UHP tyres Archives - Page 17 of 18 - Tyrepress

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Nexen Tire sales, profit increases in Q2

During the second quarter of 2012 Nexen Tire achieved net sales of KRW 433.3 billion (£242.8 million), the Korean tyre maker reports. This result represents year-on-year growth of 29.8 per cent. Gross profit, at KRW 118.6 billion (£66.4 million), was up 49.2 per cent year-on-year and a margin of 27.4 per cent was reached. Operating profit amounted to KRW 51.8 billion (£29.0 million), up 90.1 per cent year-on-year, and a margin of 12.0 per cent was achieved. Ordinary profit came to KRW 42.7 billion (£23.9 million), 51.8 per cent higher than in the corresponding quarter of 2011. EBITDA, at KRW 72.3 billion (£40.5), was up 62.2 per cent year-on-year and had a margin of 16.7 per cent.

21st August 2012/by Tyrepress Editors

Hankook sales, profits up in second quarter

Hankook Tire reports higher revenues and operating profit for the second quarter of 2012. The Korean tyre maker’s revenues rose 18.5 per cent year-on-year to KRW 1.84 trillion (£1.03 billion) in the three months to 30 June and operating profit jumped 112.1 per cent to KRW 215.5 billion (£121.15 million).

1st August 2012/by Tyrepress Editors

Toyo to fit D3 Group Le Monstre CTS-V Coupe at SEMA

Toyo Tire USA has announced its fourth vehicle to be displayed at its booth at the 2011 SEMA Show: Le Monstre, a one-of-a-kind 2012 CTS-V Coupe from renowned Cadillac tuner, The D3 Group. The car will roll on 275/30ZR20 and 345/25ZR20 Toyo Proxes T1R UHP summer tyres. It will compete in time attack events during the 2012 road racing season.

28th October 2011/by Tyrepress Editors

Kumho OE on Export Jeep Cherokee

Kumho Tire has been awarded an original equipment supply deal for the all-new 2011 Jeep Grand Cherokee. The manufacturer will supply its Solus KS21 UHP tyre in sizes 265/60R18 or 265/50R20 for versions of this new Jeep destined for markets outside of North America, and in doing so Kumho expects to “generate an even stronger momentum in its pursuit of overseas markets.”

22nd November 2010/by Tyrepress Editors

Kumho Q1 Sales 18% Up Year-on-Year

During the opening quarter of the 2010 financial year, Kumho Tires posted sales of KRW 586.4 billion (₤343.8 million), representing 27.7 per cent quarter on quarter and 18 per cent year-on-year growth. Operating profit during the three months to March 31, 2010 amounted to KRW 21.3 billion (₤12.5 million) and net income KRW 20.9 billion (₤12.3 million). The tyre maker comments that these gains result from an improved plant operation rate and greater export sales. Export volume during the quarter was up 40 per cent year-on-year, an occurrence Kumho attributes the general recovery of North America’s car and tyre markets – one of its key sales territories.

13th May 2010/by Tyrepress Editors

Capacity Boost at Bridgestone Poznan Plant Announced

Bridgestone has outlined plans to invest 105 million euros increasing the capacity of its Poznan tyre factory in Poland. The added capacity will begin to come on-stream in January 2012 and over a two-year period daily output will rise from 23,600 to 29,200 units.

6th April 2010/by Tyrepress Editors

Goodyear Eagle Rubber Chosen for 2011 Mustang

Goodyear has announced that customers choosing Optional Performance Package on the recently unveiled 2011 Ford Mustang Shelby GT500 will receive its Eagle F1 SuperCar G:2 UHP tyres as standard fitment. The tyre, tested on some of the most renowned road courses in North America, appears on the new Mustang this year in sizes P265/40ZR19 and P285/35ZR20.

11th February 2010/by Tyrepress Editors

The World’s Priciest Tyres – Set of Bugatti Veyron Rubber Costs £23,500

News, Product News

Every wondered what the most expensive passenger car tyres in the world are? According to a report published on the Autocar website on 14 January, Bugatti Veyron rubber must be a prime contender with a set of four new tyres costing £23,500 (26,926 euros; US$38,482) to replace. And if you were wondering which tyre manufacturer won the OE contract to supply these products, a quick look at tyrepress.com’s online archive reveals that the 406 km/h car, which is capable of 0 – 300 km/h in under 14 seconds fits Michelin Pilot Sport Pax System 245-690 R520 A (front) and 365-710 R 540 A (rear) tyres.

19th January 2010/by Tyrepress Editors

Maximum Safety at High Speeds

Today it is entirely possibly to purchase a road legal set of tyres rated for speeds above 185 miles per hour. Yet the faster a tyre’s rotation speed, the higher the resulting centrifugal acceleration will be. IN order to avoid the possibility of smoky scraps of shredded tread appearing in the rear view mirror, these UHP tyres must be designed to handle such extreme centrifugal forces. This can be accommodated by the use of jointless bandages composed of rubberised nylon or hybrid cords, which can absorb extremely high forces.

12th June 2009/by Tyrepress Editors

Michelin Serves up Two New Offerings

Last week, Michelin North America invited select media to Laurens Proving Grounds, its testing facility, in Laurens County, South Carolina, for the launch of its two new tyres, the Pilot Sport All-Season Plus and the Pilot Sport PS2 ZP. The tyres were put to the test in exercises in wet braking, wet handling, dry handling and comfort against competitors’ tyres.

The Pilot Sport A/S Plus, though not visibly different from the original Pilot Sport, contains technology that allows for improvements in all-weather performance, wet grip and tread-life, according to Michelin.

The tyre features three specialized rubber compaounds across the tread, helping to elevate a car’s performance in virtually every type of weather, from wet to dry to winter conditions. Directional tread pattern and wet-weather silica compound combine for extreme wet-weather control. The tapered grooves of symmetrical tread design channel water away from the tyre’s contact patch to provide excellent wet grip in wet conditions, the company said.

30th June 2008/by Tyrepress Editors

Pirelli Claims Top Spot in Tire Rack Tests

(Tire Review/Akron) Pirelli Tire North America said its P Zero topped a recent Tire Rack test of “max performance” tyres, besting two other unnamed UHP tyres. The testing was conducted at Tire Rack’s test track in South Bend, Indiana, using 2006 BMW325i E90 saloons with new 225/40ZR18 tyres mounted on 18×8-inch wheels.

The evaluations, said Pirelli, included cornering, lane change, acceleration, traction, responsiveness, handling and drivability “normally only encountered in abrupt emergency avoidance maneuvers or competition events.”

13th December 2007/by Tyrepress Editors

Hankook’s New European Plant Up and Running

June 26 is to be a red-letter day in the history of Hankook in Europe, as this is the day the company has chosen to officially commence production at its new £340 million facility in Dunaujvaros, Hungary. The 54-hectare site south of the capital Budapest has been set up to manufacture UHP tyres for the European market, and when full production is reached in 2010 a total of 10 million tyres will be produced each year.

The new facility in Hungary will be instrumental in Hankook’s plans to increase its European market share to 8 per cent by 2010. At present 35 per cent of the company’s global export revenues are generated in Europe, Hankook’s largest export market.

25th June 2007/by Tyrepress Editors

Kumho Official Supplier to US MX-5 Cup

One of Kumho Tire’s main US market tyre lines, the ultra high performance ECSTA, has been selected as the official tyre of the Sports Car Club of America’s Mazda MX-5 Cup, U.S.A. Kumho will provide ECSTA V700 tyres to all cars participating in the competition for the next 2 years, a total of more than 2,000 tyres per year.

“Our being selected as the official tyre provider of Mazda MX-5 Cup will positively display our tyre making technology in Northern America, and it will all promote Kumho’s reputation and tyre exports” said a company representative. Kumho sold US$150,000,000 of UHP tyres in North American markets last year and is planning to increase tyre exports to $200,000,000 dollars per year in the same region through increased marketing and active participation in various motor sport contests.

8th June 2007/by Tyrepress Editors

Matador’s Hectorra 2 Rated Well in Independent Test

Matador’s new MP 46 Hectorra 2 high performance tyre has been rated very highly in an independent test conducted by the Czech Republic motoring magazine Auto Motor a Šport. Following a comparative test evaluating each tyre on a number of criteria, the expert evaluators labelled the Hectorra 2 as “recommended.” The comparative test revealed the tyre’s greatest strengths lay in the areas of low rolling resistance and short braking distance on wet and dry surfaces. This Hectorra 2 was also rated one of the best handlers.

4th April 2007/by Tyrepress Editors

1012 bhp Bristol Fighter-T Runs on Michelin Tyres

International News, Product News, UK News

Kensington-based luxury carmaker, Bristol, has announced that it has produced a record braking variation of its Bristol Fighter model. Seen as something of a Bugati (Veyron) beater, the Fighter T’s twin turbocharged and intercooled 8-litre V10 engine is capable of producing 1012 bhp and a top speed of 270 mph, which has been electronically limited to 225 mph.

13th November 2006/by Tyrepress Editors