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You are here: Home1 / Latin America

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F1 chief Domenicali visits Pirelli’s Circuito Panamericano

Company News, Motorsport

Pirelli has welcomed the president and chief executive officer of Formula 1 to Circuito Panamericano, the tyre maker’s most advanced proving ground. Stefano Domenicali is currently visiting the region to attend this weekend’s Brazilian Grand Prix, and during yesterday’s tour of the facility was accompanied by Mario Isola, Pirelli’s head of F1 and Car Racing, and Cesar Martin Alarcon, Pirelli’s chief executive officer and executive vice-president of the LatAm region.

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Related news:

  1. F1 ‘possibly the most demanding customer that we have’ – Isola
  2. Pirelli finishes 18-inch F1 tyre development programme
  3. Pirelli revises F1 tyre colour coding
  4. Pirelli: Australian GP cancellation a disappointing decision, but the right one
12th November 2021/by Stephen

Latin Tyre Expo delayed till October

International News
Latin Expo Group

The concurrent Latin Tyre Expo and Latin Auto Parts Expo events have been put back until 6-8 October 2021. Writing in a letter to dated 3 Ferbruary, the events’ organiser, Latin Expo Group, explained:

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Related news:

  1. Autopromotec considering South American and/or Middle Eastern shows
  2. Latin Tyre Expo gains US DoC certification
  3. Michelin pulls out of The Tire Cologne
  4. Corona & trade fairs: Tire Cologne organiser presents pilot exhibition hall
4th February 2021/by Chris

Latin Tyre Expo postponed until 2021

International News
Latin Tyre Expo

Having already delayed the 2020 Latin American & Caribbean Tyre Expo & Latin Auto Parts Expo from July to November back in March, the show’s organisers have now postponed the exhibition to 13-16 July 2021.

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Related news:

  1. Paraguay presidential meeting a prelude to Pirelli presence
  2. Goodyear relocating Latin America HQ to Akron
  3. CITExpo 2019 awaits. Are you ready?
  4. Latin American & Caribbean Tyre Expo postponed until November
6th August 2020/by Chris

Pirelli supporting ‘High Value’ strategy in Latam with major investment

Company News, International News

More than 250 million euros will be invested into Pirelli’s business in Latin America over the next three years in order to reinforce its ‘High Value’ strategy within the consumer tyre segment. The investment plan was announced by Marco Tronchetti Provera, executive vice-chairman and chief executive officer of Pirelli, during his visit to the company’s […]

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Related news:

  1. Pirelli appoints Paolo Ferrari NAFTA region chairman, CEO
  2. Paolo Ferrari appointed Pirelli Latam CEO
  3. 50% production capacity boost for Pirelli’s tyre plant in Romania
  4. Pirelli, Rostec investing 100 million euros to double Voronezh plant capacity
23rd March 2018/by Stephen

Goodyear to merge North, Latin America businesses

Company News

The announcement that the current president of Goodyear’s Latin America business, Jean-Claude Kihn, will soon become president of its EMEA region coincides with the news that Goodyear Tire & Rubber will merge its North America and Latin America businesses into one Americas business unit, effective 1 January 2016. The combined business will be known as the Americas business unit and be led by Stephen R. McClellan, currently president of Goodyear’s North America business. Marcelo Toscani, now vice-president of global manufacturing, will serve as president of the company’s Latin America operations and report to McClellan.

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Related news:

  1. New Goodyear plant to meet growing Americas demand
  2. Further details on Goodyear’s Americas investments
  3. Goodyear HQ wins environmental design award
  4. Kihn to replace Wells as Goodyear’s EMEA president
1st December 2015/1 Comment/by Tyrepress Editors

Report: Costa Rica tyre market on the up

International News

The tyre market in Costa Rica is forecast to grow during the next few year due to “expanding vehicle fleet and upcoming government reforms to boost growth in construction and transportation sector”, according to the “Costa Rica Tyre Market Forecast & Opportunities, 2020” report published by TechSci.

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  1. New biomass facility aiding Bridgestone’s carbon neutrality goals in Costa Rica
  2. Bridgestone US Executive Appointment
  3. Bridgestone Group Companies Donate to Haiti Relief Efforts
  4. Costa Rican president visits Bridgestone
23rd October 2015/by Tyrepress Editors

Trelleborg exhibiting TM700 ProgressiveTraction at Agrishow 2015

International News

The Trelleborg TM700 ProgressiveTraction will be showcased in Latin America for the very first time at next week’s Agrishow 2015 in Brazil. The tyre will take centre stage on Trelleborg’s 150 square metre stand, flanked by products such as the TM1000 High Power and TM3000, plus Trelleborg’s new Gardener tyre in size 15×6.00-6 TL 2PR.

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Related news:

  1. Latin Tyre Expo – post show report
  2. Organisers: Latin Auto Parts Expo a success
  3. Trelleborg Launches Tallest Agri-tyre Ever
  4. Trelleborg bringing innovations to The Tire Cologne
22nd April 2015/by Tyrepress Editors

Goodyear relocating Latin America HQ to Akron

Company News, International News

According to a report emanating from Goodyear’s hometown, the tyre maker intends to bring its regional headquarters for Latin America back to company headquarters in Akron (Ohio, US) next year. The Akron Beacon Journal wrote on 16 December that efforts to relocate the headquarters in São Paulo, Brazil will begin early in 2015 with the transfer of senior management to Akron. Goodyear will spend several months evaluating which other positions it will move from São Paulo to the US, the Akron Beacon Journal added. The headquarters has been based in São Paulo since 2005, after it was moved from Akron.

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Related news:

  1. Further details on Goodyear’s Americas investments
  2. No tyre making comeback for Goodyear’s home town
  3. Goodyear HQ wins environmental design award
  4. BSM Technologies and EMS Technologies to distribute in Latin America
17th December 2014/by Tyrepress Editors

Organisers: Latin Auto Parts Expo a success

International News

Show organisers are hailing the 2014 Latin Auto Parts Expo (held at the ATLAPA Convention Center, Panama, Republic of Panama) was a huge success with NEARLY 200 quality exhibitors and approximately 3,200 qualified visitors from over 60 countries.

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Related news:

  1. Latin Tyre Expo – post show report
  2. Yokohama exhibiting at India’s Auto Expo
  3. US to gain dedicated tyre show
  4. Messe Essen, CURC report increase in visitors to Reifen China 2014
16th October 2014/by Tyrepress Editors

Latin Tyre Expo – post show report

International News

The organiser of the Latin American & Caribbean Tyre Expo reports that 3,880 visitors from at least 78 countries attended the Panama-based trade exhibition between 23 and 25 July. A total of 233 exhibitors were also present at the show, and organiser Latin Expo Group LLC says feedback from exhibitors and visitors indicates that 95 per cent had a “positive business experience at the show.” The 2014 show was the fifth time the exhibition has been held; it will take place again at the Atlapa Convention Center in Panama between 16 and 18 July 2015.

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Related news:

  1. Organisers: Latin Auto Parts Expo a success
  2. BKT to exhibit at Samoter 2014 with local distributor
  3. Laufenn – a new tyre brand from Hankook Tire
  4. TRIB’s Stevens to speak at Latin American & Caribbean Tyre Expo
13th August 2014/by Tyrepress Editors

Further details on Goodyear’s Americas investments

Company News, International News

At the end of May, Goodyear Tire & Rubber shared details of its plans to increase its consumer tyre capacity in the Americas by 12 million units a year between 2013 and 2019 by erecting a new factory and upgrading existing plants. Further details on these projects have been published by “agência latinapress”; on 27 June, it reported Goodyear’s Latin American region president Jamie Szulc as saying the tyre maker is looking at sites in Brazil, Columbia, Mexico and the US for its greenfield facility, which will have an annual capacity of 6 million tyres. Szulc is also quoted as saying that investments in Goodyear plants in Venezuela, Peru and Columbia are on the cards.

Read more

Related news:

  1. Goodyear Names New Latin America President
  2. New Goodyear plant to meet growing Americas demand
  3. Goodyear relocating Latin America HQ to Akron
  4. Goodyear to merge North, Latin America businesses
30th June 2014/by Tyrepress Editors

New Goodyear plant to meet growing Americas demand

Company News, International News

Due to a strong free cash flow in 2013, Goodyear Tire & Rubber is reallocating approximately US$1.1 billion of its 2014-2016 cash flow – $300 million of this will go towards establishing a new consumer tyre facility in the Americas. Goodyear aims for the plant to begin production in the first half of 2017 with an annual capacity of around six million tyres, an amount that will be expandable as demand increases. Site selection to identify a suitable location for serving North and Latin American customers is now underway. Total plant investment will be in the vicinity of $500 million.

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Related news:

  1. Akron eager to host new Goodyear factory
  2. Goodyear to merge North, Latin America businesses
  3. Further details on Goodyear’s Americas investments
  4. Mexico plant our ‘most technologically advanced’, says Goodyear
2nd June 2014/by Tyrepress Editors

Recaufair | 23/04/2014 – 25/04/2014

Events

The next Recaufair exhibition takes place in São Paulo between 23 and 25 April 2014. The leading tyre show in Latin America is being held in the Brazilian city for the 11th time and the organiser expects the show will again attract more than 10,000 visitors. More than 70 exhibitors are expected to display “products and […]

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Related news:

  1. Tyre Talk seminars to return to Brityrex
  2. Carlisle Net Sales Increase in 2007
  3. Sumitomo to Establish Central, South America Sales Company
  4. New Exhibition to Help Find Homes for Post-ITC Tyres
25th April 2014/by Tyrepress Editors

Analysts: Foreign exchange outlook the only bad news in Pirelli results

Company News

Financial analysts have responded positively to Pirelli’s full-year 2013 financial results, with some reiterating their “outperform” guidance. The upbeat response was markedly different to the warnings of some market observers 24 hours earlier, which suggested the emerging market exposure (and its linked foreign exchange fluctuations) and Russian volatility in particular could undermine the company’s 2014 and 2015 outlook.

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Related news:

  1. Pirelli reports increased sales but flat profits in 2013
  2. Pirelli: Tyre Demand Strong in April
  3. Pirelli sales up 16.6% in 2011, profits beat target margin
  4. Pirelli's Gori to resign?
28th March 2014/by Tyrepress Editors

Pirelli reports increased sales but flat profits in 2013

Company News

Pirelli & C. SpA today reported full-year 2013 consolidated revenues of 6,146.2 million euros on 31 December, an increase of 1.2 per cent from 6,071.5 million euros a year earlier. Tyre revenues, which account for almost all of the company’s sales totalled 6,115.8 million euros in 2013, an increase of 1.4 per cent from 6,031.3 million euros. Full year tyre-derived pre-tax profits (EBIT) were 822.0 million euros, an increase of 1.2 million euros (+0.1 per cent) compared with 820.8 million euros in the same period a year earlier, with a margin equal to 13.4 per cent (13.6 per cent in 2012). However, whether it will be enough to allay pre-release market fears that emerging market exchange rates and particular Russian market instability remains to be seen.

Read more

Related news:

  1. Analysts: Foreign exchange outlook the only bad news in Pirelli results
  2. Bridgestone outlines tyre SBU consolidation in 2013MTP
  3. Pirelli Q1 results show European recovery, premium growth
  4. Pirelli’s Tronchetti Provera: “In Russia we will continue to grow”
28th March 2014/1 Comment/by Tyrepress Editors
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