Red Dot Design Award for upcoming electric bus tyre
Hankook Tire & Technology shares its latest triumph, being named ‘Winner’ in the Product Design category at the Red Dot Design Award 2024.
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“Solid results in the midst of challenging market conditions” – Titan International’s Q1 2024
Titan International, Inc. has reported financial results for the quarter ending 31 March 2024. Results for Q1 2024 include approximately one month of results from the 29 February 2024 acquisition of Carlstar Group LLC. Net sales decreased 12.1% year-on-year, to US$482.209 million, and net income attributable to Titan and applicable to common shareholders was down 71.1%, to $9.201 million.
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Sailun sets sights on 100% sustainable material usage by 2050
Yuan Zhongxue, director of the National Engineering Research Center for Rubber and Tire and honorary chairman of the Sailun Group, announced sustainable development goals (SDGs) for the tyre maker during the recent 2024 China Rubber Conference. The SDGs aim to progressively increase the utilisation of sustainable materials in tyre production, targeting 40 per cent by 2030 and striving for 100 per cent by 2050. Additionally, Sailun aims to reduce per tyre energy consumption and carbon emissions by 30 per cent, compared to 2022 levels, by 2030.
Continental a main sponsor & official tyre supplier of the Giro d’Italia 2024
Continental is continuing to expand its cycle racing sponsorship remit. The Tour de France is set to begin on 29 June, and before then the company will step up as the official tyre partner and one of the five main sponsors of this year’s Giro d’Italia, which gets under way this coming Saturday.
15 new Alliance Agriflex+ 372 sizes
The Alliance Agriflex+ 372 tyre range for tractors and combines is growing with the introduction of 15 new sizes, bringing the total number available dimensions up to 50. Yokohama-ATG (Y-ATG) is now additionally offering the Agriflex+ 372, which is the only steel belted VF tyre available in the market, in VF900/65R46, VF900/60R42, VF900/50R42, VF800/70R42, VF710/70R42CFO, VF650/60R42, VF710/55R38, VF680/80R38CFO, VF680/75R38CFO, VF500/85R34CFO, VF580/80R34CFO, VF680/85R32CFO, VF710/65R30CFO, VF620/70R30CFO, VF520/85R30CFO.
Hankook Tire – operating profit up 109% in Q1 2024
Hankook Tire & Technology has disclosed its financial performance for the first quarter of 2024, reporting sales of KRW 2,127.2 billion (£1.2 billion) and an operating profit of KRW 398.7 billion (£230.8 million) based on global consolidated financial results. Year over year, sales saw a modest increase of 1.1 per cent, while operating profit surged by 108.8 per cent.
Efficiency & winter performance – Bridgestone introduces new van tyre
Bridgestone has announced the launch of its latest winter tyre for light commercial vehicles, the Duravis Van Winter Enliten. The range is available in 19 sizes for 15- to 17-inch rim diameters.
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- Bridgestone’s new van tyre tested as ‘best-in-class’ for efficiency and braking
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- Bridgestone’s full-service tyre and fleet management proposition for van fleets
- Bridgestone to supply Blizzak W810 winter tyre to Ocado van fleet year-round
Nokian Tyres Q1 2024 financial results
Nokian Tyres has released its financial results for the first quarter of 2024, showcasing a resilient performance despite several challenges. The company reported net sales of 236.6 million euros for the period spanning January to March 2024, largely unchanged from the 236.4 million euros in the same period last year. When adjusted for comparable currencies, net sales saw a modest increase of 1.4 per cent.
Sailun bringing Road to Cologne 2024 tour to UK
For the Sailun Group, the weeks between now and the start of The Tire Cologne on 4 June 2024 will be occupied by its Road to Cologne 2024 event. Sailun will visit six key markets in the coming weeks to help its European dealer network get better acquainted with its range, including products boasting the latest EcoPoint3 technology.
Autogem Under Pressure is back
Autogem Invicta Ltd has confirmed the return of its award-winning competition that aims to “celebrate TPMS excellence across the UK.” Under Pressure ’24 begins on 28 May and is open to all UK tyre technicians using Autogem’s patented i-Sensor technology. The competition promises to be “bigger and better than ever before.”
Apollo Tyres partners on EV tyre cut & chip test track
Apollo Tyres has announced a “significant partnership” with India’s National Automotive Test Tracks (NATRAX), one of the country’s leading providers of testing and validation services. The partners are establishing a test track for validating electric vehicle tyres and low rolling resistance tyres. According to Apollo Tyres, this dedicated testing facility for EV manufacturers is the first of its kind in India.
TBC Corporation promotes Don Byrd to president & CEO
TBC Corporation (TBC) has named Don Byrd its next president and chief executive officer. He will assume this role with the North American replacement tyre distributor on 1 May 2024, succeeding Sam Kato, who will return to TBC shareholder Sumitomo Corporation.
European replacement tyre sales mostly down in Q1 2024
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has published its members’ Q1 2024 replacement tyre sales figures, and the general trend remains towards lower sales volumes. “The general inflationary context continues to affect the demand in all tyre product lines,” comments Adam McCarthy, ETRMA secretary general.
Continental highlights innovation & growth at 2024 AGM
Chief executive officer Nikolai Setzer set the tone for Continental’s future during the 2024 Annual Shareholders’ Meeting last Friday, emphasising the company’s pivotal role in advancing mobility technology. This year’s meeting marked a return to in-person gatherings after a five-year hiatus, with a simultaneous live stream for broader accessibility.
LSW headlining growing Goodyear Farm Tires range at TTC
Goodyear Farm Tires will shine the spotlight on its growing prominence in the European agricultural market and further expand its dealer partner network at The Tire in Cologne this June. During the three-day show, Goodyear Farm Tires display its innovative and flagship Low Sidewall (LSW) range, fresh from opening a new Technology Development Centre in France in April that makes the products more accessible to the European market.
