Nexen tyres OE on 2020 Golf
Alexander Migl; Wikimedia CCAS 4.0At the end of July Nexen Tire confirmed that it is supplying N’blue S and Winguard Sport 2 tyres as original equipment (OE) fitment to the latest Volkswagen Golf.
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Connected, autonomous tech driving global LCV market toward recovery
Tordiantor; PixabayGlobal sales of Global Light Commercial Vehicles (LCV) are projected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. According to research by Frost & Sullivan, the global economic impact of COVID-19 caused the market to decline by 19 per cent in global LCV sales from 11.72 million units in 2019. The European market is said to be worst hit, with countries such as Italy and Spain facing an average decline in LCV sales of 35 per cent to 50 per cent in 2020.
Alliance Tire wins AGCO North American supplier award
AGCOAGCO has named Alliance Tire Group, Ltd North American Direct Materials Supplier of the Year during its 2020 online North America Supplier Event. Alliance was recognized by AGCO for “performance in cost, collaboration, innovation, account management, coordination and flexibility”. AGCO officials noted that Alliance – the only tyre supplier recognized during the event – exhibited strong coordination and alignment with AGCO and improved factory efficiency.
UK drivers increasingly buying cars online
CarwowUK motorists are some of the fastest adopters of online car buying, something that is rapidly becoming the new normal in Britain, Germany and Spain, according to research conducted by online car retailer carwow. A survey of over 1000 consumers who bought a car through carwow since dealerships were allowed to reopen found 54 per cent of recent the company’s customers in the UK said they would continue to do the bulk of their car buying online from now on. In Spain it was 45 per cent and it was 38 per cent in Germany.
Tatneft invests in Kazakhstan tyre factory joint venture
TatneftPJSC Tatneft and JSC Allur Group of Companies are establishing a joint tyre manufacturing facility in Kazakhstan. The factory will produce passenger car, light truck and truck tyres. The planned production capacity is 3 million passenger and light truck tyres as well as 0.5 million truck tyres per year. Production is expected to start in 2022. The project will create about 800 jobs, according to Tatneft.
Cooper Tire Europe partners Brute Jeeps
Cooper; BruteCooper Tire Europe is supplying tyres to 4×4 tuner Brute Jeeps. Cooper will provide Brute, which focuses on creating exclusive customised editions of the Jeep Wrangler, with “professional off-road tyres”.
Künz Freerider fitted with Continental CraneMaster tyres
KünzKünz, an original equipment manufacturer of machinery including the rubber tyred gantry cranes (RTG) used in ports, is fitting Continental’s CraneMaster tyres to its new Freerider RTG.
Cooper Discoverer SRXLE tyres OE on new Mercedes GLS
CooperMercedes-Benz AG has selected the Cooper Discoverer SRXLE all-season tyre as original equipment (OE) on the new Mercedes GLS. Discoverer SRXLE fitments include the 275/50 R20 and 275/55 R19.
Land Rover Defender returns with Goodyear tyres
Goodyear, Land RoverGoodyear has been supplying original equipment tyres (OE) for various Land Rover models for year. Now, Goodyear is equipping the New Land Rover Defender in 2020.
Global light vehicle market continues recovery
The global light vehicle market continued its post-corona recovery in June, market analysts report. Global light vehicle sales fell by 19.1 per cent in June, year-on-year, to 6.2 million for a seasonally adjusted annualised running rate (SAAR) of 73.1 million in the month, according to GlobalData.
Calum MacRae, Automotive Analyst at GlobalData, comments: “While these results are some way behind industry norms, they do demonstrate that the global market has recovered from its April low when a SAAR of 48.2 million was registered.”
Trelleborg group sales relatively good, but tyre sales impacted
TrelleborgTrelleborg Group has reported “satisfactory” second quarter 2020 financial results “under the circumstances”, the company stated in its second quarter results. Specifically, Trelleborg Group organic sales declined 19 per cent, albeit with an improvement in the latter part of the quarter. As a result, net sales for the second quarter declined 18 per cent to 7,689 million Swedish krone. Pre-tax profits (EBIT) declined 29 per cent, corresponding to an operating margin of 12.3 per cent. At the same time, operating cash flow was strengthened “significantly”, according to the company.
MPs demand £3 billion UK bus investment
WrightbusA cross-party group of MPs with bus manufacturing sites within their constituencies have written to the Prime Minister to demand the £3 billion he committed in February to fund investment in “at least 4,000 new zero emissions buses” is brought forward as soon as possible.
Fiat/Peugeot group to be called Stellantis
StellantisOnce the 50:50 merger Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA) is completed, the new group will be called Stellantis.
According to the companies, Stellantis is rooted in the Latin verb “stello” meaning “to brighten with stars”.
Yokohama earns third straight Subaru Supplier Award
In the US, for the third year-in-a-row, Yokohama Tire Corporation has been recognized by Subaru of Indiana Automotive (SIA) with a supplier’s award. The third consecutive award earned the tyremaker a spot in in the prestigious Superior Excellent Performance category. Yokohama earned the award for its supply of the Avid S34P (P225/40R18 88V) tyres on the Impreza and Avid GT S35 on the Legacy (P225/55R17 97V and 225/50R18 95V), and on the Outback (225/65R17 102H and 225/60R18 100H).
Nexen names Edwin van der Stad vice president OE Europe
NexenDutchman Edwin van der Stad has been appointed as vice president OE Europe at Nexen Tire. Van der Stad brings 30 years of experience and premium level OE management with him to the Korean tyre manufacturer. Prior to joining Nexen, van der Stad spent many years with Bridgestone. Van der Stad’s new role took effect in March.
