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Goodyear increases 2011 sales, earnings despite low Q4 volumes

The Goodyear Tire & Rubber Company has reported increased sales and earnings for the fourth quarter of 2011 and the full year. In the Europe, Middle East and Africa region the company improved on its 2010 figures, with segment operating income up to $627 million, compared to $319 million in the previous year. The company’s fourth quarter represented a slowdown in the region, shipping fewer tyre units than in 2010 – 16.9 million vs. 17.7 million – and it predicted that 2012 would be down by up to nine per cent in European consumer business, with worse predicted for the commercial original equipment market. Chairman and chief executive officer, Richard J Kramer commented on the company’s overall sales and segment operating income records by saying the company had “successfully managed a challenging economic environment.”

14th February 2012/by Tyrepress Editors

Hankook donates tyres to African Charity Project

Hankook Tyre UK recently supplied 12 all-terrain Dynapro MT RT03 tyres which were fitted to two Land Rover Defenders in support of the Bhubesi Pride Project. The Bhubesi Pride Project is part of an initiative which involves a team of qualified coaching staff who shall spend six months driving through tricky terrain as they visit 15 schools in 10 African countries. The highly qualified coaching team shall be using rugby as a tool to help to educate schools and communities in Africa, both empowering teachers and uniting children through sport.

7th February 2012/by Tyrepress Editors

Rockwell now a Michelin preferred supplier

Michelin has strengthened its relationship with Rockwell Automation with the signing of a four-year preferred supplier agreement. As per the agreement, Rockwell will supply tyre manufacturing automation and control equipment to Michelin facilities all over the world.

6th February 2012/by Tyrepress Editors

Back in REACH – Zafco responds to ETRMA result

Company News, International News, News

Brand representatives report that since its launch in 2005, Zeetex has developed a strong reputation for quality assurance, safety and compliance with environmental requirements, and holds an impressive range of certifications. However, manufacturing body ETRMA found at least one Zeetex branded tyre that was non-REACH compliant was found on the European market in March this year. However, speaking in a recent interview with Tyres & Accessories, the global product manager of Zeetex at Zafco, Zafar Jafri, explained explained the company’s perspective on this issue: “ETRMA found a so-called ‘dirty’ tyre. At that time we were running two production lines (one for international sales and one for Europe).” Explaining that the tyre question was certainly not intended for the European market, Jafri continued by pointing out that the mishandling that led to the aforementioned tyre’s arrival in the European Union could only have come as a result of the mishandling at the factory’s warehouse, similarly unintentional mishandling at Zafco’s distribution centre or via grey-imports.

12th January 2012/by Tyrepress Editors

2011 a record year for Rolls-Royce

We are told that we are living in an age of austerity and belt-tightening, but this has not stopped Rolls-Royce Motor Cars announcing that 2011 was a record year for sales of the luxury marque. 3,538 cars were sold globally during the year, a 31per cent increase on the 2010 total of 2,711 cars. The figure represents the best sales result in the company's 107-year history; the previous record of 3,347 cars having been set in 1978 during the Silver Shadow II era.

10th January 2012/by Tyrepress Editors

Tire Group International expands team

Tire Group International has appointed Enrique Goudie, a 20-year veteran of the tyre industry, as senior category manager in the company's international team; Sherko Hajrasouli has also joined the company as its territory manager for the Middle East.

5th January 2012/by Tyrepress Editors

Goodyear introduces Johnson as Emerging Markets VP

Henry Johnson has been appointed Goodyear Dunlop’s EMEA vice president, Emerging Markets, leading “the strategic growth and development of the company’s complete product range in South Africa, Turkey, Middle East, Russia and the Nordic countries.” Johnson was previously responsible for the Commercial Product business unit.

3rd January 2012/by Tyrepress Editors

Rzonzef new Commercial Sales VP for Goodyear Dunlop EMEA

Goodyear Dunlop has announced its appointment of Michel Rzonzef as the new vice president of its EMEA Commercial Sales and Marketing Product business unit, responsible for “driving a single aligned strategy and operating plan for commercial vehicle tyres”, according to the company’s announcement.

3rd January 2012/by Tyrepress Editors

Fulda unveils EcoControl HP

Fulda has announced the upcoming launch of its new high performance summer tyre, the EcoControl HP. The range will be introduced in time for the 2012 season and be available in 22 dimensions for 15 and 16-inch rim diameters. The tyre maker says the EcoControl HP is designed to take “meet both dry and wet conditions in its stride”; in September-October 2011 the new tyre was extensively tested against three competitor tyres by the independent testing and certification organisation TÜV SÜD Automotive, and was found to be a “well balanced performance tyre.”

13th December 2011/by Tyrepress Editors

Reifen China still a ‘popular ordering and information platform’

The fifth Reifen China exhibition which took place in the Shanghai New International Exhibition Center on 22 – 24 November 2011 reportedly “registered a plus in all the sections”, according to show organisers Messe Essen and the China United Rubber Corporation. Official figures released by the two companies show that 11,255 trade visitors (20 per cent more than in the previous year) from 77 countries were present to order and obtain information about everything to do with tyres, wheels and garage equipment at the trade fair. And this emphatically answers the question posed by Tyres & Accessories preview of the show – Will 10,000 attend Reifen China this year?

9th December 2011/by Tyrepress Editors

Continental announces car tyre price rise

Due to continued high raw material and energy costs, Continental is increasing the price of its summer passenger car tyres in Europe, the Middle East and Africa. The price rise takes effect on 1 January, 2012; from this date Continental brand tyres will cost between three and four per cent more while prices for the Uniroyal, Semperit and Barum brands will increase by three to six per cent.

6th December 2011/by Tyrepress Editors

ZAFCO's "Safe Tire, Safe Family” campaign

ZAFCO, the UAE-based distributor of automotive tyres, batteries and lubricants, has announced the launch of its “Safe Tire, Safe Family” campaign. According to the company, “Safe Tire, Safe Family” is a bid to help make roads safer for commuters in the UAE. In launching the effort, ZAFCO conducted complementary vehicle inspections, starting with Al Noor Training Centre on the 23 and 24 of October, with plans for the campaign to branch out to schools across the country.

16th November 2011/by Tyrepress Editors

UAE’s largest tyre recycling plant enters service

In November, the largest tyre recycling plant in the United Arab Emirates officially opened. The facility, in Al Ain, Abu Dhabi, was set up by Danish recycling machinery specialist Eldan Recycling and can process up to 8,000 kilograms of old tyres per hour and produces granulate between 0.5 and 4 millimetres.

16th November 2011/by Tyrepress Editors

Former Toyo Tire Europe VP to head up Toyo Tire U.S.A

On 1 January 2012, Tatsuo Mitsuhata will take over from Yashushi Takagi as president and CEO of Toyo Tire U.S.A. Corp.; Takagi, who has held this position at Toyo Tire U.S.A. since January 2009, will return to Japan as Toyo Tires’ general manager of corporate planning. This appointment is Mitsuhata’s second US-based position – he previously worked for Toyo Tire U.S.A., as the company’s coordination manager between 1994 and 1998.

9th November 2011/by Tyrepress Editors

Tyre demand to grow 12 per cent annually in Saudi Arabia

Demand for tyres and tubes is set to grow by 12 per cent annually in Saudi Arabia according to a new report published by Research and Markets called "Automotive Tire Industry in Saudi Arabia". The largest market for tyres in the Middle East, Saudi Arabia still imports most of its demand, with the annual value of tyres needed to feed the market adding up to almost US$800 million. This equates to 13 million units every year and volumes are expected to keep on rising as consumer demand increases over the next few years.

4th November 2011/by Tyrepress Editors