Russia’s Rosneft, indirect 13 per cent shareholder in Italian tyre maker Pirelli, has commented on the decision by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) to include it on the new sectoral sanctions list. The oil company was one of four energy sector companies added to the list on 16 July 2014; the sanctions were announced in response to unrest in Ukraine but were put in place before the crash of Malaysian Airlines MH17. Under the terms of the sanctions, US citizens can not undertake certain dealings with Rosneft and the other firms, and they will not be able to obtain medium or long-term lending from the US.
Italian brake firm Tarox has released details of its new front brake conversion for the highly acclaimed 2013 Ford Fiesta ST. The first Fiesta ever to feature rear disc brakes, and with a factory-approved upgrade that raises its power output from 180bhp to 217bhp this car would appreciate some front disc brakes too.
Moves by United States trade authorities towards reintroducing duties on certain Chinese tyres have been applauded by the union representing many US tyre industry workers, yet China says this not only contradicts international trade rules and national law, but any new antidumping or countervailing duties that emerge from current investigations will also fail to achieve their intended result.
Nico Rosberg has extended his Formula One championship lead by winning his home grand prix, using a two-stop strategy with one stint on the P Zero Red supersoft followed by two stints on the P Zero Yellow soft tyre. It was the first time that Rosberg had ever finished on the podium at the German Grand Prix, but the 300th podium finish for Williams, courtesy of Valtteri Bottas – on the podium for the third consecutive time.
David Wilson has stepped down from his role as Director of the UK’s Retread Manufacturers Association, a role he has filled since January 2005. He will now be taking the opportunity to focus on the management of his publishing interests including Retreading Business, Tyre & Rubber Recycling and Commercial Tyre Business.
Following its global preview at the CV Show in April, the size 385/65 R 22.5 version of Michelin’s X Multi T trailer tyre has been launched across Europe. The new regional super single replaces the same-size XTE3, a tyre that has sold more than four million units in Europe since its launch in 2007. The X Multi T is available as both original equipment and on the replacement market in the UK and Ireland, through the ATS Euromaster and independent Michelin Truck Professional networks.
Mirko Kraus, who was previously responsible for commercial vehicle tyre media and public relations in Goodyear Dunlop’s ‘DACH’ markets – Germany, Austria and Switzerland – has been appointed the company’s new “Communications Manager Commercial PBU Europe, Middle East and Africa.” In his new role, Kraus extends his commercial segment responsibility to Goodyear Dunlop’s entire EMEA region.
In this month’s magazine (July 2014), as well as our the conclusion of our comprehensive review of the Essen Show (see page 40 onwards) plus features on manufacturing (from page 24) and batteries (page 8+), we report on the potential “Return of US tyre import tariffs” (on page 30). Reading this article, you could be forgiven for thinking you had stepped into a time warp to 2009 where proceedings followed a very similar course. This time round, the potential implementation of a second round of import US import tariffs aimed squarely at China have fermented rumours about whether anything similar is likely to happen in Europe. So will it?