Kirkby Tyres’ investment in additional warehousing space at its central site in Speke, Liverpool over the past couple of years was recently completed, further extending its specialist mezzanine flooring facilities. This increase in warehousing footprint brings its total mezzanine facilities to 30,000 sqft. The space has been designed specifically to hold ATV and lawn & turf products. The wholesaler told Tyrepress that this has allowed it to invest in an increasing number of specialist sizes and deeper stock levels. The warehouse expansion project also included several sustainability measures recently recognised by ISO 14001 certification.
The Maxxis MaxxCross MX-ST+ motocross tyre has been selected again as original equipment for the 2024 range of GASGAS motocross bikes. Meanwhile, the 2024 enduro range including the EC450F and EC500F models will feature Maxxis MaxxEnduro tyres.
After half a decade of collaboration on the T4 karting series, Maxxis and Tillotson are advancing their partnership with a new long-term deal. Maxxis will sponsor the International Tillotson T4 Series and T4 Nations Cup for the next three years. Maxxis expects that this deal will aid the growth of both the series and the Cup.
Maxxis reports that its Maxxcross range is now complete following the addition of the MXMH rear tyre. The off-road motorbike tyre range includes the MXST+ (mid-soft terrain), the MXSM (sand and mud), and now the MXMH (hard and loose over hard).
There are many changes in our latest leading tyre manufacturers ranking. The 2023 table, which lists the world’s leading tyre companies according to their full-year 2022 financial results, particularly highlights the shifts that have taken place this year in the second half of the top 20. Meanwhile, the top nine tyremakers appear to be an increasingly stable group. Between places nine and 10, there is still a gap of some 1 billion euros, something that is clearly hard to overcome for newcomers. However, as insurmountable as it appears, the gap is obviously narrowing.
On June 9, the 2023 Auto-Tyre Cross-border Development Summit Forum was held in Beijing. The theme of this forum is “Looking forward, responding to changes”. Representatives attending the meeting came from automobile manufacturers such as Chery, Great Wall Motor (GWM) and BAIC and tyre manufacturers such as Michelin, Maxxis, Triangle and Giti.
Maxxis is now supplying original equipment (OE) tyres for the BMW 1 Series in Europe. The new deal, which began this month (March 2023), calls for Maxxis to supply BMW Group with 225/40R18 92Y XL Premitra HP5 tyres.
The electric vehicle tyre market is evolving quickly, with manufacturers adding EV-appropriate technologies to existing ranges and in some cases launching new lines of specialist products. These products have several goals, most notably offering range-maximising fuel economy, increased resistance to wear, reducing noise, and the ability to carry heavier loads, all while demonstrating greater sustainability and continuing to offer a high level of safety performance. Naturally these characteristics require technological advancements in order to reconcile contradictory demands; for example, making lower-weight tyres that consume fewer materials while also increasing ruggedness to reduce wear and tyre emissions. With tyres specified for electric vehicles now appearing on the European aftermarket in greater numbers, the need for independent scrutiny is becoming greater, and German magazine Auto Motor und Sport has responded by comparing three of the newest EV-specified products with current flagships, fitted to comparable Kia EV and internal combustion engine (ICE) models.
On 10 November, Cheng Shin Rubber Ind., Co., Ltd. announced that it is preparing to increase the capital of PT. Maxxis International Indonesia by US$30 million (about £25.53 million pounds; 29.01 million euros). Cheng Shin Rubber said that the capital increase meets the operation’s needs.
According to local media sources, both Bridgestone and Maxxis plan to ramp up their activities in India. Maxxis Group intends to invest a further US$100 million over the next five years to capture a 15 per cent stake in the two-wheeler tyre market, while Bridgestone Corporation is looking to increase its production capacity for car tyres by ten per cent next year to meet rising demand from both OEM and aftermarket customers.
On the afternoon of 16 August Cheng Shin announced that production at its Chongqing factory would be suspended between 16 and 23 August to cooperate with the local government’s power policy. It is reported that Changshou District, Chongqing City, where the Cheng Shin factory is located, has experienced continuous high temperatures recently, and the power supply gap has continued to expand. The local government advocates for industrial enterprises to stop production to ensure electricity consumption for residents and ease the pressure on the power supply.
Bridgestone’s newest ultra-high performance tyre, the Potenza Sport offered the best results in wet and dry performance in the latest Auto Express tyre test. The tyre was able to make the most of its home field advantage as the magazine used Bridgestone’s Aprilla proving ground, just besting Goodyear’s Eagle F1 Asymmetric 6 by 0.5 per cent. Another notable result was the third-place finish of the Maxxis Victra Sport 5, which adds to a growing list of test successes proving that the brand is increasingly able to hold its own against the traditional premium brands. The test was conducted on the biggest selling 18” tyre size, 225/40R18 92Y. This UHP tyre test of seven products was split from the “UUHP mini test” of three of the highest-performing road tyre products, won by the new Continental SportContact 7. For the UHP test, Auto Express weighted its results to reflect UK driving needs: wet tests counted for 50 per cent of the final mark, dry 40 per cent, and the remaining 10 per cent on noise, fuel economy and price.
BKT supplier and family-run tyre wholesaler RH Claydon (RHC) has announced the official opening date of its new depot in Carlisle’s Kingmoor Park North enterprise zone. From Monday 1 August the site will be open for deliveries and collections between 8 am and 5:30 pm Monday and for collection 9 am to 12 pm Saturdays. This depot is the company’s eighth site and will allow a greater coverage of the north and border areas.
Michelin remains the world’s leading tyre company by sales turnover, but Bridgestone is close behind in one of three close battles distributed across the table. For the first time, our research ranking market-leading global tyre manufacturers in terms of sales turnover converted into euros, illustrates the impact of recent high-profile acquisitions as well as the ongoing disruption of pandemic on the wider market landscape.
At a ceremony held in Phoenix, Arizona this month, General Motors (GM) honoured 134 suppliers based in 16 countries. The vehicle manufacturer’s 2021 Supplier of the Year awardees included five tyre makers – Bridgestone Corporation, The Goodyear Tire & Rubber Company, Hankook Tire & Technology, Maxxis Tires and Michelin North America.