Tyre industry pioneers, Michelin has a long history. Having begun in 1889, Michelin is now the second-largest tyre manufacturer in the world after Bridgestone and larger than both Goodyear and Contineantal.
North Eastern Tyre & Exhausts has recently completed an extension to its main distribution centre’s warehousing and sees itself as a prime example of a company geared up to distribute high and ultra high performance tyres. Following several years of continuous focus on developing its product portfolio the company is now building its reputation as a specialist in this area of the market.
Michelin is to become the first major manufacturer in Scotland to commit to using renewable energy, with the construction of two wind turbines at its Dundee plant, says an article in The Scotsman. In a battle against being hurt further by rising energy costs, the turbines – which are expected to be operational by July – will provide up to 4MW of power on a windy day, meeting the entire Dundee factory’s needs. Over the course of the year it is forecast to provide about a third of the energy needs, cutting electricity bills by about 8 per cent, once running costs are accounted for.
Shepton Mallet-based Framptons Transport Services Ltd has identified an average fuel saving of 0.24 mpg (nearly three per cent) on its ERF ECT tractor units, following a trial of Michelin Energy tyres, which are designed for trucks operating primarily on major roads and motorways. The trial saw two tractor units fitted with 315/70 R22.5 A2 Energy tyres as original equipment in 2004, with the fuel economy carefully monitored for a period of 18 months. Fuel consumption was measured against identical vehicles in the fleet operating on Michelin’s ‘E’ segment tyres.
Vredestein Hi-Trac tyres bested those of its international competitors – including those manufactured by Goodyear, Continental, Pirelli and Bridgestone in independent tests which compared braking distances, overall speed & handling and resistance to aquaplaning on wet roads. The tyre took first place on average in 10 tests.
(Akron/Tire Review) The Shanghai Daily reported last week that Goodyear Tire & Rubber Co. has launched a consumer tyre service plan in China, responding to a similar scheme unveiled by Groupe Michelin earlier in the week. Much like Michelin’s plan, Goodyear will offer Chinese tyre buyers a two-year package that includes 24-hour roadside assistance, flat tyre repair, towing and other services.
Michelin will actively support the GreenFleet drive-day event at Silverstone 11 April. The company says the event will demonstrate the value of its new Primacy HP tyres which are said to deliver “at least 25 per cent more miles than equivalent competitors’ products and the huge fuel saving benefits of its Energy low rolling resistance tyre range.”
Michelin North America (Canada) Inc today announced details of an initiative aimed at contributing to the economic regeneration and long-term prosperity of the Waterloo Region.
Michelin Development will be headed by John Tully, a long-time Michelin North America, Inc. executive. According to the company, Tully brings experience in community relations and customer service to the programme. He will relocate to Kitchener from Greenville, South Carolina to establish the company’s office.
(Akron/Tire Review) Groupe Michelin launched a new service product in China called Sui Ni Xing or “Drive Without Worry,” according to China Daily. The product, which includes services such as 24-hour roadside assistance, free tyre repair, towing and warranty programs, will be available in China within the next two years.
Formula One world champion Fernando Alonso says his expected battle with Michael Schumacher this year’s title is likely to come down to a battle of the tyres. Alonso’s team (Renault), Honda and McLaren are all Michelin-shod teams, while their Bridgestone supply rivals Toyota, Williams and Ferrari. But it is Ferrari that have Alonso worried. “Ferrari’s success will depend on their tyres. We saw that in Bahrain. The Bridgestone worked very well – Schumacher was fighting for victory and Williams did the fastest lap of the race,” said Alonso.
Michelin’s budget for raw material costs is expected to increase by 11 per cent year-on-year in 2006. However, Deutsche Bank analysts report that natural rubber is up 15 per cent so far this year. “Natural rubber (RSS3) represents 25 per cent of raw material (24 per cent of sales or 4 billion euros), therefore should the natural rubber stay at these levels this would imply a discrepancy of around. 75 million euros on budgeted margins,” the analysts explained.
The new Dunlop Sportmax Qualifier scored another significant victory in its second major international comparative tyre test; this time by German magazine PS.
The test confirmed the result published last month carried out by US magazine, Sport Rider, which compared the top road tyres on the market. The Dunlop Sportmax Qualifier was pitched against the latest offerings from Michelin, Pirelli, Bridgestone, Avon, Metzeler and Continental in a gruelling assessment of traction, braking, steering response and general handling qualities.
Michelin has increased its financial stake in Hankook, purchasing an additional two million shares – equivalent to 1.3 per cent of the Korean manufacturer’s share capital – for US$26 million.
Michelin is reporting that Anglian Water’s decision to switch its tyre procurement policy to Michelin from another mainstream manufacturer has resulted in measurable cost savings of nearly 16 per cent per year and halved the number of tyre related breakdowns.
The company operates a fleet of 49 waste tankers and tippers, comprising a mixture of Volvos and Scanias, which are responsible for moving solid product from sewage works directly to treatment plants across the East of England, stretching from the Humber to the Thames.
Sin Hup Huat Company (SHH Co.). has signed a memorandum of understanding with Nankang Rubber Tyres Corporation Taiwan, for SHH Co to exclusively market and sell Nankang’s full range of tyres for Brunei.
The tyre distribution deal will be supported by further contracts that SHH managing director Steven Kuan signed with Brunei’s Hyundai dealer Setia Motors Sdn. Bhd. This makes SHH Co. the preferred service provider for tyres, wheel services and roadside assistance for Setia Motors Sdn. Bhd. SHH simultaneously sealed a deal with 24/7 Roadside Assist, represented by its managing director Mark Adams. 24/7 Roadside Assist will join forces with SHH Co. as its official affiliate service partner and retail outlet for roadside assistance service and preferred workshop.
Vaughan Freeman, a motoring writer for leading national newspaper The Times, has published an article promoting the use of cold weather tyres. Under the title “Tests Show Winter Tyres Can Cut Braking Distances”, the article explained all the important features about the introduction of cold weather tyres in the UK.
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