News for December 2006
2006-12-21
Bridgestone to Build New Giant OTR Tire Plant…in Japan
For the first time in three decades, Bridgestone Corp. will build a new tire plant in its home country.
2006-12-21
Michelin Campaign Wins B2B Award
Michelin’s Stop Thirsty Tyres campaign, aimed at helping hauliers reduce their fuel bills through better tyre management, has beat strong competition to win the ‘Best use of creative’ award at this year’s B2B Marketing Awards.
2006-12-21
Beru Chosen as BMW TPMS Supplier in U.S.
BMW has chosen the German company Beru AG as its supplier of tyre pressure control systems for BMW vehicles destined for the U.S. market.
2006-12-20
Thai Recall for Michelin
Following Michelin Australia’s recall of a potentially unsafe light truck tyre sold in the Australian market, Michelin Siam has recalled 55,000 units of this particular tyre and other variants.
2006-12-20
EnTire Solutions Gets Toyota Position
EnTire Solutions said it will boost its TPMS presence in North America, becoming a supplier for the 2007 Toyota Sienna.
2006-12-20
New Organisation For Nokian in Europe
Sources inform us that Finnish tyre manufacturer Nokian seems set to expand its distribution centre.
2006-12-15
TIC Becomes TyreSafe
From January 2007, the Tyre Industry Council (TIC) will be known as TyreSafe.
2006-12-13
Michelin to Extend Use of TMPS
Oxfordshire-based Transense Technologies PLC has announced that it has entered into an agreement with Honeywell International Inc. to extend the use of Transense’s Tyre Pressure Monitoring System (TMPS).
2006-12-13
Hayes Lemmerz Reports Loss, Continues Restructuring
Wheel and automotive parts manufacturer Hayes Lemmerz International Inc. has reported a third quarter loss of US$59.6 million, up from US$13.3 million a year earlier.
2006-12-11
New Tyre Sensor Offers Increased Safety and Lower Operating Costs
A new tyre sensor that can warn drivers of dangerous road conditions or urgently needed tyre maintenance has been developed in Germany.
2006-12-08
Managers to Leave Goodyear Dunlop in 2007
Some 29 managers have lost their jobs at Goodyear Dunlop UK. The job losses are part of a restructuring programme, which will cut around 100 jobs in total.
2006-12-08
Apollo Tyres OE on Volkswagen?
Apollo Tyres is in talks with Volkswagen about supplying tyres to the small car the German carmaker is planning to introduce in the next two years.
2006-12-07
Bridgestone Shares Rise on Back of Bandag Acquisition
Bridgestone Corp. shares rose 3.5% to 2,550 yen, the company’s greatest gain in two months, after the tyremaker agreed to purchase retreader Bandag Inc.
2006-12-07
Michelin Seeks Exemption from Indian Standards
At a meeting in New Delhi, the French Government has sought to gain exemption from having to add the Bureau of Indian Standards (BIS) marking for to Michelin tyres in addition to their current e-marking.
2006-12-07
Analysts Upgrade Cooper Shares
Some financial analyst reports have become increasingly optimistic regarding Cooper Tire’s intermediate term performance.
2006-12-06
Bridgestone Americas to Acquire Bandag for $1.05 Billion
Bridgestone Americas Holding Inc. and Bandag Inc. jointly announced that they have entered into a merger agreement in which Bridgestone Americas will acquire the outstanding shares of each class of stock of Bandag for $50.75 per share in cash. The transaction is valued at approximately $1.05 billion.
2006-12-04
Pirelli Acquires Fioravanti Licence for Cyber Tyre Development
Pirelli Tyres and Fioravanti have announced plans to work together to develop Pirelli’s patented Cyber Tyre concept.
2006-12-04
Dunlop Looks to BEML for Heavy Tyres Deal
Dunlop India Ltd. is reportedly taking steps to enter the OTR tyre market by cooperating with Bharat Earth Movers Ltd. and Coal India Ltd.




