India, adding the tyre maker has already employed some 500 plant workers and “plans to hire more soon.” According to PTI, a workforce of around 1,500 is planned for the facility’s initial phase.

12th September 2011/by Tyrepress Editors