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Bridgestone, Bandag and Bulldog Enhance Retread Production and Range

Bridgestone UK’s success in the retread market has seen some significant milestones reached in 2010, along with major investments in equipment and integration with both the Bandag and Bulldog product lines (for further details of how this is panning out across Europe see this month’s Retreading Special supplement). In the UK the integration has resulted in advancements into new sectors, one of which is waste management. SITA UK is one of its contract gains with Bridgestone providing tyres to support SITA’s core business of providing a range of recycling and resource management services to business and local authorities throughout the UK. They collect recycling and general waste from 12 million residents and 40,000 businesses across the country via 300 facilities.

26th August 2010/by Tyrepress Editors

Bridgestone: UK Truck Tyre Market is 6-8% up on Last Year

News, Product News, UK News

Bridgestone UK reports that the new tyre market is starting to show signs of recovery, with the company’s data indicating that the market is running 6 – 8 per cent up on the same time last year. At the height of the recession, it was noted that fleets were parking up some units and using the dormant vehicles’ tyres to keep running costs lower in a process commonly known as cannibalisation. These stocks are now said to be coming to an end and fleets are placing new orders. There also appears to be a genuine increase in tyre demands from fleets. This is mainly due to increases in haulage and delivery volumes. However, although this activity is seen as positive it is still well below the level prior to the recession.

26th August 2010/by Tyrepress Editors

Procters Coaches Gains Driver CPC Training through Bridgestone

Northallerton based coach operator Procters Coaches has put the first three of its vehicle technicians through Bridgestone’s popular and successful Roadside Technician course. In addition to gaining the Roadside Technician ID card, Keith Thompson also gained 14 hours towards his driver CPC training as the course is accredited through the Institute of Vehicle Recovery.

25th August 2010/by Tyrepress Editors

Sumo Firenza Offers Broadening Size Range

The Sumo Firenza brand is continuing on its strategy of being a competitive option within the truck tyre market in both Europe and the UK, according to global distributor Singapore-based Stamford Tyres. In the UK Sumo Firenza truck tyres are exclusively distributed by West Midlands based International Tyres.

Company representatives attribute the brand’s progression to face that its products incorporate Japanese technology and are manufactured in the Far East. In addition Sumo Firenza’s truck tyre portfolio offers a growing size range plus a broadening choice for the Super Singles market.

25th August 2010/by Tyrepress Editors

Michelin: Political and Economic Instability Slowed UK CV Tyre Recovery

Following the recession of 2008 and 2009, in the most recent part of this year there has reportedly been “an about turn” in market truck tyre demand. However, the commercial vehicle sector’s recovery is said to be much slower in the UK than in Europe. Tyres & Accessories spoke to Michelin UK’s head of marketing – Truck, Earthmover, Martin Covington, who explained how the market’s recent history has been “a very competitive 18 months.”

While Michelin reports that truck tyre volumes in Europe shot up 28.7 per cent during the first half of 2010. The UK market recovery appears to be much more gradual, rising just 6 per cent in the same period. (The niche Republic of Ireland market flew up 42 per cent, but this figure is based on the market’s relatively small volumes rapidly recovering from a low base). “OE has obviously been poor, but replacement hasn’t been as much better as it should have been,” Covington commented, pointing out that economic and political instability hit haulier confidence in the first half of the year. Interestingly (happenstance or not) the market’s return to form appears to have coincided with the formation of the current coalition government following the general election.

24th August 2010/by Tyrepress Editors

Bandvulc: Fulda Sales Beat Predictions by 25%

Bandvulc reports that its Fulda-brand commercial vehicle tyre sales “have exceeded all planned targets.” Sales for the year ending July 2010 were up 25 per cent on predicted forecasts and this reportedly shows that “the market can develop new brands if sold in a proactive, methodical way, rather than purely price driven,” according to the company.

Activity is said to have been high in all tyres sizes with the largest increase in demand seen in the heavy 385/65 R22.5 and the 295/80 R22.5 sectors. “The Fulda range has been well received by Bandvulc’s independent dealers as well as the national chains and we expect to maintain current levels as well as planning for growth of up to 25,000 units in 2011/12,” company representatives told Tyres & Accessories.

24th August 2010/by Tyrepress Editors

Baxters Chooses Continental Forklift Tyres

Baxters, the famous soup maker, has choosen Continental’s SC 20 solid tyre on its fork lift truck fleet at its production and distribution facility in Fochabers. Fitting the SC 20 has reportedly improved safety, cut vehicle downtime and the whole life costs of tyres at the business. According to the company, the new tyres return three times the tyre life expectancy of the firm’s previous brand.

Baxters’ Fochabers production and distribution facility runs 25 Hyster trucks, a mixture of both gas and electric from 1.75 up to 3 tonnes. Trucks are maintained onsite on a three month service cycle by an engineer from Barloworld Handling Ltd.

John Pease, stores and warehouse manager is responsible for the forklifts at the Fochabers plant: “We had been using the standard Original Equipment solid tyres that came fitted to the trucks but they were performing very poorly. Vehicle downtime was excessive which made the operation very costly. Our plant is very demanding, running round the clock but the tyres just weren’t returning the performance that we expect. Tyres were wearing quickly and unevenly and were occasionally chunking leaving trucks unstable and creating a safety issue for both products and trucks.”

20th August 2010/by Tyrepress Editors

Infinity: July Was a Record Month

Infinity Tyres has reported that July 2010 was its best ever sales month. According to the company turnover for the month represented a massive 60 per cent year-on-year increase. Infinity sales are said to be tracking so that by the end of September 2010, after nine months, the company will have already surpassed 2009’s full-year sales figures.

19th August 2010/by Tyrepress Editors

Rebranding for General Truck Tyre Range in North America

A relaunch of the General truck tyre range in North America is intended to give it “a stronger focus and an identity that will resonate with commercial truck drivers across the Americas.” Upon announcing the changes to the Continental Tire the Americas brand, truck tyre brand manager Libor Heger commented that the General commercial vehicle tyre portfolio would be expanded to meet the needs of customers throughout the entire continent.

17th August 2010/by Tyrepress Editors

Giti Tire USA Presents Debut Product Demonstration

Giti Tire USA certainly made a lasting impression with its very first product demonstration event in North America – blistering track speeds on a blistering hot day in Arizona, reports Tire Review. The company unveiled its new Champiro HPY ultra-high performance line at Firebird International Raceway, where air temperatures hovered around 106˚F and track asphalt temps were measured at 160˚F-plus. And based on the response of dealers and media attending the event and putting the new radial through its paces, the Champiro HPY lived up to its billing. Even after three lengthy road course driving sessions, the HPYs on a collection of BMW and Mercedes models showed no ill effects and none of edge feathering one would expect under such extreme conditions.

12th August 2010/by Tyrepress Editors

Cooper Marks Half Century Producing Tyres for Hercules

In 2010 Hercules Tire & Rubber and Cooper Tire & Rubber celebrate 50 years of tyre business partnership. Cooper manufactures the Hercules brand of replacement market tyres, and claims to have produced millions of passenger car, SUV and light truck tyres for Hercules over the years.

12th August 2010/by Tyrepress Editors

New Size Added to Michelin XFN 2 Antisplash Range

European fleet operators wishing to equip their vehicles for safer winter operation can now obtain Michelin’s XFN 2 Antisplash in size 385/55 R22.5 TL. This front steer-axle tyre is part of Michelin’s ‘X Grip’ portfolio of cold weather tyres and is intended for multi-purpose use on long-distance routes plus national and regional roads. The XFN 2 Antisplash bears the M+S symbol and is suitable for year-round operation.

11th August 2010/by Tyrepress Editors

RMA Anticipates 8% US Market Growth in 2010

According to the Rubber Manufacturers Association, tyre shipments in the US this year are projected to increase by approximately eight per cent, a growth that will primarily take place due to a 38 per cent increase in original equipment passenger car tyre sales and a five per cent increase in replacement market passenger car tyre sales. The association estimates that a total of 282 million tyres will be shipped during the year, compared to 260 million last year. Thus the rebound in 2010 shipments will be roughly equal to 2008’s shipment level.

10th August 2010/by Tyrepress Editors

Conti’s 702 million euro EBIT was 10% Ahead of Consensus

Analysts at Morgan Stanley have upgraded their target price for Continental stock following second quarter results that were 10 per cent higher than consensus, while reducing net debt by 220 million euros to 8 billion. “We feel comfortable bringing our ’10 EPS to 4.92 euros and increasing ’11 and ’12 EPS by 25-35 per cent…We believe Conti shares will benefit as the debt refinancing continues – but we cannot justify an overweight rating with only 18 per cent upside potential to our price target. Moreover, numerous unknown factors, including risks related to Schaeffler’s continued 75.1 per cent dominance over the company, keep us on the sidelines,” the bank’s analysts wrote in an investor’s note published on 30 July.

9th August 2010/by Tyrepress Editors

Stamford Tyres Probing Markets for Increased Penetration following “Foundational” FY2010

Stamford Tyres is a business of two major halves. Firstly it runs a distribution business in nine countries including its home nation of Singapore; secondly it is the manufacturer of its SSW brand of wheels and the owner of its outsourced manufactured Sumo Firenza proprietary brand tyres, which it displayed in Europe recently at Essen 2010. “We help the plants with technical assistance, with our own designs for products, and we own our own tooling,” explained the company’s CEO and president, Wee Kok Wah when Tyres & Accessories interviewed him on his recent visit to London following Reifen 2010. “That way we can gear our capacity quite quickly and easily. We have a large team of engineers in China to deliver product quality assurance. The product meets the highest standard that you want.”

2nd August 2010/by Tyrepress Editors