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ETRMA: Tyre sales down in Q2 2016

Monday 17th July 2017 | 0 Comments

The European Tyre Manufacturers’ Association (ETRMA) reports a sluggish second quarter of 2017. According to the association, members’ sales “slowed down significantly” during the three months to 30 June compared with the first quarter of the year, and were also below sales achieved in the second quarter of 2016. Performance in all segments was negative, however this trend was particularly strong in the consumer segment.

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Sailun raises 10,000 euros for World Child Cancer charity in Bologna

Friday 14th July 2017 | 0 Comments

During May’s Autopromotec 2017 in Bologna Sailun held a prize draw, and received customer donations and pledges of over 5000 euros, which Sailun matched to make a donation of 10,000 euros to the World Child Cancer charity.

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Acquisition ugliness: Kumho Tire execs threaten mass resignation

Friday 14th July 2017 | 0 Comments

Qingdao Doublestar Tire’s bid to acquire 42.01 per cent of South Korean tyre maker Kumho Tire is developing into a drama of the sort not witnessed since a stubborn Cooper Chengshan Tire helped derail Apollo Tyres’ purchase of Cooper Tire & Rubber. Business Korea writes today that 41 Kumho Tire executives, including chief executive officer Lee Han-seob, intend to resign should Kumho Tire’s creditors sell the share to Doublestar.

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Tyrepac enters the Thai market

Friday 14th July 2017 | 0 Comments

Tyrepac reports that it has launched Thailand’s first online tyre portal together with Toyota Group member Toyota Tsusho and Bangkok-based automotive supplier Manoyonchai Co. Ltd.

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Tyrexpo India: 2,000+ visitors to 2017 show

Friday 14th July 2017 | 0 Comments

The three-day Tyrexpo India trade fair concluded yesterday, and organiser SingEx Exhibitions reports the attendance of 2,017 trade visitors at the show in Chennai. There they met with close to 80 exhibitors from 30 countries and participated in added-value programmes such as the TyreTalk/GarageTalk seminars and Tyrexpo/GarageXpo technical workshops. SingEx comments that the seminars and workshops were well received.

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Linglong Tire partners in China’s first 3D printed tyre project

Friday 14th July 2017 | 0 Comments

Joint developmental work between Shandong Linglong Tire and the Beijing University of Chemical Technology recently bore fruit with the successful production of 3D printed polyurethane tyres. The tyre maker comments that this 3D tyre printing is a first in China.

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Kwik Fit opens 10th branch in Hungary

Thursday 13th July 2017 | 0 Comments

Kwik Fit has begun automotive repairs and servicing at its 10th location in Hungary, with the addition of a new centre in Kecskemét. The opening ceremony for the centre was performed by Olympic medal winning wrestler Norbert Növényi and István Bogasov, Kecskemét city councillor, who joined centre owner Gyorgy Meszaros to mark the start of operations. Gyorgy Meszaros is running the Kecskemét centre under a franchise agreement with Kwik Fit Hungary. Meszaros has operated a car dealership on the site since 2003 and saw a Kwik Fit franchise as a way to offer customers a full range of automotive maintenance and repair services under an internationally respected brand.

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One Tote, One Tree – Accella reports on replanting project

Thursday 13th July 2017 | 0 Comments

Accella Tire Fill Systems isn’t just responsible for seeing tyres filled with polyurethane liquid – it’s also filling forests in the USA with trees. To be precise, it has completed another year in its ongoing dedication to planting new trees in partnership with American Forests, the nation’s oldest non-profit conservation organisation.

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Hamaton expanding to accommodate North American market growth

Thursday 13th July 2017 | 0 Comments

TPMS specialist Hamaton Ltd states that since opening last November, its North American headquarters – Hamaton Inc. – has achieved strong first-year growth. This growth, it adds, has accelerated rapidly in recent months following the acquisition of a number of new customers.

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Membat offers workshop seminar to customers

Wednesday 12th July 2017 | 0 Comments

Membat has decided to organize a training day for its official distributors in Spain, as well as for its customers.

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Promoteon establishes three-digit million funding lines with 8 international banks

Wednesday 12th July 2017 | 0 Comments

Prometeon Tyre Group has arranged an inaugural 600 million euros of credit facilities consisting of 450 million euros of term facility and a 150 million euros of revolving facility. The new credit facilities mature on March 2020, with two one-year extension options. According to Prometeon, the credit facilities secure the firm’s “financial independence and autonomy following its separation from the Pirelli Group and optimise the company’s capital structure”.

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Sentury Tire chooses SSOE for US plant design

Wednesday 12th July 2017 | 0 Comments

Engineering, architecture and construction management firm SSOE Group has been selected to design the new Sentury Tire manufacturing facility and North American headquarters in LaGrange, Georgia.

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Marangoni signs Finland Ringtread partnership with Lujakumi Oy

Wednesday 12th July 2017 | 0 Comments

The Marangoni Ringtread system is entering “new territory” with the signing of Finnish retreader and Point S member Lujakumi Oy has signed up as a Marangoni partner. Based in Pori on the country’s west coast, Lujakumi Oy has been in the retreading business for more than 60 years, and look forward to the new partnership agreement.

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Latin America debut for Davanti tyre range

Wednesday 12th July 2017 | 0 Comments

Sales of Davanti tyres are growing in Europe, and last month the team behind the brand announced a new partner had taken on the brand’s distributorship in the Middle East region. Now, Davanti Tyres has a firm eye on Latin America; following the brand’s presence at the Latin American & Caribbean Tyre Expo in Panama in June, a deal has been struck for the distribution of Davanti tyres in the Colombian market.

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Zonecross – Bridgestone’s new truck tyre brand for China

Wednesday 12th July 2017 | 0 Comments

A launch was held in Shanghai last month for a new truck tyre brand that Bridgestone has developed specifically for the Chinese market. Zonecross is the name these products carry, and the brand is available in a launch portfolio of eight products for both high-speed motorway and short-distance mixed road use. Bridgestone (China) Investment Co., Ltd. will bring the new tyres to market in August.

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