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Goodyear Releases Kevlar Reinforced Tyres

In the US, Goodyear has released two new premium tyres aimed at SUV and light truck drivers. The Wrangler and Fortera both feature one of the company’s latest innovations, SilentArmor technology.

When Goodyear says its tyres use this technology, it basically means that the products include three distinct features. Firstly they use an “armour zone” that is comprised of a layer of DuPont Kevlar, a material five times stronger than steel. In addition, they feature an extra durable sidewall in order to resist punctures and cuts. On top of this the products include a rugged rim guard that helps protect wheels from rim damage. On the comfort side, the Fortera tyre features a layer that is designed to “soak up” road noise and vibration.

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  1. Goodyear Wrangler Selected for 2006 Hummer H3
  2. Goodyear Gets Jeep Compass Fitment
  3. Goodyear Launches New Tyres at Dealer Meeting
  4. Goodyear DuraTrac Helps Pick-Up Owners Work & Play Hard

Vredestein to Take Amtel to North America?

Amtel’s acquisition of Vredestein Banden might result in the Russian brand’s introduction to the North American market, Marc Luyten, Vredestein Banden’s director of marketing and sales, according to a Modern Tire Dealer Report. Mr Luyten’s suggestion follows the news that Amtel will buy Vredestein and is planning initial public offerings on the London and Moscow stock exchanges.

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  1. Amtel-Vredestein Launches “Premium” Vredestein Brand in Russia
  2. GPX Completes Purchase of MITL
  3. Amtel-Vredestein Posts $110 million EBITDA
  4. Amtel-Vredestein Sibur Deal Off

Pirelli Continues Rally Sponsorship

Pirelli will continue its UK and Ireland rally involvement, the company announced at January’s Autosport/Aftermarket Show. The manufacturer will sponsor the Kwik-fit Pirelli British Rally Championship and the Pirelli Irish Tarmac Championship, the latter for the second consecutive year. More than 3000 people visited the Pirelli stand during the course of the show. The company has since describe its participation as “a great success,” adding that its Ford Focus WRC simulator was one of the main attractions.

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  1. Pirelli Confirms 2005 Motorsport Involvement
  2. Pirelli Working to Beat Michelin.
  3. Keeping it Together
  4. Pirelli “Home” WRC Leg a Formidable Challenge for Tyres

Strike Threat at Tyre Plant Lifted

The threat of strike action at the Michelin tyre plant in Ballymena has been lifted, the Belfast Telegraph has reported. Workers at the plant voted by a substantial majority not to embark on a course of industrial action. As a result, union negotiators have told management that a pay offer, which had been rejected in November will now be accepted.

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  1. Michelin Workers Vote Over Ballymena Strike Action
  2. Stoke Industrial Action Put on Hold
  3. Michelin Pay Dispute Worsens
  4. Production Cuts at Third BFGoodrich Factory Announced

Bridgestone to Construct Third Plant in Mexico

Bridgestone has announced that it build its third factory in Mexico at a cost of $220 million (£117 million). According to Bridgestone, the factory will be the company’s first automated plant overseas from “initial processing of materials to final inspection of the finished tyres.” The plant will feature Bridgestone’s first installation of its BIRD (Bridgestone Innovative and Rational Development) system.

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  1. Continental struggles for turn-around on North American tyre market
  2. Closing Tyler to Save $50 million
  3. Aircraft Tyre Production Begins at Bridgestone’s Tokyo Plant
  4. Bridgestone Opens Giant Florida Distribution Centre

Indian Tyre Market Grows 8.3 per cent

The Indian tyre industry has grown at a rate of 8.3 per cent over the last decade, mainly fuelled by strong growth in the domestic car industry, according to research and markets. A new report from the analysts concludes that although the replacement market has driven the industry, the OE market has also seen robust growth over the last couple of years.

Confirming these findings, Apollo Tyres recently posted third quarter results showing a 7.74 per cent rise in net profits to £2,060,000 for the quarter ended 31 December. In response, Apollo shares were trading at 253.90 rupees, up 1.56 per cent.

The industry is highly capital intensive, requiring around 4 billion rupees to set up a radial plant with a capacity of 1.5 million tyres, and around 1.5 – 2 million to construct a crossply plant of the same capacity, research and markets reports. The Indian industry is dominated by a few main players. MRF, Apollo Tyres, JK Industries and Ceat all enjoy more than 70 per cent of the total market share.

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  1. Textiles Firm to Enter Tyre Business
  2. Tyre stocks skyrocket in India
  3. Indian Tyre Stocks Ride on Budget Hopes
  4. MRF Considering Price Rise

BERU Offers Additional Two Weeks

Following the expiry of its voluntary public tender period, BERU AG has begun an additional two week acceptance period for its shareholders. The additional period will run from 28 January to 10 Febraury 2005. During this additional acceptance time, shareholders will still be able to submit their shares in exchange for 67.50 euros per share in cash.

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  1. Ford Keeps It In The Family
  2. Dekk Partner aims to develop the independent market in the face of multinational competition
  3. Bridgestone’s Shares Fall
  4. Outperform Rating Pushes Michelin Shares to 17-year High

US Tyre Shipments Increase by 2.5 per cent

US tyre shipments increased by 2.5 per cent in 2004, compared with 2004, according to preliminary estimates released by the RMA. The group cited strong increases in the nation’s GDP and Industrial Product Index (IPI) as being behind this growth. The positive general figure contrasts with a 2.8 per cent decline in passenger car OE sales, which fell to 53 million units. Light truck OE also decreased by 600,000 units, or 7.5 per cent, to approximately 7.4 million units in 2004.

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  1. Metro Tyres Predicts Turnover Growth
  2. Plantation Workers Go on Strike – Reports
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  4. GM to Idle Plants this Summer

Michelin Loses 320,000 Tyres in Fire

Michelin North America Inc lost approximately 320,000 tyres because of fire at a South Carolina distribution centre, according to a Tire Business report. The fire was started on 13 January after a tornado (possibly two) lifted the roof off the facility and slammed it back down again. Residents living within half a mile were evacuated.

Michelin reports that the loss of tyres represents only a fraction of 1 per cent of the manufacturer’s unit sales in North America. Michelin added its financial loss is negligible since TNT carried insurance on the building and property, the US trade magazine added.

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  1. BFGoodrich Recalls 20,000 Tyres
  2. PAX Launch Earns PR Award
  3. Michelin to Double Tyre Donations to Emergency Crews
  4. Pirelli Quarter Results Show Net Income Rise

Avon Unleashes the Viper

“The new tyre range represents a major advance in sports tyre design and is the result of years of testing combined with original and innovative engineering concepts. We are proud to deliver this three-tier offering of 19 sizes to the motorcycle market and have great confidence that it will be enthusiastically received” – Avon’s motorcycle product manager, Pete McNally, can only be that enthusiastic about one thing – the Viper has finally been unleashed.

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  1. Cooper Tire Buys Mickey Thompson
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  3. Kicking Up A Storm
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The End of the Spare Tyre? – Results

When Tyres & Accessories published a question of the month on the subject of run-flat tyres, it provoked quite a reaction. At the time T&A asked: Should run-flat tyres be fitted on new cars as ‘standard’ original equipment?

The answers given were both varied and surprisingly. Although 45 per cent of those who responded answered with a definite ‘yes,’ more than a quarter of readers (27 per cent) said an equally definite ‘no.’ Almost the same number sat on the fence, so to speak, satisfied with the development of a two-tier market. Consequently the majority of respondents were either against or indifferent to the introduction of run-flat technology through OE, while the largest single group were for them. So, the question still remains: does anybody really want run-flats, or are manufacturers trying to introduce them by stealth?

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  1. Axle Group; turned around and heading on a new course
  2. RunOnFlat Comfort Praised
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  4. Survey: Canadians Steer Clear of Snow Tyres

Bridgestone Awarded Investors in People accreditation

Bridgestone UK has been awarded the Investors in People (IIP) accreditation, following a detailed audit of the company’s working practices. The IIP standard is a government-led business improvement tool designed to advance an organisation’s performance through its people, and provides strategies for managing people effectively, nurturing talent, and ensuring equal opportunities.

“This award is a ‘pat-on-the-back’ for the company and its employees,” said John McNaught, managing director of Bridgestone UK. “It shows that we are committed to providing our employees with a stimulating and rewarding place to work, communicating effectively, and working hard to provide opportunities for personal development.” The company will now be the subject of three-yearly independent inspections to confirm the maintenance of high standards in order for the IIP accreditation to be retained.

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  1. Bridgestone Celebrates Bulldog and Kingsway Investor in People Awards
  2. First Stop Network Grows
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  4. Bridgestone Secures First Chrysler LLC Fitment

Will F1 Lose a Tyre Supplier?

The FIA is still deliberating over whether or not to adopt just one tyre supplier for future Formula One series’ according to reports from Autosport magazine.

The association’s president, Max Mosley suggested the change in an effort to cut the F1 teams’ costs, saying that too much of the teams’ budget is spent on testing new compounds.

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  1. F1 Slicks Not a Certainty
  2. Another New F1 Tyre Rule Proposed
  3. F1 Tyre Warmer Ban Delay Rejected
  4. ‘We have a deal with Pirelli’ – Ecclestone

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