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You are here: Home1 / Poll2 / 20143 / January

Acorn Infinity Motorsport premieres new 2014 drift car

Motorsport
Acorn Infinity Motorsport drifting Nissan S13

Acorn Infinity Motorsport (AIM) introduced three new race cars for the 2014 British Drift Championship at the UK’s premier motorsport show, Autosport International, recently held at the NEC Birmingham. Steve ‘Baggsy’ Biagioni and his new Nissan S13 participated on the Lydden Hill Race Circuit stand throughout the four days, while in Hall 9, Mark Lappage […]

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  1. Maxxis Tyres Star in UK and US Drifting
  2. Phil Morrison Wins Maxxis British Drift Championship On Federal
  3. Maxxis delighted with opening round of revised drift championship
  4. Maxxis adds new UHP radial to its high performance range
31st January 2014/by Andrew

Cooper Tire gives Chengshan option to buy, values CCT at US$435 million

Company News, International News, Premium

Cooper Tire & Rubber Company has signed an agreement with Chengshan Group Company Ltd. According to the Findlay, Ohio-based tyremaker, the deal begins with the commitment that the Chinese joint venture Cooper Chengshan Tire (CCT) business will be independently valued and is said to position Cooper to resume regular financial reporting. Tyres & Accessories understands that the deal sets a floor value of at least US$435 million for the total company and perhaps more if the independent valuation comes in higher. Cooper’s share price rose 2.75 per cent (correct at time of publication) in response to the news.

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Related news:

  1. Court delays Cooper Chengshan anti-merger case
  2. Michelin Wins Manufacturing in Action Award
  3. Cooper: Chengshan worth US$440 million, say valuers
  4. Chinese JV exit gives Cooper Tire flexibility to plan for a changing tyre market
31st January 2014/by admin

What the rise of BRIC and MINT economies means for the tyre market

Editorial/Comment, International News
MINT economies

OK so the fact that China is the world’s largest tyre producer, the largest car maker, has the largest population and is likely to be the largest economy soon means that it is massively premature to write off the People’s Republic. Rapid growth and the huge scale of Brazil, Russia and India means these markets are still should be the focus of much attention. However, many international businesses have already latched onto this. So if everyone is competing for what they perceive as the same low-hanging fruit other opportunities could be going missing…or at least that is the question that is being raised in banking circles.

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  1. Trading Places: How Tyre-Makers are Positioning Themselves in the World Economy
  2. Mexico tyre market grew at 19% CAGR 2009-2012
  3. Brisa & Pirelli Production Resumes in Turkey
  4. No F1 Tyre Decision; 2 Horse Race Between Michelin and Pirelli
31st January 2014/by admin

Sailun involved in Kings Road Tyres acquisition

Company News, Premium
Kings Road Tyres

Tyre manufacturer Sailun has confirmed to Tyrepress an “indirect interest” in Kings Road Tyres. While the direct players in the investment group have yet to be fully confirmed, Sailun’s indirect interest gives some indication of potential tyre industry figures involved in the partnership, confirmed to involve Chinese, European and North American interests.

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Related news:

  1. Strategic investment group buys controlling interest in Kings Road Tyres Group
  2. Inter-Sprint highlights private, exclusive brands at Reifen
  3. Hankook launches new global TV campaign including ads in UK and Europe
  4. Dunlop Aircraft Tyres invests £4m into UK manufacturing
31st January 2014/by Andrew

Pirelli share price spikes, eases back on acquisition rumour

Company News

The trading price of shares in Pirelli & C. SpA jumped to €12.96 late on 29 January after financial website FT Alphaville published information from “usually well-informed sources” about manoeuvres to change the company’s ownership structure. The release of a statement from Pirelli chairman and CEO Marco Tronchetti Provera denying any deal ensured the descent from this peak, however, and by 11:00am GMT today the share price had declined 7.3 per cent from this high to €12.01.

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  1. Cooper lawsuit to go ahead
  2. No ‘buyer’s remorse’ – court rules Apollo not in breach of agreement
  3. Rosneft buys 13 per cent of Pirelli
  4. Pirelli shareholding to be controlled by ChemChina
31st January 2014/by admin

Knapp replacing Minardi as Bridgestone Americas’ COO, head of tyre operations

Career Tracks

The vacancy in Bridgestone Americas’ senior management created by Eduardo Minardi’s impending departure for Europe will be filled by Gordon Knapp. Effective 1 March, he will assume the role of chief executive officer of Bridgestone Americas and chairman, CEO and president of Bridgestone Americas Tire Operations. Until a successor is appointed for his current position, Knapp will also continue as president of North American Consumer Tire at Bridgestone Americas Tire Operations.

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  1. Bridgestone’s Arakawa Honoured for Contribution to Belgium
  2. Bridgestone OP beats analysts expectations
  3. Bridgestone Europe executive chairman relocates to Brussels
  4. Bridgestone Q3 punctuated by growth
31st January 2014/by admin

Bridgestone Europe executive chairman relocates to Brussels

Career Tracks
Eduardo Minardi, executive chairman, Bridgestone Europe

Eduardo Minardi is to relocate to Brussels to make the role of executive chairman, Bridgestone Europe (BSEU) his primary responsibility. Minardi previously served as Bridgestone Americas chief operating officer and chairman, CEO & president of Bridgestone Tire Operations concurrently with the BSEU role he assumed 1 January, 2014.

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  1. Bridgestone Europe’s Annunziato takes on senior role within parent company
  2. Bridgestone Europe names new Consumer, Western region heads
  3. Bridgestone to appoint new Europe tech centre MD
  4. Bridgestone Europe Announces Management Changes
30th January 2014/by Andrew

Point-S hosts 2014 member’s conference

UK News
2014 Point-S conference

On Friday 17th January members of Point-S, the leading of independent tyre dealer network, attend their annual conference and gala dinner at the Menzies Welcombe Hotel in Stratford upon Avon.

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  1. Yokohama Rubber to Launch World Advan Site
  2. Service And Repair Code On-Line Subscription Process Open
  3. New pricing analyst at Point S
  4. Remog adopts new larger stand at Autopromotec
30th January 2014/by admin

Giti Tire promotes Mardle to European supply chain manager

Career Tracks
Giti Tire European supply chain manager, Matthew Mardle

Giti Tire has promoted Matthew Mardle to its senior management team, taking up the newly created position of European supply chain manager. Mardle will be responsible for product life cycle management, forecasting and planning for GT Radial, Primewell and Runway tyres across passenger car, SUV and light truck (PCR) and commercial truck and bus (TBR) operations.

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Related news:

  1. Giti Tire makes key European financial appointment
  2. Giti Tire appoints Italian market analyst
  3. GT Radial R&D investments supporting higher performance products
  4. Giti Tire appoints European PCR, light truck senior product marketing manager
30th January 2014/by Andrew

Continental integrates wheel speed sensors and electric parking brake cables

Product News

Continental AG has integrated the cables for wheel speed sensors and the electric parking brake (EPB) into a single harness, making the company one of the first manufacturers to offer such a combination of components. And what’s more a Japanese car manufacturer is set to introduce the innovation in 2015.

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  1. Four Wheel Steering From Delphi
  2. SmarTire Gains New Patent
  3. Conti Industrial Tyres Face Ultimate Load Test
  4. The “30 Metre Car” From Continental
30th January 2014/by admin

JMS publishes Mercedes tuning catalogue 2014

Product News
JMS Mercedes Tuning & Styling catalogue 2014

Tuning parts supplier JMS has launched its 2014 Mercedes Tuning & Styling catalogue. Coinciding with the start of the new season, the catalogue includes: aerodynamic parts, car alarm systems exhaust systems, spacers, suspension kits, chiptuning, speedpedal, strut braces, headlights, taillights, spacers, windstops, floor mats and sport seats within its 48 pages. JMS says the catalogue […]

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  1. Bilstein releases Honda NSX B6 Sport damper upgrades
  2. First Line releases Steering & Suspension catalogue
  3. AirREX UK releases B7 Air Suspension Kit for VW Passat
  4. Bilstein introduces B1, B3 and B4 range universal spare parts
30th January 2014/by Andrew

CV Show 2014 hosting 14 tyre suppliers

UK News

The CV Show’s organisers are gearing up for the 2014 event, but promoting its cooperation with a number of leading tyre suppliers. The idea seems to be to pitch to fleet operators and owner drivers alike, explaining that the show recognises the role tyre choice and maintenance cost plays in dictating profits. That’s why – the organisers say – this year’s show features 14 different suppliers to this “essential sector of the road transport industry”.

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  1. X-Line product developments
  2. Reynolds Logistics Becomes Latest Michelin PPK Partner
  3. Wide Single Truck Tyres 6-10% More Efficient – US Study
  4. Michelin celebrates truck radials’ 60th anniversary
30th January 2014/by admin

Hercules purchase “fits very well” into ATD growth plan

International News

This month, American Tire Distributors (ATD) acquired Hercules Tire & Rubber for approximately US$310 million. Further details of the deal beyond the news reported this week have been published by US trade publication Tire Review, who yesterday spoke about the purchase with Ron Sinclair, senior vice-president of marketing at Hercules Tire & Rubber.

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Related news:

  1. ATD buys Hercules Tire
  2. Hercules acquires Montreal’s Pneu Mondial
  3. US wholesaler expands in Canada
  4. ATD pays up to $365 million for Terry’s Tire Town
30th January 2014/by admin

Goodyear coach tyres anticipate 2018 EU vehicle weight increases

Premium, Product News
Goodyear Marathon Coach

Coach travel’s status as one of the most fuel efficient modes of transport will be boosted further by an increase of the EU weight limit for passenger service vehicles to 19 tonnes. To maximise the efficiency and profitability further – as well as to comply with safety requirements – premium tyre manufacturers in particular are readying their commercial vehicle ranges, with specialised lines delivering load capacity increases and improved, coach-specific characteristics. Goodyear states that its Marathon Coach and Ultra Grip Coach tyres have been developed with load capacities in anticipation of regulation changes proposed by the European Union.

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Related news:

  1. Goodyear Seeks Exemption From US Recall
  2. Goodyear Dunlop Presents BioTred2 at Cereals Show
  3. Goodyear commercial ranges address specific fleet requirements
  4. Fleet success for Goodyear Marathon Coach
30th January 2014/by Andrew

Aeolus showing entire car tyre range at Reifen 2014 in Essen

International News

Aeolus Co. Ltd. reports that it will be showcasing its entire range of passenger car tyres, bolstered by truck and EM product lines at the forthcoming Reifen show, which will run 27-30 May 2014.

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  1. Aeolus Tyres to reveal all at Reifen 2012
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  3. Bridgestone launches 2 Ecopia fuel-saving truck tyres
  4. Aeolus gives Tuscany GreenACE demonstration
30th January 2014/by admin
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