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JK Tyre profits up, capacity to grow in India & Mexico

India’s JK Tyre and Industries Ltd attributes much of its improved profitability in the three months to 31 December 2012 to its strong performance in the truck and bus radial sector. Despite an overall slowdown in the Indian market and a slump in orders from OEM customers, the tyre maker recorded a net profit of Rs 211.4 million (£2.5 million) in its 2012-13 third quarter. This compares with a net loss of Rs 213.1 million (£2.6 million) a year earlier. Net sales between 1 October and 31 December 2012 amounted to Rs 12.7 billion (£152.4 million), down 7.6 per cent year-on-year.

8th February 2013/12,345 Comments/by Tyrepress Editors

2012 'challenging' for European car market

Further details from ACEA’s 2012 European car registrations data reveals that the Volkswagen Golf continues to be Europe’s best-selling car, despite a sharp drop of 11.1 per cent in 2012 sales compared to 2011. Even with a 12.7 per cent drop the Ford Fiesta overtakes the Volkswagen Polo for second place in 2012, while the Volkswagen Polo comes in third, with sales down 19.8 per cent.

18th January 2013/by Tyrepress Editors

VW to introduce budget brand?

There are reports from the North American International Auto Show, (Detroit, Jan 14 – 27) that Volkswagen will decide this year whether to introduce a new budget brand aimed at developing markets.

If the company decides to go ahead, it would almost certainly start in China, where VW recorded a near-25 per cent increase in sales to a total of 2.15 million in 2012. But India and other new markets such as Mexico could also be targets for a low-cost VW brand.

15th January 2013/by Tyrepress Editors

Milltek Racing switches to VW Golf for 2013 Time Attack

Exhaust manufacturer Milltek used the occasion of Autosport International to reveal the car in which its team will compete during the 2013 UK Time Attack Championship. Having won the 2012 Club Classes with a Nissan GT-R in the hands of driver Richard Marshall, the Milltek team will return to its VW Group roots with a prepared VW Golf GTI Mk6, as it goes head to head with the reigning Club Pro 2WD class champion, Bo Nielsen in his Astra VXR Coupe.

14th January 2013/by Tyrepress Editors

Falken Tyres Sincera SN831A OE on Škoda Citigo

The Škoda Citigo will roll off the production line fitted with Falken Tyres’ Sincera SN831A Ecorun. The Japanese tyre manufacturer has been increasing its OEM business this year, including deals to supply the tyre to the Seat Mii and the Volkswagen Up!, as well as having its Eurowinter HS449 winter tyre approved for Polo fitment, making this the fourth VW Group vehicle to run on Falken tyres as standard since June 2012. Falken supplies a 165/70R14 81T tyre to the Czech manufacturer.

19th December 2012/by Tyrepress Editors

Falken OE for Seat Mii

Falken Tyre Europe reports that its Sincera SN831A Ecorun, which is already supplied as original equipment for the Volkswagen Up!, has now been chosen by the Volkswagen Group for fitment on the Seat Mii. As is the case for the Up!, the small Seat will receive the Sincera SN831A in size 165/70R14 81T.

5th December 2012/by Tyrepress Editors

25 years of Supertracker: from cottage industry to 14,000 units

Southampton based alignment equipment supplier, Supertracker is 25 years old this year and Tyres & Accessories visited managing director Trevor Lovesy and alignment specialist, Jerry Barker to celebrate the milestone. Having been established by Lovesy’s parents in 1987 the company has moved from a cottage industry needing to sell 26 units in its first year to a major supplier of alignment equipment to Kwik Fit. It is indicative of the company’s quick progress that 1987 actually saw 87 sales, with the first units manufactured in August.

5th November 2012/by Tyrepress Editors

Goodgrip.co.uk launches consumer videos

Goodgrip.co.uk have released a series of tyre comparison and consumer advice videos to help UK motorists better understand the performance characteristics and differences between different types of tyres available to them.

31st October 2012/by Tyrepress Editors

Bridgestone winter PCR, SUV tyres prevail in ADAC test

Bridgestone’s Blizzak LM-80 was the clear winner of German automobile club ADAC, TCS and ÖAMTC’s new SUV/CUV winter tyre tests (size 215/65 R16 on a Volkswagen Tiguan), while its Blizzak LM-32 received the association’s highest snow ranking. The passenger car tyre was awarded AutoBild’s highest winter rating, published in early October.

22nd October 2012/by Tyrepress Editors

Happy birthday, speedometer

This week an important automotive component celebrates its 110th birthday. No, it’s not the pneumatic tyre – John Boyd Dunlop is credited with its creation in 1887 – the birthday kid is the speedometer. To mark 110 years of its existence, automotive supplier Continental has released a text explaining where the speedometer came from, how it works and where it is heading:

12th October 2012/by Tyrepress Editors

Falken winter tyre approved for European Polo models

At June’s Reifen trade show in Germany, Falken Tyre Europe shared that Volkswagen had selected its Sincera SN831A in size 165/70R14 81T for its new compact model, the ‘Up!’. The car maker has now selected another Falken product as original equipment, this time for the Polo; in certain European markets the Eurowinter HS449 winter tyre will be fitted to the Polo in size 185/60 R15 85H.

10th October 2012/by Tyrepress Editors

Michelin eco ranges presented at Paris show

Michelin’s Energy E-V first caught the public’s eye at the Geneva Motor Show earlier this year through the release of the ZOE, Renault’s new, affordable electric car, and the tyre maker officially debuted the Energy E-V – now bearing an AA label – at last week’s Paris Motor Show.

2nd October 2012/by Tyrepress Editors

Hankook OE on Chrysler, Dodge models

Several new Chrysler models in the US will be fitted with Hankook tyres as original equipment; the tyre maker says it will supply Chrysler Group with its Optimo H725 touring all-season tyre as original equipment for the 2013 Chrysler 300 AWD models and 2013 Dodge Charger SXT, SXT Plus, and R/T AWD models. The tyres supplied will be for the Pentastar V-6 and V-8 versions of these Chrysler and Dodge AWD flagship saloons in size P235/55R19H.

18th September 2012/by Tyrepress Editors

Europe automotive market declines in July, UK on the up

The British passenger vehicle market was the only car parc in Europe to increase registrations in July. According to analysis produced by Jato Dynamics, Europe’s new car sales declined by 8.2 per cent in July, and 4.9 per cent year-to-date compared to last year. Great Britain grew 3.5 per cent. Meanwhile Italy and Spain recorded the greatest drops in July unit sales. Volkswagen’s Golf maintained its position as Europe’s top performing model.

20th August 2012/by Tyrepress Editors

Volkswagen up!, Skoda Citigo fit Bridgestone tyres as OE

Volkswagen has selected the Bridgestone Ecopia EP25 tyre as original equipment for the manufacturer’s new up! city car. The A-segment car was introduced at the Frankfurt Motor Show in September 2011, and Bridgestone started delivery of 165/70R14 81T and 175/65R14 82T size Ecopia EP25 tyres in November 2011. The blue motion version of the up! will be fitted with 175/65R14 82T.

27th July 2012/by Tyrepress Editors