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You are here: Home1 / Poll2 / 20083 / November

Tronchetti Provera – Car Market Not Yet Rock Bottom

Product News

According to Marco Tronchetti Provera, the car market has yet to reach rock bottom. The Pirelli chairman was quoted by Reuters has saying that consumers would most likely wait several months to see if government measures to revive slowing economies proved successful before they considered making a larger purchases, such as a new car.

Read more

Related news:

  1. Pirelli Brings forward P7 Cinturato Launch
  2. Telecom Italia chairman quits in row with Pirelli shareholder
  3. Former Conti Boss Urban Dies
  4. European Market to Shrink 10% This Year – Gori
28th November 2008/by admin

South Koreans Drop Output

Product News

Reuters reports that South Korean tyre manufacturers began to cut output during November. The news source says that its information has come from the country’s top companies in the field, such as Hankook.

On 25 November, shares in the country’s automotive industry players took a nosedaive, with Kia down 12.07 per cent – falling for the second session in a row – and Hankook down 9.26 per cent.

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  1. Continental Gains 75.96% of Phoenix Shares
  2. Cooper-Standard Sale to Go-Ahead
  3. Hankook Profits Fall 16 per cent
  4. Hayes Lemmerz Reports Loss, Continues Restructuring
28th November 2008/by admin

Dunlop Zimbabwe Permitted to Sell in Forex

Product News

The Reserve Bank of Zimbabwe has granted Dunlop Zimbabwe the licence required for companies in the country to sell products using foreign currencies, according to the Chronicle newspaper.

The paper quotes the firm’s Southern regional manager Dumisani Ndlovu, who stated, “the inspection was done by the RBZ on 25 November to check whether the ultra violet money detection machine was in place, the invoicing, security, computer network and warehousing. The team was satisfied and Dunlop was given permission to sell in forex.” He concluded that the licence would allow the manufacturer to import more raw materials, which would make an increase in production capacity possible, “thereby improving the company’s viability and safeguarding the company’s employment base. In addition, the more we sell in forex, the more forex that is made available to the RBZ to finance crucial national programmes in the country,” he stated.

Read more

Related news:

  1. Apollo Tyres Deemed ‘Good Investment’
  2. Apollo a Recommended Buy – Broker
  3. An “Exciting Year”
  4. Construction of Apollo Chennai Factory to Start by Late October
28th November 2008/by admin

German Goodyear Dunlop Factories Halt Christmas Production

Product News

Workers at Goodyear Dunlop’s six plants in Germany will return from their Christmas holidays two weeks later than normal following the decision to extend the winter holidays at all the sites. Production will end on 19 December, with workers returning on 5 January, 2009.

The spokesperson for Goodyear Dunlop in Hanau, Gabriele Velte stated, “The crunch is hard on all of us – also at the Fulda factory.” Citing this example, Goodyear Dunlop’s Fulda plant, which produces the Fulda brand as well as other brands, employs 1,400 workers. In previous years, the facility has worked throughout the Christmas and New Year period – the usual holidays excepted. “This has never happened before, as long as I can remember,” continued Velte.

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Related news:

  1. Bomb Scare at Goodyear’s Fulda Factory
  2. Fulda Factory Receives Second Bomb Threat
  3. Goodyear Produces 4 millionth RunOnFlat Tyre in Europe
  4. Goodyear Dunlop Performs Well in ADAC Tests
28th November 2008/by admin

Juma Al Majid Group Celebrates 50 Years with Yokohama

Product News

The Dubai based Juma Al Majid Group has celebrated 50 years of business with Yokohama tyre. The group, dealers for the Japanese brand in the United Arab Emirates, marked this milestone on November 27.

“There are different kinds of companies,” commented Juma Al Majid, founder and chairman of the group. “One type looks for its own benefit, but when there is a company that looks out for both sides, it can maintain the relationship for 50 years and more.”

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  1. Yokohama To Boost Philippines Production Capacity
  2. Yokohama Reports Sales Increase
  3. Part 2 of Yokohama’s Mid-Range Plan Announced
  4. Yokohama Income Declines in H1 2008
28th November 2008/by admin

Bridgestone Announces Senior Management Changes

Product News

On November 28 Bridgestone Corporation announced that its board of directors has approved a number of proposed changes in corporate officers. Mikio, Masunaga, currently vice president and senior officer responsible for procurement and internal manufacturing management in the Internal Manufacturing Management section and concurrently assistant to the vice president and officer, Motorsport is now focusing on the first of these duties exclusively.

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  1. Senior Management Changes at Bridgestone
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  4. BFS Venezuela Plant Back on Stream
28th November 2008/by admin

Bridgestone Maximising Raw Materials Efficiency

Product News

During 2000 and early 2001 the BLIC (Bureau de Liaison des Industries du Caoutchouc), predecessor to the European Tyre and Rubber Manufacturers’ Association, conducted a full Life Cycle Assessment study (LCA) of a representative European 195/65 R15 passenger car tyre, using both carbon black and silica based versions of the H rated summer tyre in the study. Bridgestone, as a member of the Technical Working Group, played an active role in the study.

While, at 84 per cent, the ‘use’ phase of a tyre’s life cycle was identified by the LCA as making the largest contribution to the environmental load of a car tyre, the impact of raw materials, which accounts for 10 per cent, is the second largest factor. Keeping this in mind, Bridgestone Europe comments in its latest Environmental Commitment and Performance report, published November 2008, that the choice of ingredients used is very important, including the promotion of an environmental oriented supply chain.

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Related news:

  1. Bridgestone Australia Prices to Rise August 1
  2. Bridgestone Opens Carbon Black Plant in Mexico
  3. Details of Bridgestone – Toyo Business Alliance Released
  4. Tyre makers, suppliers update operational status in Japan
28th November 2008/by admin

Bekaert to Build Second Steel Cord Factory in Slovakia

Product News

Bekaert is said to be gearing up to build a second steel cord manufacturing facility in Slovakia. The plant will most likely be located in the vicinity of the existing facility, in the industrial zone outside Sladkovicovo, in the country’s southwest. According to reports, the 15 million euro project will get underway in 2009.

Read more

Related news:

  1. Bekaert Announces US Lay Offs
  2. Bekaert and Angang Steel Establish Steel Cord Joint Venture
  3. Goodyear to Sell Luxembourg Steel Cord Plant
  4. Ellerbrock fire finally extinguished
27th November 2008/by admin

Counterfeit Dunlop Tyres Discovered in Philippines Raid

Product News

The Philippine government’s Presidential Anti-Smuggling Group (PASG) has raided a warehouse on the northern island of Luzon, seizing some 10 million peso (£133,500) of counterfeit tyres and motorcycle spare parts. According to a PASG statement, the agencies raided the warehouse after receiving surveillance reports indicating the illegal nature of the activities within. The tyres confiscated from the warehouse are said to have been counterfeit Dunlop tyres.

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Related news:

  1. Zimbabwe Crisis Impacts On Tyre Sector
  2. Philippine producers seek higher tariffs for rubber products
  3. Dunlop Tyres Zimbabwe Set to Re-Open
  4. State-of-the-Art Warehouse Opens in Bahrain
27th November 2008/by admin

Materials Prices Strike a Raw Nerve in 2008

Product News

Across many industries, including our own, 2008 will be long remembered for its spate of raw material price increases and their knock-on effect. Although these prices had by mid-November retreated from their earlier record highs, across the board they left eroded profits in their wake – and consumers smarting from the increases tyre manufacturers in turn slapped upon their products.

Read more

Related news:

  1. “Michelin – The BMW In The Tyre Industry”
  2. Thinking Ahead
  3. Nokian Tyres Records 149 million euros of Net Sales
  4. Michelin Q1-3 Sales up 4%
27th November 2008/by admin

Motorists Facing ‘Trade or Upgrade’ Dilemma, Says Kwik-Fit

Product News

We’re all familiar with the ‘move or improve’ dilemma – where homeowners weigh up the cost benefits of moving home versus making home improvements. But new research from Kwik-Fit shows that, with money tight and new car sales down, more motorists are facing a similar conundrum in deciding whether to ‘trade or upgrade’ their car. The company’s research found that some 6.4 million motorists aim to make a number of upgrades to their existing vehicle over the next 12 months, in order to make it look and feel more like new.

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  1. Ease Congestion – Ban Elderly Motorists, Says Poll
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  3. Aftermarket TPMS from Tyresure
  4. The Dirty Secrets of the British Motorist
27th November 2008/by admin

Comings and Goings

Product News

On May 24, 2008 tyre industry steel cord producer Bekaert and China’s Anshan Iron and Steel Group Corporation (Ansteel), one of the world’s leading steel producers, signed a memorandum of understanding outlining the terms of a close future partnership between the two companies. As part of the arrangement both firms agreed to explore strategic cooperation projects in order to better address the growing demand for advanced wire products on the Chinese market.

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Related news:

  1. Pirelli to Spend £150 Million on Additional Romanian Plant
  2. GPX To Close Canada Factory
  3. Specialising in Specialty Tyres
  4. Nanjing a ‘Strong Partner’ for Kumho
27th November 2008/by admin

Michelin Canada to Work With African Nova Scotian Agency

Product News

In Canada, Michelin says it is placing an emphasis on employing Nova Scotians of African origin. According to Nova Scotia based newspaper The News, the manufacturer made this pledge on November 24 in partnership with the African Nova Scotian Partnership network and the provincial government. As part of the agreement, Michelin will share information on its hiring process with African Nova Scotian career centres across the province, where job opportunities are posted.

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Related news:

  1. French MRT Franchise Renews Contract
  2. MNA Expansion Plan May Not Get Government Aid
  3. Canadian Michelin Pension Plaintiff to Pay Legal Costs
  4. Michelin Canada Employees Show Support for Special Olympics
27th November 2008/by admin

Former Employee Ordered to Pay Michelin Canada Legal Costs

Product News

Details of a Nova Scotia Court of Appeal decision, released November 20, confirm that retired Michelin Canada employee Everett Smith must pay some half of the tyre maker’s legal costs a dispute over pension contributions. The bill Mr. Smith now faces is said to be $300,000 (£160,000).

“As far as the bill, well, I don’t have $300,000,” the former forklift operator told the Chronicle Herald newspaper. “What they are going to do to me, I don’t know. I don’t have a clue. ” The appeals court decision confirms a March 2008 supreme court decision that Michelin did nothing wrong when it took breaks from contributing to the company pension plan between 1984 and 1988 and 1995 and 2001.

Read more

Related news:

  1. Former Michelin Canada Worker Confident of Appeal Success
  2. Canadian Michelin Pension Plaintiff to Pay Legal Costs
  3. Keeping Greens Green
  4. Michelin Upgrading Canadian Plant
27th November 2008/by admin

Pirelli First Across the Line at the 2008 FIA GT Season Finale

Product News

The final round of this year’s FIA GT Championship, which took place on the new Argentine circuit near Mendoza, saw a victory from the PZero Racing-equipped Saleen S-7R from Longin-Kumpen (PeKa Racing). This triumph compensated the Belgian squad for the bad luck they endured earlier in the season, and highlighted the partnership between the American supercar and Pirelli tyres: a combination that has, comments Pirelli, been winning since 2004.

Read more

Related news:

  1. Mill Tyres Awarded Pirelli Performance Centre Status
  2. Supercharged Jaguar XF Launched on Pirelli Tyres
  3. Free Tyres Offered to Lure Pirelli MSA Gravel Rally Competitors
  4. Blimp Meets Wiener – a Day to Remember
26th November 2008/by admin
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