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October – Warmer weather chokes winter tyre sales; OE truck market weakness continues

Company News, International News, Market Info, UK News

Mild weather is responsible for far fewer winter tyres being sold in the European market in October, reports Michelin. Statistics released by the tyre maker show a seven per cent year-on-year decline in replacement market passenger car and light truck tyres in Europe (including Russia and Turkey). This drop in sales follows year-on-year growth of one per cent in the third quarter of the 2014 and was not reflected in the original equipment market, which enjoyed a three per cent year-on-year increase in November. Between the start of the year and 31 October, the original equipment and replacement markets are respectively four per cent and two per cent higher year-on-year.

18th November 2014/by Tyrepress Editors

Maxxis to launch Energtra MEco3, present European growth strategy

Maxxis will launch its highly anticipated Energtra MEco3 at Messe Essen’s Reifen 2014. The new passenger car tyre comes with an enhanced contact patch for improved handling and wet performance. Maxxis has described its “steely determination to maximise every opportunity that presents itself” at Reifen 2014. The manufacturer’s senior management and research and development teams will be present in order to make the most of having access to so many new and existing customers in one place over the course of the four-day event.

2nd May 2014/1 Comment/by Andrew

Yorkshire Ambulance Service reports 20% tyre cost reduction with ATS Euromaster

The Yorkshire Ambulance Service NHS Trust’s (YAS) has reported that it has reduced its tyre spend by approximately 20 per cent eight months after ATS Euromaster was appointed to service the Trust’s fleet.

25th April 2014/by Andrew

Federal to celebrate 60th anniversary at Reifen 2014

Federal Tyres has announced its intention to showcase and celebrate its 60th anniversary at Reifen 2014. The Taiwanese manufacturer will display a full range of PCR product lines, which includes UHP, SUV, and winter tyres, as well as its extensive motorsport selection.

25th April 2014/by Andrew

Nankang to introduce new tyres at Reifen 2014

Taiwanese manufacturer Nankang (Hall 3, 3B27) has announced its plans to introduce three new tyres designed for European conditions from its stand at Reifen 2014. Targeting different functions and applications, the UHP AS-2, eco-tyre NA-1 and all-season N-607+ will “provide comprehensive capabilities without compromising in comfort,” according to the manufacturer. In addition to the new products, Nankang will shine a spotlight on the ECO-2+, “the first tyre produced in Taiwan to be awarded a TÜV performance mark” the company states, at the exhibition.

24th April 2014/by Andrew

Conti planning further PCR capacity in India

International News

At the start of this month, Continental introduced truck and bus radials into the Indian market. The company is working towards an annual capacity of 220,000 TBR tyres in addition to the 1.1 million cross-ply tyres it produces each year in India. The company also has plans to further increase its passenger car radial capacity there.

3rd April 2014/by Tyrepress Editors

European PCR market stagnant in May

In its latest market figures, published 13 June, Michelin reports that Europe’s original equipment and replacement passenger car tyre markets were stable in May, with demand approximately the same as in May 2012. Year to date, original equipment and replacement market demand is down four and five per cent year-on-year respectively.

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

Italian ministry chairs Bridgestone Bari Meeting

Italy’s Ministry of Economic Development reports that a technical working group met on 16 April to discuss issues linked to Bridgestone’s Bari factory. The meeting, chaired by Ministry of Economic Development undersecretary Claudio De Vincenti and attended by deputy minister for Employment and Social Policies Michel Martone, senior Italian and European Bridgestone management, union, regional and local representatives, covered topics that included the energy costs related to x-ray facilities at the passenger car tyre factory and how to increase efficiency. The group will meet again on 2 May to give guidance on cost containment measures and the Bari site’s market positioning.

17th April 2013/12,345 Comments/by Tyrepress Editors

Bridgestone discussing options for Bari plant

It may not be ‘basta’ for Bridgestone in Bari, after all. An Italian-language text published by Italy’s Ministry of Economic Development suggests that Bridgestone’s decision to close its Bari plant in Italy has not been finalised, and the tyre maker may be prepared to entertain alternative solutions. The Ministry’s statement follows a meeting between senior Bridgestone executives and representatives from Italy’s government, including Economic Development minister Corrado Passera, plus a second meeting that also involved trade unions and local officials. Further discussions will be held in the near future.

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

Luccini Tyre Brand Introduced with 2 PCR Products

A new brand of passenger car tyres is set to be introduced to the market with an initial offering of two products in 35 sizes. Luccini Tyres are to be produced by a Far-Eastern manufacturer using European technology with 50 years experience in tyre production and design. Having spent the last year researching and developing, the team behind the brand is ready to launch the Buono Sport – a non-directional tread design for wet performance and noise reduction – and the Buono Drive – an asymmetric pattern designed for draining efficiency, ride comfort and durability.

16th August 2010/by Tyrepress Editors

Bridgestone Expecting Deflated PCR Sales in North America

Declining sales of new cars in North America is expected to be reflected in lower passenger car tyre sales, says Bridgestone. The tyre major expects North America sales in this segment to fall 5 per cent this year. Company CFO Koki Takahashi added that the company expects OE tyre sales in North America to fall 14 per cent in 2008 and those in Europe to fall 3 per cent.

12th August 2008/by Tyrepress Editors

Ireland’s Tyre Industry Marks Passing of Tom Tierney

It is with deep regret that Irish based tyre distributor Again & Again has announced the death of Founder Director Tom Tierney. Tom, 72, formed Again & Again over 25 years ago with his son John, and from very modest premises in Cavan led the business through a steady growth pattern to its present position as one of Ireland’s leading independent tyre distributors. Today Again & Again offers a professional service in both multi- A brands and other quality PCR tyres, along with Aris tubes, to the Irish market.

11th August 2008/by Tyrepress Editors

Conti Announces PCR & LCV Tyre Price Increases

Continental has announced Europe-wide price increases of between 3.5 and 5 per cent for its passenger car and van tyre product lines. The increases affect both summer and winter tyre ranges and will take affect as of June 1. The reason behind the planned price increases is a familiar one, with the need to counter rising raw materials, such as steel, oil and rubber cited by Continental.

11th March 2008/by Tyrepress Editors

Conti Announces PCR & LCV Tyre Price Increases

Continental has announced Europe-wide price increases of between 3.5 and 5 per cent for its passenger car and van tyre product lines. The increases affect both summer and winter tyre ranges and will take affect as of June 1. The reason behind the planned price increases is a familiar ones, with the need to counter rising raw materials, such as steel, oil and rubber cited by Continental.

10th March 2008/by Tyrepress Editors

Indian Tyre Exports up 40%

Indian tyre exports swelled to 518,603 units in October, up 40 per cent year-on-year. According to the latest ATMA statistics, year-to-date exports are 22 per cent ahead of where they were this time last year. The truck and bus (TBR), passenger car (PCR) and off-the-road (OTR) segments faired particularly well rising to 203,103 units (up 18%); 90,194 (up 185%); and 4308 units (up 97%) respectively.

18th December 2007/by Tyrepress Editors