Goodyear to Invest $30 million in Fayetteville
Goodyear Tire & Rubber Co has confirmed that it is planning to plough $30 million into its Kelly-Springfield plant in Fayetteville, North Carolina. .
Wheels
Goodyear Tire & Rubber Co has confirmed that it is planning to plough $30 million into its Kelly-Springfield plant in Fayetteville, North Carolina. .
According to the US Tire and Rim Association the number of auto tyre sizes has jumped 120 per cent since 1991 to 249 different sizes. The association claims that 82 per cent of this growth has come in rim sizes of 17 inches or more and it believes the increase is due to the automotive industry’s passion for performance.
Statistics show that about 59 per cent of the increase run in rim diameters of 18 inches or more. However, the total number of tyre sizes actually decreased last year due to a sharp fall in 13 and 14 inch sizes. The number of 15 and 16 inch tyre sizes has also levelled out in that time.
The demand for high performance tyres with their wide, low profile stance is inspired by motorsports, says Warren Croyle, marketing manager for Dunlop tyres in North America. As the industry has increasingly fitted HP tyres as original equipment on everything from the sports coupe, to the family sedan, the effects have had a dramatic impact on the tyre industry and tyre buyer alike, explained the company representative.
As high performance tyres have become increasingly important to consumers so have they to manufacturers. “Dunlop sizing, in particular, enjoys an advantage as the industry trend continues toward lower profile applications,” said Mr Croyle. “We’re well-positioned now, and we plan to introduce even more low profile sizes this year and next. Using technology derived from Dunlop’s experience with low-profile race tyres, engineers are finding new ways to improve the handling capabilities of today’s high performance automotive fleet.”
The tyre manufacturer claims that growth among 17 and 18 inch wheels is slowing. It predicts that by 2008 18 and 20 inch tyre sales will amount to 6 million units; however, 22 and 24 inch sizes are expected to be the fastest growing sizes.
Pirelli have partnered with DUB magazine to sponsor the ‘Nelly Golden Ticket Album Contest.’
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As high-street retailers report a wet August and rising interest rates hit consumer sales generally, the Motor Cycle Industry Association (MCI) today released figures indicating a rise in new bikes sales.
Only two years after its foundation, Cevher Alloy Wheels (Izmir, Turkey) has achieved the impressive feat of becoming an original equipment (OE) manufacturer of aluminium casting wheels. The company’s first assignment will be producing wheels for the Volkswagen T5, followed by a contract to work with Ford in the company’s Turkish car plant. In a promising development for the company, there have also been discussions with BMW. The acceptance of the company into the OE ‘circle’ is down to years of OE experience producing a range of other aluminium car parts says group president and CEO, Haluk Oezyavuz.
At the beginning of October Mercedes’ new CLS-Class range will make its market debut. From Mercedes’ point-of-view the new cars represent the bridge between “the elegance and dynamics of a Coupé and the practicality of a saloon.”
The Italian aluminium wheel brand, OZ, is known worldwide for its involvement in motorsports. It is equally well known in the aftermarket because of its good reputation. But, in recent times there have been many fears that Italian companies couldn’t compete in European market, where high quality and low prices are paramount. Now, at thirty years old, the company has experienced the sharpest turnaround in its history. A turnaround that the management believes has a lot to do with its acceptance of Japanese Kaizen Philosophy. To download this article as a PDF file, click here.
A team made up of tyre fitters from Elite Garages of Horsham and Broadway Tyres of High Wycombe demonstrated their high speed skills by winning Michelin F1 Pitstop Challenge at the Goodwood Festival of Speed.
Honeywell International is to provide wheel and brake repair and overhaul services for American airline Evergreen International’s entire fleet of aircraft.
“This agreement is a great example of Honeywell’s capabilities to provide the right value for our customers through superior support and low-cost solutions,” says Peg Billson, Honeywell aircraft landing systems VP and general manager. “We are pleased to provide Evergreen with a comprehensive repair and overhaul service package to support their complete wheel and brake requirements.”
The service agreement will provide the airline with significant maintenance cost savings for its current fleet of 10 747s and five DC-9s. The contract will also include all labour and materials for wheels and brakes, as well as tyre management, and logistic services. In addition, Honeywell will provide distribution to and from more than 10 domestic and international operations.
BMW is due to present the next generation of its popular 3 series by the beginning of next summer. The 3 series will entered the market in four different versions. Of these, three will use 205/55 R16 and 7×16 wheels and the high performance version will use 225/45 R17 with 8×17 wheels.
German wheel manufacturer BBS AG is pleased again with the success of Scuderia Ferrari and Michael Schumacher. After the constructor’s championship was secured at the Hungarian Grand Prix, the manufacturer was confident that Michael Schumacher could do what no other Formula one driver has done before and become world champion for the fifth consecutive time. Schumacher’s seventh Formula One championship was confirmed with his second place podium position at the Belgian Grand Prix.
Ferrari supplier BBS has said that it is proud to have contributed its extremely light and sturdy forged magnesium wheels to all seven world champion titles. The development partnership with Ferrari obviously inspires the Schiltach, Black Forest, engineers as each year they contribute innovative ideas to the success of the Scuderia.
BBS has released its consolidated first-half sales figures, which hold steady at 89.6 million euros. Growth outside Germany has seen the sales increase from the previous year’s figure of 89.4 million euros. However, due to dwindling business inside Germany EBT amounted to a mere 1.9 million euros.
In Germany, business volumes fell 3.4 per cent from 50.2 million euros to 48.5 million euros. Outside Germany, the wheel manufacturer boosted sales by 4.9 per cent from 39.2 million euros to 41.1 million euros. As a result, its share of sales outside Germany rose from 43.8 per cent to 45.9 per cent of its total sales.
It was no coincidence that Pirelli selected the world’s southern most urban extremity, Ushuaia, Argentina, to launch its new Winter Sottozero tyre. The latest addition in its Planet Zero range, the company claims that the tyre is its “most extreme ultra high performer to hit the market.”
The tyre manufacturer considers itself to be a “global leader in ultra-low UHP tyres.” And so, the launch of its new tyre, to satisfy the increasing demand for high performance driving in winter conditions, was hardly unexpected. The tyre is being marketed as “the first real dual-season winter tyre.” Its significance comes from its ability to handle severe road conditions, the company boasts: “Sottozero does, in fact, represent a new concept: to ensure the maximum level of performance and safety in all the extreme situations that winter often imposes on the roads.”
Sottozero is designed to serve from the end of October, until the beginning of April, whatever the conditions, whatever the car. This is a big statement by the Italian company, and suggests its confidence in the tyre’s future success. It even goes as far as to compare it to the most technically advanced summer tyres. However, its description as a ‘fall and winter’ tyre is somewhat contradicted by its name; as Sottozero, ‘below zero,’ brings the reference back to snow and ice. While it may have been popular in Germany this will certainly limit its appeal in markets such as the UK.
The words on everybody’s lips this year are high performance winter tyres. Pirelli is no different, and claims to have experienced a 38 per cent increase each year, in the amount of HP tyres sold. It also maintains that, over the last five years, there has been a 12 per cent increase in demand for V rated tyres; whilst sales of H index tyres have levelled out, and only rose by 10 per cent in the same period. This shows an outstanding development in the market, when winter tyres were first launched they were only available in Q and S ratings.
In light of this research, rim dimensions are a major concern of the new tyre. The company believes that this is high amongst consumers’ priorities because it means they no longer have to change down to smaller wheels in order to achieve maximum safety on ice and snow. Drivers can now utilise the same rims for good and bad weather motoring. To satisfy this demand, the new tyre range offers a portfolio of sizes that ranges from 15-19 inches, and includes the 19 inch directional-asymmetric pairing that is used as original equipment for the Lamborghini Gallardo. All sizes are available with speed ratings up to V. As well as pleasing the HP driver, the possibility to fit winter tyres to wider rims will also be welcomed by style connoisseurs, whose modern sports cars necessitate wide rims and tyres with lower shoulders.
Pirelli claims 4.5 per cent of the $75 billion total world tyre market, and is predominantly based in Europe, where 45 per cent of its business is conducted. According to the company, the total European winter passenger car tyre market has risen 89 per cent in the last 10 years; from a 13.1 per cent share of the overall tyre market in 1993, to 24.7 per cent in 2003. This equates to sales levels of 18.5 million winter tyres in Europe in1993 to 45.7 million in 2003. The market segment (snow tyres) in which Pirelli’s new tyre will be launched, amounts to over 19 million tyres in Europe alone. With a market of this size there is little doubt that a demand for the product exists.
Amcast Industrial Corporation has completed the sale of its Aluminum Components business assets. The sale, which was made to Park-Ohio Holdings Corp, included the company’s Wapakoneta Ohio, Richmond Indiana and Cedarburg Wisconsin plants.
The manufacturer’s remaining businesses now include Aluminum Wheels, Squeeze-Cast Components and Lee Brass.
Hayes Lemmerz International has formed an aluminum wheel joint venture in Manisa, Turkey. The new company, Jantas Aliminyum Jant Sanayi ve Ticaret AS (Jantas Aluminum Wheels), will predominantly serve the Turkish market, but will also deal with other European markets. Production is scheduled to begin at the end of 2005 and it is estimated that it will produce up to 1.5 million wheels annually.
Three companies are involved in the business venture; 40 per cent will be owned by Hayes Lemmerz, 35 per cent by Cromodora Wheels and 25 per cent by Inci Holding A.S. Financial. The terms of the deal have not been disclosed.
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