While the vast majority of the UK’s tyre production and retreading capacity refers to trucks and a relatively small amount of car tyre retreading still takes place as well as some specialist earthmover retreading, one of the nation’s largest retreaders makes aircraft tyres. Dunlop Aircraft Tyre Ltd or DATL as it is known has demonstrated strong growth in recent years and is majority-owned by private equity. Put the two together and it begs the question – is Dunlop Aircraft Tyre Ltd (DATL) up for sale?
Oliver Rubber Company, LLC has launched the ORCO HS Trailer, a trailer-position retread for regional and long-haul applications. "The ORCO HS Trailer delivers a cost-efficient solution for single- and tandem-axle trailers in this new, modern Oliver product," said Adam Murphy, vice president of marketing for
In the USA, the Transportation Department has issued a set of guidelines covering driverless and autonomous cars, one of which is that such vehicles are required to be fitted with a ‘black box’, similar to those used in aircraft, to record details should the car be involved in a crash. President Barack Obama commented on the guidelines in an article in Pittsburgh’s Post Gazette newspaper. Pittsburgh, incidentally, is the city where Uber is trialling driverless technology.
A new Michelin subsidiary has been set up to facilitate the expansion of the company’s activities within China’s aviation segment. Frank Moreau, president of Michelin Aircraft Tyre, describes the establishment of Michelin (Shanghai) Aircraft Tire Trading Co. Ltd (MSAT) as “an important step” for the Michelin’s aviation tyre business in China.
Associations including IAM Roadsmart and the European Tyre and Rubber Manufacturers’ Association (ETRMA) have been marking EDWARD “European Day Without A Road Death”. For its part ETRMA has been doing this by informing drivers on the importance of tyre choice and service conditions to improve road safety across Europe.
The creditors who hold a 42 per cent share in Kumho Tire are said to have begun the process of selling the tyre maker. Reuters reports a spokesperson for Korea Development Bank, the largest Kumho Tire shareholder, as giving November or thereabouts as the deadline for initial letters of interest, with main bids coming in or around January. Credit Suisse has been appointed to manage the deal.
The Independent Automotive Aftermarket Federation (IAAF) has revealed its theme, ‘How to survive and thrive – post Brexit’, for its annual conference, aiming to address arising issues following the aftermath of the recent European Union (EU) referendum and produce a lively debate for conference guests. The conference, held at the ICC in Birmingham on 15 December, will be facilitated by John Sergeant, the well-known BBC television and radio journalist, and BBC’s chief political correspondent from 1992 to 2000.
The European Parliament’s car emissions inquiry urgently needs more information from the EU Commission, it says in a recent resolution. Half-way through its mandate, the Committee of Inquiry into Emission Measurements in the Automotive Sector (EMIS), has yet to receive some Commission documents on emission measurements and details of expert group work on vehicle type approval procedures, notes the text. The inquiry’s final report is due in spring 2017.
Norway continues to lead the global market for electric vehicles, according to the most recent plug-in electric vehicle (PEV) index from IHS Automotive, part of business information provider IHS Markit (Nasdaq: INFO). Plug-in electric vehicles are defined as either a pure Battery Electric Vehicle (BEV) or a Plug-In Hybrid Vehicle (PHEV).
Triangle Tire’s initial public offering (IPO) got underway as planned on 9 September with the company becoming a public traded entity on the Shanghai Stock Exchange. The listing became active 10 September 2016 following approval by the China Securities Regulatory Commission (CSRC) on 19 August 2016.
The Volkswagen Group reports that it is expanding its artificial intelligence (AI) work in order to “not only with a view to using this key technology in the field of autonomous driving and in production, but also to speed up corporate processes”. To that end, Prof. Patrick van der Smagt will be joining the team of AI experts and data scientists at the Volkswagen Group’s Data Lab in Munich from October, and will lead the AI team. Van der Smagt is Associate Professor at Technische Universität München and one of Europe’s leading experts in deep learning and robotics.
ZC Rubber has provided Goodride CM998 tyres in size 12.00 R20 to the Lower Kafue Gorge Hydraulic Power Project, one of the largest projects in Zambia, operated by China’s Sinohydro Bureau 11 Co., Ltd. The deal marks the cooperation between ZC Rubber and Sinohydro aboard.
Point S France and Siligom have joined forces in the creation of a new group which represents 650 retail outlets, 500 independent entrepreneurs, 4,000 employees and a consolidated turnover of roughly 580 million euros. The businesses offer tyres and maintenance for passenger cars as well as for trucks, agricultural and earthmover vehicles.
Despite being a latecomer to India’s truck and bus radial (TBR) tyre market, Apollo Tyres says it currently produces one in every four TBR tyres sold in the country. The tyre maker has now stated its intention to “move from leadership to dominance in the fast-growing TBR segment,” and aims to achieve this dominance through capacity increases scheduled to kick in before the end of this year and by introducing several new product lines.