Nokian Tyres’ board confirms member roles
Following Nokian Tyre’s Annual General Meeting, on 10 April 2017, the company’s board of directors held an organisational meeting in which Petteri Walldén was elected chairman of the Board and Tapio Kuula was elected deputy chairman of the board.
Continue ReadingGlobal ADAS market to surpass 302 million units a year in 2022
The global automotive advanced driver assist systems (ADAS) market will surpass 302 million units annually in 2022, according to new analysis from business information provider IHS Markit.
Continue ReadingTopping out ceremony held for Bridgestone Americas’ new HQ
Bridgestone Americas has celebrated the ‘topping out’ of its new headquarters in downtown Nashville, Tennessee to mark the completion of the 30-storey structure. Joined by Nashville Mayor Megan Barry, Bridgestone Americas leaders also announced a new name for the headquarters; the new name, chosen by the company’s employees, is Bridgestone Tower.
Continue ReadingTyrexpo series working with the industry to become preferred event
We’re spoiled for choice when it comes to tyre trade exhibitions, and therefore the organisers behind these shows must compete to convince the industry that theirs is the one to visit. Tyrepress.com recently attended Tyrexpo Asia, and spoke with project director Andrew Tan about what he and his team have planned for the fair and for the Tyrexpo franchise in order to set it apart from the rest.
Continue ReadingTyre cord and fabric market size to reach US$6.40 billion by 2024
The tyre cord and fabric market will be worth over U$6 billion by 2024 on the back of robust growth in the automotive industry is the growth driver in the global tyre cord and tyre fabrics market size, according to a new report published by Global Market Insights. The US, India, Japan, China and South Korea are the prominent countries for the automotive sector and account more than 50 per cent of the global commercial and personal vehicle production in 2015. Growing middle class population along with rising consumer per capita disposable income in China and India will complement the automotive business growth by 2024.
Continue ReadingContinental building indoor tyre test centre in USA
A new indoor tyre test centre will be built at the Continental proving ground in Texas, USA. Around US$10 million will be invested to give the Uvalde site the capability of conducting indoor tests on all tyres manufactured in Continental’s North and South American plants.
Continue ReadingPirelli industrial/consumer tyre business split continues
In parallel with presenting its full-year 2016 results, Pirelli has revealed further details of its complex ownership structure and how it is splitting its consumer and industrial tyre business into two separate entities. The latest news is that, as of March 2017, TP Industrial holding (which owns the newly renamed PTG, which was called Pirelli industrial until recently – more on that later) has been separated out from Pirelli’s consumer tyre business. In practice this means the assignment of TP Industrial holding to Marco Polo, Pirelli’s sole shareholder. According to Pirelli, the assignment will “ensure that Pirelli and TP Industrial can pursue their own independent paths to growth and independently developed strategies”.
Continue ReadingPirelli coloured tyres debut on Italian police cars
Pirelli’s new coloured edition tyres, which were launched at the Geneva Motor Show, have made their road-going debut with the Italian police force. Lamborghini has donated a new Huracan to Italy’s police, which like every Lamborghini is equipped with Pirelli tyres as original equipment. However, this is the first road-going example to use the new coloured edition tyres following their Geneva debut – and naturally, the colour that has been chosen is a specially-created police blue to match the Lamborghini’s distinctive police livery.
Continue ReadingMicheldever confirmed as UK supplier for Insa-Turbo
Insa-Turbo has named Micheldever the sole distributor for the UK, building on the long-standing relationship between the two companies. Micheldever has distributed Insa-Turbo tyres – which are retreaded - for more than 10 years and in 2016 saw the brand grow by more than 15 per cent. Now the company is looking forward to future success with the Spanish off-road specialists.
Continue ReadingRichard Bender named Tire Dealers Association of Canada president
The Tire Dealers Association of Canada has announced the appointment of Richard Bender as president. TDAC’s primary mandate is maintaining a strong liaison with provincial tyre associations across Canada. The Tire Dealers of Canada recently announced they will be hosting a national trade show and convention in Toronto during September 2018.
Continue ReadingAditya Birla Group becomes Linglong Tire’s carbon black supplier
On 25 March 2017, Linglong International Tire (Thailand) Co., Ltd. entered into a strategic cooperation agreement with India’s Aditya Birla Group. At a signing ceremony attended by Dr Santrupt Misra, chief executive officer of Aditya Birla Group’s carbon black business, Sanjeev Sood, president of Birla Carbon in Thailand, and Wang Feng, chairman and president of Linglong Tire, the two parties committed to a strategic cooperation that will see Aditya Birla Group become Linglong Tire’s carbon black supplier.
Continue ReadingGiant tyre production: Belshina receives new equipment
Belshina JSC has taken delivery of two hydraulic presses and six moulds for the manufacture of 57-inch and 63-inch all-steel radial OTR tyres. The Belarus-based tyre maker states that the presses represent an “important part” of the reequipment process it is currently undertaken. The presses and moulds were purchased as part of a wider investment […]
Continue ReadingCooper Tire continues US baseball sponsorship
For the sixth consecutive year, Cooper Tire & Rubber Company will sponsor professional baseball teams across the USA. The 2017 season will include sponsorship of ten teams – the Atlanta Braves, Cincinnati Reds, Houston Astros, Kansas City Royals, Los Angeles Dodgers, Minnesota Twins, New York Yankees, Philadelphia Phillies, San Diego Padres and St. Louis Cardinals.
Continue ReadingKwik-Fit enters Italian market
The Kwik-Fit brand is now present in Italy following the opening of the first outlet in the country last Saturday. Kwik-Fit’s entry into Italy follows last year’s signing of an agreement between the company and CDG-ONE, a company belonging to Italian tyre distributor Segema S.p.A. As a master franchisee, CDG-ONE plans to build a network of more than Kwik-Fit 200 centres in Italy by 2026 – the first is now in operation in Buccinasco, Milan.
Continue ReadingTyre makers bidding for India’s Falcon Tyres
Several leading Indian tyre makers are said to be bidding to acquire Falcon Tyres Ltd., the company that supplies the Dunlop tyre brand in Indian market. The Economic Times reports that Apollo Tyres, JK Tyre and Ceat Tyres are amongst the leading bidders.
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