News for July 2008
2008-07-31
Titan Ships First Production 63-Incher
Titan Tire Corporation said it has shipped its first 63-inch radial OTR tire and wheel assemblies.
2008-07-30
Bridgestone’s Tech Centre Stays in Akron
Akron, Ohio received the good news yesterday that Bridgestone will build its new Technical Centre facility in the city, meaning that the 600 jobs already stationed in the area will remain situated in their current location.
2008-07-29
Meeting Secures Threatened Jobs at Pirelli Plant in Spain
A July 21 meeting between Pirelli chairman Marco Tronchetti Provera, management from the company’s tyre manufacturing facility in Manresa, Spain, and regional government officials has resulted in a deal that has reportedly secured the jobs of 280 Manresa factory employees.
2008-07-29
CSEasy Wins Another Innovation Award
The CSEasy industrial tyre system developed by Continental has won the silver 'IQ Innovation Prize Central Germany 2008'. Judges met three times to establish the winner of the Chemicals/Plastics sector.
2008-07-29
Cooper to Sell 10.71% Kumho Share
Kumho Tires is looking for investors to acquire a £54.9 million share in itself currently owned by Cooper Tire & Rubber, reports a company spokesperson.
2008-07-28
Bridgestone to Supply Potenza OE for Cadillac STS
[[Bridgestone]] [[Firestone]] North American Tire (BFNT) has announced the OE supply of its Potenza RE050A tyres for the 2009 Cadillac STS touring saloon, Bridgestone’s first fitment deal for this vehicle.
2008-07-28
Yokohama to Manufacture Tyres in Brazil, Russia
To meet growing demand in Russia and Brazil, Yokohama Rubber intends to begin manufacturing passenger car tyres in these two countries, with production commencing as early as 2010.
2008-07-28
Dunlop Zimbabwe Voices its Commitment to the Home Market
Zimbabwe’s sole domestic tyre manufacturer, Dunlop Zimbabwe, states it remains committed to continuing local operations.
2008-07-25
Search on for Pirelli ‘Star Driver’
Since its launch earlier this year, the Pirelli Star Driver scheme has attracted significant interest, with competitors from around the world seeking to win a drive in a series of six FIA World Rally Championship events.
2008-07-25
Cooper Strikes Deal with Lightning GT
Cooper Tire’s ultra-high performance Cooper Zeon 2XS is to be unveiled as OE on the new electric sportscar, the Lightning GT, at the British International Motor Show, currently taking place at Excel in London until 3 August.
2008-07-25
Michelin Boasts Safety & Performance Benefits From New Drive Tyre
Michelin has developed a new all-purpose drive axle tyre it claims is ideally suited for both road and motorway use in all weather conditions.
2008-07-24
Michelin To Increase Replacement Tyre Prices in Japan
In the second half of 2008 Nihon Michelin Tire Co., Ltd will raise the delivery prices for its replacement market products in Japan.
2008-07-23
Michelin NA Opens Second Retail Outlet
Michelin North America celebrated the grand opening of a second retail outlet on July 22.
2008-07-23
Goodyear Dunlop Embark on Charity Tour de Midlands
Thirteen employees of Goodyear Dunlop are staging a four-day, 320-mile endurance cycle ride to benefit Birmingham Children’s Hospital.
2008-07-23
Vredestein Aims for Icy Markets with New Arctrac
Last year’s Winter Tyre Review (T&A, September 2007) featured three Vredestein tyres designed to withstand cold weather.
2008-07-22
Hankook and Kumho Resume Tyre Supply to GM Daewoo
South Korean vehicle manufacturer GM Daewoo Automotive and Technology recommenced production at is Bupyeong facility on July 22 following the resumption of its tyre supply.
2008-07-22
Conti to Acquire 89.66% Stake in its Turkish Tyre Distributor
Continental AG reports it has agreed to acquire 89.66 per cent of Turkey based tyre distributor Oltas Spa.
2008-07-21
Bridgestone North America Divisions Donate to US Flood Relief
Since June the US state of Iowa has experienced its worst flooding in 15 years, with rivers throughout the state bursting their banks.
2008-07-21
Toyota Becomes Canadian Retailer of Conti Products
Continental has expanded its retail presence in Canada following the signing of an agreement with Toyota.
2008-07-21
Tyler Workers OK Closure Plan
USW members at Goodyear’s Tyler, Texas, tire plant have voted to allow the tiremaker to shutter the facility ahead of schedule. The vote late last week accepted Goodyear’s proposal to close down the plant in advance of the original Dec. 31 date.
2008-07-21
Michelin Signs 3-Year A1GP Tyre Contract
Michelin is the new exclusive tyre partner to A1GP World Cup of Motorsport, starting with the 2008/09 season. The French manufacturer has signed a three-year contract and replaces Cooper Tire, which had produced A1GP’s control tyres since the series’ inception in 2005.
2008-07-18
Pirelli Seek Consolidation in Turkish Buyout
Pirelli has begun to negotiate the buying out of minority shareholders in its Turkish units Turk Pirelli Lastikleri – which supplies commercial and passenger car tyres – and Celikord, a steel cord manufacturer.
2008-07-18
Dunlop Launches ‘Petrolhead Haven’
According to the tyre manufacturer, the Dunlop Drivers Club stand was one of Goodwood Festival of Speed’s highlights.
2008-07-17
Michelin Clocks Up Half a Million Hours of Training Success
Michelin Training Centre is celebrating delivering its 500,000th hour of high training.
2008-07-17
Goodyear Still Isn't for Sale
An offer by a California company to buy Goodyear Tire & Rubber Co.'s off-the-road tire business has gone nowhere because Goodyear says the operation isn't for sale.
2008-07-17
Conti Invests $60 Million in Mt. Vernon Facility
Continental Tire North America will invest an additional $60 million in its Mt. Vernon, Ill., manufacturing plant over the next three years, bringing the total amount invested in the facility since 2006 to more than $220 million.
2008-07-17
BFNAT Plant Gets Environment Award
Bridgestone/Firestone North American Tire’s Warren County, Tenn., medium truck tire plant recently received the 2008 Governor’s Environmental Stewardship Award for accomplishments in pollution prevention.
2008-07-17
Dunlop Gains Six OE Wins in Six Months
Dunlop’s OE team are celebrating six original equipment wins in six months.
2008-07-16
Conti Takeover Run Takes Twists and Turns
News about Schaeffler Group’s run at Continental AG continues to come fast and furious, with European financial analysts now weighing in on how they see the deal coming down.
2008-07-16
Goodyear Employees May Vote on Agreement for Early Plant Closure
Goodyear Tire & Rubber Co. may close its Tyler plant prior to the expiration of the master union contract, thus releasing about 60 remaining employees early, if the local union membership votes to ratify an agreement for closure.
2008-07-16
Pirelli Carlisle Cuts 60 Manufacturing Jobs
Pirelli’s Carlisle, England, factory, which employs 1,000 workers, is set to cut back 60 jobs from the firm’s operation due to foreign competition and lost orders, say local news sources.
2008-07-15
Yokohama Hooked on Driving
Yokohama’s Advan brand was named the official tire sponsor of Hooked on Driving, an advanced driving instruction program.
2008-07-15
Dunlop Sweeps Out of Nigeria
Dunlop, the last tyre manufacturer with a factory in Nigeria, is set to leave the country, favouring the importation of tyres from other nations, such as South Africa.
2008-07-15
TUV Sud Shows Michelin Energy Saver as Lowest Cost
Independent testing organisation TUV Sud has shown that Michelin’s Energy Saver tyres lend motorists considerable savings over competitors’ brands.
2008-07-15
Report: Bridgestone to Announce 26% Profit Fall at Year End
Bridgestone Corp is expected to announce a sharp fall in group operating profits as a result of rising rubber prices.
2008-07-14
Bridgestone Increases UHP Tyre Production in France
Bridgestone Europe has invested 32 million euros in increasing production capacity at its Béthune, France, passenger-car tyre plant.
2008-07-14
Michelin to Help China Mine Customer
Groupe Michelin and China’s largest surface coal mine, China Coal Pingshuo, signed a three-year renewable contract in which Michelin will provide and maintain 53/80R63 tires for the Komatsu 930E trucks that CCP operates in the mine.
2008-07-14
Pirelli Name-Checked on Ferrari Game
Pirelli has been given a name-check, as the virtual-competition sponsor in the title of the new racing game, Ferrari Challenge: Trofeo Pirelli.
2008-07-14
Goodyear Plans Commercial Tyre Unit for China
Chinese news sources are suggesting strongly that plans are in progress at Goodyear for a new US$500 million facility in Dalian, China.
2008-07-14
Continental Puts European Tyre Prices Up 5%
Continental AG has announced that it will increase its European passenger car and light truck tyre prices (across of all brands) by 5%.
2008-07-11
Goodyear One of America's Most Respected
Goodyear was once again named one of America's most respected companies by the Reputation Institute (RI) and Forbes magazine.
2008-07-11
Michelin North America Seeks Rugby International Sponsors
Michelin North America is offering sponsorships for the international rugby match between top-division French Rugby Union side Clermont-Auvergne and the USA Eagles in South Carolina on Aug. 9.
2008-07-11
Pirelli Looks to Double Share in China
Pirelli SpA plans to invest some $100 million over the next two years to double its tire production capacity in China.
2008-07-10
New Machinery Launch On Rosava Plant
The largest tyre manufacturer in Ukraine “Rosava”, selling its products in 53 countries worldwide, is modernizing its production by installing new hi-tech machinery.
2008-07-09
Pirelli Completes Group Buyback
Pirelli SpA has closed its repurchase of its tire group, buying out the remaining 19.19% owned by Speed SpA.
2008-07-09
Toyo Taking Hike in Japan
Toyo Tire & Rubber Co. plans to raise prices on its replacement tires sold in Japan.
2008-07-09
Analysts Downgrade Michelin Shares to Sell
Michelin shares have dropped by 6.44% following Societe Generale SA’s decision to downgrade the leading French tyre manufacturer’s stock to ‘sell.’ Societe Generale had previously rated Michelin as “hold.”
2008-07-08
M&R Intros TPMS Safe Balance Compound
The maker of Magnum Tire Balancing Compound recently introduced a new tire balancing compound it claims can be safely used with TPMS-equipped tires.
2008-07-08
Goodyear is recalling 5,300 winter tires
Goodyear Tire & Rubber Co. will be recalling 5,300 Dunlop Sport 3D. These tires were manufactured between Sept 4, 2005, through May 17, 2008.
2008-07-08
Finalists Picked for BFNAT Video Contest
The top 10 finalists have been chosen in the Bridgestone/Firestone North American Tire’s 2008 Safety Scholars video contest.
2008-07-08
Michelin Sponsors 2008 Ballymena Business Award
The Michelin Athletic Club in Ballymena, Northern Ireland has played host to the launch of the Ballymena Business Excellence Awards 2008.
2008-07-08
Cooper adds sizes to Zeon, Discoverer lines
Cooper Tire & Rubber Co. has added sizes to several of its key lines, including the Cooper Zeon XSTA, a new all-season sport truck tire.
2008-07-07
Cooper Tire to Build in Franklin
A global tire manufacturer is relocating its distribution operations to Franklin, Ind., and creating 60 jobs by 2011.
2008-07-07
Goodyear Dunlop Makes Investment in Wolverhampton
Goodyear Dunlop Tyres has announced that further ‘substantial’ investment will be made in its Wolverhampton truck tyre retreading facility.
2008-07-04
Fulda Saves Panda from Extinction
Fulda is sponsoring a 1991 Fiat Panda 4x4 taking part in the Mongol Rally 2008. The Fiat will set off on the 19th July and will be fitted with the Fulda EcoControl tyres.
2008-07-03
Conti Increases Stake in Continental Matador
Continental has increased its share in Continental Matador Rubber following a July 1 agreement to transfer an additional 15 per cent of Continental Matador shares.
2008-07-03
Bridgestone Wins Thamesdown Bus Fleet Deal
Bridgestone Tyres has gained a contract with Thamesdown Transport, the Swindon-based bus company. Bridgestone will be supplying its range of specialised bus tyres to Thamesdown’s entire fleet.
2008-07-02
Goodyear Seeks Exemption From U.S. Recall
In spite of determining that some 82,000 tyres produced between 2007 and March 2008 featured sidewall labelling not fully in compliance with U.S. safety standards, [[Goodyear]] has petitioned the National Highway Transport Safety Authority (NHTSA) to exempt the products from a recall.
2008-07-02
Kumho Workers Strike Over Wage Dispute
Partial day strike action at Kumho’s two main South Korean facilities is likely to cost the company about KRW 2.98 billion (£1.4 million) a day in lost output.
2008-07-01
New summer pattern line MP 44 Elite 3, brand Matador
A novelty for the 2009 summer season – in the segment of summer HIGH PERFORMANCE tyres for middle and upper medium range cars. Compare to its predecessor MP 42 Elite 2, the asymmetric tread pattern MP 44 Elite 3 brings improved proporties in the area of handling, safety on wet and dry surfaces, comfort and life.
2008-07-01
MNA Adds New Laredo AWT II
Michelin North America has introduced the Uniroyal Laredo AWT II, designed for on- and off-road applications.
2008-07-01
Conti tire reaches 254 miles per hour
An ultra-high performance tire from Continental AG, the ContiSportContact Vmax, recently reached a speed of 254 miles per hour (or 409 kilometers per hour) on a Porsche GT9.
2008-07-01
Michelin will raise consumer, commercial tire prices
Michelin North America Inc. will raise prices on its Michelin, BFGoodrich, Uniroyal, private and associate brand passenger and light truck replacement tires up to 12%, effective Sept. 1.
2008-07-01
Pirelli Confirms Higher Targets Despite Weakening Car Sales
Comments given by Pirelli & C Spa chairman Marco Tronchetti Provera indicate that targets for company’s tyre business remain slightly higher despite declining car sales in Western Europe.





