DETROIT — Continental A.G. CEO Elmar Degenhart stressed the importance of free and open international trade at a media briefing Jan. 15 during the during the North American International Auto Show.
Michelin and Pirelli return to the top two spots in AutoPacific‘s 2017 Replacement Tire Owner Satisfaction Awards after being edged out by Goodyear and Bridgestone last year. The study, now in its 7th year, identifies the most satisfying replacement tire brands using owner ratings for 17 different tire attributes. Released last month, the results place Michelin 1st, followed by Pirelli. Bridgestone and Goodyear drop to 3rd and 4th rank, respectively.
Jiaozuo, China – Aeolus has terminated the acquisition of a 90% stake in Pirelli’s industrial tire unit Prometeon Tyre Group (PTG), the Chinese company announced 4 Jan.
The planned deal, priced at €215 million (1.7 billion yuan), also included a 70% stake in Guilin Beili Tire, another subsidiary of Aeolus’ parent group ChemChina Rubber Corp.
Aeolus’ shares on the Shanghai Stock Exchange have resumed trading.
With lucrative sport utility vehicle and truck sales on the ascent, Detroit automakers are racing to ditch slow-selling cars in favor of the big rigs that mint them money. Chief Executive Officer Sergio Marchionne started it off by killing the Dodge Dart and Chrysler 200 to reorient Fiat Chrysler Automobiles NV around Jeep SUVs and Ram pickups. The profit boom that’s followed has emboldened Detroit’s other CEOs to consider snuffing out sedans such as the Ford Fusion and Chevrolet Impala.
DETROIT—Citing safety, performance, economic and ecological reasons, Michelin North America is calling on the vehicle and tire industries to consider adopting testing procedures for partially worn tires.
The Yokohama Rubber Co. has announced that it will expand the Yokohama Group’s global production capacity for off-highway tires by adding new facilities at ATC Tires Pvt., the Indian tire manufacturing and sales subsidiary of the Alliance Tire Group (ATG), which Yokohama Rubber acquired in July 2016. Construction of the new facilities will begin in February at ATC Tire’s Dahej Plant in the state of Gujarat.
Pirelli will provide six tires for the new Lamborghini Urus, its first Super SUV. The Pirelli tire range will be offered in 21 to 23 inch sizes to best highlight the Urus’s different functionalities and driving experiences.
For such an extreme car that can go from 0-62mph in 3.6 seconds, 0-124mph in 12.8 seconds and with a maximum speed of 190mph; Pirelli needed to develop multiple tires.
Falken Tires has been chosen by Subaru to provide its Falken ZIEX ZE001 All-Season tires as original equipment to the all-new 2019 Subaru Ascent three-row SUV, launched at the Los Angeles Auto Show.
“We are very proud to have Falken Tires selected for Subaru’s new halo SUV,” stated David Colletti, Falken’s Vice President, Original Equipment. “It’s obvious the Ascent is a very important vehicle to Subaru and critical to its line-up as it becomes Subaru’s biggest SUV.
Magna Tyres has reopened its OBO Tyres factory, which will launch its tire production operations in the Netherlands.
Magna’s OBO factory, located in Hardenberg, will allow the tiremaker to lower transportation costs and import duties on its tires and invest in more production capacity, the Dutch manufacturer said. Magna Tyres that will be produced at the plant inclide the Magna MA02, M-terrain and AG24.
Nokian Tyres’ Aramid Sidewall technology is now available in tires for cargo and commercial van drivers.
“We want to offer cargo and commercial van drivers the same durability that users of our SUV and LT tires are already receiving,” said Petri Neime, head of product and pricing management for Nokian. “In addition to protecting against unplanned additional costs caused by tire damage, Aramid fiber also ensures reliability in unpredictable situations.”