Singapore-based Stamford Tyres has posted a S$4.85 million (£2.36 million) profit in the second quarter of its current financial year, a marked contrast to the $2.97 million loss reported a year earlier. Revenue for the three months to 31 October 2013 amounted to $71.5 million (£34.8 million), down 12.1 per cent year-on-year. The company says the lower revenues are mainly attributable to weaker export sales of Sumo Firenza tyres and mining tyres.
A Wiltshire-based rubber research and development specialist is working with Canadian Tire to develop a tyre that changes colour when winter tyres are needed. The retailer approached Artis, the firm created as a result of the reorganisation of Avon Rubber in 2007, and tasked the Melksham company to develop such a product. It has now produced a concept tyre featuring a sidewall that changes from white to a vivid blue at 7°C.
Many forward-thinking garages now offer nitrogen tyre inflation as an additional service to customers, but it’s safe to say that the inflation performed by Nie Yongbing would draw bigger crowds. The 63-year old from China’s SichuanProvince is able to inflate car tyre inner tubes using his nostril. During a demonstration held on 6 December, Nie inflated four inner tubes using this unique method in just 20 minutes.
Taiwan’s Federal Tyres has signed up as title sponsor of the ‘King of Europe’ drift series. The tyre maker will give its brand name to the King of Europe Street Legal and the Queen of Europe Ladies League for the 2014 season and will also be the official tyre sponsor.
Five years into a partnership with Tatko Otomotiv Group, rubber and retreading material supplier Kraiburg is celebrating increased market share in Turkey. According to the company, the Turkish market for HGV retreads is of paritcular strategic importance to Kraiburg Austria, with an annual volume of around 9,000 tonnes of material.
Apollo Tyres has announced the introduction of the Vredestein brand in India. Four ranges from the Dutch tyre maker will initially be available there - the Ultrac Sessanta, Ultrac SUV Sessanta, Ultrac Cento and Sportrac. These will be sold in a range of sizes for 15 to 20-inch rim diameters. The Vredestein range sold in India will complement the existing Apollo passenger car range, Apollo Tyres states.
The European Automobile Manufacturers’ Association (ACEA) has elected PSA Peugeot Citroën CEO Philippe Varin as its new president. Varin’s appointment to the role was made following an ACEA Board of Directors meeting on 6 December; he will lead the ACEA until the end of his mandate as CEO of PSA Peugeot Citroën. The Board will announce Varin's successor at that time.
Goodyear Europe, Middle East and Africa (EMEA) published the findings of a new research project it undertook with the European Driving Schools Association (EFA) on 27 November. Alongside the research, Goodyear EMEA published a Road Safety White Paper – “Driving Safety First: Improving Road Safety For Novice Drivers”. The White Paper was introduced and discussed at a panel debate of the European Transport Safety Council in Brussels today.