Goodyear Farm Tires’ low sidewall tech fitted to world’s largest tractor
The biggest tractor in the world, the 1,100hp Big Bud 16V-747 has taken advantage of Goodyear Farm Tires’ low sidewall (LSW) technology, after it was given its first tyre change since 1977. The Titan International agricultural tyre brand supplied Big Bud with 1400/30R46 tyres, fitting eight new rims and tyres. The giant tractor is housed at the Heartland Museum in Clarion, Iowa, its home for the last seven years.
Conti rated as ‘buy’ for ‘best cost base’ in the tyre business
Following comparably strong second-quarter 2020 results, some financial analysts have confirmed their “buy” rating for Continental AG shares. The reason? Ongoing cost-cutting plans as well as “deep restructuring measures”. Writing in an investor’s note published on 7 August, Jefferies equity research suggested Conti’s planned spin-off of its Vitesco powertrain operation plays a key role in this strategy:
The Tire Industry Association (TIA) is shifting its centenary celebration plans in light of the fall-out related to coronavirus – something that recently resulted in the postponement of the 2020 SEMA show. As a result, TIA’s 100th anniversary celebrations will now take place in 2021.
With roughly eight months to go before Tyrexpo Asia 2021, over 100 exhibitors from around the world have committed to the exhibition. Now, the show’s organisers are introducing a hosted buyer programme in order to encourage the right kind of footfall.
TMD Friction, through its Textar brand, has extended its wide range of brake pads for the European commercial vehicle (CV) market, introducing Brake Pad Set 2921101, which fits a Kögel Trax Trailer application.
As part of its ongoing awareness campaign, Ecobat Battery Technologies (Ecobat), the pan-European business behind Lucas Batteries, has catapulted the globally recognised brand back into the limelight as it takes its place on the British Touring Car Championship (BTCC) grid for the 2020 season.
HGS’s mega macs allows diagnostics on Mercedes-Benz vehicles with access protection
The connectivity functions in modern vehicles bring a host of benefits, but can also pose a risk in terms of tampering and unauthorised access to data. This is why vehicle manufacturers (VMs) are working on cyber security systems to make it more difficult to use the on-board diagnostics (OBD) interface to access data, and also be used to grant access via different authorisation levels.
Increase in van sales a cause for optimism, says NFDA
For the first time in many months, there was an increase in registrations of light commercial vehicles, up to 3.5 tonnes, says the National Franchised Dealers Association. Sales of light commercials rose by 7.1 per cent in July with 27,701 units, according to the latest SMMT figures. Much of this is considered to be pent up demand for vehicles that would have been acquired earlier this year. Year to date, the market is down by -39.0 per cent.
Goodyear unveils Pure ETCR Eagle F1 SuperSport tyre
Goodyear has revealed the bespoke Eagle F1 SuperSport race tyre that will be equipped to all cars in Pure ETCR. The series is the world’s first all-electric multi-brand touring car series. Goodyear is the exclusive tyre supplier and founding partner of the championship.
Giti CombiRoad technology introduced into 17.5” truck and bus market
The Giti GTR955 Combi Road tyre is being launched in three new 17.5” sizes. The development marks the first time Giti Tire’s latest truck and bus tyre technology has been available in smaller rims. Initially available in 215/75R17.5, it will be followed by the 235/75R17.5 and 245/70R17.5 in quarter four.
Maxxis MaxxCross MX-SM motocross sand tyre available now
Maxxis’s new sand motocross tyre is now in stock and available to buy today from distributor Bickers. The MaxxCross MX-SM is a sand and mud tyre designed to offer the performance expected by professionals to the everyday rider. Used on sand tracks in the 2019 MXGP season, the MaxxCross MX-SM has two championship titles to its belt already; the Junior Motocross World Championship 125cc and the European 125cc Motocross Championship.
Yokohama remains profitable in 1H 2020, despite coronavirus
The Yokohama Rubber Co., Ltd’s first half 2020 profit might have declined 92.5 per cent compare with the same period of the previous year to 1.3 billion yen (£9.321 million; 10.322 million euros, US$12.220 million), but the company did remain profitable as all tyre manufacturers have faced serious headwinds due to coronavirus. Operating profit fell 86.8 per cent to 2.9 billion yen. And salves fell 20.6 per cent to 247.1 billion yen.
Toyo Tire Corporation reported net sales of 150,586 million yen (£1.1081 billion; 1.195 billion euros; $1.414 billion), a decrease of 15.7 per cent compared with the same period in 2019. Operating income, which amounted to 7,928 million yen (£59.923 million; 63.027 million euros; $74.443 million), down 48.3 per cent on 2019, was hit worst.
All-season tyre growth, especially for premium brands – GfK
The Covid-19 pandemic and lockdown has made 2020 an annus horribilis for the UK car tyre market, with a near quarter-long lockdown slashing miles driven, original equipment sales due to prolonged factory closures, and reducing sales opportunities further with the government’s MOT exemption. However, tyre businesses have begun ramping up again in response to the reopening of business sectors, people returning to work, and the possibility that private car usage could become increasingly popular as commuters avoid public transport – though the trend for working from home could create more than a headwind for any growth in miles driven. Perhaps the greatest driver of UK car tyre sales growth in 2020 could be the projected spike in MOTs in the autumn, as the period of exemption expires for many pandemic affected motorists. Halfords Autocentres estimates that there could be an 85 per cent jump in demand for MOTs in October - click here for Tyrepresss own analysis of the MOT situation. Why is this important in a feature about all-season and winter tyres? As we are about to see, the all-season tyre segment continued its impressive growth over April 2019 - March 2020.
The Society of Motor Manufacturers and Traders has announced the first growth month for the UK’s light commercial vehicle (LCV) market since January. There was a 7.1 per cent increase in registrations in July, with 27,701 new LCVs joined Britain’s roads.