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Trelleborg and AGCO renew agreement

Trelleborg and AGCO Corporation have renewed their long-term agricultural tyre development cooperation agreement.

"Following the recognition of Trelleborg as the best EAME (Europe, Africa and Middle East) Supplier in September 2012, this new agreement with AGCO is an important confirmation of our solid business relationship. It provides a firm foundation for the accomplishment of our ambitious future mutual goals,” says Stefano Bettinelli, OE Director at Trelleborg’s Agricultural and Forestry Tyres division.

7th June 2013/12,345 Comments/by Tyrepress Editors

European introduction for Infinity’s proven OTR range

Infinity Tyres is now recognised around the world for its growing OTR tyre range. Following extensive trials in demanding conditions across Australia, Africa and Asia, Infinity’s speciality heavy-duty mining tyres are now first choice fitments across a range of fleets operating in the most extreme environments.

30th May 2013/12,345 Comments/by Tyrepress Editors

Re-focusing on Cooper: T&A interviews Jeff Schumaker

At the start of 2013, Jeff Schumaker took over as managing director of Cooper Tire Europe moving to the company’s Melksham headquarters in order to take up the role. But Schumaker’s appointment wasn’t a UK debut, but rather a return to the country and to familiar faces. Schumaker’s first stint in the UK took place roughly a decade ago in 2002/2003 when he was mentored by then MD Ron Shield and worked alongside his immediate predecessor in Melksham, Julian Baldwin, who was then marketing and motorsports director. Roughly four months after Schumaker took up the reigns at Cooper Tire Europe, Tyres & Accessories visited the company’s Melksham headquarters to see what direction the company is taking following the most recent change of leadership.

30th May 2013/12,345 Comments/by Tyrepress Editors

Weak tyre, automotive demand weighs on Lanxess in Q1

The earnings posted by chemical company Lanxess in the first quarter of 2013 were lower than the company expected, and it says the weak market environment in the tyre and automotive industries is particularly responsible for this.

10th May 2013/12,345 Comments/by Tyrepress Editors

Goodyear reports higher Q1 earnings, outlines 3-point Europe plan

Although Goodyear Tire & Rubber shipped fewer tyres and generated lower sales in the first three months of 2013 than a year earlier, the bottom line for the quarter was much healthier. The only regional disappointment was, predictably, Europe – and Goodyear says it will address weakness in the European markets by implementing “additional productivity improvements”. Specific details regarding these measures have yet to be announced.

26th April 2013/12,345 Comments/by Tyrepress Editors

Al Dobowi celebrates 20 years distributing Westlake brand

The Al Dobowi Group has been distributing Chinese manufacturer Hangzhou Zhongce’s Westlake tyre brand in certain key markets for 20. The Group’s chairman, Surender Kandhari marked the occasion by presenting Ge Gourong, CEO of Hangzhou Zhongce, with a commemorative gold dagger. The gift, a symbol of strength, is designed to reflect the 20 years of partnership and “years of future growth together”, Al Dobowi states.

11th April 2013/12,345 Comments/by Tyrepress Editors

Leszek Szafran new Goodyear Dunlop Europe retread director

Goodyear Dunlop Tires Europe has appointed Leszek Szafran as Director Retread Operations Europe Middle East and Africa (EMEA). He will take over the position from Hubert Moquet, who retires after more than 34 years’ service with the company.

4th March 2013/12,345 Comments/by Tyrepress Editors

Sumitomo net income up 24.9% in 2012

For the year ended 31 December 2012, Japan’s Sumitomo Rubber Industries Ltd. recorded net sales of 710.2 billion yen (£4.9 billion), a year-on-year increase of 4.9 per cent. Operating income, at 69.7 billion yen (£481.5 million), was up 29.3 per cent on the 2011 result, while ordinary income of 67.4 billion yen (£465.1 million) represented a 34.9 per cent rise. Net income for 2012 amounted to 35.5 billion yen (£237.9 million), a 24.9 per cent year-on-year increase.

15th February 2013/12,345 Comments/by Tyrepress Editors

Goodyear results point to EMEA ‘profit improvement plan’

Goodyear has reported that its fourth quarter 2012 sales amounted to $5 billion, down 11 per cent from 2011. According to the company, the drop reflects $338 million in lower tyre unit volumes, $221 million in lower sales in other tyre related businesses and $85 million in foreign exchange effects. It is worth pointing out that although tyre unit volumes totalled 40 million, this is generally down 7 per cent compared with 2011. And what’s more Goodyear reported that this primarily reflects lower volumes in Europe.

12th February 2013/12,345 Comments/by Tyrepress Editors

Bridgestone inaugurates Mid-East, Africa training centre

Bridgestone Corporation subsidiary Bridgestone Middle East & Africa FZE has opened a new multipurpose facility in Dubai. The centre, known as ‘Bridgestone Park’, is located in the Jebel Ali Free Zone and will be used for training company employees and distributors throughout the Middle East and Africa in the areas of sales and technical support for passenger, truck and bus tyres, along with training in the technical skills required in the manufacture of Bandag brand retreads. The 21,678 square metre facility also contains a passenger tyre retail shop that is intended to serve as a model for shops in the Middle East and Africa that handle passenger tyres and car maintenance, plus a truck and bus tyre service centre. At present 20 people are employed at Bridgestone Park.

22nd January 2013/by Tyrepress Editors

Is Goodyear headed for European restructuring?

Recent reports published by financial analysts suggest Goodyear could be forced to restructure its business in the Europe Middle East and Africa (EMEA) region.
Reporting on an investor’s presentation given in Detroit, Deutsche Bank market watchers relayed that Goodyear cautioned that financial targets established two years ago – specifically US$1.6 billion segment operating income by 2013 – would be “difficult to achieve if current European market trends persist”.

16th January 2013/by Tyrepress Editors

Apollo opens global R&D and branding centres

Apollo Tyres Ltd has opened a global R&D centre in Enschede, the Netherlands as well as a global branding centre in London, UK. Opened just days apart, the two moves follow earlier commitments to put European activities in the driving seat for passenger car tyre development and, in company chairman Onkar S Kanwar’s words, to fuse the company’s three cultures into one team. Hints towards increased OE activity and the potential of a more international investor base are also evident.

14th January 2013/by Tyrepress Editors

Talk in pounds, not PSI appreciated – Goodyear reports positive FOS feedback

Recently Goodyear launched its FleetOnlineSolutions Mobile Technical Evaluation (FOS Mte) for OTR tyre into the Europe, Middle East and Africa region business area. The internet-based tyre management programme allows fleet inspection reports to be filed online at the time of each visit, quickly giving the customer information on the performance of each tyre in the fleet. It also provides relevant information in actual cost terms for greater transparency.

17th December 2012/by Tyrepress Editors

Mäkinen takes on Nordic market responsibility at Mitas

Former Nokian Heavy Tyres marketing manager Perttu Mäkinen has been appointed by Mitas as its country manager for the Nordic region. Mäkinen will operate from the Mitas a.s. headquarters in Tampere, Finland, and his responsibilities will include sales and marketing for Mitas and Continental agricultural and other off-road tyres in Finland, Sweden and Norway.

5th December 2012/by Tyrepress Editors

Will Chinese manufacturers exploit US tariff end?

Tyrepress.com took the opportunity of Reifen China to discuss the effect on exports of the US tariff on Chinese manufactured tyres coming to an end on 26 September. While Tyrepress.com has often focussed on the introduction of EU tyre labels – which received mixed coverage amongst exhibitors in Shanghai – the effect of its introduction should be seen in the context of the US tariff’s end. The question isn’t just how Chinese manufacturers are dealing with tyre labelling restrictions, but whether they are altering export strategies based on demand created by the expiration of the three years of 35 per cent duty faced by importers of Chinese tyres in the US too.

26th November 2012/by Tyrepress Editors