Sweden’s Trelleborg AB has reported a 5.8 per cent increase in net sales in the third quarter of 2013, with acquired business contributing some two per cent towards this result. Company president and CEO Peter Nilsson commented that Trelleborg “achieved these healthy earnings despite weaker market trends for several market segments and thus a slight fall-off in organic growth.”
Treadsetters (Part of the TIA Group) won the best stand award at this year's Brityrex 2014 Show. Having gone with the primary objective of promoting the company's high tyre and wheel brands, winning the award was described as an “unexpected bonus”.
Chicago Pneumatic has announced plans to premier new range of cordless tools for the vehicle service industry at SEMA 2014. Visitors to the booth will be able to try the tools and see first-hand just how powerful and easy to use they are. The company is also previewing its workshop equipment range, which will be available in 2015, as well as showcasing new tools in its pneumatic range of impact wrenches.
This year’s DTM season came to an end over the weekend, and the series organiser concedes that fans “weren’t 100 per cent satisfied” with the touring car championship in 2014. The first half of the season was a particular concern and Hans Werner Aufrecht, chairman of DTM rights holder and promoter, ITR e.V, says a number of measures will be introduced to add more pep to DTM races. One step that has already been decided upon is dropping the option tyre in 2015.
Vacu-Lug tyres has been supplying UK recycling operator Viridor for 30 years. According to the retreader and tyre management specialists, Vacu-Lug has been providing tyre supply/support as part of Viridor’s long-term contract with the Greater Manchester Waste Disposal Authority.
The founder and CEO of the Alliance Tire Group has been honoured in Forbes India’s Leadership Awards 2014. Yogesh Mahansaria was one of nine Indian entrepreneurs selected by the publication as being outstanding in a particular field. Forbes India gave Mahansaria the ‘NextGen Entrepreneur’ award for “harnessing the competitive advantages of Indian and Israeli assets, and scaling up a niche B2B business globally by paying close attention to end users across geographies.”
Here in Europe and in other major markets such as Japan, Korea and the US tyre labelling has been the subject of intense discussion for some time. However, if the local news reports are anything to go by, the UAE appears to be taking the concept to the next level with the introduction of smart RFID “tags” which feature both an RFID chip and visual label including a QR code.