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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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Michelin: Acquiring Multistrada will help meet growing tier 2 tyre demand

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On Friday, Michelin announced its acquisition of 88 per cent of Indonesian tyre maker PT Multistrada Arah Sarana TBK (Multistrada) for US$480 million. The share purchase was completed in line with the terms announced on 22 January 2019 and after obtaining all necessary approvals. As part of the transaction, Michelin also takes on a 20 per cent stake in the tyre retail and automotive service chain PT Penta Artha Impressi, as well as 50 hectares of land.

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Related news:

  1. Michelin now 99.64% owner of Multistrada
  2. Interested parties vie to acquire Indonesian tyre maker Multistrada
  3. Michelin buys Indonesian tyre manufacturer Multistrada
  4. Data increasingly important to future prospects in tyre and mobility sectors
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What does the Bugatti La Voiture Noire drive on?

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Electric supercars may have been the talk of the 2019 Geneva Motor Show, but the most expensive vehicle there – and anywhere else in the world for the matter – was the Bugatti La Voiture Noire. The Noire features, a carbon fibre body, a 1,500 horsepower 16-cylinder engine and an enormous US$11 million price tag.

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Related news:

  1. 1012 bhp Bristol Fighter-T Runs on Michelin Tyres
  2. The World’s Priciest Tyres – Set of Bugatti Veyron Rubber Costs £23,500
  3. Veyron Tyres Last Just 37 Miles at Top Whack
  4. Michelin Selfseal tyres OE on new Ford Explorer
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Michelin opens applications for apprenticeship programme

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Michelin has opened applications for the five trainee places available in its 2019 intake, with roles available in engineering and business administration in Stoke-on-Trent. Michelin’s apprenticeship programme was launched in 1927. The tyre manufacturer states that it “underpins the culture of the company overall, providing a springboard for trainees to start their careers through a tailored mix of training and work experience.”

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Related news:

  1. Apollo appoints Steve Miller as UK TBR sales manager
  2. Stewart Pooley appointed Michelin original equipment country manager
  3. Scotlands Ash Garage adds to experienced team
  4. Michelin appoints Jonathan Layton head of fleet
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One for the road: Michelin introduces RoadBib for roadgoing 200+hp tractors

Following nearly two years of extensive end-user testing with agricultural contractors across Europe, Michelin has launched its new RoadBib tyres in the original equipment and replacement markets. With the RoadBib, Michelin has introduced the first fitment for 200+hp tractors to be specifically designed to provide high performance, longevity and traction on machines used intensively on the road.

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Related news:

  1. Michelin moves away from lugged treads with RoadBib tractor tyre
  2. First Michelin RoadBib tyres fitted in Scotland
  3. Shanghai Tyre & Rubber Company Limited: Double Coin
  4. CGS Promotes Semperit Brand
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Haulier Ronnie S Evans signs up to Michelin Effitrailer programme

After participating in an eight-month trial, family-owned haulier Ronnie S Evans has signed its entire trailer fleet up to Michelin’s Effitrailer programme. Results suggest that the haulier saved £45,000 during the trial period.

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Related news:

  1. Carlson Vehicle Transfer introduces Michelin Effitrailer across car transporter fleet
  2. Addison Lee’s CrossClimate+ switch results in yearly tyre saving
  3. WJ&J Green signs 5-year Michelin tyre management, telematics contract
  4. Michelin grows tyre contract with Huntapac Produce
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Data increasingly important to future prospects in tyre and mobility sectors

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It is not unusual for the start of the year to be replete with corporate acquisitions. Some even happen while much of the western world is enjoying Christmas and new year holidays. While European FinTyre Distribution (EfTD) did indeed enact the latest move in its ongoing strategic purchasing programme during the 2018 holiday break, it seems that this year February was the month of choice for getting the chequebooks out, with Bridgestone, Michelin and – in the UK at least – Goodyear all announcing strategic spending. For different but connected reasons all three challenge us to consider the impact of changing mobility trends.

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Related news:

  1. Michelin the number one consumer researched tyre brand: Tyre Reviews
  2. Bridgestone buying Tomtom Telematics for 910 million euros
  3. Goodyear and Halfords moves represent the virtualization of the tyre distribution chain
  4. Further Firestone Recall By Ford
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Armstrong Richardson sign Michelin/Remix fleet tyre deal

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Armstrong Richardson, along with its sister company C&C Horse Transport, is moving its 50-strong truck fleet to a 100 per cent Michelin new and Remix tyre policy, after a side-by-side comparison projected savings of more than £60,000 a year.

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  1. Michelin Stoke up-and-running, looking forward to ‘steady market growth’
  2. Oliver Rubber launches regional/long-haul trailer retread
  3. Bedfordshire Fire and Rescue Service chooses Michelin
  4. Michelin wins back fuel tanker fleet policy within two years
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William and Kate meet with Michelin staff in Dundee

The Duke and Duchess of Cambridge have met with Michelin Dundee stakeholders as part of a visit to officially open Dundee’s V&A Museum of Design.

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Related news:

  1. Michelin closing Ballymena factory, investing in Dundee and Stoke-on-Trent
  2. Michelin closing Dundee tyre factory
  3. Dundee closure ‘supports Michelin’s intent to accelerate cost savings’ – analyst report
  4. First meeting: Michelin Dundee Action Group
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ATS Euromaster retains ISO 9001 for 27th year running

ATS Euromaster has renewed its ISO 9001 certification for the 27th consecutive year. The renewal means the national tyre and vehicle maintenance provider has consistently met the highest award for quality management since 1992.

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Related news:

  1. GITI Tire Show Fleet Offering at CV Show
  2. Reynolds Logistics Becomes Latest Michelin PPK Partner
  3. ATS Euromaster service ‘key’ to Gwynedd Shipping Group
  4. ATS Euromaster signs OmniServ contract
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The thinking behind Bridgestone’s TomTom Telematics acquisition

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Bridgestone’s successful acquisition of TomTom Telematics follows earlier reports that both Michelin and Bridgestone were vying to buy the Telematics business unit from Netherlands-based company TomTom. In addition, according to Dutch financial daily Het Financieele Dagblad, Michelin was one of four in the running. For its part, Michelin was allegedly aiming to add the business into its Michelin Solutions portfolio. Clearly, in order to maintain its original plans and to compete with Bridgestone, Michelin will now have to find an alternative way of moving forward.

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Related news:

  1. Michelin launches fleet tyre management apps
  2. Michelin Tire Care [strategy] launched
  3. Bridgestone Europe completes acquisition of TomTom Telematics
  4. Bridgestone buying Tomtom Telematics for 910 million euros
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Michelin TPMS – Bike launched to protect riders from risk of tyre failures

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British technology firm Fit2Go TPMS, a global licensee for Michelin, has launched its first tyre pressure monitoring system for motorcycles, mopeds and scooters – introducing new levels of safety for riders for whom tyre condition is critical. The Michelin TPMS – Bike is a ‘plug & play’ retrofit kit that comes as standard with a magnetic display mount, inductive charger and two sensors, replacing the original valve caps. It brings the same direct TPMS technology already launched for the passenger car and commercial vehicle markets to two-wheels for the first time.

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Related news:

  1. Michelin launches fleet tyre management apps
  2. O’Shea joins GX2 Technology Group
  3. TyreSafe award for Michelin Tyre Pressure Monitoring System (TPMS) – Bike
  4. Michelin Tire Care [strategy] launched
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Michelin buys Indonesian tyre manufacturer Multistrada

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Michelin has agreed to buy 80 per cent of PT Multistrada Arah Sarana TBK, the Indonesia-based tyre manufacturer. With a production capacity of more than 180 thousand tons (which equates to 11 million passenger car tyres, 9 million two-wheel tyres and 250 thousand truck tyres), Multistrada generated net sales of US$281 million in 2017.

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Related news:

  1. Michelin: Acquiring Multistrada will help meet growing tier 2 tyre demand
  2. Michelin now 99.64% owner of Multistrada
  3. Interested parties vie to acquire Indonesian tyre maker Multistrada
  4. Data increasingly important to future prospects in tyre and mobility sectors
/by

CDP scores Brembo ‘A’ for both climate change and water security

Brembo has been highlighted as a global leader in corporate sustainability by environmental impact non-profit CDP, achieving a place on the CDP A List for both climate change and water security – two out of three environmental themes covered by CDP scores.

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Related news:

  1. Pirelli recognised as Climate Change leader
  2. CDP names Pirelli Climate Change leader for second year
  3. Brembo reports 1H sales of 1.1468 billion, EBIT up 42%
  4. Tyre makers honoured with GM & Ford supplier awards
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Tyres replace tracks for Essex farmer

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Hinckford Farming has praised Michelin’s “excellent support” after replacing a rubber tracked crawler with a Claas Xerion 5000 fitted with a set of the manufacturer’s Ultraflex high volume AxioBib tyres. The arable farm had been using tracks for many years for its heavy cultivations but had recently struggled with grip in wet conditions, and suffered damage to the soil structure on headlands when turning.

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Related news:

  1. Michelin demonstrates benefits of Ultraflex tyres, central tyre inflation in Aberdeenshire
  2. Britain’s first farmer to use Michelin’s AxioBib 2 tyres sees soil preservation benefits
  3. Kensham Farms specifies Michelin AxioBib following ‘exceptional’ abrasive soil grip, life
  4. Thoresby Farming fits Michelin AxioBib tyres on 500hp tractor
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