![Michelin to support international gathering for Citroën DS 60th anniversary](https://www.tyrepress.com/wp-content/uploads/2015/05/00074558_hd.jpg)
Michelin to support international gathering for Citroën DS 60th anniversary
Michelin will celebrate the Citroën DS’s 60th anniversary as enthusiasts create an international gathering this year. The tyre manufacturer has strong connections with its French compatriot, continuing to working with its motorsport teams and equipping all models of the DS sold in Europe.
Continue Reading![The Tire Cologne ‘confirms key players’ for 2018 opening](https://www.tyrepress.com/wp-content/uploads/2015/05/TireCologne.jpg)
The Tire Cologne ‘confirms key players’ for 2018 opening
The Tire Cologne – the Koelnmesse organised rival exhibition to Messe Essen’s Reifen series, commencing in 2018 – has fired the starting pistol in its registration phase. The exhibition, which will take place in Cologne at the same time as Reifen 2018 in Essen (29 May to 1 June 2018), will feature important tyre and wheel business players from across the industry.
Continue ReadingMicheldever targets accelerated growth with Protyre expansion
Micheldever Tyre Services says it will “begin the biggest period of expansion in its 43 year history” this year, with a large expansion of its Protyre retail network planned over the next 18 months. The wholesaler posted revenues exceeding £322m last year, selling 6 million tyres through 8,500 fast fit centres - including its own Protyre branded retail sites. Current low-end estimates could put this figure at around one in every five tyres replaced by UK motorists.
Continue Reading![Micheldever’s TyreClick to support independents’ online competitiveness](https://www.tyrepress.com/wp-content/uploads/2015/05/TyreClick.png)
Micheldever’s TyreClick to support independents’ online competitiveness
In the context of large chains and online specialists growing in influence, Micheldever Tyre Services (MTS), Britain’s largest independent wholesaler, distributor and retailer of tyres, states that its proprietary TyreClick solution could provide an answer for independent garage businesses. The increasing popularity of online tyre sales in European markets, recently noted by Michelin after purchasing Blackcircles.com, is resulting in increased competition for online sales from national chains and specialist internet traders. Recent movement in the online landscape has ignited the debate among independents about how they can compete, and Micheldever says it is stepping into the breach with TyreClick.
Continue Reading![Firestone brand relaunch continues with Reading Festival sponsorship, new tyres](https://www.tyrepress.com/wp-content/uploads/2014/08/BEN_6127.jpg)
Firestone brand relaunch continues with Reading Festival sponsorship, new tyres
Firestone’s relaunch through a series of summer music festival sponsorships – the Firestone Music Tour announced at the Geneva Motor Show – will include events in Spain, Germany, France, Poland, Italy and at the Reading Festival in the UK. Firestone has committed to a high-profile presence in Reading, led by a team of Firestone roadies incorporating a large Firestone stand, signage, special attractions, parking and campsite activities. A new Firestone website will also be launched shortly, supplemented by a concerted social networking campaign on a variety of online channels.
Continue Reading![Trelleborg to make first 2015 European Road Show stop in Parma, Italy](https://www.tyrepress.com/wp-content/uploads/2015/05/Road-Show-Italia.jpg)
Trelleborg to make first 2015 European Road Show stop in Parma, Italy
Trelleborg has announced that the first stop on its 2015 European Road Show for agricultural tyres will be Sissa Trecasali in Parma, Italy on June 5. The one-day event will provide two field demonstrations in which two tractors will compete over a 200 metre track, head-to-head.
Continue ReadingReport: Kumho and Yokohama ‘enhance’ partnership with OE deal
Kumho Tire and Yokohama Rubber Co., Ltd. are to enhance their recent partnership. Following the news that the two parties would cooperate in December 2013, Business Korea reports that Kumho and Yokohama are upgrading their agreement.
Continue Reading![Bridgestone sponsors Channel Four weather](https://www.tyrepress.com/wp-content/uploads/2015/05/C4-weather-picture.jpg)
Bridgestone sponsors Channel Four weather
Bridgestone has signed a high profile deal to sponsor Channel Four’s (C4) weather bulletins. According to the company, Bridgestone will be communicating with around 40 million people from 24 May right up until May 2016 in an attempt to connect with a broader audience, away from more commonplace automotive sponsorships of football and motorsport.
Continue ReadingPirelli’s Q1 2015 net profit up 12.2% to €101.4 million
First quarter revenues at Pirelli & C. S.p.A rose 6.5 per cent year-on-year to €1,473.2 million, the tyre maker reports; excluding a 4.1 per cent positive foreign exchange effect, revenue growth amounted to 2.4 per cent. EBIT rose 4.5 per cent year-on-year in the three months from 1 January to 31 March 2015 to €210.1 million, while EBIT margin reduced from 13.6 per cent to 13.4 per cent. Pirelli notes that the EBIT margin before restructuring charges was 13.6 per cent, compared with 14.0 per cent a year earlier. Net profit for continuing operations increased 12.2 per cent year-on-year in the first quarter to €101.4 million.
Continue ReadingDividend €0.367 per ordinary share approved at Pirelli shareholders’ meeting
The 2014 results for Pirelli & C. S.p.A – a consolidated net profit of €332.8 million and parent group net profit of €258.0 million – were approved at a shareholders’ meeting yesterday, and the decision taken to distribute a dividend of €0.367 per ordinary share and €0.431 per savings share. Dividends will be paid on 20 May 2015 (ex-coupon 18 May 2015 and record date 19 May 2015).
Continue ReadingPirelli one of America’s ‘most reputable companies’
In the US, Pirelli Tire North America has been named among the most reputable companies in the United States, according to the annual US RepTrak 100 list released by Reputation Institute and published in Forbes. The US RepTrak rankings measure the public’s perception of companies based on seven dimensions: innovation, leadership, governance, citizenship, workplace, performance, and products/services. The 2015 list of America’s 100 most reputable companies is compiled annually by Reputation Institute.
Continue ReadingSailun launches new European website
Sailun has launched a new European website, which the company says offers “a striking visual interface and clear, user-friendly navigation”. In addition, www.sailuntyre.eu is said to show Sailun’s global branding while showcasing the firm’s EU line-up.
Continue Reading![Pirelli and Maserati as a motorsport and OE partnership](https://www.tyrepress.com/wp-content/uploads/2015/05/Maserati-Driving-Courses-1.jpg)
Pirelli and Maserati as a motorsport and OE partnership
Ask Pirelli about its links with high-performance and ultra-high performance tyres and company representatives point to two things: 1) that by any definition, Pirelli exclusively makes high performance tyres. By many people’s definition Pirelli exclusively make ultra-high performance tyres that are quantitatively bigger in rim diameter than average fitments and – in the company’s opinion - qualitatively better that the competition; and 2) Pirelli’s order book is a who’s who of high-octane marques and such OE contracts demonstrate the company’s high and ultra-high performance tyre pedigree.
Continue ReadingYokohama establishes Singapore subsidiary
The Yokohama Rubber Co., Ltd., established a Singapore subsidiary called Yokohama Rubber Singapore Pte. Ltd. in April. The new subsidiary, capitalized at US$20 million (all equity capital from Yokohama Rubber), is scheduled to begin full operations from mid-May.
Continue Reading![Michelin evolves agricultural digital strategy, aims to establish innovative partnerships](https://www.tyrepress.com/wp-content/uploads/2015/05/Michelin-LPAG.jpg)
Michelin evolves agricultural digital strategy, aims to establish innovative partnerships
The digital strategy employed by Michelin’s Agricultural Product Line is undergoing a few changes. Explaining the main reasons behind this, the business unit’s digital communication manager Guylaine Drolet shares that the rethink was prompted by two observations.
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