Ruia Group chairman taken into police custody
Numerous media outlets in India have reported the arrest of Pawan Ruia, chairman of the Ruia Group of companies, whose assets include in-liquidation tyre maker Dunlop India Ltd. Ruia was arrested on Friday in response to a complaint of cheating and criminal breach of trust filed against him by Indian Railways. He is currently in the custody of West Bengal Police’s Criminal Investigation Department.
Continue ReadingAutopromotec 2017 sells out, tyre section doubles
Show space for Autopromotec 2017, which runs from 24 - 28 May 2017 has already sold out - six months before opening. According to the show’s organisers Promotec Spa, the growth comes as a result of a 19 per cent increase in the number of exhibitors compared with the same period in 2014.
Continue ReadingTread design rights: Bridgestone wins lawsuit against Triangle Tyre
China’s Supreme People’s Court has ruled in favour of Bridgestone Corporation in a lawsuit that investigated the alleged infringement of its tyre tread design rights by Chinese manufacturer Triangle Tyre Co., Ltd.
Continue ReadingMobivia Groupe to complete acquisition of tyre retailer A.T.U. this month
German tyre retail and fast fit chain A.T.U. has been sold to France’s Mobivia Groupe. Several hours ahead of a predetermined deadline, New York-based hedge Fund Centerbridge Partners LP, which has owned the network since 2013, successfully negotiated a significant rent reduction with the landlords of its outlet sites, including Lino Management, owner of 273 A.T.U. sites. According to reports, the annual leasing cost for the centres located on Lino-owned properties will fall from 57 million to 30 million euros. The rent reduction clears the way for Mobivia Groupe’s acquisition of the more than 600 A.T.U. centres in Germany, Austria and Switzerland.
Continue ReadingTyre production to increase at Yokohama’s Philippines plant
It is 20 years since Yokohama Rubber established its Yokohama Tire Philippines, Inc. (YPTI) passenger car tyre manufacturing and sales subsidiary and commenced work on a new plant.
Continue ReadingSentury launches first run-flat
Back in the middle of November, Sentury Tire launched its first run-flat tyre under the Landsail brand name. Now the Landsail 255/55 R18 109V all-season run flat tyre ha been developed and tested, Sentury has taken it to the market and says: “This new product is the evidence of Sentury’s strength of innovation” and is a justification of the firm’s ‘“Top Ranked Product is Made in China” advocacy’.
Continue ReadingExmile: Up and coming OE OTR tyre supplier
Exmile Tyre may be the OTR tyre OE supplier you have never heard of. However, according to the company, Exmile provides OE services to “more than 20 global and domestic machinery and equipment manufacturers” such as: Jungheinrich, Doosan, Terex, Manitou and Tailift. In the replacement market, Exmile tyre reports that it enjoys a good reputation and growth in countries like Australia, USA, South East Asia, East Europe, Mexico, Colombia and Chile.
Continue ReadingMRF exhibiting at Tyre & Rubber Indonesia 2017
MRF Tyre has confirmed it will exhibit at Tyre & Rubber Indonesia 2017 from 29 March - 1 April 2017 at JIExpo Kemayoran Jakarta, Indonesia.
Continue ReadingYokohama extends sole tyre supplier deal with All-Japan F3 Championship
Yokohama has extended its agreement to supply its global flagship Advan racing tyres as the sole control tyre for the All-Japan Formula 3 Championship Series through until the end of 2019. The extension means Yokohama Rubber will be the sole tyre supplier to the championship series for nine straight years, starting from 2011.
Continue ReadingAlgeria’s Sonatrach considering tyre production venture
Algerian state oil company Sonatrach is looking to enter the tyre business. The Algeria Press Service (APS) shares details given by group vice-president for Downstream Activity, Akli Remini on the sidelines of the Ogex 2016 oil and gas exhibition; Sonatrach will cooperate with foreign partners on a project to produce “5 million tons of tyres per year.”
Continue ReadingBridgestone extends lease on ATW tyre making facility
Bridgestone Americas has exercised a two-year lease extension option on its Advanced Technology Workshop (ATW) manufacturing facility located in Akron, Ohio.
Continue ReadingTrelleborg presented national agricultural tyre Visãoagro award in Brazil
Following its award for ‘Best Agricultural Tire’ in the south-eastern region of Brazil for the third consecutive year at the VisãoAgro Awards, the performance of Trelleborg’s agricultural tyres in the sugar cane industry has also been recognised for the first time nationally.
Continue ReadingMultistrada celebrates arrival of Paris Saint-Germain Academy in Bali
Yesterday in Bali, French football team Paris Saint-Germain and its tyre partner, Indonesian manufacturer PT Multistrada Arah Sarana. Tbk, announced the forthcoming opening of a year-round Paris Saint-Germain Academy run by Indonesian first-division club Bali United. This announcement is supported by the implementation of an exchange programme on training skills and methodology between both clubs through the Parisian youth development academy.
Continue ReadingPirelli recalls Maserati OE tyres in USA
Up to almost 1,200 original equipment Pirelli tyres are being recalled in the USA due to concerns that cracks may develop in the tyres’ lower sidewall area. The US National Highway Traffic Safety Administration (NHTSA) reports that the P Zero All Season tyres in question are size 275/40R19 101W fitments manufactured between 29 February and 29 October 2016 and fitted as original equipment on Maserati cars.
Continue ReadingReifen China, Shanghai | 01/12/2016 – 03/12/2016
Reifen China originated from Reifen in Essen, Germany, which has been running every two years since 1960. Reifen show is the largest professional tire fair in the world today after going through half a century of continuous development. In 2007, the Asian Essen Tire Show was officially launched in China through the cooperation of China […]
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