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Kumho Tire Europe has issued a statement regarding Peter Becker’s intention to leave the company. Becker will reportedly part ways with Kumho at his own request this summer; the tyre maker says specific details regarding his future career plans are “not known at the moment.”
DriveRightData CEO Richard Bailey will be attending Tyre Expo Asia in Singapore between 21st and 23rd March and is inviting existing and prospective clients to meet with him in person at what he called the “must attend event” in Asia.
GfK reports that 2016 was a successful year for tyre manufacturers in the UK. This is said to have been driven by “the increasing number of SUVs on the road”, which naturally does its part to improve product mix. To be specific, according to GfK, 4×4 tyre sales leapt up 18 per cent in terms of units sold year-on-year. However, taking the year as a whole (including other passenger vehicle fitments), last year GfK’s Panel Market GB was flat.
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Andy Fern has joined Kwik-Fit as fleet sales director following an 18-year career with Michelin, most recently as national fleet sales manager. He replaces Peter Lambert who has retired after seven years as Kwik-Fit GB fleet director. Meanwhile, Simon Lucas has been promoted to the new role of customer support director of Kwik Fit GB. This role includes responsibility for Kwik-Fit Mobile, numbering some 200 vehicles, and the management of the company’s Customer Support Centre in Tannochside, Scotland, serving both fleet and retail customers. Both Fern and Lucas will report directly to Kwik-Fit GB managing director Kenji Murai.
Since its debut in 2014, the Bridgestone range of agricultural tyres has included fitments for high horsepower tractors. Now, with the introduction of the VT-Combine, the company has extended the line-up to cover combine harvesters. Designed specifically for Cyclic Field Operations (CFO) and featuring Improved Flexion (IF) technology, the VT-Combine offers 20 per cent more load compared with standard tyres (as set out by ETRTO standards). The tyre also allows a maximum speed during CFO of 15km/h, as opposed to the 10km/h maximum with conventional tyres.
Ten years have gone by since STARCO introduced the first approved tubeless static caravan and park home tyre. Today it sells more than 100,000 of these tyres a year, primarily in the UK and Western Europe, and STARCO remains the sole supplier of this wheel and tyre combination.
Almost 10 years on from the trauma of the global ‘credit crunch’ and we’re still not entirely free of the economic aftershock. The resulting times of austerity have made for tough competition for every pound in the motorist’s pocket – and the forecasts suggest even more tough times ahead. In a trade as utterly international as the tyre industry the outcome of the 23 June referendum on the EU was always going to have profound effects – and the marginal victory for the Brexit side predictably has caused dramatic weakening of the pound against both the Euro and the dollar.
Kumho’s 4×4 tyre range was recently enhanced further enhanced by the addition of the Crugen HP91 and Crugen KL33 SUV offerings. Add in the cross-functional Road Venture patterned MT51 and established KL71 and between them they cover everything from such top end SUVs as the Range Rover and BMW X5 to the ever-popular Land Rover Defender.
Indian manufacturer Ceat Tyres is establishing a tyre factory in Bangladesh, according to local news source BDNews24. The Mumbai-based parent company of Ceat, RPG Group, has reportedly signed a joint venture agreement with AK Khan to set up the plant with an initial investment of $67 million.
Kraiburg Austria has subjected seven more winter patterns to a 3PMSF test in order to enhance the competitiveness of truck retreads. Now the “3PMSF” (Three-Peak Mountain Snowflake) tyre symbol is linked under ECE-109 R Annex 10 to retreads, this measurement is said to say “far more than the classic “M+S” based on classifications devised by the manufacturers” about a retread’s winter performance.
Toyo Tire & Rubber has reported a year-on-year decline in net sales, operating income and ordinary income for the 2016, and remained in the red for another year. Even though the company projected in November 2016 the expectation of profit of 12 billion yen, issues with certain non-tyre products led to an extraordinary loss recorded in the closing of accounts for the year, turning the projected profit into a loss of 12.26 billion yen (£86.1 million).
Bridgestone Corporation intends to acquire up to 50 million of its shares, or 6.4 per cent of its outstanding treasury stock. In a statement, the company said it would spend up to 150 billion yen (£1.1 billion) in the buyback, which will take place between 20 February and 22 December 2017. The acquired shares, along with a further 20 million shares, will be cancelled, effective 19 January 2018.
The 27-member judging panel for this year’s Tire Technology International awards has named Continental its Tire Manufacturer of the Year. The German tyre maker is said to have been propelled to a “narrow victory” ahead of Hankook Tire thanks to the sizable investments in R&D and production it realised or announced during 2016.
What differentiates those who work in marketing within the tyre industry from those employed in a technical capacity? The latter tend not to mince words, and are more likely to say what they think rather than slip into jargon and PR-speak. We can learn a lot from this direct approach.
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Magna Tyres Group states that it has found the “ideal partner” for expanding its OTR tyre activities in Germany. Yesterday the company entered into a strategic partnership with Reifen Kiefer. The new partner will distribute both the Magna and MTP tyre brands.
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