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Annual Figures Show Beru TPMS to be Company Drawcard

Automotive ignition and electronics specialist Beru AG has reported that its Group revenues increased by 7.1 per cent to 439 million euros during the year to December 31, 2006. The company’s newest division, Electronics and Sensor Technology – under which the Beru Tire Safety System (TSS) is produced – posted substantial revenue growth during the year, with Group EBT totalling 53.5 million euros in 2006, as apposed to 32 million a year earlier. Net profit after minority interest increased to 43 million euros, compared with 19.5 million in the nine-month period of short financial year 2005 (April 1 – December 31, 2005). Earnings per share amounted to 4.30 euros.

The division achieved BERU’s strongest growth rate of 31.6 per cent with sales revenues of 135.8 million euros. This was primarily a result of revenues from sales of tyre pressure monitoring systems, which more than doubled from 21.9 million euros to 46.5 million euros.

30th March 2007/by Tyrepress Editors

Damascus Road Experience

That’s it – I’m converted. If I previously had any niggling hesitancies about the need for run-flat or cold-weather tyres, the events of the previous few weeks have well and truly seen them off. And don’t even get me started about indirect tyre pressure monitoring systems (TPMS)! So far 2007 has seen two bouts of snow hit most of Great Britain. In mid-February thousands of schools closed and traffic ground to a halt because a measly inch or two fell. Thinking back I saw dozens of cars squirm and understeer on the thin layer of motorway slush, largely because there was hardly a cold weather tyre in sight.

29th March 2007/by Tyrepress Editors

Sunny Days

(Akron/Tire Review) Mexico and Kumho Tire U.S.A. have become rather synonymous. For the past several years, the tyremaker has chosen Cancun or Puerto Vallarta as destinations of choice for its annual dealer meeting. This year’s meeting, held Jan. 5-9 in Cancun, was another successful event at a pleasant resort setting.

This time, Kumho added a minor twist to the festivities: dealers got to meet the newly installed CEO and president of Kumho Tire North America B.K. Kim. Don Hun Ham, recently named president of Kumho Tire U.S.A., was unable to attend.

Also on hand were Dave Hudrlik, vice president of sales and marketing; Mike Leverington, director of marketing; Kelvin Oh, general manager and sales coordinator; and Rick Brennan, brand director, all of whom spoke to dealers about the company’s 2006 accomplishments and its plans for 2007.

Parent company Kumho Tire Co. is currently ranked 10th among tyre manufacturers worldwide, with revenue of $1.6 billion in 2006. In the U.S. alone, Kumho has gone from just under $100 million in sales in 1997 to $465 million in revenue in 2006 and is aiming for what it feels is a reachable target of $610 million for 2007. In terms of tyres, Kumho hopes to reach 9.3 million units in the U.S. for 2007, according to the management team.

14th March 2007/by Tyrepress Editors

New PCL Products at Autoteknik 2007

Sheffield’s PCL is set to receive significant European market exposure through the display of their latest tyre inflation products at Denmark’s Autoteknik 2007 in mid-March. The company’s exclusive distributor in Denmark, Folke Larsen, will unveil PCL’s new Accura 1 electronic preset unit and Airforce mechanical air line gauge.

8th March 2007/by Tyrepress Editors

TPMS Firms Strike Deal

(Akron/Tire Review) Ontario-based TireStamp announced that it had entered into a partnership deal with Vehicle Monitoring Systems in which both parties will offer TPMS products created by Taiwan’s Orange Electronic Co. VMS is Orange’s North American marketing and sales representative.

20th February 2007/by Tyrepress Editors

EnTire Expands Aftermarket TPMS Programme

EnTire Solutions, LLC has entered into an agreement with Siemens VDO Service & Special Solutions, who will market and sell EnTire Solution aftermarket tyre pressure monitoring sensors (TPMS) and service kits to service wholesalers and dealerships as a part of the Siemens VDO offering. Two EnTire Solution aftermarket TPMS and valve service kits will be sold through Siemens VDO to support current original equipment business.

16th February 2007/by Tyrepress Editors

Tyres of Tomorrow

Product News, UK News

We all know that the number of fitments on the market is increasing, but what will tyres – and therefore the tyre market of the future – look like? In a recent media briefing Continental market analyst Eulogio Sanz and product manager Peter Robb predicted that the 28 million-unit strong UK passenger car tyre market will split between those wanting economic and environmental performance and those who just want to go faster.

1st February 2007/by Tyrepress Editors

DaimlerChrysler to Offer SmarTire on Setra Coaches

DaimlerChrysler Commercial Buses North America has announced details of plans to have SmarTire Systems Inc. supply tyre pressure and temperature monitoring systems (TPMS) as an optional upgrade on their vehicles.

17th January 2007/by Tyrepress Editors

Michelin Shows Off eTire II

Five years after the debut of its original eTire Tyre Pressure Monitoring System (TPMS), Michelin has begun to show off its eTire II second-generation sensor equipment. This new eTire system incorporates technology devised by UK company Transense Technologies, who granted Honeywell a licence to develop their TPMS design on behalf of the French tyre maker.

11th January 2007/by Tyrepress Editors

Schrader AirAware Now in E-Catalogs

(Akron/Tire Review) Schrader Bridgeport International’s AirAware TPMS sensors and service pack lines are now included in e-catalogs by Activant and Wrenchead, the company announced.

“Our TPMS sensors and service packs are now available in the monthly eCatalog updates from both Activant and Wrenchead,” said David Weber, Schrader TPMS
project manager.

“Our aftermarket customers will now have the latest product application data in their system on a timely basis,” said David Weber, Schrader TPMS project manager. “With the rapid growth of TPMS at the OE level, our customers have told us how important it is to keep pace with new applications as we add them to our line.”

5th January 2007/by Tyrepress Editors

Beru Chosen as BMW TPMS Supplier in US

BMW has chosen the German company Beru AG as its supplier of tyre pressure control systems for BMW vehicles destined for the US market. Beru AG manufactures the Beru Tire Safety System (TSS), a unit that directly records tyre pressure when a vehicle is either stationary or moving.
The US Tread Act compels all vehicles approved for sale in the US from September 2007 model year onwards to be fitted with a tyre pressure control system. Such a system must be capable of independently monitoring pressure in all four tyres simultaneously, a task that requires the use of a direct recording tyre pressure system such as the Beru TSS.

20th December 2006/by Tyrepress Editors

SmarTire Reports Healthy Q1 Results

Canadian TPMS specialist SmarTire Systems Inc. has announced that its revenue for the first quarter of the 2007 fiscal year has increased by 44% to $851,770 (£436,476), up from $592,866 (£303,805) in the first quarter of the 2006 fiscal year. At the same time net loss for the quarter decreased to $5.3 million (£2.7 million), or $0,02 per share, for the fiscal year’s first quarter, down from $17.8 million (£9.1 million) or $0.06 a year earlier.

19th December 2006/by Tyrepress Editors

Michelin to Extend Use of TPMS

Oxfordshire based Transense Technologies PLC has announced that it has entered into an agreement with Honeywell International Inc to extend the use of Transense’s Tyre Pressure Monitoring System (TPMS).

12th December 2006/by Tyrepress Editors

TPMS Maker Adds Tech Resources

(Akron/Tire Review) Schrader Bridgeport International has added technical and installation information for its lines of AirAware TPMS products on its Web site – www.schrader-bridgeport.com/airaware. “Schrader wants to make it as easy as possible for technicians to find the information they need, when they need it,” said David Weber, Schrader TPMS project manager. “Our expanded Web site provides answers to the most frequently asked questions regarding TPMS. And if they require further assistance, technical specialists are available at our TPMS hotline number to answer their questions.”

11th December 2006/by Tyrepress Editors

Xenos Launches TPMS Technologies

Xenos Technologies, part of the Pricol gorup, has launched a Tyre Pressure Monitoring System (TPMS), suitable for passenger cars, sports utility vehicles and light motor vehicles. The Xenos TPMS consists of two units, a display and sensor. The sensors are fitted to car tyres. In case of low pressure, high temperature or rapid deflation these sensors alert the driver. The display unit is stuck below the rear view mirror and is priced at 12,500 rupees (£145).

27th November 2006/by Tyrepress Editors