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The (Land’s) End is Near for RunOnFlat Rally

After 1674 miles and 10 days, and a detour to the Blue Peter studios, extreme charity fundraiser Lloyd Scott is set to become the first person to successfully drive from John O’Groats to Land’s End in a car running on flat tyres. The marathon drive for Goodyear’s RunOnFlat Rally included special sections on notorious roads, attempted on four completely deflated tyres.

Pulling into Aire Point, near Land’s End today, extreme charity fundraiser Lloyd, has drawn gasps and laughter from on-lookers with his special driving suit, a mixture of Mr Toad from Wind in the Willows fame and the notorious Dick Dastardly character from iconic cartoon Wacky Racers.

18th May 2006/by Tyrepress Editors

Goodyear Has Record First Quarter

Goodyear Tire & Rubber Co. reported a net income of $74 million for the first quarter of the year against record first quarter sales of $4.9 billion. Sales for the quarter were up 2 per cent compared to the same period last year, while the net income results were up 9 per cent versus the first quarter of 2005.

Sales declined 5 per cent in the European Union Tire business compared to the first quarter of 2005, which was the strongest first quarter in the unit’s history. Price and product mix improvements were not enough to offset unfavourable currency translation of approximately $98 million and lower volume in the consumer replacement market.

5th May 2006/by Tyrepress Editors

Cooper Announces 137th Quarterly Dividend

(Akron/Tire Review) Cooper Tire & Rubber Co. announced a quarterly dividend of 10.5 cents per share on common stock, payable on 30 June to stockholders of record at the close of business on 2 June. This is Cooper’s 137th consecutive quarterly dividend.

3rd May 2006/by Tyrepress Editors

Canadian Tire Shakes Up Top Management

(Akron/Tire Review) Tom Gauld has been named president and CEO and a director of Canadian Tire Corp. He succeeds Wayne Sales, who stepped down from the board and his position as president and CEO. Sales will stay on as vice chairman in an advisory capacity to Gauld. Gauld, the past president of Canadian Tire Financial Services, had retired from the company last year.

2nd May 2006/by Tyrepress Editors

Record Recovery Levels for Responsible Recycler Scheme

Statistics newly released by the Tyre Recovery Association show that for the first time members of the Association (all of whom are affiliated to the TIC Responsible Recycler Scheme) collectively recovered over 320,000 tonnes of waste tyres in 2005. This represented more than a 12 per cent increase over the 2004 figure (285,000 tonnes) and is the first time the Scheme has passed the 300,000 tonnes barrier. Indications suggest this figure will rise even further in 2006. The UK industry is estimated to generate 475,000 tonnes of used tyre arisings annually.

28th April 2006/by Tyrepress Editors

New Record: 450 Exhibitors at REIFEN 2006

With 450 exhibitors participating and a floor space of roughly 43,000 m² distributed throughout seven exhibition halls, the REIFEN International Tyre Trade Fair, held every other year, is this year larger than ever before in its 46-year history. For Messe Essen GmbH this record participation is an indicator that exhibitors coming to Essen May 23 to 26, 2006 are expecting good business. “The record number and internationality of the exhibitors participating in the fair serve to confirm that the trade fair location Essen is the first choice for tire professionals from all over the world,” emphasise Dr. Joachim Henneke, Chairman of Management of the Messe Essen, and Peter Hülzer, Chief Executive Manager of Germany’s Tyre Trade Association BRV (Bundesverband Reifenhandel und -handwerk e.V.).

26th April 2006/by Tyrepress Editors

Federal Reports Record Shipments

Federal Corporation shipped 1.7 million tyres in the first quarter of 2006 – the largest quarterly total in the company’s 52-year history. The figure reflects increased production at Federal’s Taiwanese and Chinese bases. In March alone the company delivered 670,000 tyres.

19th April 2006/by Tyrepress Editors

Best-ever Month for UK Mini Sales

BMW achieved strong vehicle sales in the UK during the month of March. With 21,605 vehicles registered during the month, BMW has recorded an increase of 24 per cent on this time last year and an overall rise in volume of 16 per cent year to date. One of the key influencing factors in BMW’s success has been the introduction of the new 3 Series Saloon and Touring models. Overall 3 Series has shown an increase of 63 per cent when compared to this time last year. Other strong performers in the BMW range are the 7 Series, 5 Series and 1 Series models, all of which have shown a sharp increase in registrations when compared year on year.

7th April 2006/by Tyrepress Editors

New Sales Record for Mazda UK

Mazda UK achieved record sales in March of 10,100 vehicles. The sales success comes on the back of the new Mazda MX-5, the new Mazda5, Mazda6 and continued enthusiasm for the Mazda RX-8. The March sales figures also give Mazda a new record for the first quarter of 2006 with total sales of 15,994 vehicles for the period. This contrasts with Mazda sales in 2001 when the Japanese marque sold just 15,800 for the full year.

4th April 2006/by Tyrepress Editors

Titan International Announces 1Q Dividend

Titan International’s board of directors has approved a quarterly cash dividend of $.005 (one half cent) per common share for the first quarter of 2006. The cash dividend is payable 17 April 2006, to stockholders of record on 31 March 2006.

16th March 2006/by Tyrepress Editors

Drive to Succeed

The National Tyres ‘Branch Manager of the Year 2005’ award has been won by Michael Gough of the Farnborough branch – along with a brand new Mini Cooper. Michael (53) came in top place for branch manager of the year, achieving record sales and receiving excellent feedback for customer service in the branch. Tony Neill, managing director presented Michael with his award.

16th March 2006/by Tyrepress Editors

Babcox Announces Partnership with Alta Communications

(Akron/Tire Review) Babcox Publications announces it has sold a majority position of the company to Alta Communications, a Boston-based private equity firm. Bill Babcox, current president of the company, retains a substantial ownership position and remains president and CEO, in addition to serving as chairman of the board.

3rd March 2006/by Tyrepress Editors

Yokohama HPT Instrumental In Donut World Records

Yokohama HPT was instrumental in stunt driver Terry Grant’s success in claiming two new World Records at last month’s Autosport International show. Grant chose Yokohama tyres and TSW alloy wheels for the cars he used to shatter the existing records for performing donuts.

As Grant was the previous record holder, he was aiming to smash own achievement for the number of cars performing donuts simultaneously by a single driver. The technique involved setting one car donutting, locking the throttle and steering, leaving the spinning car, getting into another car and repeating the process. Terry’s previous record was for three cars but he went one better to set the record with four cars concurrently donutting, to rapturous applause from the audience in the show’s Live Action Arena.

13th February 2006/by Tyrepress Editors

New Tomahawk T3 Tyre

Tomahawk, the UK manufacturer of retread radial motorcycle tyres, has launched a new pattern tyre for the 2006 season. The company’s new T3 tyre is said to be sport biased “with a large contact patch that puts more rubber on the road.” The tyre offers Z-rated performance in a choice of three compounds; Road, for every day use and good rates of wear; Sport, for spirited riding on road or track; and Sprint, for track day use.

8th February 2006/by Tyrepress Editors

B3081 Named Bendiest Road in Britain

Continental tyres has named the B3081 as the bendiest road in Britain. Continental commissioned research to find out which of Britain’s 6,300 classified roads sets the toughest task for car tyres. At a steady 30 mph, a one-mile stretch of the B3081 between Cann Common in Dorset and Tollard Royal in Wiltshire exerted lateral forces of a magnitude a car would experience on a racetrack like Brands Hatch.

Researchers tested a shortlist of 10 roads, as nominated by Auto Express readers, from across the UK. A standard Vauxhall Astra 1.4 with Continental ContiSportContact2 tyres was fitted with state of the art measuring equipment and an on-board computer to record forward speed and lateral acceleration.

7th February 2006/by Tyrepress Editors