As of June, 1 prices for all Pirelli passenger car and light truck tyres sold in the US will increase by six to nine per cent. The manufacturer attributes the decision to further lift prices to increasing raw material costs.
The second quarter of 2011 will begin with price increases for a number of Continental Tires’ products in the Asia-Pacific replacement market. Prices of Continental branded passenger and light truck tyres will rise by up to five per cent, while truck and bus radials will be subject to price increases of up to six per cent. Other Continental owned brands face increases of up to nine per cent. The tyre maker says specific details of percentage increases and the timing of their introduction will be “communicated locally across the region.” In announcing the increases, Continental points to the rising costs of raw materials as the primary reason behind its need to review prices.
Prices for Pirelli consumer products in the United States are to rise over the coming months. On March 1, 2011, the price of moto tyres will increase three per cent, while a five per cent increase for car and light truck tyres will be implemented on April 1. The tyre maker says increasing raw material costs, particularly natural rubber, are the reason behind this price hike.
Prices for Yokohama’s consumer segment tyres will increase by up to eight per cent as of March 1. Yokohama Tire Corporation says the price rise will include passenger car, high performance and light truck tyres and that other in-line adjustments will be announced at a later date.
Prices for all Pirelli passenger car and light truck tyres sold in the United States will rise as of December 1, 2010. Increases of up to seven per cent will apply. Pirelli says the higher prices are being implemented due to increasing raw material costs.
The approval of operational permits and licensing means that Magnum D'Or Resources subsidiary Magnum Recycling USA is now able to supply waste tyres from its 120+ acre Hudson, Colorado landfill facility to Magnum’s planned recycling facility, where rubber powders and compounds such as those the company recently tested in light truck tyres will be manufactured.
Russian tyre manufacturers appear to have been offering significant discounts in the first half of 2009 with unit export figures falling far slower than export values. The latest data compiled by the Russian Discovery Research Group Russian tyre shows exports totalled 3,259,440 in the first half of 2009, down from 3,566,469 in the first half of 2008 (-8.6 per cent). Passenger-car tyre exports fell 7.1 per cent in the period, with truck tyre exports down 14.9 per cent. However, exports of light truck tyres countered the trend by growing 40 per cent.
In a letter to President Obama, David Hartquist, executive director of the Committee to Support US Trade Laws (CSUSTL), encouraged the President to support a petition brought by the United Steelworkers union.
The National Highway Traffic Safety Administration (NHTSA) has announced Kumho Tire USA’s recall of 36,292 Mohave A/T light truck all terrain tyres. The recall is restricted to the sizes LT225/75R16, LT245/75R16, and LT265/75R16 produces between December 7, 2008 and June 13, 2009. According to the NHTSA announcement, vehicles fitted with these tyres may experience “difficult” handling performance when operated under loaded conditions or when changing lanes. This condition, the announcement adds, may result in the vehicle swaying, resulting in the possibility of a crash occurring.
Kumho will notify owners and replace the tyres free of charge. A safety recall is anticipated to get under way during July.
A small number of workers at Continental AG’s Clairoix passenger tyre factory reportedly egged their bosses in a meeting taking place in nearby Reims. According to the AFP news agency, hundreds of angry workers gathered outside the hotel in which the meeting was being held to protest at the recently announced closure of the Clairoix plant.
On 12 March French president Nicolas Sarkozy said he wished to make sure Continental was keeping its promises and respecting French legal procedures. However, the Journal du Dimanche quoted Continental vice president responsible for passenger car/light truck tyres, Bernhard Trilken, as saying Continental AG “scrupulously” followed French law with relation to the announced plant closure.
When Tyres & Accessories recently spoke to TRIB managing director Harvey Brodsky, he singled out Sailun as a Chinese manufacturer of new tyres that has in recent times paid close attention to product quality. “You will hear more from them,” stated Brodsky. One place we will hear more from them is through the Belgian based wholesaler Deldo.
Goodyear Tire & Rubber intends to increase prices for its passenger car and light truck tyres by as much as seven per cent in North America. The manufacturer has notified retailers that prices would increase for orders on or after February 1 due to continued raw material, transportation and other cost rises.
(Tire Review/Akron) Cooper Tire & Rubber Co. announced a price increase of up to 5%, which will vary between product lines for all customers, effective February 1, 2008. The increase will cover passenger and light truck tyres.
(Tire Review/Akron) Continental Tire Canada Inc. has announced an 8 per cent price increase on all Continental, General and associate brand passenger and light truck tyres. Specific increases will vary by market line and/or size. The replacement market increase takes effect January 1, 2008.
(Akron/Tire Review) Sumitomo Rubber Industries has announced plans to develop more fuel-efficient passenger and light truck tyres. Company officials said that in the near future, Sumitomo will launch new tyres with rolling resistance about half that of existing standard tyres. The planned new radials are expected to improve fuel economy by some 10 per cent, the company said.
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