31st Award For Kwik-Fit Fleet
Kwik-Fit Fleet has picked up its 31st award since the company began in 1987. This latest accolade comes from the Institute of Transport Management, which named the company Best European Fast-Fit. ITM has selected KFF as the UKs best fast-fit for the past six years.
Continue ReadingKorean Tyre Output Hit By Strike
Korean tyre manufacturer Kumhos production at Kwangju and Koksung had been halted by a walkout by 4,000 union members in protest at Government policies blamed for the loss of thousands of jobs throughout South Korea. Originally, a General Strike was planned from 5th July. Kumho representative, Lim Yoon, said the company would have lost $2.7m per day as a result of the strike. But – as Kumho says – further conflicts could be avoided and production is back to normal.
Continue ReadingTyre Pressure Monitoring Company In 3Q Loss
Canadian-based SmarTire Systems has announced a third quarter (ended 30th April) loss of CAN$ 2.1 million. This represents a net loss per share of $0.14 compared to a net income of CAN$9.6 million and a gain of $0.64 per share for the same period in 2000. SmarTire explain that the gain in 2000 was due to a CAN$12.2 million sale of investments, and that revenue for the 2001 third quarter stood 14% higher than in 2000, at CAN$265,463.
Continue ReadingGM Picks Bridgestone/Firestone As Supplier Of The Year
Good news for Bridgestone/Firestone Inc. in North America. GM has chosen the tyre manufacturer once again as their tyre supplier of the year and underlined the quality and performance of these tyres.
Continue ReadingSteel Wheel Contract For Hayes Lemmerz
Hayes Lemmerz International, Inc. has entered into a long-term contract with Skoda to supply steel wheels for the all-new Skoda Felicia. The wheels are currently being produced at the Companys European manufacturing facilities, in Manresa, Spain and Ostrava, Czech Republic.
Continue ReadingAdditional Orders From Ford For Continental
Continental has announced that it has received an additional order from Ford for over 2 million car tyres. Whether or not this is at the expense of Firestone is unclear. Continental now claims to be one of the biggest tyre suppliers for Ford in Europe, if not the biggest. In the US the tyre manufacturer is in dire straits. The Continental General tyre company is facing a loss in the US this year of up to 100 million Euro despite the fact that Continental also took advantage of the Firestone recall on the US replacement market. It is expected that Continental General will make another loss next year of up to 50 million Euro. The company also announced a restructuring program for the North American tyre market, aimed at saving costs of 90 million Dollars within 3 years. Presently Ford is not accepting General tyres as OE in the USA after the NHTSA said that the claim rate of the General Ameri 550 S is much higher than the Firestone tyre, which it replaces.
Continue ReadingPremio Tyre Dealers Annual Meeting
This year’s meeting of the German co-operation of independent tyre dealers under the umbrella of the retail brand premio had as its motto time for take off. Round about 125 outlets are members, with only a few having more than one service station. The downside of the premio network is that the brand premio is not well-known among end users. One reason for this is the fact that the chain is relatively young, about five years old. Of course a brand would be more popular if it were spread all over the country or – as service provider Goodyear would say – if more stations are on the net. But the premio managers are realistic, and it is not possible to grow by leaps and bounds. The competitors among the other groups of tyre dealers have restricted the market. And of course sometimes a member leaves the group after selling his business. Premio is part of the controlled distribution network of Goodyear in Germany which today covers round about 600 outlets. Premio wants one day to be what the group managers call the lighthouse of the market. Because the quantity targets have to be limited, Premio wants to be the best in terms of quality. In all criteria of an independent customer satisfaction analysis Premio performed better and even much better than the competitors – in all but two aspects, that is and these two were brand awareness and prices for endusers. It is hard to become the best in the market, but it is also hard to stay the best. How does it work? The best way is to continue to improve and optimise the modules of the system which the Premio Centre in the Goodyear headquarters makes available for the members. They not only try to develop new modules but also have to decide whether some of the older modules are no longer relevant. With more than 50 (!) modules the Premio offer is a leading player; taking just one of the modules available, the new software solution for the tyre trade called tiresoft II may well be the most modern in the market.
Continue ReadingAVS Decibel From Yokohama
Japanese tyre manufacturer Yokohama presents, as a highlight, its new tyre, the AVS decibel, which will be distinctive due to its smooth running – even at high speeds and after thousands of kilometres. It will unite athletic driving with pleasantly quiet running noise, as well as providing dynamic performance and stability. The market launch is planned for 2002. The AVS decibel will replace its predecessor, the AVS TW.
Continue ReadingMagneti Marelli To Close UK Aftermarket Operation
Following a review of its UK activities, Magneti Marelli has announced that its UK aftermarket operation will close on December 31st. This comes as a result of weak demand within the UK replacement parts market. Business managers will work with customers up until then to assist in areas such as alternative product sourcing. Selected products, such as the aftermarket lighting programme, will continue for key accounts, supplied through the central warehouse in Milan. Magneti Marellis other aftermarket businesses in Europe are unaffected.
Continue Reading“Essen-Motor-Show 2001” – On Course For Growth
The Essen-Motor-Show is putting its foot down! After the record exhibition in 2000 (with 394,800 guests, 12.4 percent more visitors), it has been accelerating once again: the range on offer, which already covered many diverse aspects of automobiles and related products, became even wider in 2001. A total of more than 550 exhibitors, including the leading automobile manufacturers, presented what was on offer on the global market in 18 exhibition halls. Special emphasis was placed on the sporty and individual vehicle models as well as on the wide range of vehicle accessories. Current racing vehicles from all motor-sport categories, including a large number of this seasons Formula-1 cars, supplemented the range on show, where all the major players, almost without exception, were represented. Many exhibitors had booked larger booth areas. Other automobile manufacturers who had not exhibited their makes before had announced their participation in the Number 2 of all German vehicle fairs. Because of the greater demand for exhibition space, the exhibition management had therefore decided to provide an additional large hall for the Automobiles and Tuning exhibition sections. VDAT – Verband Deutscher Automobil-Tuner e.V. (the Association of German Automobile Tuners) had also intensified its involvement in the Essen-Motor-Show 2001. VDAT members presented themselves exclusively in the VDAT Halls 5, 10 and 11 which were designed with a salon character.
Continue ReadingHow Kraiburg Regards the Future Of Retreading
Even before the dramatic changes in the worldwide economy after September 11th, the retreading business, as well as its suppliers, was facing hard times. Reduced demand, increased competition and price pressure characterised the depressed market. It was not unusual for material suppliers to experience a decrease in their third quarter results of around 20 percent. Uncertainty, pessimism and negative forecasts represented the collective mood in wide areas of the business. But Kraiburg, the Geretsberg (Austria)-based retreading supplier, is swimming against the stream and reports stable economic results and new strategic activities to meet future market challenges. Kraiburgs turnover in 2001, up till end October, is just half a percent below the companys performance for the first ten months last year. In addition, an agreement for a joint venture with the Bulgarian company Zebra was finalised in October. Since 1997 the Sofia based company Zebra has produced thin and light tread patterns which would have been uneconomic to produce in Austria. Kraiburg has invested around one million Euro in Zebras tread pattern production and 95 percent of the joint venture shares belong to Kraiburg. Within the next two years the Bulgarian production will be increased from 800 to 1,800 tons per year – using the same machinery and equipment.
Continue ReadingAgritechnica 2001
Agritechnica is the largest agricultural exhibition in Europe and the 2001 event was held in Hanover from 13th to 17th November. This year’s show area has increased by 4% to a total of 196,000 square metres and more than 1,300 exhibitors from 30 countries showed their goods and services. The exhibition showcases the latest advances in technology for modern agriculture, including tractors, other agricultural machinery, accessories and spare parts. Included in these are tyre manufacturers who offer agricultural tyres, with such famous names as Continental, Goodyear, Michelin, TWS and Vredestein, among others. Agritechnica usually proves a great draw for those involved in agriculture; this year with 247,000 visitors 9.5% more came through the doors than two years ago, 34,000 of these coming from 100 countries outside Germany, and similar levels were expected this time around. The November date for the show is well-timed, as this is the time of year when many farmers are planning their investments for the coming season.
Continue ReadingAgricultural Tyre Market: 2001 has been a difficult year
The world-wide market for agricultural machines and tyres is has been characterised by a rationalisation processes over several years. The leading competitors in the tyre sector (Michelin-Group, Trelleborg Wheel Systems (TWS), Continental and Goodyear) have more or less completed repositioning themselves in the market. The widest multi-brand variation has been attained by the Michelin-Group, which covers with its four brands (Michelin, Kleber, Taurus and Stomil) all price-segments and applications. However, the development of this tyre segment cannot be viewed in isolation. It is influenced and defined by a number of fundamental and mutually connected parameters. These are:· the general economical development of the agricultural sector,· the changing structure of the German agricultural sector since reunification,· seasonal influences/aspects (e.g. weather conditions) and· sales, numbers and specifications of agricultural machines (especially tractors).In Germany fewer and fewer farming companies have concerns about a permanently increasing average area of land - a trend that can be observed throughout the rest of Europe. At the same time agricultural machinery is becoming more powerful, larger and faster, and the tyre manufacturer has to produce a product that can cope with these demands and yet remain gentle on crops to ensure maximum yield.In the first half of the year 2001 the already decreasing number of machinery sales found an additional seasonal reason in the sinking investments of the farmers, due to the BSE and the FMD-crisis. The increased cost-consciousness of the farmers became obvious in an trend towards cheaper brands. In the second half of the year the tyre market recovered a little bit from its bad results in the first six months but the overall negative figures could not be overcome completely so that ultimately a five percent loss was expected, compared to the previous year. This meant a total number of 220,000 tractor tyres sold in Germany (radial: 143,000 pieces).
Continue ReadingMMP-Factory In Timisoara Opens
It was the biggest day in Timisoara since the revolution, and it will perhaps set off another – this time in the tyre industry. The new tyre production facility was opened 20th October by Continental president, Dr Kessel, and Romanian Prime Minister, Mugur Isarescu, the latter facing the possibility of losing office in the coming election. Amongst the 400 attending the opening were representatives from Continentals key suppliers and selected customers, as well as German and Romanian journalists. When the factory has reached its final stage it will produce 8 million car tyres a year, employing about 1,000 people. The article in November’s TYRES & ACCESSORIES shows that the factory tour revealed little new; we were shown assorted Japanese vulcanising equipment and ancillary machinery, but the state-of-the-art tyre construction machines were still under wraps. The iron curtain may have fallen, but for now there is a rubber curtain round the new technology at Timosoara.
Continue ReadingFirestone/Ford Issue Hits Courts
Lawyers from both plaintiffs and defendants argued in front of a panel of federal judges in Washington as they tried to decide how to deal with the 200 pending lawsuits. The judges will decide within two weeks whether to combine all the evidence and gather all the suits in one process. Ford, Firestone and lawyers for some plaintiffs argued for consolidation, saying it would simplify the process. Others say it might drag out the process unnecessarily. The multi-district panel hearing has caused the postponement of a hearing scheduled for 16th October. This latter case being sought by the Center for Auto Safety (Ralph Nadars organisation), seeks to widen the recall of Bridgestone/Firestone tyres. The alleged death toll has risen to 119, with injuries increasing to 500, according to the National Highway Traffic Safety Administration.
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