Michelin reports a year-on-year rise in its net sales, operating income and net income in the first half of 2015. Net sales rose 8.5 per cent to €10.5 billion in the six months to 30 June 2015. Operating income increased 8.9 per cent to €1.3 billion, while operating margin remained constant at 12.0 per cent. At €707 million, net income was up 13.3 per cent year-on-year.
According to a white paper issued by the Institute of Advanced Motorists’ (IAM) Drive and Survive division, drivers who cover high mileages are the category of road user most likely to think speed cameras have ‘little or no influence’ in reducing road casualty numbers in the UK. The paper, titled Speed Cameras – The Views of High Mileage Drivers, also found 28 per cent of high-mileage drivers have a negative view of speed cameras – ten per cent more than other drivers. More than half the high-mileage drivers surveyed for the paper also viewed speed cameras as little more than a ‘money making tool’ – more than another category of road user.
Yokohama Rubber has confirmed its participation in the Gaikindo Indonesia International Auto Show 2015, which will take place in the Jakarta ‘new town’ of Bumi Serpong Damai between 20 and 30 August 2015. The tyre maker will be represented by its local sales agent, PT YHI Indonesia, and will display its consumer tyre portfolio. A panel of players from Chelsea FC will also appear at the Yokohama booth during the show to promote the company’s partnership with the Premier League football club.
Dunlop riders claimed wins and podiums across the board at the FIM Motocross World Championship Czech Republic grand prix, with Italy’s Kiara Fontanesi claiming the Women’s title on her Yamaha. Dunlop’s Geomax MX32 medium terrain tyres helped the Dunlop riders with five finishing in the MXGP top-ten.
Vipal representatives gave a presentation on reusing raw materials, especially considering the technology used by the company in this respect during the recent International Rubber Conference 2015 in Nuremberg, Germany.
Less than eight months after its North American market launch, BFGoodrich Tires reports having sold more than one million All-Terrain T/A KO2 tyres. An initial range of 12 sizes was brought to market in November 2014, and the current line-up of 40 sizes will grow to more than 61 sizes when the range expansion is completed in the coming months.
Aeolus Tyres Europe aims to grow within the passenger car, SUV and van tyre segments, and in order to do is appointing managers in various European markets to support the tyre maker’s local partners. The first of these new hires has now been named – Marc Wolf has taken on the role of national retail development manager for Aeolus Tyres Europe’s German-speaking markets. The company says it will report on appointments for other Western European markets “in due course.”
The Greek people just voted “no” in their recent referendum on whether to accept bail-out terms that would have meant tougher austerity measures for the domestic economy. At the time of going to press, the consensus is that this move will be interpreted as a no to the euro and it has prompted much speculation that Greece will be forced to leave the eurozone, return to the drachma, create a new currency and/or some combination of the above. Of course, any economic change of this scale is bound to have an impact on the way business is done across European boundaries. But as well as the direct practical implications, a number of key features of the saga provoke wider comparisons.