USTMA Revises Forecast for 2019 U.S. Tire Shipments Upward

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The U.S. Tire Manufacturers Association (USTMA) projects 2019 U.S. tire shipments will increase to 333.1 million units compared to 330.4 million units in 2018.

The latest projection is up from the 332.9 million units for 2019 which the USTMA forecast in July.

Original equipment (OE) passenger tire shipments are expected to decrease by 2.1 million units, while passenger tire replacement shipments are projected to increase by 6.4 million units compared to 2018.

Read the source article at Modern Tire Dealer

Survey Finds Majority Of Americans Unsure Of Their Ability To Drive In Winter Weather

When it comes to driving during the winter, nine in 10 Americans don’t trust others to stay safe on the road, although only 41% are confident in their own winter-driving abilities. And with many roads across the U.S. experiencing icy conditions throughout the winter, 48% of drivers even avoid running errands or traveling at all (42%) due to weather concerns.

 

Read the source article at PR Newswire

The global low rolling resistance tire market at a CAGR of over 10% during the forecast period

NEW YORK, Dec. 2, 2019 /PRNewswire/ — Global Low Rolling Resistance Tire Market: About this market This low rolling resistance tire market analysis considers sales from both aftermarket and OEMs end-users. Our study also finds the sales of low rolling resistance tire in APAC, Europe,…

Read the source article at PR Newswire

Hankook earnings down 3.2% in Q3 despite higher sales

SEOUL, South Korea — Hankook Tire & Technology Ltd. reported a 3.2% drop in pre-tax operating income for the quarter ended Sept. 30 on 4.4% higher sales, citing “weakened consumer confidence caused by the global economic downturn” for “intensified tire market sales competition.”

Read the source article at Tire Business

Conti offering ag tire pressure/load calculating app

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FORT MILL, S.C. — Continental A.G. has developed a mobile service app for farmers and others in the agricultural sector that allows them to calculate proper tire pressures for varying load conditions.

Read the source article at Tire Business

Goodyear Begins Intelligent Tire Pilot with European Fleets

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The Goodyear Tire & Rubber Company has initiated a new pilot program with Redspher, a transport and logistics group operating in 19 countries throughout Europe.

The latest agreement involves Goodyear supplying its intelligent tires – equipped with embedded sensors – through Redspher, to a variety of fleets connected to Redspher’s shared services platform called Rubiwin.

Read the source article at Tire Review

Bridgestone building ‘innovation park’ at former tire factory in Tokyo

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TOKYO—Bridgestone is building an “innovation park” as part of its strategy to transform into a global leader in advanced mobility and sustainability.

Read the source article at Rubber and Plastics News

Michelin: training programme helps Midland Tyre Services

Midland Tyre Services (MTS)’s frontline team recently received a series of in-depth Michelin training courses tailored to its business. MTS, based in Borris-in-Ossory, County Laois, is one of Ireland’s largest and most recognised fleet mobility businesses. Operating 24 mobile service vans, all equipped with the latest tyre management technology – including real-time digital inspection and reporting tools – MTS supports thousands of commercial vehicles operating across Ireland.

Read the source article at Tyrepress

Kal Tire opens OTR tire retread plant in Mexico

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CANANEA, Mexico — Kal Tire has opened an OTR tire retread plant in Cananea to supply a number of the open-pit copper mines located in northwest Mexico.

Read the source article at Tire Business

DRI makes deal, invests for future growth

COLDWATER, Ohio—Recycled rubber compounder DRI Rubber has grown rapidly in a short span thanks partially to an acquisition and a plant expansion, along with the addition of more machinery and personnel.

Read the source article at Rubber and Plastics News