The Yokohama Rubber Co. Ltd. posted a 258 million yen loss during the first quarter of 2020 compared with 9.1 billion yen in profit in the same period of the previous year. Meanwhile operating profit fell 90.4 per cent, to 1.2 billion yen. Sales revenue declined 13.6 per cent to 129.1 billion yen.
The new Galaxy Mighty Trac ND is a freshly-developed L-4 tyre for skid steer loaders, which is designed to equally excel “on hard surfaces like roads or paved farm yards as well as sticky mud, loose sand, or snow”. The Galaxy Mighty Trac ND is available in sizes 10-16.5NHS and 12-16.5NHS. A 14-17.5NHS variant is currently under development.
From the start of 2020, all Galaxy solid tyres come with a five-warranty. Announcing this extended warranty, Alliance Tire Group (ATG) comments that the Galaxy solid range thus enjoys “one of the longest warranty periods in the industry.”
Alliance Tire Group (ATG) has expanded the Galaxy Yardmaster forklift tyre range with the addition of higher ply rating tyres for five key sizes. The new additions are sizes 21X8-9 (16 PR), 7.00-12, 7.00-15 and 7.50-15 (all 14 PR) and 250-15 (20 PR).
Last year, Alliance Tire Group (ATG) launched the Alliance 585 for telehandler, backhoe and compact loader applications. The tyre maker reports that the initial size 460/70R24 tyre is already a bestseller within its range – and it has now added an extra five Alliance 585 sizes.
STARCO has taken on distribution of the Alliance and Galaxy agricultural, forestry and construction tyre lines in Switzerland under a newly-negotiated agreement with Alliance Tire Group (ATG). As authorised partner for the representation and distribution of Alliance and Galaxy tyres throughout this market, STARCO will provide its warehouse and distribution facilities as well as its expertise and skills in order to make ATG’s products more accessible to Swiss customers.
Visitors to this week’s LAMMA show are amongst the first to see a new Alliance radial tractor tyre, the Agri Star II. Alliance Tyre Group (ATG) will launch the Agri Star II around the world in the weeks following its LAMMA debut, with 76 SKUs across the 70-s and 85- series available right from the start. This range is expected to cover almost 100 per cent of market requirements.
Alliance tyres – you’ll find them where even mountain goats don’t dare to tread. Together with German distributor Bohnenkamp, ATG has helped its tyres reach new heights by sponsoring an expedition upon the highest active volcano in the world, Ojos del Salado. The expedition team, driving Mercedes-Benz Unimog U5023 trucks fitted with Alliance tyres, reached an altitude of 6,694 metres during their quest to install life-saving solar-powered emergency radio communication systems in high mountain shelters. This feat broke the previous truck and car altitude records.
Uwe Sieger is Alliance Tire Group’s new country manager for Germany, Austria and Switzerland. As such he takes responsibility for sales activities related to the Alliance and Galaxy brands in these markets. Sieger succeeds Friedhelm Kaufmann, who has been appointed OE key account manager for the region.
EATD recently disclosed plans to bring a new investor on board, and when we spotted Yogesh Mahansaria visiting the distributor’s stand at Agritechnica 2019 the list of potential investor candidates suddenly became a whole lot shorter. Mahansaria is indeed the new investor; EATD confirms that Mahansaria Tyres Private Limited (MTPL) has reached an in-principle agreement to acquire a major stake in the company.
Agricultural and construction machinery manufacturer Manitou has bestowed a Best Competitive Performer Award 2019 upon Alliance Tire Group. The tyre maker says the award recognises its “excellent cooperation and consistent performance on diverse levels from the development and testing to the procurement and service phase.”
In addition to presenting its award-winning Alliance 398 MPT and forestry innovations such as the Forestar 644 and Forestar 344 ELIT, ATG will unveil a new addition to its portfolio of tyres targeted at the lawn, garden and turf segments.
ATG has added two more sizes to its line-up of Galaxy Yardmaster Radial forklift tyres. The all steel radial tyre used for heavy duty long cycle operations is now available in two new sizes: 12.00R20 and 12.00R24, and previously available size 10.00R20.
Japanese tyre and rubber manufacturer Yokohama is planning to invest into and even buy Prometeon, the new name for the former Pirelli commercial and industrial tyre manufacturing operation, according to a range of sources. Tyres & Accessories first heard this news in July and then the Italian financial press subsequently suggested that Prometeon’s shareholders were considering restructuring Prometeon’s ownership. Yokohama is understood to be leading the suitors. The official Yokohama/Prometeon investment announcement is expected during the course of the next week or so.
Innovation is important when the market is buoyant. And important when it isn’t. How we’ll end up remembering 2019 still remains to be seen, however Alliance Tire Group (ATG) has positioned itself well against the market’s foibles – with innovative, new products. In 2018, the off-highway tyre specialist strengthened its industrial tyre portfolio and grew […]