New Bandag Dealers In Egypt and Romania
Cairo-based Internile for Tyres Ltd and HL & H Prod Com SRL have joined Bandag’s retreader network, along with Internile Tyres, Egypt Bucharest-based HL & H Prod Com SRL recently went into business operating as a joint venture between two experienced specialists from the Israeli tyre sector. Since then, the Bucharest public bus company Filaret has reportedly been full of praise for Bandag retreaded tyres. Filaret actually bought its retreads from Hatzav, the Israeli parent company of Bandag Dealer TGL (Aviation) Rubber Company, in Acre, Israel.
Continue ReadingMichelin Launches US Ticket Refund Process
Michelin have began the process of refunding US Grand Prix ticket holders after tyre failures turned the race into a six-car disappointment. Michelin North America and the Indianapolis Motor Speedway said all those who had bought race day tickets for the 19 June event were eligible. Some 120,000 fans attended the race and details of how to claim were provided through the US Grand Prix website.
Continue ReadingYokohama Thai Subsidiary Officially Opens
(Akron/Tire Review) Yokohama Tire Manufacturing (Thailand) Co, a subsidiary of The Yokohama Rubber Co, held its grand opening ceremony on 15 July.
Continue ReadingNew China Aftermarket Forum Launched
(Akron/Tire Review) MEMA’s Automotive Aftermarket Suppliers Association (AASA) has established the China Aftermarket Forum, a new discussion group for aftermarket executives heading their businesses’ Chinese operations. The China Aftermarket Forum will meet quarterly to discuss industry issues and solutions, share best practices and network with peers.
Continue ReadingBFNAT Workers Set to Strike Friday
(Akron/Tire Review) A 16 July report in the Nashville Tennessean said that workers at Bridgestone/Firestone North American Tire’s (BFNAT) medium truck tyre plant in Warren County, Tennessee, would indeed go out on strike at midnight 22 July.
Continue ReadingMichelin Sells US Steel Cord Operations
(Akron/Tire Review) Michelin North America (MNA) has sold its steel cord plant in Scottsburg, Indiana., to Hyosung America Inc. a subsidiary of Hyosung Corp. Terms were not disclosed, but the deal includes a 10-year, $650 million supply contract in which MNA will purchase finished steel cord for tires from Hyosung America.
Continue ReadingMichelin F1 Teams Not Guilty
The FIA senate has recommended that the World Motor Sport Council reverses the guilty verdict it imposed on seven Formula One teams following the US Grand Prix. It is anticipated that this recommendation will be put to the World Motor Sport Council by means of a fax vote in the next few days.
Continue ReadingShanghai Automotive Bids for MG Rover
The future of MG Rover is likely to be decided in the next few days after Shanghai Automotive Industry Corporation re-entered the bidding in partnership with a former Ford executive. SAIC’s confirmation of a strategic collaboration with Magma, which is run by Martin Leach, a former Ford Europe boss, and Ed Sabisky, a former General Motors executive, came after the administrator (PricewaterhouseCoopers) had threatened to sign a deal with its Chinese rival, Nangjing Automobile Corporation.
Continue ReadingThe Complete Package
In tyre circles the Kleber brand is a well-known name. And in mature European markets like France and Germany, the tyre is likely to be amongst the top ten brands that dealers call on. But what about the UK and the unique challenges that this market presents? With a new product set to be released in the early part of 2006, Tyres & Accessories took the opportunity to catch up with Kleber’s UK brand manager, Dominic Clark.
Continue ReadingAsia Rubtech 2006
The Asia Rubtech Expo 2006, is expected to attract around 900 delegates including 30 from overseas. The international conference, which will be organised by the Kerala and Mumbai branches of the Indian Rubber Institute (IRI) from will run from 23 to 25 November 2006 at Hotel Le Meridien in Kochi. Click here for contact details.
Continue ReadingApollo’s Kanwar Heads Exports Panel
(India/Rubber Asia) Onkar S. Kanwar, chairman of Apollo Tyres, has been named as the head of the Board of Trade working groups (WGs) set up by the Indian Commerce Ministry in order to boost exports from the country. Mr Kanwar, who is also the president of the Federation of Indian Chambers of Commerce and Industry, heads the WG on “trade facilitation”. The WGs were expected to submit their reports to the Board chairman before September.
Continue ReadingUS Tyre Shipments Strong in June
US tyre shipments rose 4.2 per cent year-on-year in June, possibly boosted by pre-buying ahead of June price increases. Deutsche Bank analysts, who also calculated the figures, found that shipments for the full quarter were in line with expectations, rising 1.5 per cent compared with the second quarter of 2004. As a result of the strike early in the second quarter, the analysts expect Cooper Tire to “underperform the industry during the quarter.” In contrast the report suggests Goodyear and other tyre manufacturers outperformed the market in the same period. “We continue to expect an inflection point for Cooper Tire in the third and fourth quarters, as production and industry pricing levels continue to rise,” said the analysts.
Continue ReadingEagle Revspec Wins Influential Australian Tyre Test
(Australia/Australian Tyre Dealer) The Goodyear Eagle Revspec RS-02 has won the best overall performance tyre award in the annual Wheels magazine tyre test for the second year running. The 235/45R17 performance tyre joins the Goodyear Eagle F1 GS-D3 as a Wheels award winner.
Continue ReadingB&J Rocket Relocate To New Office
From the 1 August B&J Rocket Sales AG will be located in new offices. According to executive manager, A Mueller, the previous arrangements were based on a number of small single offices and therefore were not as conducive to “communication and teamwork between staff” as they might have been. That’s why the company has relocated to open plan office space. Click here to see B&J Rocket’s new contact details in our infopool.
Continue ReadingJK Tyre Plans Latin American Production
JK Tyre is looking into the possibility of expanding its bias tyre production by making strategic share acquisitions in Latin America. “The demand for tyres, both in India and the international markets, is at a high. While we are expanding our production capacities in India, we also feel the need to source tyres from other markets to feed the growing demand,” said JK Tyre VC and MD Raghupati Singhania. At the same time JK Industries’ Mysore plant rolled out its millionth truck radial, marking a milestone for the company. The one-millionth tyre was presented at a function at the former Vikrant Tyres Truck Radial Tyre Plant that was acquired by JK Industries in 1996. Speaking on the occasion, deputy chief minister Siddaramaiah said the government’s decision to divest its stake in Vikrant Tyres had been vindicated. He said the capacity of the plant had increased from 100 tonnes in 1996 to 213 tonnes a day at present.
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