Sales at Hankook Tire declined 11.2 per cent year-on-year to KRW 1,661.5 billion (£954.4 million) in the first quarter of 2014. The UHP tyre segment accounted for 30 per cent of the company’s consolidated sales in the quarter, noted the South Korean tyre maker. Operating profit decreased 7.4 per cent to KRW 251.2 billion (£144.3 million).
Responding to Vince Cable’s announcement on plans to begin trials of driverless cars in the UK next year, motor insurance industry-established automotive research centre Thatcham Research said that while fully driverless cars “are an exciting glimpse of the future with substantial potential to improve road safety,” it opines that the UK car fleet “has a long way to go” before the technology should be unleashed on the motoring public.
In its final determination on the tyre design patent infringement complaint that was filed by Toyo Tire & Rubber Co., Ltd. and Toyo Tire Holdings of Americas on 20 September 2013, the US International Trade Commission issued limited exclusion orders and cease-and-desist orders to the eight remaining respondents. These orders prohibit them from importing or selling any infringing tyres. Each respondent was found to be in default and in violation of the law prior to the 28 July determination.
Dunlop Motorsport has added its first temperature-controlled trailers fitted with Carrier Transicold Vector 1550 units to its fleet to preserve the integrity of its racing tyres whilst in transit. Carrier Transicold, which operates in the UK as Carrier Transicold UK, helps improve global transport and shipping temperature control with a complete line of equipment for refrigerated trucks, trailers and containers.
Vipal Rubber clients have held a joint event with Turkish distributor Tatko in Serbia to celebrate recent sales successes in the region. Tatko is responsible for distributing Vipal and Ruzi products in Turkey, Ukraine and other countries in Central Asia, and the Belgrade event reflects Vipal’s emphasis on its partner relationships, the Brazilian retreading company states.
The Lexus Group has selected Yokohama tyres as original equipment for its new crossover SUV, the Lexus NX. Exact fitments will vary according to region, however worldwide the tyre maker is supplying two models of tyre in a total of three sizes. The Yokohama tyres selected for the Lexus NX are the BluEarth E51 in size 225/60R18 100H and the Geolandar G91 in sizes 225/60R18 100H and 225/65R17 102H.
When the news broke that Unipart had entered administration, it will have been something of a blow for the 1800-odd “loyal” employees of the company. Indeed the only good thing for employees was the end of the speculation roller coaster than began with managers suggesting a rescue could come in 36 hours, followed by reports that Euro Car Parts was a front runner, and finally the announcement two weeks later that nothing could be done for the company. But what about staff?
The Government has announced plans to raise the speed limit for lorries on single carriageway roads to 50 mph and the move has generated diametrically opposed views. On the pro side, Transport minister Claire Perry says that the move is part of a package of measures to cut congestion, reduce dangerous overtaking and help get the country moving. Brake, the road safety charity, has expressed serious concerns about the proposed limit increase and the announcement comes as a survey by Brake and Digby Brown solicitors reveals the extent of risky driving on country roads.