Pirelli OE on BMW M6
Pirelli tyres have been chosen as original equipment on the BMW M6, the German manufacturer’s new Luxury Sports Coupé, presented this week to the international press, exclusively shod with the ultra-high-performance P Zero Corsa System.
Continue ReadingSibur Reduces First Quarter Tyre Production by 25.5 per cent
Joint Stock Company Sibur reduced tyre production by 3.02 million units compared with 4.053 million units for the same period a year ago. The Russian Analytical Information Agency has reported that, in particular, Voltire cut tyre production to 585,000 units from 701,000 in 2004; Omskshina decreased output to 732,000 tyres from 1.425 million the year before and Yaroslavsky Tire Works cut production to 1.244 million from 1.493 million. At the same time Uralshina Ltd improved tyre output to 459,000 from 433,000 units. In total 3.121 million tyres are reported to have been shipped, a decrease of 586,000 tyres compared with the same period a year ago.
Continue ReadingDunlop Seeks UK’s Ultimate Biker
Dunlop is launching a search for Britain’s Ultimate Biker; a top motorcyclist capable of mastering a range of disciplines, displaying peak physical endurance and psychological readiness.
Continue ReadingTuberex Calls in Administrators
Matthew Hammond and Rob Hunt of PricewaterhouseCoopers were appointed Joint Administrators of Tuberex Exhaust Systems Limited on 30 March 2005. Based in Stafford West Midlands, Tuberex manufactures and assembles car exhaust systems for the after market and is considered to be number three in the UK market with a 12 per cent market share. It has suffered from difficult trading conditions in the last 18 months, largely, as a result of increasing steel prices. The company has a turnover of around £10 million and employs 130 people. “We are currently reviewing the Company’s financial position to establish whether a restructuring of the Company is possible. In the meantime Tuberex continues to trade as normal,” commented joint administrator, Matthew Hammond.
Continue ReadingGoodyear On Track To Break Even
Goodyear is “more or less on track…to come in around breakeven” during the first quarter of 2005, Deutsche Bank analysts have reported. The analysts went on to say that they foresee a modest profit ($0.05 per share) in the second quarter, while maintaining their $10 target sell rating. The market watchers suggest that Goodyear’s new $3.2 billion credit facility ($2 billion of which has already been used) has “bought the company enough time to turn its tyre business around. However, there was caution. The analysts warned that competition from America and Eastern Europe present challenges for the company, as do declining military revenues and lower auto production levels. In addition, competitors appear to be outpacing Goodyear’s efforts to shift to low cost markets, they concluded.
Continue ReadingATS Launches On-Line Authorisation Service
ATS Euromaster has lunched an on-line authorisation service for commercial vehicle fleet operators. In the past, authorisation for work required, has been carried out over the phone, sometimes causing delays or carrying the risk of possible disputes later on. The new system, which is being piloted at the moment and will be available to all ATS Euromaster account holders, will eliminate these potential problems.
Continue Reading£100 Campaign For BEN’s Centenary
National BEN Week raised over £18,000 for our less fortunate colleagues last year, thanks to the ‘£99 for 99 years’ campaign that the charity adopted. Hundreds of industry members took part by holding their own fundraising activities ranging from raffles and dress down days to cycle rides and other sponsored events. This year, to celebrate a century of care and support for the automotive and related industries, BEN will be bringing back the campaign but re branding it as ‘£100 for 100 years’ for National BEN Week, which runs from 18-24th July (inclusive of BEN’s actual birthday, 19th July). BEN wants even more industry members to get behind the campaign this year and raise a minimum of £100, either by holding a fundraising event or simply by sending in a donation, so that we can reach our target of £100,000 for BEN’s 100th birthday. However, as fundraising can be quite daunting, BEN has put together a fundraising pack, a comprehensive guide to planning and putting on events, sponsored activities and other fundraisers. Included in the pack are items such as the A-Z of fundraising, which is full of interesting ways to raise money, legal information and even posters and press release templates.
Continue ReadingTyres & Accessories Subscribers Area
From next Tuesday 19th April, our websites subscribers area can only be accessed by subscribers to Tyres & Accessories magazine. Access is via a unique subscribers number only. To find out your subscribers number contact Pat Aldous by email or on +44 (0) 1255 22 22 33.
Continue ReadingUS Panel Decides to Keep Steel Tariffs
(Akron/Tire Review) The US International Trade Commission voted 4-2 yesterday to retain tariffs on steel imports, saying that removing the duties would further hurt the struggling US steel industry. The tariffs specifically cover steel from Japan, Brazil and Russia. Duties on flat-rolled steel range from 20 per cent to 50 per cent, and were imposed about five years ago.
Continue ReadingKumho Slides into Drift Competition
(Akron/Tire Review) Kumho Tire USA has expanded its 2005 motorsport efforts, making its first appearance in professional drifting competition. Florida-based Enjuku Racing will compete on Kumho Ecsta MX tyres in Formula Drift, World Drift Challenge and D1 Grand Prix events. The team made its debut at a Formula Drift event in New Jersey on 16 April.
Continue ReadingFalken Announces Drifting Contingency Programme
(Akron/Tire Review) Falken Tire Corp has announced its 2005 contingency programme for Formula Drift series. Falken has put together a Team Falken “works” team, but is offering payouts to works or private teams using its tyres in Formula Drift competition. “Tyres are by far the most costly recurring expense in drifting,” said Nick Fousekis, Falken’s performance marketing manager. “We want to help drivers – and especially the privateer teams that earn their way to the winner’s circle on Falken tyres.” In the contingency programme, event winners on Falken tyres take home $2,000, while a series champion will win $5,000. Falken will pay through eighth place finishes per event, and first through third for the series.
Continue ReadingNew Michelin Supermoto Tyres
Michelin has expanded its range of supermoto tyres with the introduction of four new tyres: a soft front, a medium/hard rear, and front and rear wets. These are in addition to the existing medium/soft front and medium rear.
Continue ReadingYokohama Tire Philippines Starts Expansion Project
Yokohama Tire Philippines has started its P5.8-billion (£56.6 million) expansion project in the Clark economic zone. This, the third expansion project of the plant is designed to boost production to 20,000 tyres a day by September 2006 from its present 9,000 tyres a day capacity.
Continue ReadingFasep Introduce Tilting Balancer
Tyre equipment manufacturer, Fasep, has introduced a new automatic tilting balancer. The Videotronic V652 allows wheels to be mounted horizontally to aid centring. It also has a pneumatic tilt system with electronic control, full automatic wheel data input and a laser system for application of adhesive weights. A 15 inch LCD monitor has also been included in the design, to ease operation of the machine.
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From next Tuesday 19th April, our websites subscribers area can only be accessed by subscribers to Tyres & Accessories magazine. Access is via a unique subscribers number only. To find out your subscribers number contact Pat Aldous by email or on +44 (0) 1255 22 22 33.
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