Following on from the TÜV SÜD testing carried out for Membat last year, the tyre brand commissioned the testing and certification specialist to once again compare Membat tyres against rival products. This time the Membat Passion was tested in size 205/55 R16 91 V against B segment brand products manufactured by Michelin and Continental (Membat hasn’t disclosed the specific brand or product family). Membat comments that “the results speak for themselves.”
Yokohama Rubber has revised its projections for interim sales and earnings for the first half of 2017. These latest projections replace those announced on 20 February. The company’s projection for net sales has increased 3.3 per cent to 310.0 billion yen (£2.1 billion), the projection for operating income has been increased 28.6 per cent to 18.0 billion yen (£123.4 million), and the projection for profit attributable to owners has been pushed 46.7 per cent upwards to 11.0 billion yen (£75.4 million).
Triangle Tyre held its “2017 Global Summit” in the coastal city of Rongcheng – China, not far from the firm’s headquarters in Weihai between 27 and 29 June. The Global Summit’s aim was to foster and strengthen relationships with worldwide business partners, share the next stages of the companies’ evolution and in particular the targeted acceleration of the company’s presence in the global market.
The UK government has decided to ban the sale of both new petrol and new diesel cars from 2040. The goal isn’t as ambitious as Norway’s, which aims to do the same by 2025. India thinks it can do it by 2031. And France is on par with the UK, also aiming to ban sales of new combustion engine-based cars by 2040. However, in the UK at least, electric cars sales currently represent less than 1 per cent of new registrations. Therefore a lot has to happen between now and 2040 for this new rule to become reality. What is clear is that there is now real legislative momentum in favour of electric vehicles in the UK and that this will have an inevitable impact on OE suppliers, and in turn the UK replacement tyre market, especially in three key areas: weight, torque and rolling resistance.
ZC Rubber has installed a smart factory project based on the ET industrial brain artificial-intelligence (AI) service system for manufacturing launched by Alibaba Cloud. The goal is to “greatly improve the production in the factories”, according to the company. The cooperation between ZC Rubber and Alibaba Cloud reportedly started at the end of 2016.
Hella’s paint brand, Sonne, has grown exponentially in the past year, which is why the team behind the popular brand is introducing Colin Thompson into the Sonne group, as its new business development manager, Thompson has a wealth of knowledge and experience that has been accrued in successful roles within the automotive industry. He specialises in refinishing, tools and equipment and service segments.
Leading Italian brake maker Brembo reports that its revenues increased 10.1 per cent to 1,262.4 million euros in the first half of 2017. During the same period pre-tax profits (EBITDA) grew 12.8 per cent to 255.5 million euros. EBITDA margin was over 20 per cent.
Regular replacement of the cabin filter is crucial for effective operation, and as traffic on roads worldwide has increased, so has its impact on air quality. These roadside pollutants can reach a car’s driver and passengers through its ventilation or air conditioning ducts. Prolonged exposure to high pollution whilst driving is not only unpleasant; it can have a serious effect on the health of the vehicle’s occupants. Microorganisms accumulate inside the car, potentially multiplying to much higher concentrations than normal. Such a high level of bacteria inside the vehicle can lead to a range of health problems, including more serious issues like asthma and allergic reactions.
The Rt Hon Nicky Morgan MP visited National Franchised Dealers Association (NFDA) member, Inchcape Mercedes-Benz dealership in Loughborough on Friday 21 July 2017. Morgan, who is Member of Parliament for Loughborough, and recently appointed chair of the Parliamentary Treasury Committee, was on a site visit to discuss the general workings of the dealership and the sites local significance.
A dramatic growth in electric vehicles on Britain’s roads could see peak electricity demand jump by more than the capacity of the Hinkley Point C nuclear power station by 2030, according to National Grid.
During the first half of the year, Michelin increased both sales and net income on the back of higher volumes. Net sales were up 7.5 per cent to 11.1 billion euros in the six months to 30 June, and while operating income declined 0.8 per cent year-on-year to 1.4 billion euros (with the margin down 1.1 per cent to 12.6 per cent), the tyre maker described this result as “stable and in line with the Group’s roadmap.” Net income rose 12.2 per cent to 863 million euros.
According to figures published by the European Tyre and Rubber Manufacturers’ Association, the all-season segment is the fastest growing in Europe. In response to the increasing popularity of this products, Goodyear is adding a further 14 sizes to its Vector 4Seasons Gen-2 product line.
Specialist broadcast solutions company Cloudbass has signed a new deal with ATS Euromaster to maximise its vehicle uptime. Sky, BBC and ITV turn to Cloudbass to assist in the production of high profile live sports programming, including Scottish Premier League football and the British Touring Car Championship. For this reason, Cloudbass required a support partner that could keep its commercial vehicle fleet on the road and minimise tyre-related downtime.
The hybrid and electric cars market has seen strong growth globally as countries work to meet ambitious CO2 targets, rising at a compound annual growth rate (CAGR) of 12.6 per cent. Scandinavian countries such as Sweden will enjoy exceptional growth forecast growth of 27.9 per cent between 2016 and 2021, according to research firm MarketLine.