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DTI, Consortium to Fund Tyre Scrap Research funding matched by industry.

Plastics and rubber consultancy Rapra Technology is heading up a UK consortium of six companies who will conduct research into the devulcanisation of scrap tyre rubber. The two-year project is being funded by the Department of Trade and Industry as part of its Design and Manufacture of Sustainable Products programme, with more than £420,000 of direct financial assistance to be provided. The project partners will contribute another £420,000 between them.

2nd February 2007/by Tyrepress Editors

Audi R8 to Wear New P Zero

Pirelli’s new P Zero has been selected as the OE tyre for the soon to be released Audi R8. The new mid-engine Audi flagship is the company’s first serious competitor for the likes for the Porsche 911, and therefore Pirelli are understandably pleased to be chosen as the company that, so to speak, will make the rubber hit the road.

26th January 2007/by Tyrepress Editors

Conti Signs Deal with India’s Metro Tyres

Indian tyremaker Metro Tyres is planning the production of tubeless motorcycle tyres as part of a technical collaborative deal with Continental AG. The tyres will initially be manufactured principally for overseas markets, although domestic sales will follow at a later date.

24th January 2007/by Tyrepress Editors

Tyre Aftermarket in India Growing: Frost & Sullivan Report

(Akron/Tire Review) A new report from Frost & Sullivan, entitled “Indian Tire Aftermarket,” shows that the Indian tyre aftermarket earned revenues of $1,461.7 million in 2005 and estimates revenues to reach $3,414.6 million in 2012.

23rd January 2007/by Tyrepress Editors

Goodyear Gets to Grips With Advanced Driving

Innovative tyre developer Goodyear has joined forces with the Institute of Advanced Motorists (IAM) to offer drivers a course that transport research laboratory research suggests can reduce the risk of accidents by 70 per cent. The Goodyear Advanced Driving Course offers motorists of all ages, the opportunity to develop their driving skills, with the most advanced tyre technology on the road and the best trainers in the country.

17th January 2007/by Tyrepress Editors

Keep Your Distance with ACDIS

Accidents in heavily congested traffic are a part of many motorists’ driving history and are often impossible to avoid. In start-stop traffic the temptation to ignore recommended safe distances between vehicles is very strong, especially on multi-lane roads where some drivers treat cutting across lanes as if it were a sport.

17th January 2007/by Tyrepress Editors

Tyremakers Take Note

According to automotive industry analysts, during 2006 China overtook Japan to become the world’s second largest market for cars. During 2006 7.2 million vehicles were sold in China, a 25.1 per cent increase on the previous year’s sales. Japan, now ranked number three, sold a mere 5.7 million vehicles in comparison.

15th January 2007/by Tyrepress Editors

Continental to Recruit Fresh Blood

Continental AG has outlined plans to broaden their pool of fresh talent by hiring 1,300 university graduates and young professionals this year. According to the Company’s human resources director and executive board member Thomas Sattelberger, Continental is seeking those with engineering and science degrees as well as economics and business administration graduates.

10th January 2007/by Tyrepress Editors

Michelin Voted Top in Customer Satisfaction

According to a Japanese survey, Michelin ranks number one when it comes to customer satisfaction with the tyres their new compact, passenger and 4×4 vehicles come fitted with. Customer satisfaction research specialists J.D. Power Asia Pacific conducted a study measuring customer satisfaction with the OE tyres on four segments of new vehicle, checking how well they fared in terms of appearance, handling/traction, ride/quietness and durability/reliability.

9th January 2007/by Tyrepress Editors

Conti Moving R&D to Mt. Vernon

Continental Tire North America is moving its research and development department from its Charlotte, North Carolina to its non-unionised plant in Mt. Vernon, Illinois. Construction company Ray Black and Sons is currently completing the 700 square metre addition to the plant.

The facility at Mt. Vernon is now Conti’s sole US tyre production centre following the closure of several other plants. Mt. Vernon workers have accepted some wage reductions in exchange for a promise of increased production and an upgrade of facilities. The plant has recently been awarded “Q1” Quality Certification by Ford and recognition of improved quality from Nissan.

8th January 2007/by Tyrepress Editors

Exec Director quits Balkrishna, Plans to Purchase Alliance

Former Balkrishna Industries Ltd executive director Yogeshkumar (Yogesh) Mahansaria and his brother Ashokkumar have reportedly quit the fast-growing Indian tyre producer, citing “family differences” as the reason. Yogesh has now teamed up with US equity firm Warburg Pincus to Acquire Israel’s Alliance Tire for US$45 million.

Alliance has been in negotiations with the two buyers, and the transaction is expected to be completed before June. The Alliance purchase forms part of a new venture that Yogesh Mahansaria has been quoted as saying he intends to float in the near future.

4th January 2007/by Tyrepress Editors

New Marangoni Facility

Marangoni Meccanica, the division of the Marangoni Group responsible for designing and developing new tyre technology, has recently inaugurated a new facility in Roverto, Italy. The new 11,000 m² facility will house approximately 80 employees involved in large research projects related to developing new hardware and ideas.

21st December 2006/by Tyrepress Editors

Michelin Campaign Wins B2B Award

Michelin’s Stop Thirsty Tyres campaign, aimed at helping hauliers reduce their fuel bills through better tyre management, has beat strong competition to win the ‘Best use of creative’ award at this year’s B2B Marketing Awards. The Stop Thirsty Tyres campaign was launched in May 2005 and has been promoted industry wide through a variety of mediums.

20th December 2006/by Tyrepress Editors

‘Evolution not Revolution’

The last year saw the gap between the premium and budget CV tyre markets widen as cost conscious fleet managers have opted for lower priced imported tyres. Continental, as a manufacturer just outside the top three in terms of UK commercial vehicle replacement tyre market share, must be examining the market very closely – something that made executives’ recent market research presentation all the more interesting. UK commercial vehicle brand manager, Jill Rodgers, and truck and remould brand manager, Mike Nyren presented the data.

14th December 2006/by Tyrepress Editors

Replacement Demand Driving UK Garage Equipment Sales

Replacement demand is currently the most important driver in the European mechanical testing and material handling equipment market. Products from established manufacturers are increasingly being replaced by novel offerings from new participants, driving competition and volume sales, according to Frost & Sullivan.

The research firm said the European mechanical testing and material handling equipment market earned revenues of 566.8 million euros in 2005 and estimates this will reach 725.73 million in 2012. “As customers attempt to constantly update and equip themselves with the latest technologies, they are no longer willing to limit themselves to traditional manufacturers,” said F&S senior research analyst Benny Daniel. “End consumers are signing contracts with manufacturers with these competencies, generating fresh demand for garage equipment as a result.”

13th December 2006/by Tyrepress Editors