Michelin Archives - Page 267 of 321 - Tyrepress

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.

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Coach Company: Michelin Beats Bridgestone for Durability

Kirkcowan-based Kings Coach Hire, located in Dumfries and Galloway, has completed a trial using a set of Michelin and Bridgestone tyres on two similar vehicles operating on virtually identical local bus routes.

The Michelin 17.5 inch XZE2 tyres were fitted to a 31-seat midibuses in March 2005, with the tyre performance on both buses closely monitored. The Bridgestone tyres were replaced after 48,000 km whilst, in comparison, the Michelin tyres are said to have already covered 89,000 km, with a further 4mm of tread remaining.

30th January 2006/by Tyrepress Editors

Apollo Tyres Invests In Truck and Bus Radial Manufacture

Apollo Tyres is to invest 400 million rupees in truck and bus radial production at the company’s Limba plant. Apollo’s announcement follows the news in October 2005 that Michelin had bought Apollo Tyres’ stake in the two companies’ joint venture. At the time Michelin cited the “slower than projected pace” of radialisation as its reason for the move.

26th January 2006/by Tyrepress Editors

Far From Running-Flat

So far the growth of run-flat tyre sales has been almost exclusively through OE business. As the replacement market becomes more and more visible, Tyres & Accessories to took the opportunity to ask Goodyear Dunlop UK MD, Dick Johnson; Michelin’s Technology Centre Europe director, Bernard Delmas; and Bridgestone UK marketing manager, Andy Lane, for a deeper insight in the development of the run-flat aftermarket.

Last month Bridgestone announced that it had shipped its three-millionth run-flat tyre in total. At the same time the UK wing of the multi-national manufacturer said its run-flat sales boomed in 2005. While 3 million run-flats may sound like a lot of tyres, speaking to other manufacturers puts the Japanese company’s figures into context. Bernard Delmas, director of Michelin’s Technology Centre Europe, described the segment as a “fledgling market” which equated to 1 per cent of 300 million, in terms of the total European OE market.

26th January 2006/by Tyrepress Editors

Michelin Expected to Announce Operating Margin of 8.7 per cent

Michelin is expected to record a “stable” operating margin for 2005 when it announces its full-year results on 14 February. The price rises implemented by the tyre manufacturer have reportedly made it possible to compensate for high raw material prices. A consensus of the estimates of 15 analysts, suggests that the company will publish a 2005 operating margin of 8.7 per cent, according to Reuters.

24th January 2006/by Tyrepress Editors

First Commercial Vehicle Michelin Accreditation

Ashford-based independent retailer Commercial Tyres has become the first truck tyre dealer in the UK to pass a series of stringent quality checks laid down by Michelin Tyre plc.

Commercial Tyres, which also operates branches in Aylesford and Crawley, specialises in supplying road transport operators with a full range of tyre services, ranging from fitment through to fleet management.

16th January 2006/by Tyrepress Editors

Bridgestone Opens Shanghai Retail Store

Reports in the Shanghai Daily say that Bridgestone has opened a 1.6 million Yuan (US$ 198,270) “Car Wing” store in Shanghai. The store covers 789 square metres and is Bridgestone’s largest in China. It is also the first built by the tyre manufacturer, as its other stores were built by dealers.

13th January 2006/by Tyrepress Editors

Michelin’s Radial Plans Rely On Demand

Michelin has put its planned collaboration with Apollo Tyres on hold while the businesses wait for the national radialisation rate to gather speed. The companies maintained that their working relationship was on track, but that demand has to increase before manufacturing work gets underway.

10th January 2006/by Tyrepress Editors

Hankook Execs Predict Slow Tyre Market for 2006

Hankook Tire Co Ltd expects a difficult global market this year due to higher raw material costs and oversupply, a senior company executive told Reuters.

Hankook, which exports up to 70 per cent of what it produces, has also been under pressure from a softer euro against the dollar, which cuts profits for exporters to the region.

5th January 2006/by Tyrepress Editors

Michelin Sues Dynamic, Sherkin Over Copyright Infringement

(Akron/Tire Review) Michelin North America (MNA) has filed a copyright infringement suit against Dynamic Tire Cor. and its president, Robert Sherkin, in the US District Court for the Northern District of New York.

At the same time, MNA’s Canadian unit filed suit against Dynamic, which is based in Toronto, and Sherkin alleging infringement of two Canadian Industrial Designs by Dynamic’s distribution of Triangle TR696 and Triangle TR689 tyres. Michelin also seeks an injunction to halt distribution of these tires along with an award of damages and costs.

4th January 2006/by Tyrepress Editors

Michelin Recalls Pilot Sport Extra Load Tyres

Michelin is recalling its Michelin Pilot Sport Extra Load tyres in size 255/35 ZR 20 97Y. According to an official statement, “this decision results from the analysis of customer returns in Europe, which has revealed an anomaly that in certain cases may lead to a rapid loss of air pressure in the tyre. This situation constitutes a potential safety risk.” The manufacturer says it will therefore exchange all of the tyres in question.

As a precautionary measure Michelin has decided to exchange all the subject tyres. UK readers wishing to query Michelin further can phone the following number: 0800 056 7200. Callers in the Republic of Ireland should dial 01 459 5955.

4th January 2006/by Tyrepress Editors

Leading Associations Join Tyre Industry Federation

The Tyre Industry Federation (TIF) has strengthened its position as the leading authority for the tyre industry by voting to accept the Industrial Tyre Association, National Tyre Distributors Association, Retread Manufacturers Association and Tyre Recovery Association. The federation now includes all the significant associations within the tyre industry and is representative of the whole tyre supply and disposal chain in the UK.

4th January 2006/by Tyrepress Editors

Audi Banks on Diesel for Le Mans

Audi hopes that its brand-new R-10 will become the first-ever diesel car to be victorious at the Le Mans 24-Hour race next June. The 650 bhp car will be fitted with what are described as “wider and grippier” Michelin tyres.

19th December 2005/by Tyrepress Editors

Michelin OTR Plant Expansion Adds Presses

(Akron/Tire Review) The $85 million expansion program Michelin North America (MNA) announced for its Lexington, South Carolina, OTR plant will see the addition of at least eight new curing presses. And the company said that it could increase capacity further on available land at the plant site.

16th December 2005/by Tyrepress Editors

Continental to Increase Investment

In 2005 Continental’s capital expenditure increased by 20 per cent and should increase by a further 7 per cent to 910 million euros (6.3 per cent of sales). Over the last three years (2002 – 2004) Continental’s capital expenditure (capex) reached 5.5 per cent of sales, approximately 650 million euros per annum, according to Deutsche Bank analysts.

16th December 2005/by Tyrepress Editors

Michelin Boosts OTR Production in Lexington Plant

(Akron/Tire Review) Michelin North America (MNA) has confirmed reports that it plans to invest $85 million over the next five years at its OTR tyre production facility in Lexington, South Carolina, increasing production by nearly 50 per cent.

15th December 2005/by Tyrepress Editors