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Bridgestone appoints new North American head of commercial marketing

Bridgestone Americas subsidiary Bridgestone Americas Tire Operations reports that its commercial tyre division has a new vice-president of marketing. As of 1 March this position has been occupied by Matthew Stevenson, who joins the company from Meritor, Inc., where he served as general manager of North American Field Operations and Marketing. Prior to beginning his role with Meritor in 2010, Stevenson spent ten years at Daimler Trucks North America, where he held several positions of increasing responsibility in both sales and marketing.

25th March 2013/12,345 Comments/by Tyrepress Editors

Furthering the Blue Dimension range a Trelleborg priority

In its latest annual report, Trelleborg Group CEO and president Peter Nilsson describes 2012 as being “a good year” for the company. “In a turbulent economic climate, we improved our geographic balance and portfolio of operations, and strengthened our market positions,” he says. “Net sales and earnings rose slightly despite an increasingly challenging market environment. The group has a strong financial base.”

25th March 2013/12,345 Comments/by Tyrepress Editors

Hybrid technology takes Michelin Green X Challenge chequered flag

Audi Sport made Michelin Green X Challenge history at this year’s Twelve Hours of Sebring race in the US, becoming the first hybrid powered vehicle to claim victory in the country’s premier environmental motorsports competition. The Audi R18 e-tron Quattro driven by Marcel Fassler, Benoit Treluyer and Oliver Jarvis – a prototype that previously won both last year’s 24 Hours of Le Mans and FIA World Endurance Championship – added a third feather to its cap on 16 March.

22nd March 2013/12,345 Comments/by Tyrepress Editors

Subaru supplier awards for 3 US tyre makers

Subaru of Indiana Automotive, the US-based plant that produces some 250,000 Subaru and Toyota vehicles each year, has named three tyre makers as recipients of its annual Quality & Delivery awards. At an awards ceremony on 13 March, the company presented awards to 33 parts suppliers, including Goodyear Tire & Rubber, Bridgestone Americas Tire Operations and Continental Tire the Americas.

21st March 2013/12,345 Comments/by Tyrepress Editors

Michelin Pilot Super Sport ZP OE on Corvette Stingray

Michelin has announced that it will fit its specially developed Pilot Super Sport ZP as original equipment on the full 2014 range of Chevrolet Corvette Stingray models. Michelin reveals that the deal has come about as a result of its relationship with Chevrolet at the American Le Mans Series. The French tyre giant previously gained fitments for the 2009 Corvette ZR1 and 2011 Corvette Z06.

19th March 2013/12,345 Comments/by Tyrepress Editors

SmartWay approval for Ringtread pair

Two Marangoni Ringtread Energeco products, the drive tyre RDA-E and trailer tyre RTA-E, have been approved by the SmartWay programme in the US. Tire Review reports that this month’s verification of the RDA-E, with a tread depth of 19.84mm (25/32-inch), follows the November 2012 approval of the RTA-E, with a tread depth of 9.53mm (12/32-inch).

14th March 2013/12,345 Comments/by Tyrepress Editors

Pirelli introduces new North America dealer programme

Pirelli Tire North America has launched a new associate dealer programme. It is known as FasTrack, and Tire Review reports that dealers and their sales teams can earn rewards on all eligible Pirelli tyres sold at retail. Those enrolled also will be provided access to Pirelli’s exclusive online training network.

13th March 2013/12,345 Comments/by Tyrepress Editors

2012 performance best ever, says Conti CEO

At Continental’s annual press conference on 7 March, CEO Dr. Elmar Degenhart described the company’s 2012 performance as “the best results in Continental’s 124 year history.” He reiterated that last year’s annual profit of almost 1.9 billion euros equals 9.24 euros a share, compared with 6.21 euros in 2011. Therefore, Dr. Degenhart shared, Continental’s management intends to propose to the company’s Annual Shareholders’ Meeting on 15 May that a dividend of 2.25 euros per share be paid out for fiscal 2012. “As in the previous year, out intention here is for our shareholders to participate directly in the company’s success,” he added. “In addition to the dividend, our shareholders also benefit from the extremely positive share price performance – with an increase of 82 per cent in fiscal 2012 alone. As such, our shares displayed the highest price increase of any of the DAX companies. It is fair to say that an investment in Continental shares paid off handsomely in 2012.”

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

Marangoni buoyed by retreading, machinery businesses

During a management meeting in late February, Marangoni CEO Massimo De Alessandri discussed the company’s recent performance. In terms of the economy, he described last year as a “very tough year in Europe and above all in Italy.” Despite these conditions, he reported a rise in profitability for the Marangoni group thanks to the performance of its core retreading and tyre industry machinery businesses.

5th March 2013/12,345 Comments/by Tyrepress Editors

Global truck sales to grow ‘moderately’ in 2013

Despite a dip in the overall market last year, some analysts are predicting that global heavy and medium truck sales will increase “moderately” in 2013 owing to rising demand from so-called Next-11 countries and other emerging markets.

The report by Frost & Sullivan forecasts that the combined GDP of key commercial vehicle markets will grow at 3 to 3.5 per cent in 2013. This is expected to stoke medium-heavy truck sales growth at the rate of 4.3 per cent in 2013. Furthermore, the slowdown in Europe and moderate expansion in truck demand in North America will be largely offset by robust growth in Next-11 and other Rest of World (RoW) markets, resulting in global medium-heavy truck sales reaching 2.8 million this year.

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

Mitas showcasing Super Flexion Tyre

Mitas has debuted its Super Flexion Tyre (SFT) at SIMA, the international agricultural exhibition, in Paris. Mitas SFT tyres are made for high-horsepower tractors (>180 hp). Mitas has been selling American-made SFT tyres in North America since summer 2012. The SFT tyre on display at SIMA has been manufactured in Europe.

25th February 2013/12,345 Comments/by Tyrepress Editors

Toyo sales & profits up, further growth expected in 2013

Toyo Tire & Rubber Co. Ltd. has published its consolidated business results for the 2012 financial year – a shortened, nine-month period owing to the Japanese firm’s changeover to a January to December fiscal year in 2012.

14th February 2013/12,345 Comments/by Tyrepress Editors

Yokohama outlines Philippines, Russia projects

Production capacity for Yokohama Rubber’s passenger car tyres will increase in Asia and Russia through the implementation of two separate projects.

14th February 2013/12,345 Comments/by Tyrepress Editors

Stable 2012 sales for Trelleborg Wheel Systems

Full year results for Swedish firm Trelleborg AB show its Trelleborg Wheel Systems business unit generated net sales of SEK 3,865 million (£386.8 million) in 2012, a very slight increase on a year earlier. In the final quarter of 2012 sales came to SEK 833 million (£83.4 million), 13 per cent less than a year earlier. Reporting this fourth quarter result, the company says Q4 sales were lower year-on-year in all market segments, however they were in line with general market trends. Operating profit amounted to SEK 449 million (£44.9 million) last year, a 12 per cent increase the Swedish company attributes to enhanced efficiency and favourable capacity utilisation. Final quarter operating profit dropped 27.3 per cent per cent to SEK 72 million (£7.2 million), primarily due to lower sales.

13th February 2013/12,345 Comments/by Tyrepress Editors

Titan’s shopping tour heads to India

In prior years the US-based off-road tyre specialist Titan International has expanded not just through organic growth, but also through strategic acquisitions. And according to company chairman and CEO Maurice Taylor, the shopping tour is not over yet. The next goal is the 50-year old Indian steel wheel manufacturer “Wheels India Ltd.”, a TVS Group company.

13th February 2013/12,345 Comments/by Tyrepress Editors