Cooper Tire Subsidiary Introduces New Application Tread
Cooper Tire and subsidiary Oliver Rubber Company have introduced their latest speciality application tread – the APWs. The new APWs tread is designed for 70 per cent on-road and 30 per-cent off-road applications. It uses a compound known as Tri-Cor, and features a large and reportedly ‘aggressive’ tread pattern that features three circumferential self-cleaning grooves, which are designed to help make the product durable even when subject to high mileages.
Continue ReadingGoodyear Promotes Three in Consumer Tyre Organisation
(Akron/Tire Review) Goodyear’s North American tyre operations have made a number of personnel changes. The moves, said Goodyear, were made with “an emphasis on promoting our primary consumer tyre brands and further evolving our market-driven focus.”
Continue ReadingBEN’s Autosport Stand Features Le Mans Winners
The NEC in Birmingham will be brimming with nostalgia and the spell of Le Mans on 13 & 14 January as one of the most significant displays of Le Mans cars ever assembled will be reunited with their legendary drivers, at Autosport International. The Le Mans feature, in association with BEN and Motor Sport magazine, will reunite the famous drivers with their famous cars, tracing the history of this near-mythical race from its very beginnings in 1923.
Continue ReadingGoodyear Receives Credit Thumbs Up
Moody’s Investors Service has revised its rating for Goodyear Tire & Rubber Co. from negative to stable following the signing of the new three-year USW contract. This move comes days after Standard & Poors upgraded Goodyear to a B+ rating. In a statement, a representative of the investment service said Moodys would expect the company over time to achieve significant efficiencies from the new contract and other restructuring actions.” Given Goodyear’s stable outlook it is unlikely that their rating will be lowered again during the next 12 to 18 months.
Continue ReadingNew MD For Mahle
Automotive filter and engine component supplier Mahle Filter Systems UK has appointed Phil Everitt as its new managing director. Everitt has been finance director of the company since 2002 and has over 25 years experience in the automotive sector, holding senior positions with TRW/Lucas and Rover. He succeeds Ian Stanworth, who is taking early retirement after a career spanning 35 years in the automotive aftermarket, the last five of which were as Mahles MD
Continue ReadingThe Cost of Cutting Costs
The Goodyear Tire and Rubber Company have disclosed that the three-month USW strike cost them more than US$30 million a week. Leading company executives said that Goodyear will continue to feel the strike’s financial impact through to the middle of the year, but the company has nevertheless achieved its goal of cutting costs. Goodyear hopes to save US$610 million over a three-year period through the contract agreement that ended the strike.
Continue ReadingGiti Tire to Sell Bonds
Giti Tire, the largest manufacturer of tyres in China, reportedly intends to raise US$200 million from its first bond sale, being held to raise revenue for capital expenditure and possible acquisitions.
Continue Reading2007 to be a Good Year for Transense Technologies
Writing in the Guardian Newspaper, financial analyst, Katie Allen, suggested that TMPS company Transense could have another successful year in 2007. The group, which develops tyre pressure monitoring technology, improved by only 15.75p to 91.75p over last year but it is said to enter the year “with a strong order book.” It has recently struck deals with the American automotive company Lear Corporation and with Michelin in the US, meaning that the worlds biggest tyre company will be using Transenses pressure monitoring systems for its lorry tyres. “Now that it is commercialising years of technology development the company could take off in 2007,” said Allen.
Continue ReadingParis, Milan, London,…..Detroit?
Detroit is not a city normally associated with high fashion, but this week designers have flocked to the city to show off their latest accessories. Cameras have greedily snapped glamorous models strutting their stuff for the first time, and no expense has been spared in making this year’s new fashions look as desirable as possible.
Continue ReadingContinental to Recruit Fresh Blood
Continental AG has outlined plans to broaden their pool of fresh talent by hiring 1,300 university graduates and young professionals this year. According to the Company’s human resources director and executive board member Thomas Sattelberger, Continental is seeking those with engineering and science degrees as well as economics and business administration graduates.
Continue ReadingBreaking Records With Avon Tyres
Avon Tyres have the potential to become part of a new world record as British Autograss champion Phil Cooper prepares to smash his own existing indoor world speed record at the Autosport International show on January 13/14. In December, Cooper, who holds the distinction of being Overall Series Points Champion in all classes of the 2006 British Autograss Series, set a record of 82.05mph on a 210-metre track at the NEC in Birmingham, the same venue as he will make his current attempt.
Continue ReadingLife After Tyres
With the closure of tyre factories so frequently announced, it is easy to spare little thought for the workers who suddenly find themselves without a means of supporting themselves or their families. But what does a tyre worker do when the tyre factory closes? After all, they can hardly apply for a job at another tyre factory across the road.
Continue ReadingTyre Shop Fire Update
Online news sources have reported that the fire at a tyre business Rochford was at Triple XXX Tyres & Wheels. Auto Wired quoted owner Mark Dolden as saying: We were working at the time when somebody smelt smoke. We got the extinguisher on it but it quickly became apparent it was bigger than that, so I called the fire brigade. There was probably about £50,000 worth of wheels in there. The building itself is worth around £350,000. Earlier Belfairs Tyre & Exhaust Centre in Leigh, Essex, sustained about £500,000-worth of damage, Auto Wired reported.
Continue ReadingThe Winners Wear Goodyear
Engineers and designers at Goodyear Tire & Rubber are in high spirits after receiving word that the vehicles voted to be North American Car and Truck of the Year both ride on their products. The announcement was made at the 2007 North American International Auto Show. The Car of the Year, the Saturn Aura (a US version of the Vauxhall/Opel Vectra), comes fitted with Eagle LS2 tyres inP225/50R18 size as OE equipment, while the Truck of the Year, Chevrolet’s Silverado, comes with 20-inch Eagle LS2 tyres as standard fitment for the Silverado SS model.
Continue ReadingBridgestone Tyres OE On Touran
The latest generation Volkswagen Touran will fit with Bridgestone run-flat tyres as an option. The tyres were named “Best Buy 2006” in the annual tyre test carried out by leading consumer motoring magazine Auto Express, beating rival rubber in a number of disciplines, including wet handling and rolling resistance. The Touran is available with a choice of two petrol engines, including Volkswagen’s groundbreaking TSI unit, and four great all-round performing diesel choices. Bridgestone Turanza ER300 RFT tyres are available in a size 205/55 R16 for the vehicle.
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