Michelin raises light truck- and car-tyre prices in North America
Michelin North America recently announced price increases on selected Michelin and BFGoodrich passenger and light truck tyres.
Across the Atlantic they are called tires, while over here we use a “Y” and say tyres. This tag provides the latest tyre business news emanating from the United States of America (USA), whichever way you spell it.
Michelin North America recently announced price increases on selected Michelin and BFGoodrich passenger and light truck tyres.
Continental Tire the Americas has announced plans to increase prices on select Continental and General passenger and light truck tyres in the US market.
Michelin’s commercial vehicle tyre dealer network in the USA has grown to more than 400 locations across the country. Michelin North America has announced that Purcell Tire & Rubber Company (Purcell Tire) is joining the Michelin Commercial Service Network (MCSN) and Michelin Retread Technologies, Inc. (MRTI) and Oliver Rubber Company, LLC (Oliver) retreading networks.
Pre-Q Galgo Corporation has hired Ron Elliott to be its marketing manager in North America. In his role, Elliot will be responsible for leading the marketing direction of the long-term growth strategy for the Pre-Q Galgo brand throughout the United States and Canada.
Anti-dumping duties as high as 98% may be applied to passenger vehicle and light truck tyres entering the USA from South Korea, Taiwan, Thailand and Vietnam. The U.S. Department of Commerce announced on 30 December that it will instruct U.S. Customs and Border Protection to collect cash deposits from importers of these products.
A new all-Porsche racing series commences in the USA and Canada next year, and Yokohama will serve as control tyre. The Porsche Sprint Challenge North America is a three-class series contested by the current and previous generations of Porsche 991 GT3 as well as the 718 Cayman Clubsport. All cars will race on Yokohama Advan racing tyres, with the Advan A005 slick the rubber of choice on dry tracks and the Advan A006 serving as wet weather tyre.
ZC Rubber, the world’s 9th largest tyre manufacturer, has unveiled large billboards in four famous in the United States, Australia, Thailand and Germany.
Bridgestone has announced it will increase prices for selected Bridgestone and Firestone-branded passenger and light truck replacement tyres sold in the US and Canada.
Bridgestone Americas and Bridgestone Canada are recalling 1,923 Firestone Destination LE3 and Bridgestone Ecopia H/L 422 Plus replacement passenger and light truck tyres.
On 2 December 2020 Pirelli announced price increases in the United States for car and light truck tyres, taking effect on 1 January 2021. According to the company, the increases will vary according to the tyre model and size.
The November tyre shipments forecast by the US Tire Manufacturers Association (USTMA) has significantly upgraded its 2020 estimates. It projects a total of 298.3 million units by the end of 2020, nearly 19 million units more than the association predicted in July. The new forecast also takes more than a third off the July forecast’s deficit against the 332.7 million units shipped in 2019. The USTMA said the figures reflect “industry resilience in the face of unprecedented challenges posed by the Covid-19 pandemic.”
Nynas has exited company reorganisation after Swedish courts confirmed the process is now complete following a creditors meeting. The court’s decision is effective 21 December 2020. After this, Nynas will no longer be limited by reorganisation regulations.
In the USA, General Motors has issued a safety recall for certain 2020 and 2021 model-year Chevy, Cadillac, Buick and GMC pickup trucks and crossovers. According to GM, the affected vehicles were delivered with Continental brand tyres that were overcured during the manufacturing process. The news follows Continental’s recall of 12,000 Continental and General Tire branded products earlier in November. The GM recall affects over 7000 vehicles in the US market.
The launch of the VW ID.3 marked the debut of Bridgestone’s materials-reducing Enliten technology. Volkswagen has decided against selling the ID.3 in the USA, but this doesn’t mean drivers across the pond will miss out on Enliten. Bridgestone Americas says its Alenza Sport A/S with Enliten technology has been specified as original equipment on select models of the 2021 Nissan Rogue. The Rogue is the first vehicle in the USA and Canada to be fitted with tyres featuring the technology.
Sumitomo Rubber North America is set to increase prices the price of Falken and Ohtsu branded passenger, light truck and medium truck tyres in the US and Canada on as well as implementing inline adjustments on a per size basis.
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