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Marangoni expands in North India

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Marangoni

Marangoni Group started its Franchising operations in India in mid-2018. Recently, the company established its first exclusive franchisee in North India. Manoj Tyres, an existing retreader at Kanpur, operates in one of the largest tyre markets in India in Uttar Pradesh (UP). Manoj tyres was sourcing retreading material from two leading Indian retreading companies before switching exclusively to Marangoni India. One result of the partnership is that a new greenfield facility has been commissioned with new equipment, including Marangoni’s RingTreader RT920.

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  1. Marangoni opens 4th Ringtread franchise in India – 4 more on the way
  2. INMETRO certification for Marangoni’s RingTread, Unitread plant
  3. Marangoni celebrates 20 years in Brazil
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Goodyear EMEA reducing tyre production, exiting TrenTyre after third-quarter operating income fell $51 million

Goodyear’s latest financial results show that third-quarter 2022 group sales grew 7.6 per cent to $377 million up from $5.311 billion and $4.934 billion respectively the preceding two years. According to the company, the increase was driven by pricing actions that drove revenue per tyre (excluding foreign currency) 16 per cent higher than Q3 2021 level. At the same time, sales were impacted by lower tyre volumes, which declined 3 per cent.

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  1. Goodyear reaffirms 2015 targets with ‘strong’ 2Q results, despite EMEA troubles
  2. Goodyear implements direct online sales in US
  3. Bridgestone temporarily closes, slows tyre production at European factories
  4. Goodyear approached Cooper Tire regarding multi-billion-dollar acquisition
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SATMC welcomes preliminary tyre dumping determination

The South African Tyre Manufacturers Conference (SATMC) has welcomed the International Trade Administration Commission’s (ITAC) publication of provisional payments on “unfairly traded (dumped) imports of passenger, truck and bus tyres imported from China”. Provisional payments in place for a period of six months amount to 38.33 percent ad valorem. The six-month period runs from 9 September 2022 until 8 March 2023.

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  1. Fighting unfair trade: South Africa’s SATMC defends tariff application
  2. Wikileaks: Diplomats Bemoaned US Tyre Tariff Decision
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  4. USA retains duties on PLT tyres
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Continental Tyre celebrates 75 years in South Africa in OE video series

Continental South Africa

Continental Tyre South Africa is marking its 75th anniversary in South Africa with its sponsorship of Cars.co.za’s four-part ‘Continental Icons’ video series. Available on the Cars.co.za YouTube channel, one of the largest branded channels in South Africa with more than 320 000 subscribers, the videos highlight the tyre manufacturer’s original equipment heritage. The General Tire and Rubber Company South Africa was founded in January 1947 and acquired by Continental AG in 1998, after which it was renamed Continental Tyre South Africa. The company said the acquisition helped cement it as one of the country’s leading tyre manufacturers.

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  1. New investors expected to restart GTEA production
  2. General Tire marks centenary year
  3. General Tire Grabber AT3 OE on Ford Ranger Raptor
  4. Looting: Dunlop South Africa looses 90 million rand of tyre stock
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Sumitomo Rubber South Africa launches township accredited training

SRI

Sumitomo Rubber SA (SRSA) is following up its Dunlop Container road safety and sustainable township entrepreneurship project established in 2012 with a further training scheme. Dunlop’s Enterprise Development dealers can now apply to send their employees for training in one of four focus areas: Technical Skills, Occupational Health & Safety, Business Acumen and Sales and Customer Care. SRSA will select candidates from the applications for the fully funded training.

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  1. Dunlop Sweeps Out of Nigeria
  2. Zimbabwe Fast Fit Chain to Reopen Branches
  3. SRI to stop Dunlop production at US plant, focusing on Falken brand
  4. Sumitomo Rubber Industries temporarily shuts South Africa tyre plant
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Fighting unfair trade: South Africa’s SATMC defends tariff application

South Africa is currently contemplating anti-dumping tariffs for tyres imported from China, and an investigation is currently in its preliminary phase. A healthy head of steam has already built up on both sides of the argument, with the recent debate including a claim from the Tyre Importers Association of South Africa (TIASA) that the tariffs will simply result in Chinese imports being substituted for tyres from Europe or Japan. The South African Tyre Manufacturers Conference (SATMC) has issued a statement countering assertions such as this.

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  1. South Africa considering import duties for Chinese tyres
  2. NTDA: EC anti-subsidy decision ‘no great surprise’
  3. Chinese truck/bus tyres: US court partially rejects determination
  4. USA retains duties on PLT tyres
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South Africa considering import duties for Chinese tyres

South Africa’s International Trade Administration Commission (ITAC) announced in January that it would look at allegations of dumping levelled against importers of tyres from China. This investigation is still ongoing, but opponents warn that if authorities decide to apply duties to these products, the cost of tyres could increase by up to 41 per cent, with price rises for transportation and essential products a knock-on effect.

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  1. South African tyre association seeks anti-dumping protection
  2. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  3. USA retains duties on PLT tyres
  4. Chinese truck/bus tyres: EU introducing anti-dumping duties tomorrow
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South Africa launch for Bridgestone agri tyre range

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Farmers and agricultural contractors in South Africa are now able to fit their equipment with the Bridgestone tyre range that’s available to their counterparts in the UK and Europe. Bridgestone’s launch offering in South Africa comprises of the VT-combine, VT-Tractor and VX-Tractor.

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  1. Tripling Investment In South Africa
  2. Bridgestone Minority Opposes Buyout
  3. Bridgestone to expand multi-brand agricultural strategy in Europe
  4. Bridgestone ‘agri’ just for Europe
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Richard Fourie appointed MD of Goodyear South Africa

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Goodyear

Goodyear South Africa has appointed Richard Fourie to the position of managing director effective from April 2022. Richard takes over from Piotr Czyzyk who led the company for two years.

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  1. Sumitomo Rubber South Africa names new CEO
  2. Oudshoorn to leave Apollo Vredestein
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  4. Thomas Williams joins Goodyear board
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Blackcircles SA looking to expand into non-car tyre segments

Following Sumitomo-owned Blackcircles South Africa’s marketing launch in January 2022, the business is now considering ways to expand into other non-car tyre segments.

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  1. Sumitomo-run Blackcircles ZA brings its brand of online tyre retail to South Africa
  2. Tirescanner reports 400% sales growth in first quarter
  3. TireScanner appoints three ex-Blackcircles execs
  4. Michelin buys out Allopneus SAS
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Competition Commission tyre price fixing hearing underway in South Africa

Sora Shimazaki

The South African Competition Commission tyre price fixing hearing got underway in South Africa on 28 January 2022. The Competition Commission names Apollo Tyres South Africa (Pty) Ltd; Goodyear South Africa (Pty) Ltd; Continental Tyres South Africa (Pty) Ltd; Bridgestone South Africa (Pty) Ltd; and South African Tyre Manufacturers Conference (Pty) Ltd its case and alleges that from around 1999-2007, the respondents “discussed and agreed to fix the prices of passenger, light truck, bus, off-the-road, agricultural and earthmover tyres”. This was allegedly done through the SATMC, an association for tyre manufacturers in South Africa. The respondents were members of the SATMC.

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  1. Looting: Dunlop South Africa looses 90 million rand of tyre stock
  2. Apollo Tyres South Africa settles price fixing case
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  4. Tyremakers Back to Work in South Africa
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Continental: South Africa agricultural tyre plant closed in 2019

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Continental

Following reports that Continental had sold its South Africa agricultural tyre production assets, company representatives have confirmed that the plant ceased operation a little more than two years ago.

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  1. Continental sells South Africa agricultural and industrial tyre factory assets
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Continental sells South Africa agricultural and industrial tyre factory assets

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Continental AG

Continental Tyre South Africa has sold the manufacturing assets it used to make industrial and agricultural tyres in Port Elizabeth, South Africa. Prior to the sale, Continental manufactured bias-ply and radial agricultural tyres at the Port Elizabeth location. Continental’s ongoing production operations, such as its passenger car and light truck lines, are not affected by the news.

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New managers for Continental’s African tyre plant

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Continental Tyre South Africa (CTSA) has appointed a new senior management team for its tyre manufacturing plant in Gqeberha (formerly Port Elizabeth). The appointment comes as Continental gears up to increase the site’s role as a supplier of light commercial vehicle tyres to global markets.

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  1. Continental South Africa makes strategic appointments
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Looting: Dunlop South Africa looses 90 million rand of tyre stock

SATMC

Amidst widespread economic and political unrest in South Africa, local tyre manufacturers have experienced significant disruption and even looting. Specifically, the Dunlop South Africa (formally Sumitomo Rubber South Africa Pty Ltd – SRSA) Durban Westville warehouse was “invaded” by trespassers and looters resulting in the loss of 90 million rand (£4.533 million; 5.255 million euros; US$6.190 million) of tyre stock. Such is the scale of the problem, the local tyre industry has embarked on a “say no to looted goods” campaign.

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