Linglong certified by Responsible Supply Chain Initiative
Linglong Tire was successfully certified by the Responsible Supply Chain Initiative RSCI e.V. association effective January 2024. The association was founded in 2021 by the Association of the Automotive Industry (VDA) together with 14 other founding members, including Daimler AG, Volkswagen AG and BMW AG. In January 2023, Linglong Tire became the only tyre manufacturer to join the alliance.
Continue ReadingGoodyear sells Cooper Avon assets to Nova, leases Avon motorsport tyre brand
Goodyear executives have confirmed that Turbalvoroco Unipessoal LDA, trading as Nova Motorsport (Nova), will buy “certain assets used in the manufacturing and sale of” Avon-branded motorsport tyres. Nova has also acquired “the brand license, traditionally used in the manufacturing and sale of certain motorsport tyres under the names ‘Avon Motorsport’ and ‘Avon Racing’”. Tyres & Accessories understands that Nova plans to continue the production of some of the Avon Motorsport product range independently from Goodyear.
Continue ReadingPirelli: F1 teams ‘working hard’ to reduce overheating’ in new cars as Ferrari goes fastest
Pirelli revealed that Formula 1’s teams worked hard on “adapting the new cars to the tyres” in the final pre-season Formula 1 test in Bahrain, focusing on the prevention of overheating. 19 drivers from all the teams completed several long runs, supplying plenty of data to analyse in preparation the 2024, which commences on 29 February at the same circuit. Pirelli said the information gathered from the test is very important, especially to confirm if the aerodynamic load simulations provided by the teams over the winter break have been correlated in reality on track.
Continue ReadingPirelli looks forward to Bahrain opener for longest Formula 1 season in history
Pirelli continues its stint as exclusive tyre supplier to Formula 1 as it returns to Bahrain for the first round of the 2024 season on Thursday 29 February to Saturday 2 March. This represents a scheduling change for the usual F1 weekend, with two practice sessions on the Thursday, qualifying on Friday, and the race on the Saturday. This will be retained the following weekend in Saudi Arabia. Formula 1 made the change to accommodate the start of Ramadan on the second Sunday of March. Pirelli says Formula 1 teams arrive in Sakhir with plenty of information about how the car and tyre package works on this particularly abrasive track, where traction and braking stability are key to performance: both on a flying lap as well as on longer runs. Pirelli has selected its three hardest compounds for the P Zero tyres it will supply in Bahrain; the C1 and C2 will be the hard and medium compounds for the race, while the C3 is the qualifying option.
Continue ReadingSerbian president: Linglong could be 5th or 6th largest exporter
Linglong is set to become Serbia’s fifth or sixth largest exporter or at least that is what Serbian President Aleksandar Vučić said he hopes happens, in an interview with Chinese media.
Continue ReadingXingda reveals its plans to recycle scrap tyre cord
Liu Jinlan, chairman of the board of directors of Xingda Steel Cord, said that he is prepared to continue to expand production in the next seven years. Specifically, the company plans to have an annual production capacity of steel cord and various steel wire products reaching 2.33 million tons by 2030, with revenue exceeding 20 billion yuan.
Continue ReadingHou family withdraws from Nankang board of directors
Nankang announced that several directors and independent directors have resigned from the board of directors. Tyrepress China noticed that the directors Huang Mingyou and Chen Hsueh Sheng, who resigned from the board of directors, are both representatives of Kuo Yang Group. At the same time, He Siao-Dong, who came from Kuo Yang Group and served as vice chairman of Nankang subsidiary Nanzong Construction Developments, also announced his resignation.
Continue ReadingPrometeon joins ETRMA
Prometeon Tyre Group has become a full corporate member of ETRMA effective immediately. ETRMA president Chris Delaney welcomed the decision, saying: “I am thrilled to welcome Prometeon as a full Member of ETRMA. Their membership will enhance the representativeness and expertise of the organisation”.
Continue ReadingInfopro Digital buys DriveRightData
DriveRightData’s acquisition by Infopro Digital aligns with the company’s “commitment to quality, accuracy and innovation” and the two firms’ integration “will cultivate synergies across both global product portfolio” DriveRightData representatives said in a statement announcing the news on 23 February 2024.
Continue ReadingCompilator agrees TiDaeX integration with e-jobsheet
Compilator AB, part of UK-based Kerridge Commercial Systems Limited, is partnering with Mobile IT Apps to deliver TiDaeX integration via the e-jobsheet tyre service app for the UK and the Republic of Ireland. The move comes in anticipation of its planned expansion into Scandinavia and North America. The integrated partnership will be formally introduced at the ITIA conference in Dublin on 29 February 2024.
Continue ReadingProfits of listed Chinese tyre companies rise sharply
A number of Chinese tyre manufacturers have stated that their net profits significantly increased year-on-year in 2023. Doublestar is one of the few tyre companies that was still losing money. Jiangsu General turned losses into profits. In terms of net profit alone, Sailun’s 3.1 billion yuan suggest the company gradually widened the gap between itself and Linglong. Currently, ZC Rubber has not officially disclosed its operating data for 2023. Therefore, it is not yet possible to judge who is in the leading position in terms of net profit between Sailun and ZC Rubber.
Continue ReadingToyo Tires sponsors golfer Yuka Saso
Toyo Tire Corporation has signed a sponsorship agreement with Japanese female professional golfer Yuka Saso. Yuka Saso has achieved excellent results since her amateur days, winning the ICTSI Eagle Ridge Ladies Invitational in the Philippines, on the womens tour as an amateur at just 14 years old.
Continue ReadingCeat extending cricket remit with IPL partnership
Tyre maker Ceat Ltd is bowling another over in its sponsorship of the Indian Premier League (IPL). The company first partnered with the men’s Twenty20 cricket league in 2015 and renewed the arrangement for a further five years in 2018. The Board of Cricket Control in India has now confirmed its selection of Ceat as an IPL Official Partner.
Continue ReadingBrembo breaks ground on 40-million-euro Thailand motorbike brake factory
Brembo is set to open its first production site in Thailand having agreed to invest 40 million euros in the factory as part of the company’s strategy expanding its industrial presence globally.
Continue ReadingTIA and USTMA found Tire Recycling Foundation
Across the Atlantic, the Tire Industry Association (TIA) and the U.S. Tire Manufacturers Association (USTMA) have formed the Tire Recycling Foundation, which the partners describe as “a collaborative initiative aimed at fostering sustainable and circular market solutions for end-of-life tyres”.
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