
Toyo supports TV’s Jonny Smith at Carfest
When Jonny Smith, presenter of the Fifth Gear television show, tweeted his urgent need for some road-legal rubber at Carfest, Toyo was happy to oblige. The manufacturer fitted its Proxes R888 to Smith’s electric drag racer – an unusual vehicle in which the TV personality hoped to impress the crowds at Chris Evans’ Carfest event, raising funds for charity in the process.
Continue ReadingSMMT taking entries for Automotive Award for Innovation
The SMMT is receiving entries for its Automotive Award for Innovation, which recognises UK-developed concepts and technologies with the potential to transform the automotive industry.
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NTDA Zenises Golf day attracts record numbers
The annual NTDA Zenises Golf Day completed a hat-trick of appearances at the world-class Brocket Hall venue in July. With 81 members out on the golf course and over 100 joining together for the evening’s dinner and entertainment, 2015 saw record numbers of participants for the NTDA Zenises Golf Day.
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Toyo tyre OE on Audi A3
At the end of July Toyo Tire Europe GmbH, President Tatsuo Mitsuhata, announced that the Toyo Snowprox S953A has been selected by Audi AG as Original Equipment for the Audi A3 model. The 205/50 R 17 93H XL Snowprox S953A will be fitted to Audi A3 models delivered with winter tyres from the 2015 season.
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Toyo Tires OE on new Mitsubishi L200
Toyo brand Open Country A28 tyres have been selected by Mitsubishi Motors Corporation for the firm’s all-new, Mitsubishi L200 pick up. Open Country A28 tyres, in size 245/65 R17 111S, will be fitted throughout Europe to the 5th generation Mitsubishi L200.
Continue ReadingRussia continues to pound Nokian Tyres’ sales and profits
It is hard to believe that little more than two years have passed since Nokian Tyres predicted the market for premium tyres in Russia would grow by an average of ten per cent each year, and even harder to grasp that as recently as 2012 the Russian and CIS markets accounted for 35 per cent of the tyre maker’s total net sales.
Continue ReadingTitan debuts new ‘Low SideWall’ tyres in UK
Titan has launched its latest “Low SideWall Tyres” in the UK, pitching the new product as being designed for harsh environments such as quarries and mining sites.
Continue ReadingGoodyear releases new UniCircle retread
Goodyear has released announced the release of the company’s G186 MSA (mixed-service, all-position) UniCircle retread, which features spliceless UniCircle Technology. The G186 MSA UniCircle boasts three zig-zag circumferential grooves for extra all-season traction, a long-wearing compound for increased tread life, and other features.
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Lassa endorses FC Barcelona’s Arda Turan
Lassa Tyres has signed a an endorsement agreement with Barcelona midfielder and Turkish National Football Team captain Arda Turan on a two-year contract. The news follows the earlier partnership agreement between FC Barcelona and Lassa making Lassa the main partner of all the indoor sports (which includes basketball, handball, futsal and roller hockey teams) as well as official partner of the Football Club for the next four seasons until 30 June 2019.
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Nokian Tyres to lower production, lay off workers in Finland
The the economic situation in Russia and the CIS countries has led to a downgrade in Nokian Tyres’ 2015 outlook. The Finnish tyre maker says sales of passenger car tyres have continued to decline in this region, and those tyres being purchased within the Russian market are increasingly lower B or C segment brand products. The company’s own sales in Russia were down 39.1 per cent year-on-year during the first half of 2015.
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Sistino appointed general manager of Pirelli’s industrial unit
The Board of Directors at Pirelli & C. SpA has appointed Lorenzo Sistino the company’s ‘general manager industrial’. Sistino joined the Pirelli group on 6 July and replaces Dino Maggioni, who is taking on new responsibilities within Pirelli’s Latin America region business.
Continue ReadingPirelli lifts sales, income in first half of year
The financial results for the first six months of published by Pirelli & C. SpA yesterday show a 6.4 per cent year-on-year rise in net sales in the period to 30 June, with sales amounting to €3.2 billion. Organic growth accounted for 3.2 per cent of this increase. Pirelli’s consumer business enjoyed year-on-year growth of 10.2 per cent, while revenues for the industrial business declined 5.2 per cent.
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Nexen Tire begins Manchester City FC partnership
As of yesterday, Nexen Tire is Manchester City FC’s official tyre partner. Nexen Tire president Ho-Chan Kang and Manchester City FC CEO Ferran Soriano signed the partnership documents during a ceremony held at the City Football Academy in Manchester. Amongst the attendees witnessing the start of the new agreement were Omar Berrada, the club’s football marketing director, plus a number of Nexen Tire and Manchester City executives. Several players were also present.
Continue ReadingBridgestone sales, income rise in H1 2015
Bridgestone Corporation has reported a net sales of ¥1,855.4 billion (£9.5 billion) for the first half of 2015, a 6.0 per cent year-on-year increase. Operating income rose 6.6 per cent to ¥237.7 billion (£1.2 billion) and the operating margin nudged up from 12.7 per cent to 12.8 per cent. Net income rose 1.7 per cent to ¥144.6 billion (£711.1 million).
Continue ReadingOperating profit up in Q2 as Cooper Tire benefits from raw material prices
Cooper Tire & Rubber blames the absence of Cooper Chengshan Tire (CCT) from the company’s books for the 15.4 per cent year-on-year drop in sales experienced during the second quarter of 2015. Excluding the impact of CCT, Cooper Tire & Rubber’s second quarter 2015 sales rose five per cent year-on-year as a result of $64 million worth of higher unit volume gained both in the Americas and International business units.
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