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News for June 2008

2008-06-30 Goodyear Temporarily Closes Canadian Plant
Goodyear’s Napanee plant between Belleville and Kingston in Ontario is to close for a week as the manufacturer continues to react against a stagnating marketplace.
2008-06-30 A-V, Sibur Russan Tyres Joined in Stock Deal
After months of speculation and negotiations, a deal has been struck that will join Russia’s two largest tiremakers – Amtel-Vredestein and Sibur-Russian Tyres.
2008-06-30 Nokian Tyres to Increase Presence in Ukraine
Nokian Tyres is reportedly partnering with Immo Industry Group and Aladdin Group to develop its distribution operation in Ukraine.
2008-06-30 Goodyear Shares Slump
2008-06-27 Another Round of Price Hikes for Bridgestone
Bridgestone Corp. said it will raise prices on tires sold through retailers as of September, citing high costs for such materials as natural and synthetic rubber.
2008-06-27 Michelin Ups Stake in Hankook
French tyre maker Michelin has raised its stake in Hankook Tire Co. to nearly 10% through stock market purchases, the South Korean company said on Friday.
2008-06-27 CTNA sponsors Porsche Parade
Continental Tire North America Inc. (CTNA) is the title sponsor of next week's Porsche Parade Gimmick Rally in Charlotte, N.C. The parade will start at CTNA headquarters on June 30.
2008-06-26 Michelin Romania 2007 Turnover up 10.8%
Michelin Romania has posted a 2007 turnover of 340 million euros, a 10.8% increase over the sales of 306.8 million euros reported a year earlier.
2008-06-25 Michelin earns OE fitment on 2009 Corvette ZR1
In 1953, General Motors Corp. launched the Corvette. Fifty-five years later, the first Corvette with a Michelin original equipment tire will hit the streets.
2008-06-25 Goodyear Assurance ComforTred to be OE on Lincoln MKS
Goodyear Tire & Rubber Co.'s premium Assurance ComforTred tires, in size P235/55R18, will be standard original equipment on the 2009 Lincoln MKS, a new luxury sedan scheduled to hit dealer showrooms this summer.
2008-06-25 Goodyear Optitrac R+ OE for JCB Fastrac Models
Goodyear’s high speed Optitrac R+ farm radial tyre has been approved for fitment to the new 7000 series JCB Fastrac tractor.
2008-06-25 Goodyear announces plan to close tire plant in Australia
Goodyear Tire & Rubber Co. plans to close its Australian manufacturing facility by the end of the year.
2008-06-24 Michelin adds two ultra-high performance tires to the Pilot Sport family
Two new Michelin Pilot Sport tires will be available to tire dealers by the end of October.
2008-06-24 Cooper Tire lowers North American production
Cooper Tire & Rubber Co said on Monday, June 23, it has reduced production in its North American facilities during the second quarter to counter decreased tire demand and projected shortages of certain raw materials.
2008-06-24 Get the Hump With New Mak Fuoco Wheel
ÌÀÊ has launched the Fuoco, an innovative new SUV wheel featuring a special hump that allows particular run-flat tyres to be fitted to it. “Hump EH2+” holds ETRTO homologation, which opens up a whole new market for MAK.
2008-06-24 Continental demonstrates prototype tyre sensor technology
[[Continental]] AG has unveiled a new prototype cyber tyre technology, designed to demystify the tyre management process.
2008-06-20 Goodyear May Build Plant in Yaroslavl
For the first time in three years, a foreign tire-maker may build a plant in Russia. The U.S. company Goodyear is considering a $200-250-million project in Yaroslavl Region to produce up to 5 million car tires a year.
2008-06-20 Maxxis is debuting in Ukraine with its lineup
On June, 23, «ÂåñòàÌàðêåò» trade house («VestaMarket”), an exclusive representative of Maxxis in Ukraine, is presenting the lineup of the leading Chinese manufacturer, which occupies the 12th position among the top players in the global tyre business.
2008-06-20 Michelin Adds to Expansion Plans
Michelin North America, already committed to spending $350 million on various North American plant upgrades, added another $90 million to the pot earlier this week.
2008-06-20 Gori: Pirelli Must Expand in China, Russia & Brazil
Pirelli Tyre must consolidate its presence in mature markets and expand in high-growth areas such as China, Russia and Brazil, stated CEO Francesco Gori in an interview with Italian newspaper Milanzo Finanza.
2008-06-20 Voronezh Factory to Pay no Amtel-Vredestein Dividend
Russian media has reported that Amtel-Vredestein shareholders will receive no 2007 dividend from the Amtel Chernozemye tyre factory in Voronezh, Russia, following a decision made at the facility’s annual meeting on June 9.
2008-06-20 Goodyear Dunlop to Supply 100,000 Tyres to Police
Goodyear Dunlop has announced that it will work in partnership with the National Policing Improvement Agency, making it the main supplier of tyres to over 50 police forces in the country.
2008-06-20 Bridgestone and Michelin in Disagreement on Green Tests
French website autoactu.com has reported details of a conflict between major tyre manufacturers Bridgestone and Michelin over the comparative energy-saving properties of Michelin’s Energy range of tyres.
2008-06-19 Cooper Expands in Mexico
Cooper Tire & Rubber Co. is building its presence in Mexico, striking a deal to partner in a capacity expansion project at that country’s second largest tire plant.
2008-06-18 Toyo Established Iberia Representative Office
Toyo Tire’s European subsidiary, Toyo Tire Europe GmbH, has established an Iberia representative office in Madrid, Spain.
2008-06-18 Michelin Raises Stake in Hankook
French tire maker Michelin said on Wednesday it had raised its stake in South Korean peer Hankook Tire to 8.9% from 6%.
2008-06-18 14-Day Turkish Tyre Strike Ends
A two-week tyre strike by 4,000 members of International Federation of Chemical, Energy, Mine and General Workers' Unions (ICEM) Turkish affiliate Lastik-Is ended on June 13, and workers from three tyre manufacturers resumed work the following day.
2008-06-17 iVoice Technology Talks Tyre Trash
The U.S.-based company iVoice Technology has filed a patent application on a rubbish bin made entirely from recycled tyre crumb rubber.
2008-06-17 Michelin Kicks Off Tyre Pressure Campaign at Eurotunnel
Following on from its 2007 campaign, Michelin’s latest “Fill up with Air” roadshow kicks off at the Folkestone Eurotunnel Terminal on July 1-2.
2008-06-16 Goodyear Eagle Gets Super Mustang Fitment
Specially developed Goodyear Eagle F1 SuperÑar radials are the exclusive tire for the new Ford Mustang Shelby GT500KR.
2008-06-16 Cooper Tire launches new Discoverer CTS
Cooper Tire & Rubber Co. marks the arrival of an all-new premium luxury touring SUV tire with an all-new performance edge.
2008-06-13 Cooper Tires Chosen for World of Wonders Expedition
Adventure Learning Foundation has selected the Cooper Discoverer S/T-C tire for use on the tenth leg of its World of Wonders educational expedition, which teaches school-aged children about the world’s people, cultures and places through an interactive, Web-based application.
2008-06-13 General’s Altimax Tops Tire Rack Survey
General Tire’s Altimax HP has earned the number one ranking in the Grand Touring All-Season Tire category in an online consumer survey of tires performed by Tire Rack.
2008-06-12 Wolverhampton’s Iconic Goodyear Chimney Set to Tumble
The days of an iconic Wolverhampton landmark are drawing to a close.
2008-06-12 Plant Explosion Kills One, Injures Six
One worker was killed and six others were injured in an early morning explosion yesterday at Goodyear Tire & Rubber Co.’s synthetic rubber plant near Houston.
2008-06-12 Pirelli To Sponsor Amputee Olympian
Pirelli SpA will sponsor South African sprinter Oscar Pistorius, a double amputee who plans to compete in the upcoming Olympic Games in Beijing.
2008-06-11 Michelin on Top in Rolling Resistance Tests
An independent testing organisation has found that the Michelin Energy Saver tyre “has a rolling resistance 20% lower than its direct competitors.”
2008-06-11 Cooper partners with Formula Drift
Cooper Tire & Rubber Co. is partnering with Formula Drift for the fifth consecutive year.
2008-06-11 Marangoni and Continental team up to distribute ContiTread patterns
Marangoni SpA and Continental AG have agreed to work together in the retreading sector. The agreement will allow Marangoni Retreading Systems to produce and distribute Continental tread patterns (ContiTread) in Europe and other major markets worldwide.
2008-06-10 Michelin to Premiere X Energy SaverGreen Range at IAA Show
With the world premiere launch of the latest Renault Magnum comes the unveiling of Michelin’s new X Energy SaverGreen tyre range.
2008-06-10 Yokohama Sets Tire Sales Company in Thailand
Yokohama Rubber Co. has established Yokohama Tire Sales (Thailand) Co., Ltd. in Bangkok, Thailand.
2008-06-10 Bridgestone Establishes East Europe Sales Companies
Bridgestone Europe NV/SA has established three new sales subsidiaries in Eastern Europe.
2008-06-10 Pirelli Wins Motoring Euro Press Plaudits in Summer Tests
Pirelli have obtained eight overall victories and two top-three placements in 11 tests conducted by European motoring authorities and the specialist press.
2008-06-09 Hankook Boosts Investment For Eco-Friendly Tires
Hankook Tire Co. said it plans to spend some $19 million per year in its ongoing investment into developing more environmentally friendly tires.
2008-06-09 Goodyear Makes Addition Commercial Increases
Goodyear confirmed that it is increasing the prices of some of its Steelmark and Remington commercial truck tires by up to 10%, effective July 1.
2008-06-09 Israeli-Owned Company in Ukraine Tackles Old Tires
Ever wonder what happens with your old tires after you get new ones?
2008-06-06 Bridgestone Ships 10 Millionth Runflat
Bridgestone Corp. said it has shipped its 10 millionth runflat tire.
2008-06-06 Pirelli Tire Wins Aussie Test
Pirelli’s P6000 passenger tyre has taken the honors in the 195/60R15 (small/medium car) section of the 2008 Wheels Magazine Tyre Test, scoring 99.01 out of a possible 100.
2008-06-06 Goodyear ‘Gets There’ With Award
Goodyear Tire & Rubber Co. and its advertising agencies – McCann Erickson, New York; MPG, Boston; and HFA, Akron – were awarded an Effie Award June 4 for the 2007 Goodyear "Get there" marketing campaign.
2008-06-05 Bridgestone Narrows Tech Center Options
Bridgestone Americas Holding Inc. said it has narrowed the possible locations of its new world-class technical center to two choices: Murfreesboro, Tenn. or the Firestone Park area of Akron, Ohio.
2008-06-05 Conti Reports No Contact Over Truck Tyres
Continental has responded to claims from German news sources that Italian rival Pirelli is interested in buying the German manufacturer’s truck tyre business, stating that they have yet to be contacted.
2008-06-05 Pirelli to Start Russian Tyre Plant Negotiations
Pirelli & C. SpA has signed a letter of intent to begin negotiations for the construction of a car, light truck and heavy truck tyre plant in Russia.
2008-06-05 Goodyear Earns ‘Quality Excellence’ Award
Hino Motors Manufacturing U.S.A. Inc. presented Goodyear Tire & Rubber Co. with its Quality Excellence Award for commercial tires on Hino medium-duty trucks.
2008-06-04 Amtel Wants to Buy Sibur Tire Business
Amtel-Vredestein has asked the Russian antimonopoly office to allow it to buy 100% of petrochemical firm Sibur's tire business.
2008-06-04 Goodyear’s 'Satisfaction Assurance' to Australia
Goodyear has marked the Australian launch of its latest safety-conscious tyre with a “Satisfaction Assured Trial” – an option unique in Australia for consumers to have their set of four new “Assurance” tyres replaced after 1000kms or within two weeks, inclusive of all refit charges.
2008-06-04 Pirelli Launches the Winter Sottozero Serie II
A Tyre for Today’s Winters, Cars and Regulations. It will meet the needs of the most demanding drivers.
2008-06-03 Michelin Sponsors Land Rover Monthly Billing Show
Michelin will be title sponsor of the LRM (Land Rover Monthly) Billing Show, which takes place at Billing Aquadrome, Northampton from 18 to 20 July.
2008-06-03 Yokohama will adjust consumer tire prices up to 6%
"Due to continued record increases in the costs of raw materials and energy," Yokohama Tire Corp. says it will adjust prices on its consumer tires by up to 6%, effective July 1, 2008.
2008-06-03 Turkish Workers Strike at Four Major Tire Plants
About 4,000 Turkish tire manufacturing workers went on strike over the weekend at four factories, demanding a 12% wage increase for the first six-month period of a two-year labor agreement, and the Turkish rate of inflation for each six-month period thereafter.
2008-06-03 Sumitomo Increasing Capacity at China Facility
Plans are reportedly underway to increase capacity at the Sumitomo Rubber (Changshu) Co. Ltd tyre facility in China by 20%.
2008-06-03 Cooper Tire Europe Plaintiff in Cartel Lawsuit
A number of tyre manufacturers have filed a lawsuit against chemical producers alleged to be members of a cartel operating in the late 1990s and early this decade.
2008-06-02 Michelin recalls children's car seat
Michelin will recall its Michelin Cockpit car seats for children as a precautionary measure following a poor safety rating from French consumer magazine Que Choisir.
2008-06-02 CTNA joins EPA's SmartWay program
Continental Tire North America Inc. (CTNA) has joined the United States Environmental Protection Agency's SmartWay Transport Partnership.
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