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FuelMax Technology Awarded by Luxembourg Business Federation

Goodyear reports that its FuelMax Technology for truck tyres came out a winner at awards held by the Luxembourg Business Federation (FEDIL). The federation bestowed its 2009 Environmental Award upon Goodyear, recognising the environmental and cost related benefits FuelMax Technology delivers. According to Goodyear, the judging panel concluded that the development of products featuring new technology proves the importance of research efforts at Luxembourg based sites, such as Goodyear's Innovation Center.

3rd March 2010/by Tyrepress Editors

Raw Material Price Cuts Gave Michelin 318 million euros Tailwind in 2H

Financial analysts responded positively to the results, describing second-half 2009 financial position as a “major positive.” However, some key coverage decided against giving forward-looking outlook advice, citing fluctuating raw material costs (specifically natural rubber) as their reasoning.

Writing in an investor’s note dated 12 February, Morgan Stanley representatives commented: “Operating profit was 5 per cent better than consensus, but 3 per cent below our estimate…Net debt was significantly better than expected, ending 2009 at 3.05 billion euros versus our 3.5 billion euros estimate (consensus at 3.6 billion euros).”

3rd March 2010/by Tyrepress Editors

Goodyear Drafts New Size into Military Range

If you’re planning to invade a neighbouring land or simply wish to traverse unsealed surfaces, then Goodyear has the tyre for you: the manufacturer is extending its range of truck tyres for military and off-road applications with the introduction of a size 365/85R20 fitment for its Offroad ORD (Off Road Drive) range. The tyre was developed in cooperation with OEMs and has already been homologated by specialist trailer manufacturer Broshuis; other approval processes are also underway.

2nd March 2010/by Tyrepress Editors

Bridgestone Gets P&D Units SmartWay Certified

Bridgestone Americas has added to its collection of EPA SmartWay certified medium truck radials – with the first two P&D tyres approved, reports Tire Review.

1st March 2010/by Tyrepress Editors

Continental Extends Football Sponsorship with World Cup 2014 Deal

Continental has extended its sponsorship of international football events with a deal to become the Exclusive Tyre Partner and Official Sponsor of 2014 FIFA World Cup in Brazil. “With preparation for activation of our sponsoring of the 2010 FIFA World Cup in South Africa going ahead at full steam, we have already laid the ground for worldwide marketing communication in the next few years by renewing the FIFA partnership through 2014,” explained Nikolai Setzer, Continental Executive Board member for Passenger and Light Truck Tyres.

24th February 2010/by Tyrepress Editors

Goodyear Wolverhampton Returns to Normal Production Levels

Goodyear Dunlop Tyres UK has reinstated the “Guaranteed Working Week” at its Bushbury, Wolverhampton tyre retreading and compounding plant. The company reportedly met with Unions and employee representatives in the few days and says the decision will result in all full-time employees being guaranteed a full 42 hour week with immediate effect.

Goodyear Wolverhampton changed shift patterns and moved to reduced hours, dropping the Guaranteed Working Week in December 2008, during the early stages of the economic downturn. At the time this was said to be in response to severely reduced demand for car and truck tyres.

24th February 2010/by Tyrepress Editors

Pirelli Announces Guaranteed Casing Allowance on New 01 Series Tyres

Pirelli has announced that, for a limited period, it will offer selected fleets a guaranteed casing allowance. The move is designed to demonstrate that Pirelli’s end-user partners can rely on the company’s truck tyres being guaranteed against any manufacturing defects from cradle to grave and then onto a second retreaded life. According to the company, “Pirelli’s confidence in the sheer quality of its new R01 Regional product lines and the ST01 Trailer fitment will ultimately be translated into extremely high retread casing acceptability and then prolonged second lives.”

23rd February 2010/by Tyrepress Editors

Dexel Tyres Joins ContiNetwork

Dexel Tyres has been appointed as a partner in Continental Tyres’ national dealer network, ContiNetwork. Director Glyn Cainey says that he is delighted to be representing Continental Tyres in the area: “Continental is a highly regarded brand with excellent products at competitive prices which are becoming increasingly in demand from discerning operators keen to cut their annual tyre bill. When these high mileage tyres are managed using the ContiLifecycle five-stage process, costs can be cut by as much as 25 per cent over the lifetime of a tyre.”

19th February 2010/by Tyrepress Editors

Conti 360° Fleet Services Gets Underway

In February 2010 Continental is introducing its ‘Conti 360° Fleet Services’ to the UK and seven other key European markets. According to Continental, this new and diversified range of products and service, including tyres and other mobility solutions for the European road transport industry, is the manufacturer’s response to the changed requirements of international freight transport. Conti 360° Fleet Services is specifically aimed at fleets operating across national borders, and through the modular fleet optimisation package it offers Continental’s fleet experts focus on cost minimisation with clear cost control and reliable timeframes.

16th February 2010/by Tyrepress Editors

New Bridgestone Steer Tyres Intended to Meet Stricter Emission Standards

Bridgestone Europe has introduced two new truck steer-axle tyres, R249 EVO and R297 EVO, which it says will meet stricter European emission levels. The move anticipates an increased front-axle load for trucks due to the addition of new ‘clean’ technologies, notably SCR (Selective Catalytic Reduction) and EGR (Exhaust Gas Recirculation), in compliance with Euro V and VI emission regulations.

15th February 2010/by Tyrepress Editors

Michelin “More Agile Than Ever” – 2009 Financial Results

Despite recording a net income 70.9 per cent lower than that of the previous year, Michelin managing general partner Michel Rollier appeared satisfied enough with the company’s 2009 financial results to comment that “in an environment shaped by a historic decline in tyre demand, especially in mature economies, Michelin was able to respond quickly and more agilely than ever. Thanks to the dedicated commitment of our teams and tight management, Michelin has delivered robust performance and improved its major financial metrics, the foundations of its future growth.”

12th February 2010/by Tyrepress Editors

Pirelli Negotiated the Crisis Year Well

During the global recession and financial crisis of 2009, tyre manufacturer Pirelli negotiated the challenges thrown at it better than expected and in doing so proved it is what many companies only claim to be: a storm-proof edifice. With its world-renowned Pirelli premium brand, the Italian tyre business retains its pattern of growth.

11th February 2010/by Tyrepress Editors

Bush Tyres Opens Second Retail Centre in Spalding

Tyre retail group BA Bush & Son and its wholesale arm B.A.B. Distribution has acquired the former Enterprise Tyres in Spalding. The move means that the family-owned business – which is a member of Grouptyre – now operates from two prime sites in the town, while it has increased its network of retail depots throughout Lincolnshire, Humberside and East Yorkshire to 16.

10th February 2010/by Tyrepress Editors

Stamford Launching Falken Brand in Africa

Stamford Tyres is an established exhibitor at Tyrexpo Africa and has supported the show since being launched in 2004. In March the Singapore based company will once again be using the show to further endorse the group’s growing presence in the South African tyre and wheel market.

5th February 2010/by Tyrepress Editors

Magnum D'Or Resources Declares Initial Tyre Test a Success

Magnum D'Or Resources reports that truck tyres utilising its SRI Custom Compound have successfully passed the 2,500 kilometre validation trials they were undergoing at the Rubber Research Institute of Malaysia. The tyres were fitted to a rear axle of a light commercial vehicle alongside Bridgestone BS100 tyres in size 7.00 –16 12PR in order to test performance and wear resistance.

4th February 2010/by Tyrepress Editors