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Advanced Compound Fillers Increase Fuel Economy

Fuel prices have been increasing across the board since 1988. Drivers today have to spend more than twice as much per litre of petrol used than at that time. And the trend is set to continue. In fact, the International Energy Agency (IEA, Paris) expects demand for all types of fuel to significantly increase – by as much as 50 per cent over the next 25 years.

So much for the bad news. But there is also good news –chemicals company Degussa AG (Dusseldorf), intensified the work in its Advanced Fillers & Pigments Business Unit aimed at improving the properties of truck and car tyres alike. This work has led to fuel consumption reductions of up to eight per cent – depending on how figures are compared. Based on an average of 150,000 kilometres per truck, this could result in annual fuel savings of approximately 2,500 litres – a substantial amount.

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  2. Cooper Completes Sale of Automotive Unit
  3. CTNA’s Charlotte Tyre Plant Faces Uncertain Future
  4. Award for Goodyear

Michelin Achieves Profit Growth Through Price Rises

Michelin has reported an operating income of 1,368 million euros for 2005, up 5.1 per cent on a year earlier. According to Financial Times Deutschland, this is well above financial analysts’ estimates and reflects the higher prices that Michelin has been able to achieve, more than compensating for raw material cost increases.

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  1. Michelin Full Year Sales Down
  2. Michelin Share Price Increase
  3. Michelin Issues ‘Reassuring’ Profit Warning
  4. Michelin to Feel the Effect of Rising Material Costs Next Year

Bridgestone Profits up 58 per cent

Bridgestone Corp’s full-year 2005 figures show that the company’s net profit surged 58 per cent last year to 180.7 billion yen (£877 million, 1.283 billion euros). In the 12 months ended 31 December annual sales rose 11 per cent to 2.69 trillion yen (£13.072 billion, 19.123 billion euros). The majority of the corporation’s turnover came from its tyre business, which contributed 2.156 trillion yen (£10.474 billion, 15.311 billion euros) a 12 per cent increase on the 1.931 trillion it generated in 2004.

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  1. Bridgestone appears in good shape again in America
  2. Bridgestone Settlement Could Benefit US Operations
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  4. Bridgestone Firestone Employee Contract Extension Approved

Rossi’s 16-Inch Rear

During testing for the Sepang MotoGP test, world champion Valentino Rossi has been spotted with a special 16-inch rear Michelin tyre, as opposed to the usual 16.5 inch tyre that can be found on his factory M1. “We worked very well with Michelin and with one or two new tyres that they brought we made some good improvements to the vibration (chatter),” Rossi told crash.net, without making any specific mention of a different tyre size.

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Ex-Dunlop Site Could Produce New MG Smart Cars

Corporate problem solver, David James is reportedly in advanced talks to buy the MG Rover brand from Nanjing Automobile. A move that, according to The Times, could “sound the death knell for the Longbridge plant.” James is said to be planning to use the MG Rover brand on Smart Roadster cars. Until now these cars have been produced by Mercedes in Coventry. James is believed to have agreed to buy the design, technology and equipment of Mercedes’ Smart Roadster car for about 20 million euros and old Dunlop tyre factory in Coventry for about 10 million euros.

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Pirelli UK Alters Pay Arrangements?

Managers at Pirelli’s Carlisle facility have reportedly told unions that they want to keep workers’ annual pay increase below the rate of inflation. Pirelli’s Wolfgang Meier, who replaces previous UK industrial director John Nixon, is said to have argued that workers must accept lower pay rises to keep the site competitive. He also suggested that some manufacturing functions would have to be outsourced. However, Pirelli representatives downplayed The News & Star coverage, saying that Meier’s comments were taken out of context.

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Four Drivers Named Goodyear Highway Hero Finalists

(Akron/Tire Review) Goodyear Tire & Rubber Co. has named four truckers as finalists in its annual North America Highway Hero Award. The winner will be announced at next month’s Mid-American Truck Show in Louisville, Kentucky, Mar. 22-24. “We are indebted to truck drivers across the United States and Canada who keep America rolling,” said Steve McClellan, Goodyear’s vice president for commercial tire systems. “In this, the Goodyear Highway Hero Award’s 23rd year, it was especially difficult to select just four truck drivers who placed themselves in harm’s way to save someone else.”

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Trelleborg Group Shows Growth

The Trelleborg Industrial Group has published its financial results for 2005. Net sales were 24,170 million Swedish Kronor (SEK) or 2.57 billion euros, compared with the 2004 figures of SEK 22,912 m (2.43 bn euros). Net profits for the year, excluding restructuring costs, amounted to SEK 1,177 m (125.3 m euros); five per cent higher than the 2004 figure of SEK 1,122 m (119.4 m euros).

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Race Your Way To Monte Carlo

The Dunlop Race Academy is pulling up to the starting grid once again as the 2006 contest opens to applicants. Over 8000 people applied to enter last year and Dunlop is expecting even more this time round as budding racing stars compete to race in a televised championship race at Donington, before jetting off to Monaco to sample the life of a racing driver.

Seven regional finalists will be chosen to undergo training at Donington from experts such as Le Mans 24 Hour racing driver, Calum Lockie, as they endeavour to learn the skills needed to be a star on the track.

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  2. Dunlop Race Academy 2
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RMA Adds 100 Green Dealers

The Retread Manufacturers Association (RMA) has expanded the membership of its Green Dealer Scheme for tyre retailers who stock retreaded tyres. Following an in-depth research and recruitment campaign, the Association has added over 100 new outlets to its list of passenger retread stockists, bringing the total number of retail outlets listed under the scheme is 319.

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WRAP Forum Focuses on Landfill Ban Legislation

The impact of new legislation banning tyre shred from landfill sites was the main discussion topic during the second WRAP (the Waste & Resources Action Programme) Tyres Stakeholder Forum. Over fifty representatives from organisations involved in both new and recycled tyre markets gathered in London in January to receive updates on WRAP’s progress since the first Forum, held last June, and continue to provide views and guidance to WRAP on its activities under the programme.

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Dunlop Bike Tyre Tops Test

The new Dunlop Sportmax Qualifier scored a decisive victory in its first major international comparative tyre test, being declared as “awesome” by top test riders. The test, carried out by US magazine, Sport Rider, compared the top road tyres on the market in a gruelling assessment of traction, braking, steering response and general handling qualities.

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Goodyear Reports Q4 Net Loss Despite Record Sales

Goodyear has reported a fourth quarter net loss of $51 million for 2005, compared with the previous year period’s net income of $125 million. This year’s lower result was put down to losses caused by the sale of the company’s farm tyre unit. Despite the losses the company recorded sales of $4.9 billion in the fourth quarter and a full-year sales record of $19.7 billion. According to the company, sales benefited from improved pricing and product mix and higher volume in the international tyre businesses, while the effect of currency translation reduced sales by approximately $107 million in the quarter.

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Mechanics More Expensive than Doctors

What Car? has continued its criticism of the UK garage business by publishing an investigation into car servicing costs at 200 UK dealers. The research shows it can be cheaper to employ a barrister or a doctor than a mechanic.

According to the magazine, consumers frequently pay more than £100 per hour for labour at franchised dealers. Hourly rates vary across the country, from £49 for Vauxhall in Scotland to £140 for BMW in London. A locum doctor charging between £350 and £500 per day is cheaper. Even a criminal law junior barrister will charge as little as £30 per hour.

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  4. Emphasising the “Good” in Goodyear

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