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.
Bridgestone reports its first-ever original equipment run-flat tyre fitment on a General Motors vehicle with the selection of its Potenza RE050A RFT for the 2013 Cadillac ATS. The Potenza is being supplied to GM in size 225/40RF18 88W (front) and 255/35RF18 90W (rear) for fitment on the ATS Premium Collection, the highest level package available on the new Cadillac.
The Carlsson-developed SLK 340 international hillclimb race car due to première at the Geneva Motor Show on 5 March is capable of developing a respect-worthy 782bhp per tonne, and a car with this level of performance needs a suitable tyre. Thus Avon Tyres takes pride in reporting that its hillclimb tyres have been chosen as the SLK 340’s original equipment fitment.
US-based speciality chemicals company Cabot Corporation has announced reaching “another key milestone” in its technology licensing agreement with Manufacture Francaise des Pneumatiques Michelin for use of Cabot’s patented elastomer composite technology in tyre applications. Regular royalty payments to Cabot have now begun and will extend through fiscal 2022.
Another expansion of Continental’s Mount Vernon, USA plant will commence in order to meet growing North American demand for commercial vehicle tyres. Continental Tire the Americas will invest US$129 million in the plant, with $95 million of the funds going towards expanding CV tyre production, including wide-base truck tyres. The expansion of the Mount Vernon plant’s commercial vehicle production is expected to be complete in mid-2015 and will increase truck tyre capacity to more than three million units per annum. At least 80 new jobs will be created.
Toyo Tires racers won six stages and 13 podiums during the 2013 Dakar. Team Toyo’s Robby Gordon finished the Rally strongly, winning Stages 11 and 13 while two past Dakar champions, Carlos Sainz and Nasser Al-Attiyah, used the Toyo Open Country M/T-R to win Stage One and Stages Three, Four and Six respectively. Sainz drove the American-built #303 Team Qatar Red Bull buggy, Al-Attiyah the #300 Team Qatar Red Bull buggy, while Gordon competed in the Toyo-supported #315 Speed Energy/Toyo Tires/Mapei Hummer.
German tyre maker and automotive supplier Continental has improved its debt maturity profile through the signing of a new syndicated loan agreement. Committed to by approximately 30 domestic and international banks, the credit amount has been reduced slightly. It now totals 4.5 billion euros and is split up into two tranches of differing duration – a 1.5 billion euro loan with a term of three years, and a five-year, 3 billion euro revolving credit line. For the new syndicated loan, Continental has been able to obtain the release of the asset collateral previously put up for financing and has also implemented “further simplifications” with regards to the documentation.
Some 1,700 Continental motorcycle tyres sold in North America are the subjects of a voluntary recall. Based upon market feedback it has received, the tyre maker says that under certain service conditions the size 180/60R16 M/C 74H ContiMotion may experience uneven wear, groove cracking and in some cases belt lift, which can lead to a loss of inflation pressure and a potential loss of control. These service conditions have been observed on the rear tyre of Honda Gold Wing 1800 motorcycles, particularly under conditions of overloading and/or under-inflation. Continental adds that has not received any reports about accidents resulting from this condition.
Bridgestone Corporation says it has acquired the land where its Shenyang, China truck and bus tyre plant will be relocated to. In accordance with Shenyang City development policies, which were revised following the urbanisation of the area surrounding the Bridgestone (Shenyang) Tire Co., Ltd plant, production will be moved to the Shenyang Chemical Industry Park. The new site will encompass approximately 395,000 square metres and relocation will involve a total investment of US$99.9 million.
Shandong Linglong’s truck and bus radial tyres have gained EPA SmartWay verification for 18 of its Linglong and Leao brand truck tyres in the USA for low rolling resistance. The verified tyres include steer, drive and trailer axle applications.
Plans to offer practical driving tests from branches of Halfords have been given the go ahead by Road Safety Minister Stephen Hammond.
Driving tests will be available from the Halfords store in Wellingborough from Tuesday 5 February. Other branches of Halfords across the country are expected to start offering tests in coming months. All tests will be conducted by Driving Standards Agency (DSA) examiners.
According to US media reports, Bridgestone Americas intends to increase production of giant mining tyres. Bloomington, Illinois-based newspaper the Pantagraph writes that the Bridgestone Americas Tire Operations factory in the jauntily-named town of Normal will benefit from two expansion projects; these will increase production by around 30 per cent and increase the factory’s workforce by more than 80 employees.
After four years as president of Kumho Tire North America, J.B. Kim is to return to Korea and head up the company’s original equipment sales division and Korean market replacement sales division. The position left vacant by Kim in the US will be filled by Hai Eok "Harry" Choi.
Catalan rally ace, Xavi Foj, and the Race2Recovery team are just days away from embarking on what is arguably motorsport’s most gruelling challenge – the Dakar Rally – on Cooper 4×4 tyres.
Following a three-year independent audit, ATS Euromaster has been granted ISO 9001: 2008 status. Obtaining the quality management systems accreditation involved an audit by Lloyds Register Quality Assurance (LRQA) on more than 100 ATS Euromaster outlets and across the company’s head office. The fast fit company says the audit “evaluated everything from senior management strategy planning to implementation of the plans in centres and head office departments.” It also assessed the subsequent impact on a cross-section of customers.
Toyo Tires has secured its first original equipment deal with Mitsubishi in the United States, and the manufacturer says this initial agreement involves the supply of tyres to the most popular Mitsubishi sold in that particular market. Models of the 2013 Mitsubishi Outlander Sport crossover sold with 18-inch aluminium wheels will be fitted with Toyo’s A24 in size 225/55R18.
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