British prime minister David Cameron visited Pirelli’s factory in Carlisle on Friday 26 April where he met with the chairman and CEO of Pirelli, Marco Tronchetti Provera, as well as Italian Ambassador, Pasquale Terraciano, and chairman of Pirelli Tyres Ltd, Mr Dominic Sandivasci. The prime minister was on a tour to the area as part of his campaigning activities ahead of local elections and incorporated the visit to the Pirelli factory, which in 2011 was awarded a £2 million grant from the Regional Growth Fund.
Several Indian motoring websites state that Volkswagen has selected Apollo Tyres as a global supplier for its Passat model. No further details were given, and at this stage neither Volkswagen nor Apollo have confirmed these reports or provided any further details.
The loss-making years are finally behind Kumho Tire. The Korean company has reported a net profit of KRW 123.67 billion (£71.9 million) for full-year 2012 – the best result since 2006 and a marked contrast from 2009, when the company posted a KRW 794.50 billion loss. Kumho Tire entered into a debt work out programme on 30 December 2009 as a result of financial difficulties faced by parent company Kumho Asiana.
Despite significant drops in first quarter sales and profitability, Nokian used the publication of its latest financial results as an opportunity to rebuff negativity relating to its exposure to the Russian market. In the first quarter of 2013 Nokian Tyres Group’s net sales decreased by 13.3 per cent to 333.1 million euros (1Q 2012: 384.3 million euros). Operating profit fell even more sharply, dropping 27 per cent to 76.3 million (1Q 2012: 105 million euros).
The tyre manufacturer blamed historically low levels of tyre demand in Europe, but also presented the case that demand for replacement car tyres in 2013 will be on previous year’s level in Nordic countries even if it does remain weak in Europe.
A stone laying ceremony marking the start of work on Bridgestone’s new OTR tyre factory in Thailand was held on 29 April. Attendees included representatives from the industrial estate where the site is located and from the company that will build the plant. Bridgestone Group management present at the ceremony included CEO Masaaki Tsuya and Shigeru Kaneko, managing director of Bridgestone Specialty Tire Manufacturing (Thailand) Co., Ltd., the company that will operate the new plant. In accord with tradition, the ceremony included prayers for the success of the plant's building, after which the attendees put the foundation stone in place, giving their blessings for the company's ongoing prosperity.
Aston Martin has added to its long heritage of innovation with a world first hydrogen-fuelled zero CO2 emission lap of the 24 km Nordschleife circuit in Germany. The lap was completed on Saturday (27 April) with Aston Martin Chief Executive Officer Dr Ulrich Bez at the wheel of the prototype Aston Martin Hybrid Hydrogen Rapide S, and was a perfect test run ahead of a formal record-breaking attempt at the ADAC Zurich 24 Hours of Nürburgring (N24) next month.
The 2013 Cutting Carbon, Cutting Costs Conference, an interactive event designed to provide specialised carbon reduction advice for freight operators, is scheduled to be held on Wednesday 22 May at the Heritage Motor Museum, Gaydon, Warwickshire. At the Logistics Carbon Reduction Scheme (LCRS) conference there will be a range of workshops to suit freight operators' own individual fleet and business.
Last year the Giti Tire Group increased its revenue by 2.1 per cent while its net income remained virtually at 2011 levels. The company told our sister publication Neue Reifenzeitung that revenue increased year-on-year to 3.02 billion euros; in 2011 the total revenue for Giti Tire and PT Gajah Tunggal, with their factories in China and Indonesia, was 2.96 billion euros. Operating profit jumped 42.9 per cent to 258.53 million euros, a figure that represents an 8.6 per cent yield on turnover. Net income decreased 0.3 per cent year-year to 113.17 million euros.
The 29-person international jury presiding over this year’s Vehicle Dynamics Innovation Awards have named Continental’s new weather-independent AIBA tyre testing facility winner of the awards’ “Development Tool of the Year” category.
On 29 April 2013, Yokohama Rubber signed an agreement with the US State of Mississippi, making plans to build a truck and bus tyre plant in West Point official. Hikomitsu Noji, president and representative director of Yokohama Rubber and Mississippi Governor Phil Bryant represented the tyre maker and State at a signing ceremony held at the West Point Ritz, near the site of the future company plant. The facility will be located approximately 149 miles (240 kilometres) from state capital Jackson.
The release of 2012 statistics gathered by Bridgestone while taking out more than 28,000 free tyre safety checks in Europe provide grim reading. The world’s largest tyre manufacturer’s figures suggest that tyre care and awareness has continued to deteriorate in the region. The most alarming change from data gathered in the same way in 2011 is an increase of 25 per cent in the number of tyres either underinflated or beyond the legal limit. While the European Union has in place many strategies for making roads safer – it is a specified goal of the EU tyre label – and organisations such as TyreSafe in the UK grow both membership and influence, Bridgestone’s data suggests that the most basic tyre checks remain beyond too many of the continent’s drivers.
Continental AG has been named as the 2013 Automotive News PACE (Premier Automotive Suppliers’ Contribution to Excellence) Award for its tyre pressure monitoring system (TPMS) with patented LocSync software.
The tyre pressure monitoring system (TPMS) from Continental is designed to provide the driver with the current inflation pressures individual tyres. If a particular tyre’s pressure is too low, the instrument alerts the driver. According to the company, the new tyres and sensors are detected automatically without the need for any additional electronic equipment by using the LocSync software to combine the data from the wheel speed sensors and tyre sensors.
Leading UK food waste recycling and animal by-product transporter, John Pointon & Sons has put into place a structured tyre management process. The firm will work closely with Staffordshire tyre supplier, Potteries Tyres of Stoke-on-Trent and Continental Tyres to minimise tyre costs and unplanned downtime, while ensuring the tyres meet the varied demands and working conditions of Pointon’s fleet of 68 trucks and 216 trailers.
The Governor of Mississippi has commented on Yokohama’s decision to locate its new US truck and bus tyre plant within his state. “This is an historic day for Mississippi, and we are proud to welcome this world-leader in tyre manufacturing to our great state,” said Gov. Phil Bryant. “The passing of this legislation will result initially in 500 new jobs, with the potential to create up to 2,000 total jobs, and it will have a positive impact on the state’s economy for years to come.
A common theme while talking with wholesalers this year has been the need for flexibility. Various companies are approaching this in different ways, and Danish wholesaler Nordisk Dæk Import, better known as NDI, has chosen a path not yet taken by any other European wholesaler. In order to offer customers the double advantage of flexible ordering and competitive prices, the company has established a new warehouse in Qingdao, China, near where its Nordexx private brand is manufactured. From this warehouse, NDI will directly supply Nordexx-brand and other products to its European and international customers; in early March the first shipment of Nordexx tyres arrived in the new Qingdao warehouse, and by April the full Nordexx range was in stock.