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Monday 11th December 2017
The end in Anagni – Marangoni explains why it’s leaving the new tyre business
Also in today's Newsletter:
  • Conti: Labelling beginning to have an effect
  • Truck tyre replacement demand up 14 per cent
  • One-piece carbon fibre wheels on-show at Autosport International
  • India’s govt needs to study road accident causes, says Michelin manager
  • Subaru UK offers free winter tyres and wheels to BRZ buyers
Scroll down for more news...
For Italy’s Marangoni Group, the decision about the future of its new tyre production plant in Anagni (near Rome) and its 400 employees was not an easy one to reach.  Yet after many years of losses running into the millions and no prospect of this improving in the future, in September the company penned the final chapter on its almost quarter-century long engagement in new tyre production – and despite the difficult nature of this decision it comes as a weight off the shoulders for Marangoni’s management, and they are sanguine about devoting all their attention to the core retreading business in future and making strategic investments there.
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Titan International to pay half cent dividend for Q4 2017

The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of US$.005 (one half cent) per common share for the fourth quarter of 2017. The cash dividend is payable Tuesday 16 January 2018 to stockholders of record on Friday 29 December 2017.

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Cooper tyres OE on HSV Colorado SportsCat

Australia loves a good ute, and perhaps none so much as an HSV ute. The latest to emerge from the Holden Special Vehicles facility in Melbourne is the Colorado SportsCat. Sales are scheduled to begin early next year, and when customers receive their new HSV Colorado SportsCat, it will be riding on Cooper Zeon LTZ Pro tyres.

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Official opening for Linglong’s 1st Atlas tyre centre in China

The establishment of Atlas as Shandong Linglong Tire’s flagship tyre brand in China has been further reinforced by the opening of the first Atlas-branded retail outlet within the country. The centre in Guangzhou aims to meet the “highest industry standards” in regards to design, equipment, products, service, scale and professionality, comments the tyre maker.

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Site testing for Belshina giant tyres

The entry of Belarus-based tyre maker Belshina into the giant tyre market comes another step forward with the successful testing of the 57- and 63-inch tyres at quarry sites. The tyres were fitted to 360 and 450 tonne payload BelAZ dump trucks; Belshina has been approved as an original equipment supplier to the manufacturer, whose BelAZ 75710 is said to be the highest capacity haul truck in the world. Belshina reports that the results of these operational tests are a prelude to volume production.

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Rally success a highlight of Kumho’s motorsport year

A great deal of serious rallying takes place in Ireland, continually reminding us of the wealth of natural driving talent that exists on the island from which Paddy Hopkirk MBE emerged all those years ago. The conditions are often wet and slippery, and Kumho Tyres says this is a medium in which its competition tyres have frequently proved themselves the cream of the crop, adding that they often did once again in 2017.

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Michelin guide coming to Guangzhou

Following on from its release of a publication for Shanghai last year, Michelin has announced it will extend Michelin Guide coverage to a further city in China. A Michelin guide for Guangzhou will be available in 2018, and Michelin says it will allow everyone – locals, tourists, and business travellers alike – to benefit from the inspectors’ recommendations whatever their desires, tastes and budgets may be. The guide for Guangzhou will be the world’s 31st Michelin guide selection and the seventh in Asia, excluding Japan.

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Layoffs at Cooper Tire in North America

Cooper Tire & Rubber reports that it has laid off around 80 salaried employees in North America. Approximately 60 of these were located at the company’s Findlay site, and the remainder in Texarkana and Tupelo. According to a statement issued by the tyre maker, these job losses come as part of a reorganisation of certain departments within the company in order to “best position” it for “long-term profitable growth.”

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Hankook names new president & chief executive

Soo-Il Lee has been appointed president and chief executive officer of Hankook Tire, effective 1 January 2018. He takes over from Suh Seung-Hwa, whose retirement has been announced.

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Charles Hurst Group appointed Banner Distributor in Belfast

Banner Batteries has appointed the Charles Hurst Group as official distributor in Belfast in order to further develop its already established presence in Belfast.

Commenting on the newly-established association with Banner Batteries, Cyril Morrison, Parts Manager at Charles Hurst Group, said: “We set our sights on dealing with a manufacturer that had an established and prominent OE pedigree and one that could deliver on quality. As a result, and having looked at a number of possibilities, it was Banner Batteries that interested us most. Not only do they supply their batteries as original equipment to many of today’s leading car and CV manufacturers, our research clearly demonstrated that their products are proven in terms of their performance. We are therefore optimistic that their products will be well received across our customer base.”

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Falken to launch latest summer tyres at Equip Auto 2017

Falken plans to launch its latest summer tyres during its debut as an exhibitor at the Equip Auto trade show in Paris (17-21 October 2017). The new Ziex ZE310 Ecorun summer tyre, available from spring 2018, will be launched as the successor to Falken’s Ziex ZE914 Ecorun. Falken says the new tyre offers outstanding traction and grip on both wet and dry roads coupled with low wear.

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Point S opens first store in Malaysia

On 5 October (the day after Chinese mid-Autumn festival) Point S auspiciously opened its first store in Petaling Jaya, Malaysia a short 30 mins drive from Kuala Lumpur city Centre.

The news comes barely after Malaysia’s public listed GIIB group signed on as a licensee of Point S Malaysia. GIIB group, is known for its “Supercool” brand of retread rubber.

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Triangle launches new mobile crane tyre

Triangle has launched its new generation TB586 tyre pattern for mobile crane applications. The adaptable machinery used in different building projects such as construction of houses, buildings, airports and roadways, requires versatile tyres to allow operation in a number of different environments. The latest mobile cranes now operate at higher speeds too. Therefore Triangle’s new F speed rated TB586 allows for operation at speeds up to 80km/h.

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Goodyear ups common stock dividend by 40 per cent

The Goodyear Tire & Rubber Company has increased the company’s quarterly common stock dividend to 14 cents per share from 10 cents per share. The 40 per cent dividend increase represents an annual rate of 44 cents per share for 2017 and 56 cents per share for 2018.

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Online sales an extension of Stapleton’s founding ethos

When Sydney Stapleton set up his business in a simple shop parade at 195 High Street, Watford in 1937 he was one of a number of businessmen taking advantage of the growing market for tyres. Growing his business through the 1950s and ‘60s, his personal renown as one of the industry’s most dynamic characters and an entrepreneur of considerable foresight followed. The location of its headquarters in the vicinity of the M1 is testament to this – in the 1960s Stapleton’s supplied replacement earthmover tyres used to build the Watford-Milton Keynes stretch of the motorway.

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MTS eyes mid-range opportunities as prices rise, develops e-commerce offering

The reduced buying power of the pound is one of the few persistent themes in this period of Brexit induced flux. For the UK’s tyre distributors, it also compounds the effects of rising raw materials prices, and wholesalers must negotiate this period to help support retailers and their already slim margins.

Read More >

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In the magazine: December 2013

2013 in review

If 2013 was a tyre, by the this next month’s magazine arrives we’ll be down to 1.6mm of tread. Soon another year will have come and gone, a year that delivered highs and lows and everything in between. As is the custom, in December Tyres & Accessories will look back on the year that’s been and highlight some of the issues of importance to the tyre industry. At the same time we’ll cast our eyes ahead to 2014 and what may lie around the corner.

Round out your year of T&A with a read of December’s year in review feature.

Around the workshop

It may be true that not all black circular objects are created equal, yet regardless of whether budget or premium, the performance of each and every tyre can be improved through correct fitment and preparation for use. In a nod towards the importance of correctly kitting a tyre out before it hits the road, in December Tyres & Accessories will present not one, but two features dedicated to this topic.

Look for our tyre changer and wheel balancer plus our garage consumables features in this month’s magazine.

Deadline Information:
Editorial: 15 November, 2013
Advertising Bookings: 22 November, 2013
Advertising Copy: 29 November
, 2013
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