Pirelli Archives - Page 136 of 211 - Tyrepress

Known for its style, speed and performance marketing values, Pirelli & C. S.p.A. is a multinational company based in Milan, Italy, listed on the Milan Stock Exchange since 1922, with a temporary privatization period by the consortium led by the Chinese state-owned enterprise ChemChina.

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ContiSportContact 3 Tops Auto Express Tyre Test

The ContiSportContact 3 has won this year’s Auto Express test, the second time in a row a Continental brand tyre has won what is arguably Britain’s most popular annual tyre ranking. That said Michelin’s Pilot Sport 3 was just 0.6 per cent off the pace in the overall results with a benchmark of 99.4, closely followed by Goodyear and Dunlop with 99.2 and 99.1 in third and fourth place respectively for the company’s Eagle F1 Asymmetric and SP Sport Maxx TT tyres. Fifth place was taken by Hankook’s Ventus S1 evo with 98.2, a hair’s breadth ahead of Pirelli’s P Zero.

9th September 2010/by Tyrepress Editors

Truck Sales in China to hit 1 million

Sales of heavy-duty commercial vehicles in China surged to 316,725 units in the second quarter of 2010, an 83 per cent jump year-over-year according to a report published by ACT Research Co. and China's State Information Center. According to leading Chinese truck and bus radial (TBR) tyre manufacturer Giti Tire, demand for TBR tyres in the People’s Republic equates to 30 million units/year – more than three times the 9 million tyres consumed in Europe annually.

8th September 2010/by Tyrepress Editors

Bridgestone Finalises Final Four F1 GP Compound Allocations

With the Formula One Drivers and Constructors Championships still very much in the balance and competition at a premium, a margin such as the tyre compounds available could be a factor in deciding the eventual winner. Bridgestone has announced its last four allocations before it hands sole tyre supply over to Pirelli in 2011, from the Japanese Grand Prix on 10 October to the season-closer at Abu Dhabi on 14 November. A gap of one step between compounds features for each of the Grands Prix. The first-ever Korean Grand Prix will feature the hard and soft compound Bridgestone Potenza tyres.

7th September 2010/by Tyrepress Editors

OE Truck Tyre Sales a July European Highpoint

European sales of passenger car and light truck tyres during July were well below the market growth previously seen in the year to date. According to data released by Michelin and Pirelli, the original equipment market experienced either slight year-on-year growth or a small decline – Michelin reports a 1.1 per cent year-on-year growth for this sector in July, while Pirelli reports a two per cent market shrinkage during the month. These modest results contrast with year to date original equipment market growth of at least 20 per cent; Michelin reports this growth to be slightly higher, at 21.4 per cent. Year-on-year growth in the replacement passenger car and light commercial vehicle tyre market stood at around five per cent during July (5.1 per cent according to Michelin’s figures), again lower than Michelin and Pirelli’s respective year to date growth figures of 9.1 per cent and 10 per cent respectively.

7th September 2010/by Tyrepress Editors

Pirelli ‘Slightly Ahead’ With F1 Tyre Testing

Testing of Pirelli’s Formula One tyres continues, and the Italian tyre maker says test driver Nick Heidfeld was busy at the Le Castellet circuit in the south of France during the first week of September. The Toyota TF109 test car fitted with F1 PZero tyres was on the track for two days in order to further evaluate tyre construction and compounds.

6th September 2010/by Tyrepress Editors

Pirelli Out of WRC; Way Seems Clear for Michelin

Swiftly following the last-minute bid by Michelin to become a tyre supplier in the 2011 World Rally Championship, the current provider Pirelli has officially ruled itself out of the series next year. Paul Hembury, Pirelli’s motorsport director, told Autosport magazine that the sports’ lack of rule stability was a factor, citing “three significant rule changes in the last nine months”, as was the FIA’s rejection of Pirelli’s three-year tender offer in December 2009.

2nd September 2010/by Tyrepress Editors

Pirelli Now ‘Boss’ With Mustang OE Fitment

Pirelli Tire North America has expanded its OE business with Ford with the new fitment on the upcoming 2012 Mustang Boss 302 and Boss 302 Laguna Seca models, says Tire Review. The cars will be shod with P Zero and P Zero Corsa tyres, respectively.

1st September 2010/by Tyrepress Editors

Is Michelin to Return to WRC?

Having ruled itself out of Formula One tyre supply in the wake of Pirelli’s dramatic entrance earlier in the year Michelin looks like it may be on the verge of entering another major FIA motorsport series. Autosport reports today that the French giant’s competitions director Nick Shorrock contacted motorsport’s governing body to make known its desire to take on the supply of rally tyres for the first time since the 2007 season, when it was involved under the BF Goodrich brand. At the start of the 2011 season it will be six years since the Michelin name was associated with the World Rally Championship.

1st September 2010/by Tyrepress Editors

Conti: HTL 2 Eco-Plus Offers ‘Top Economy’

The introduction of the new HTL 2 Eco-Plus long-distance trailer tyre sees Continental complete its new tyre product range for international long-distance transport that the firm has been successively launching since 2009. By using a casing and tread pattern that is configured for long-distance transport, this trailer tyre is designed to combine further optimized furl consumption figures with “considerably extended life.” According to the company, Continental’s latest truck offering also complements the HSL 2 steer axle and HDL 2 drive axle tyres that have already been successfully launched. The latest development sees the company add the XL extra load carrying designation to its product line, enabling it to carry heavier axle weights.

1st September 2010/by Tyrepress Editors

Hamilton Wins as Tyre Choices Take Priority in Variable Weather

The impact of the correct tyre choices at the Belgian Grand Prix was underlined by the discrepant fortunes of old team-mates/enemies Lewis Hamilton and Fernando Alonso, with the former winning the race and the latter falling victim to poorly timed dry and wet weather tyre fitments. Hamilton used a soft – hard – intermediate tyre strategy throughout an afternoon in which team bosses’ eyes remained on the rain radar. Alonso gambled in qualifying, using up too many fresh soft compound Bridgestone Potenzas. Red Bull’s Mark Webber, an increasingly likely title-challenger, finished second after surviving a terrible start from pole, while Renault’s Robert Kubica finished third, once again underlining his class in a car many believe to be inferior to those of his closest championship rivals, Felipe Massa and Nico Rosberg.

31st August 2010/by Tyrepress Editors

Analysts Recommend Michelin Shares Over Goodyear

Analysts from investment bank Morgan Stanley have recommend investors buy shares in “Michelin against Goodyear” following its Alphawise surveys in Europe and the US. Based on current market performance and taking catalysts into the equation, the analysts estimate that “Michelin are 20 per cent above consensus, while for Goodyear we are 15 per cent below the street.” As a result Cooper Tire shares are described as the firm’s preferred stock in North America, while in Europe, the bankers recommended Michelin and Pirelli over Continental and Nokian.

31st August 2010/by Tyrepress Editors

Hauling Out of the Recessionary Market

Company News, International News, News, Product News, UK News

As in almost all industries, the calamity of the credit crunch has had a huge impact on the truck tyre market, reducing demand for products, and forcing manufacturers and traders to regroup. As a result of the economic crisis commercial vehicle businesses were forced to become savvier, demanding more from their tyres. Others simply went under. So with the remaining customers demanding improved performance, mileage and fuel consumption from their tyres while simultaneously being under economic pressure themselves, what affect has this scenario had on the size and development of the market? And what does this mean for truck tyre pricing both in the UK and across Europe?

26th August 2010/by Tyrepress Editors

Pirelli Reports ‘Surge’ in Post-Recession Truck Tyre Demand

International News, News, UK News

With the economic recovery now seemingly underway and truck tyre sales in the UK growing again, demand for Pirelli truck products has reportedly outstripped this increase three-fold. According to the company, Pirelli’s success can be attributed to its focus on the premium market, the launch of two “extremely successful products” during the year and a number of new commercial fleet contracts. But how have these three elements linked together to put Pirelli’s sales so ahead of the market trend?

26th August 2010/by Tyrepress Editors

Loeb Notches Up Yet Another Rally Deutschland WRC Win

Count ‘em up while you still can – another couple of seasons and we’ll run out of fingers. Sebastien Loeb has achieved his eighth victory in Rally Deutschland, the German round of the Word Rally Championship. Driving a Citroën C4 on Pirelli’s PZero tyre, the six-time world champion was fastest on nine of the event’s 19 special stages, which covered a total distance of 407.31 competitive kilometres through the Mosel and Saarland regions of Germany, making it the longest WRC round so far this season. Loeb’s win, alongside co-driver Daniel Elena, was his 59th in the world championship.

23rd August 2010/by Tyrepress Editors

Luney Set for Victory in Pirelli European Drift Championship

You’re only showing your age if images of vagrants or dossers spring to mind upon hearing the word ‘drifter’. These days, as any fule kno, a drifter is far more likely to be a tyre maker and dealer’s favourite customer. Drifting has long since left its home in Japan and set out to conquer the globe, and the top drifters in our part of the world compete in the Pirelli European Drift Championship. And with just one round to go, this year’s championship title is Mark Luney’s to lose. He needs just three points at Snetterton to assure him of overall victory.

20th August 2010/by Tyrepress Editors