You are here: / Tyrepress Editors

About Tyrepress Editors

This author has not written his bio yet.
But we are proud to say that Tyrepress Editors contributed 35524 entries already.

Entries by Tyrepress Editors

With Right Business Approach, Selling Nitrogen Can Pump Up Profits

(Akron/Tire Review) For the past five or so years, suppliers of nitrogen-inflation equipment have made serious claims. Compared to moisture- and dirt-laden compressed air, nitrogen – a dry, inert gas – runs cooler, does not permeate through rubber as quickly and does not cause rust to develop on steel cords, expensive wheels or tyre pressure monitoring sensors. The result is better fuel economy, more consistent inflation pressure, longer tyre life and increased safety, advocates say. Those are big claims, so it’s only natural for tyre dealers, commercial fleets and consumers to be sceptical. As the old saying goes, “The proof of the pudding is in the eating.” Real results are what count.

Related news:

  1. Marangoni Targets Tuners With Progetto Marangoni
  2. Solideal de Mexico Opens 2 New Locations
  3. Before Chipping: Crushing and Cutting
  4. Further US Reaction to ITC Ruling: Wait and See

Alliance Reports $45.6 million First Quarter Sales

Alliance, an international tyre manufacturer based in Hadera, Israel, reported a 23 per cent growth in sales for the first quarter of 2007. First-quarter sales reached US$45.6 million, compared to $37.1 million in the parallel quarter of 2006. In addition, Alliance sales to the export market, representing 78.7 per cent of the company’s total sales, amounted to $35.9 million in the first quarter, compared to $29.4 million in the first quarter of 2006, a growth of 22.3 per cent.

Related news:

  1. Stephanie Tires Moves Into Europe
  2. Goodyear Philippines to Add 50 Dealers
  3. Bridgestone’s First Quarter Net Profits Down 18.4%
  4. Terex Uses ATC Tyres in Europe

Paul Furlong Joins Micheldever as Motorcycle Brand Manager

Micheldever is continuing to build its motorcycle tyre wholesale operation with the recruitment of Paul Furlong as Motorcycle Brand Manager. Paul has 12 years industry experience in the motorcycle tyre niche, most recently working for one of the largest bike tyre wholesalers where he was responsible for winning and maintaining some of their largest accounts.

Related news:

  1. Wholesaling and Retailing In a Difficult Market
  2. Mutual Benefits
  3. Micheldever Group Climbs the Sunday Times Corporate League Table
  4. Bush Tyres Opens New Bourne Retail Branch

Vacu-Lug Signs Five-Year Deal With Nightfreight

Vacu-lug, Europe’s largest independent retreader of commercial and industrial tyres, has renewed its national distribution contract with leading specialist delivery business Nightfreight for a further five years. Nightfreight will collect new and professional retread tyres from Vacu-lug in Grantham and transport them to its regional hubs before distributing them nationwide to Vacu-lug’s 300 strong customer base which includes TDG, Keuhne & Nagel, Woolworth’s, and Veolia Environmental Services Ltd. Used casings will also be collected on a nationwide basis.

In addition from April 2007 Vacu-Lug reached agreement with Pirelli resulting in the transfer of their retread production and distribution to Vacu-Lug adding further volume into the Nightfreight distribution network.

Related news:

  1. Further UK Growth in the Pipeline, Says NDI
  2. Pirelli Raises Tyre Prices
  3. Matteuzzi Setting the Benchmark for Machinery and Plants
  4. Maxxis On the Look Out For Industrial Tyre Distributors

Michelin to Ride Truck Tyre Shortage in 2008?

Steadying raw material prices, Michelin’s productivity improvements and increased truck tyre demand could lead to a “favourable price environment” for the company, according to Deutsche Bank analysts. The theory relies on demand increases in the North American market. If this was to happen in 2008, say the analysts, there is a risk of an imbalance between global supply (set to increase by 5.0 million units) and demand (which could rise by 8.0 million units). According to the analysts, truck tyre sales represent 34 per cent of Michelin revenues versus 10 per cent at Continental, for example.

Related news:

  1. Natural Rubber Falls to 2005 Levels
  2. Michelin Share Price Increase
  3. Natural Rubber Prices Continue to Fall
  4. Natural Rubber Reaches New Low

Casalbore Leaves Conti

(Akron/Tire Review) Continental Tire North America is looking for a new sales director. Carl Casalbore has left the company after serving as director of passenger/light truck dealer sales for the past two years.

No replacement has been named, and CTNA has begun a search for his replacement. In the interim, CTNA executive vice president of sales and marketing Andreas Gerstenberger will serve as acting sales director.

Related news:

  1. CTNA Gets OE Deal From Autocar
  2. Conti Appoints New US PR & Communications Manager
  3. Titan Names New Sales and Marketing Head
  4. Conti Names Director of Dealer Sales

Solideal Turkey Rebrands Itself

After two and a half years operating as World Endüstriyel Lastik, Solideal in Turkey changed its name on 4 April 2007 to Solideal Lastik Ticaret Limited Sirketi. “This event represents a turning point in our company history. In Turkey, everybody was thinking that we are the distributor of Solideal, not a member of the Solideal Group. So it will be helpful for us that we are the Solideal for Turkey” said Ali Yetkin, General Manager of Solideal Lastik. Solideal Lastik is a leader in Turkish market place for tyres and tracks, distributing the full range of Solideal products. For more details and information contact Solideal Lastik in Istanbul info@worldlastik.com.tr.

Related news:

  1. Southam Tyres to import Merit
  2. Yokohama, Wanli Suit Completed
  3. Zisser Tire’s Increasing European Presence
  4. North Hants Tyres: Over Half a Century of Service

Amtel-Vredestein Publishes 2006 Annual Report

Amtel-Vredestein released its audited 2006 Annual Report on June 15. The report remains subject to shareholder approval at the company’s Annual General Meeting of Shareholders, to be held in Amsterdam on June 30. The company previously published its summary 2006 and first quarter 2007 earnings results on 16 May 2007, and the audited accounts as included in this 2006 annual report are substantially the same as the previously reported un-audited results. However a number of adjustments have been made.

The company’s annual sales have been adjusted to $817 million versus the previously reported $823 million. This change occurred because $6 million in revenue has been reclassified as inter-company transactions in the fourth quarter of 2006. Profit from operations also reduced to $33 million from $36 million, primarily because of additional provisions related to AV-TO subsidiary. Net loss was also reduced by $2 million to a new figure of $5 million as a result of approved adjustments.

Related news:

  1. Amtel-Vredestein N.V. Declared Bankrupt
  2. Vredestein Annouce £305.6 million Turnover
  3. Goodyear to Resolve Accounting Issue
  4. Amtel-Vredestein Announces Submission of FY2007 Annual Report

Nokian tyres Releases Convertible Bonds

On June 20 Nokian Tyres announced its intention to offer convertible bonds to the total value of 130.4 million euros. Nokian Tyres has granted financial services group Nomura International an over-allotment option to subscribe for up to 19.6 million euros of additional bonds solely to cover over-allotments, if any, to a total amount of 150 million euros. The shares to be issued upon conversion of the bonds will represent up to approximately 3.4 per cent of Nokian Tyres’ current issued share capital, assuming the over-allotment option is fully exercised.

At the company’s annual general meeting on April 3 the board of directors were given authority to carry out this operation despite existing pre-emptive subscription rights held by shareholders. The board of directors made the decision to exercise this authority for what it claims are “important financial reasons,” and intend to use the bonds to finance investments “in accordance with the company’s investment strategy”, to re-finance existing financing facilities and for general corporate purposes.

Related news:

  1. Bridgestone To Take Stake In Finnish Rival
  2. Nokian to Sell Car Retreading Business
  3. Investment Firm Owns Five Per Cent Of Nokian
  4. Investment Firm Owns Five Per Cent of Nokian

Maha UK Celebrates 10th Anniversary

Every year since MAHA UK began they have celebrated their success with a summer barbecue. And as this year mark’s the company’s 10th anniversary it was no different. As usual the barbecue was held at their premises in Cambridgeshire, but for the first time, the weather was absolutely perfect. MAHA distributors from all over the world came to join them. To add to the occasion, it was the founder of MAHA, Winfried Rauch’s 65th Birthday, making it a double celebration and special day.

The sixties band, Revival, entertained guests adding to the wonderful atmosphere of the day. Gus Gregory, managing director of MAHA UK, said: “It was great to be able to celebrate our success with everyone and I really appreciate many guests travelling so far to do so. I hope that MAHA UK will continue to succeed and expand in the future.”

Related news:

  1. Double Celebration for New First Stop Dealership
  2. Cooper Dealer Fights Against Human Trafficking
  3. Michelin Guide Great Britain & Ireland 2011 Celebrates 100th Anniversary
  4. New Kayaba UK Website

USW/Titan Chinese Manufacturers of ‘Dumping’ OTR Tyres

The United Steelworkers (USW) has joined Titan Tire Corp. as a co-petitioner in a trade case petition filed yesterday with the U.S. Department of Commerce and the U.S. International Trade Commission, accusing Chinese companies of dumping and subsidizing OTR tyres. The USW and Titan Tire seek to have the government impose duties to off-set these allegedly unfair Chinese imports. According to the petition, Chinese imports have increased from 11.2 million tyres worth $166.35 million in 2004 to nearly 15 million tyres worth $374.25 million in 2006. China is the single largest source of imports of OTR tyres, accounting for more than 83 percent of total imports by volume in 2006, the statement added

Chinese imports are significantly underselling U.S. produced OTR tyres. Based on a comparison of Chinese and U.S. prices in the petition, the differential averaged 29 per cent. A second comparison shows underselling margins ranging from two to 30 per cent.

Related news:

  1. Lower Vehicle Sales, Imported Tyres Hammering Indian Manufacturers
  2. US Tariffs Put Pressure on Prices
  3. Alleged chemical copycat unrepentant as US firm seeks redress
  4. Yokohama receives satisfaction survey award

Top Technician 2007 Announced

Clive Atthowe has been crowned the UK’s best mechanic after winning the Top Technician 2007 competition. Clive took first prize in the nationwide contest during an awards ceremony at the GEA/Aftermarket Technical Workshop conference on 11 June at the Motor Heritage Centre in Gaydon, Warwickshire. Atthowe, who runs the Clive Atthowe Tuning garage in Norwich, was joined on the winner’s podium by joint runners-up Elliot Waters and David Wagstaff.

Atthowe scooped £2,000 tax free and a range of prizes from sponsors Bosch and Vauxhall Trade Club along with the prestigious title as part of his prize. He hopes the publicity from his win will give his garage a major business boost and help raise awareness among the public of the skills, knowledge and expertise within the motor trade. He achieved the highest score in the competition’s live finals, held as part of the Automotive Trade Show at the NEC in Birmingham, where he competed against 12 of the country’s best technicians in a series of practical tests.

Related news:

  1. Top Technician 2006 Results
  2. The UK’s Top 12 Technicians Go head to Head
  3. Euro Car Parts Buys LSUK
  4. “UK Car Dealer Numbers Will Decline” – Analysts

Three new TSW wheels for the UK market

The UK distributor for TSW Alloy Wheels, Yokohama HPT Ltd, has announced three further additions to the company’s range of replacement alloy wheels – the Demon, Terra and Shadow. The Demon is a ten-spoke wheel, featuring five pairs of flat-faced and hard-edged spokes running to the rim’s outer edge. Not only does these enhance the wheel’s sense of size – it also creates an aggressive appearance, well suited for performance or modified cars.

The faces of the spokes and the outer edge of the rim are machine-cut and lacquered while the recessed, webbed mounting flange and the inside of the spokes and rim are finished in a ‘liquid smoke’ paint. The Demon will suit most five-stud applications and will allow brake conversions to be shown off in their full glory.

The Terra also features hard-edged spokes, but this time there are eight and the appearance is more restrained. Again, the spokes run to the outer edge of the rim to enhance the wheel’s size on the car and are machine-cut, as is the edge of the wheel rim. However, in contrast to the Demon, the Terra features four elongated teardrop details formed in alternate spokes, radiating out from the bolt-holes.

Related news:

  1. Three New MAK Wheels to Hit UK Roads
  2. Yokohama HPT Offers New Marque Specific Wheels
  3. A Weight off Your Mind
  4. Wheels From Wolfrace

Incentives Offered for Michelin to Open Thailand Regional HQ

A working group from Thailand’s Board of Investment has proposed granting Siam Michelin tax incentives to aid the company – a partnership between the Michelin Group and the Siam Cement Group – establish a regional operating headquarters within Thailand. The proposed establishment would cost an estimated Bt88 million (£1.38 million) and would service the far-east region.

Board of Investment deputy secretary general Hiranya Sujinai said the suggested incentives were earmarked for a regional operating headquarters that could supply raw materials and parts for Michelin tyres, conduct research and development, promote regional sales and marketing as well as to provide training programmes for Michelin personnel in a number of countries including China, Japan, Australia, South Korea, Malaysia, Singapore and Taiwan.

Related news:

  1. Chinese Auto Market Set to Boost Growth for Bridgestone
  2. South China Tire & Rubber – New Kid on the Block
  3. Bridgestone Officially Opens Steel Cord Plant in China
  4. Making OTR Tyres Last Longer

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.