Hankook Tire describes its receipt of a General Motors Supplier of the Year award as an honour. The company is one of 122 suppliers around the world, including five tyre makers, acknowledged for exceptional performance in the 2020 calendar year.
First Stop has teamed up with a London-based firm of property developers to source and secure 20 prime retail development opportunities in a bid to attract new franchisees to its tyre and autocare network.
Agricultural tyres generally appear quite similar irrespective of brand, making it difficult to spot at a glance the difference between discount tyres and higher-priced premium products. Bridgestone observes that price thus “wrongly becomes a differentiating element” with these products. The tyre maker is concerned that some may gain the impression they’re paying extra for the brand rather than the tyre, and wishes to set the record straight.
Bridgestone Americas has made a minority investment in Kodiak Robotics, a leading self-driving trucking company in the USA. Nizar Trigui, Bridgestone Americas’ chief technology officer and group president of its Solutions Businesses, also joins the Kodiak Robotics Board of Directors.
While the world is still adjusting to the repercussions of the Covid-19 pandemic, there has been no small measure of disruption in the standings of the world’s leading tyre manufacturers, according to our latest top 25 table. Six of the top 10 have changed places this time round, with the headline news being that Michelin has regained pole position after several years of having Bridgestone in first place. At the same time, Continental has stepped up into third position, leapfrogging the previous incumbent Goodyear.
Bridgestone Corporation has announced that it will sell Bridgestone (Huizhou) Synthetic Rubber Co., Ltd., its China-based subsidiary for manufacturing synthetic car tyre rubber, to Taiwan’s LCY Chemical Corp. The company has not disclosed financial aspects of the transaction.
Two motorcycle tyre tests from PS. The German sports bike magazine took a look at slick pairs for professional riders in its 6/2021 issue, and followed this up by looking at four brands of track day tyres in its 7/2021 edition. The PS testers declared Dunlop and Continental the respective winners.
Yamaha Motor has selected the Bridgestone Battlax Hypersport S22 as original equipment tyre for the recently-launched Yamaha YZF-R7 Supersport. Bridgestone Corporation views this fitment arrangement as “part of a long-term collaboration,” under which it has delivered tyres for a “wide range” of Yamaha motorcycles.
April’s launch of Bridgestone’s quietest bus and coach tyre ever made followed 18 months of internal testing with its biggest fleet customer. The tyre is in part a product of a lengthy development project with Stagecoach, whose Manchester city centre fleet of green vehicles became the first in Europe to operate on the product. The U-AP 002 reduces rolling resistance, extends mileage, and reduces fuel consumption, CO2 emissions and total cost of ownership according to Bridgestone’s testing against its predecessor in size 275/70 R22.5. The tyre was developed to fulfil the requirements of an electric and hybrid bus fleet, a quickly growing target market.
The eleven leading tyre manufacturer members of WBCSD’s Tire Industry Project (TIP) have launched a Roadmap to accelerate tyre value-chain impact on the Sustainable Development Goals (SDGs). The SDGs were adopted by all United Nations Member States in 2015 to address some of the world’s most pressing issues by 2030. The members of TIP, in alphabetical order, are: Bridgestone, Continental, Cooper Tire, Goodyear, Hankook, Kumho Tire, Michelin, Pirelli, Sumitomo Rubber, Toyo Tires, and Yokohama Rubber.
As of 1 July 2021, Paolo Ferrari will become Bridgestone Corporation’s Global Chief Business Solutions Officer. At the same time, he officially relinquishes the position of Chief Operating Officer within Bridgestone Americas, Inc., the company’s US-based subsidiary. Bridgestone Corporation recently announced that Scott Damon would take over the latter role on 1 June.
Bridgestone Corporation reports that its North and Latin American subsidiary is expanding several key leadership positions in order to strengthen its core tyre business and to accelerate the execution of its sustainable mobility solutions strategy. The changes will take effect 1 June.
Bridgestone Corporation has gained a ‘Prime’ designation in the ISS ESG Corporate Rating, with an effective date of March 2021. This is the first occasion that Bridgestone has received a ‘Prime’ rating from ISS ESG.
Bridgestone is to acquire the Otraco OTR tyre management solutions business from Downer EDI, continuing its growth strategy. The acquisition will be made by the number one tyre manufacturer’s group company, Bridgestone Mining Solutions Australia Pty. Ltd. Bridgestone said the acquisition will accelerate the growth of its global mining solutions business and expand the company’s service network in key markets such as Australia, Chile and South Africa. Bridgestone wants to complete the transaction, valued at 79 million Australian dollars (approximately £44 million), by the end of 2021.