Hankook issues sidewall cracking-related tyre recall in the US
Hankook Tire America Corp. (Hankook) is recalling certain Ventus S1 Noble 2 tyres I n the US because they may develop cracks in the tyre sidewall, resulting in a loss of air. The products subject to the recall are the 245/45R18 96W, manufactured 20 May 2013 to 14 February 2015; and size 245/40R19 94W and 275/35R19 96W tyres manufactured 22 May 2013 to 14 February 2015 supplied for 2015 Hyundai Genesis vehicles as well as being sold as replacement tyres.
Continue ReadingTitan, US union file petition against off-road tyres from China, India & Sri Lanka
Titan International has filed petitions with the US International Trade Commission and the US Department of Commerce for relief from imports of off-road tyres from China, India, and Sri Lanka. The petitions were filed jointly with the United Steelworkers union and allege that imports from China and India are being dumped in the US market in violation of international trade agreements and that imports from all three countries are benefitting from improper government subsidies.
Continue ReadingWinter tyre market softer this year – Continental
The winter tyre business is weather-dependent, and the milder temperatures seen in Europe at the start of the season haven’t been good news for manufacturers of these products. Bloomberg reports that Continental has experienced reduced demand for its winter tyres at the end of 2015. The tyre maker told Bloomberg that this season’s winter tyre sales will “probably will be slightly below levels of a year ago.”
Continue ReadingA graphene tyre breakthrough?
Interview Giulio Cesareo, founder and CEO of Directa Plus It may have been discovered in by scientists at the University of Manchester, but graphene is entering the tyre business via Italy after well-known bicycle tyre manufacturer Vittoria SpA launched a tyre produced using the Nobel Prize-winning material in conjunction with another Italian firm, Directa Plus. […]
Continue ReadingLassa gives FC Barcelona teams Christmas tyres
Lassa Tyres recently surprised the FC Barcelona Lassa teams with “holiday gift tyres”. According to the company, from now on the global talent of FC Barcelona Lassa Teams will be “under the protection of Lassa Tyres, whose durability and strong construction is approved by TUV SUD and is globally recognized”.
Continue ReadingCourt calls in liquidator to deal with Dunlop India – update
The Ruia Group has provided further information as a follow up to our news about Dunlop India Ltd. and recent proceedings in the Calcutta High Court. The Group’s vice-president of corporate communication, Dhrubajyoti Nandi, told Tyrepress.com that the reported court session of 22 December was challenged by the company before a division bench of the Calcutta High Court that same day. The division bench, shared Nandi, “ordered status quo.”
Continue ReadingBridgestone investing in US plant expansion
A planned expansion of a Bridgestone passenger car tyre plant in the USA will help the company respond to increasing global demand for higher rim size tyres, the company says. The Wilson manufacturing facility in North Carolina will be expanded as part of a five-year, US$164 million investment to meet market demands and to invest in newer and more efficient technology. Work on the multi-phase expansion of the 42-year-old facility is expected to commence in early 2016.
Continue ReadingPoint S/Däckteam partnership is the largest tyre retailer in Sweden
Point S Development’s existing network in Sweden has joined forces with Däckteam to form the largest independent tyre dealer network in the country.
Continue ReadingGiti confirms Chongqing truck tyre plant closure
Giti Tire closed its Chongqing, China truck tyre factory in November 2015 the company has confirmed. This means that roughly 90 per cent of the plant’s 1,100 workers will lose or have already lost their jobs, leaving around 100 staff in work.
Continue ReadingTyre production on the rise at ATG’s third factory
Alliance Tire Group, or ATG, calls itself the industry’s fastest-growing manufacturer of off-highway tyres. To support this expansion the company recently opened a new factory in Dahej, India. The tyre maker says the state-of-the-art 122,000 square metre plant utilises the latest manufacturing technologies and is currently able to produce 90 tonnes per day or 33,000 tonnes of tyres per annum, with capacity expected to rise to 57,000 tonnes a year by the end of 2016.
Continue ReadingYokohama exhibiting at Tokyo Auto Salon 2016
The Yokohama Rubber Co. Ltd. will again participate in the Tokyo Auto Salon, this year held 15-17 January at Makuhari Messe. According to the company, the Yokohama exhibit will showcase both the company’s tyres and aluminium wheels, with a particular emphasis on the Advan global flagship brand.
Continue ReadingGoodyear Dunlop’s Sava factory wins Ford Q1 award
The Goodyear Dunlop Sava Tires plant has received the respected Ford Q1 certification. The Ford Q1 certification acknowledges supplier facilities or manufacturing sites which have achieved excellence in a range of important criteria including capable systems, high performance, superior manufacturing process, and satisfied customers. The Q1 mark is considered worldwide as an indication of exceptional quality.
Continue ReadingCourt calls in liquidator to deal with Dunlop India
After years of lockouts, plant shut downs and operative restructuring, the Calcutta High Court has now ordered its Official Liquidator to take possession of all assets belonging to Dunlop India Ltd and to control all further company transactions.
Continue ReadingBridgestone receives payout as Pep Boys deal dies
The merger agreement signed between Bridgestone Retail Operations and The Pep Boys – Manny, Moe & Jack in October 2015 has been terminated, and in its place the US automotive service and retail chain has signed a definitive agreement under which Icahn Enterprises will acquire Pep Boys for US$18.50 per share in cash. Simultaneous with the demise of the Bridgestone agreement, Icahn Enterprises, on behalf of Pep Boys, paid Bridgestone a $39.5 million termination fee
Continue ReadingUS tyre makers urge climate change action
In a statement issued on 29 December 2015, the heads of five major North American tyre manufacturers called for the US government to not only meet the commitments it made in the recent Paris climate change talks, but to “use its economic might to drive strengthened commitments over time and follow through from other countries around the globe.”
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