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Pirelli Negotiated the Crisis Year Well – Holds Potential for Further Growth

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. A crucial factor in this was its very solid manufacturing network. In Europe the output from factories in Italy and other West European sites are supplemented by deliveries from Romania and Turkey. North and Latin America are largely supplied with products from Brazil, and in China Pirelli erected a truck tyre plant and subsequently established site a passenger car tyre facility at the same site.

3rd February 2010/by Tyrepress Editors

Toyo to Build Tyre Plant

Toyo Tire & Rubber Co. has announced it will invest $9.8 million to establish a wholly-owned subsidiary company at Zhangjiagang City, Jiangsu Province, China, to manufacture passenger and light truck tyres.

29th January 2010/by Tyrepress Editors

Apollo Hosts Three-Day India Conclave

Earlier this month, Apollo Tyres brought together its high performing business partners for an India conclave, reports Tire Review. Partners qualified for the event by achieving challenging sales targets in the commercial vehicle tyre category in 2009. The initiative, organized under Apollo’s International Marketing Program for exports out of India, was christened “Jai Ho” after one of the Oscar-winning lyrics from the movie Slumdog Millionaire, and literally meaning “may you be victorious.” The reward for this victory was an all-expense-paid, three-day incentive trip to India.

29th January 2010/by Tyrepress Editors

Michelin and Volvo Sign Innovation Partnership

Michelin and the Volvo Group have signed a contract extending the agreement that has made Michelin the Swedish automotive manufacturer’s main tyre supplier since 2003. The two companies will now work together on innovation projects. Under the contract signed on 25 January 2010, Michelin will supply truck tyres as original equipment for vehicles assembled by Volvo in North America, South America, Europe and, for the first time, Turkey, and marketed under the Volvo Trucks, Volvo Buses, Renault Trucks and Mack Trucks trade names.

27th January 2010/by Tyrepress Editors

Navistar Chooses Continental Tyres as OE

In the US, Navistar International Corporation has chosen Continental truck tyres as the standard original equipment fitment for all of its International PayStar, WorkStar, and DuraStar severe service and medium duty vehicles. The agreement took effect on 1 January 2010.

26th January 2010/by Tyrepress Editors

South African ‘Tyresaver’ Launch Planned for Tyrexpo Africa

Nitralife states with pride it was the first company in the world to actively promote the use of nitrogen inflation gas in car and truck tyres. It held the first field tests with the substance in early 1995 and the success of these led to the formation of Nitralife "Nitrogen in Tyres" in mid 1996.

26th January 2010/by Tyrepress Editors

Al Saeedi Adds New Gallant Truck Tyre Size

International News

Al Saeedi Automotive TRD Co (LLC), the exclusive distributor of Gallant brand truck tyres in the Middle East and Africa, has added 1200R24 20PR GL 885 to the range of sizes it offers. The new tyre is described as an all-position radial optimised for highway and on/off road applications. According to the distributor, the special features of this tyre include ultra-high tyre bead structure and a lateral block shoulder. “These features help enable lower heating, wear resistance, extended mileage and high speed durability,” company representatives explained. Further new sizes are expected to be added to the range with Al Saeedi reporting that Gallant is “currently in the process of manufacturing a complete range of truck and bus radials.”

26th January 2010/by Tyrepress Editors

Bridgestone Rubber Fitted to GM Show Vehicles

Concept vehicles are an integral part of the motor show circuit, and the North American International Auto Show in Detroit is no exception. Bridgestone Americas Tire Operations (BATO), in cooperation with General Motors, has debuted two new fitments on GMC and Cadillac concept vehicles at the show.

20th January 2010/by Tyrepress Editors

Michelin Announces July End to Japanese Factory’s Tyre Production

Plans to cease tyre production at Michelin’s factory in Ota, Japan were announced on January 15. Upon giving word of the July 2010 end of passenger car and light truck tyres at the Gunma Prefecture site, Michelin explained that, despite taking measures to improve productivity, reduce production costs and, since 2007, refocus on the production of ‘complex products’, production costs at the Ota plant have remained around twice as high as those of other plants serving that tyre segment.

15th January 2010/by Tyrepress Editors

Continental Tyre Switch Delivers 25% More Mileage Says Les Smith Haulage

Les Smith Haulage Limited’s decision to switch to Continental from another premium brand is said to be delivering 25 per cent longer life on its front steer tyres. According to the company these tyres are achieving over 100,000 kilometres before being changed. Those on the rear axle are reportedly giving up to 400,000 kilometres of life.

The 18 vehicle fleet is made up entirely of Mercedes-Benz Axor two-axle 18 tonners. These typically cover between 80,000 and 100,000 kilometres a year on work throughout the UK which includes both motorway and A road running. A policy of only ever fitting new tyres, correct tyre selection and careful monitoring of tyre condition lie behind the good performance of the Continentals.

14th January 2010/by Tyrepress Editors

Safety Milestone Reached at Bridgestone’s Wilson, US Plant

The reaching of a million man-hours without a recorded ‘losttime’ accident has been described as a “major safety milestone” for the Bridgestone Americas Tire Operations (BATO) tyre factory in Wilson, North Carolina. The Wilson plant, which produces passenger car and light truck tyres and has a staff of more than 1,800, is the eighth Bridgestone Americas facility to reach this milestone in 2009, making it a record year for the company.

6th January 2010/by Tyrepress Editors

US Michelin Prices Set to Rise

The cost of Michelin products in the US will increase as of February 1. Prices for Michelin and BFGoodrich brand replacement market commercial truck tyres, as well as Michelin Retread Technologies retreads, will increase by up to seven per cent. Increases for Michelin, BFGoodrich, Uniroyal plus private and associate brand passenger car and light truck replacement tyres will vary according to product line. Michelin brand replacement market earthmover tyres will be up to four per cent more expensive.

4th January 2010/by Tyrepress Editors

Alliance Shows Strength in Europe, North America

It is now three years since Warburg Pincus and its partner, former Balkrishna Industries executive director Yogesh Mahansaria, announced an intention to acquire Alliance Tire. In the time since the Mahansaria family and their global private equity backer took possession of Alliance for approximately US$150 million, plans to develop the business have progressed steadily. Not only has the goal of taking advantage of India’s cheaper production costs been realised – the company’s $100 million cross-ply agricultural tyre factory in Tirunelveli has been readied for the start of commercial production – during 2009 acquisitions and further inroads into new markets boosted the Alliance brand’s profile considerably.

22nd December 2009/by Tyrepress Editors

Goodyear EMEA, Latin America Growth to Continue

Changes are afoot within Goodyear Tire & Rubber’s European agricultural tyre business. Last September, the company signed a non-binding letter of intent with Titan International to sell its European agricultural tyre assets, including the Goodyear Dunlop Tires France Amiens North factory. In December Tyres & Accessories discussed this deal with Alessandro Coggi, managing director Farm and Industrial Tires, Goodyear Dunlop Europe.

21st December 2009/by Tyrepress Editors

All Change in UK Commercial Vehicle Tyre Market 2009

In 2009 Bridgestone and Michelin remained relatively stable market leaders in the UK commercial vehicle tyre market. However a real turnaround has taken place in the rest of the top five. According to Tyres & Accessories’ research, the recession has resulted in traditional truck and bus tyre market stalwarts Goodyear Dunlop and Continental being leapfrogged by relative newcomers Hankook, which now resides in third place with a 20 per cent market share.

While Continental didn’t explicitly confirm all the details of T&A/tyrepress.com’s research at its annual market trends briefing in London on 11 December, a spokesperson did concede that the company had slipped to fourth place in 2009 (holding 15 per cent of the market), after its group brands occupied third position in 2008: “We reached third position in 2008, but the challenging economic conditions mean that we are currently fourth in the market with an aim to regain ground in the next three years.”

15th December 2009/by Tyrepress Editors