More millennials are hitting the road in trailers, RVs

Whether it’s Lucille Ball and Desi Arnaz traveling across the country in “The Long, Long Trailer” or Iggy Pop spending time at home with Mom and Dad, Americans love their campers.

Now the iconic symbol of middle-class success is gaining ground with a new audience: Millennials, who not only are traveling the country in them but renting the wheeled living quarters through Airbnb.

According to the Recreational Vehicle Industry Association, RV shipments saw their second-best year in 2018, with 483,672 units. Shipments were down only 4.1% from 2017’s record-setting year of 504,600 units.

Read the source article at Detroit Free Press

Yokohama revises expectations at US tire plant

Tokyo — Yokohama Rubber Co. Ltd. has scaled back production expectations for its US truck tire factory in West Point, Mississippi, due to a combination of facility- and personnel-related issues.

The $300 million (€270 million) plant, which opened in 2015 with a nameplate capacity of 1 million medium truck tires a year, was on track to produce only about half of that in 2018, Yokohama said in a stock exchange filing in late 2018.

Read the source article at European Rubber Journal

Conti earnings decline amid automotive slowdown

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Hanover, Germany — Continental Corp. has registered a 17.1% year-on-year decline in earnings on flat sales for the first quarter of 2019.

Adjusted EBITDA fell to €884 million for the first three months of the year, while sales grew 0.3% to €11 billion, Continental said in a release 26 April.

The company statement did not offer a breakdown of the business performance of its various divisions.

Read the source article at European Rubber Journal

Automotive tyre market will grow steadily: report

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Enhanced tyre performance, surging tyre production, and introduction of innovative products will fuel automotive tyre market growth. The market will grow steadily during the 2017-2022 period with the market estimated to be valued at almost $300 billion in 2019, says the latest report by Fact.MR. According to the report, the automotive tire market is projected to grow at 5.1% CAGR through 2022.

Read the source article at Rubber Asia

Bill Sweatman Retires from Marangoni, Succeeded by Clif Armstrong

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After more than 18 years with Marangoni, 16 of those as president/CEO, Bill Sweatman has announced his retirement effective May 1.

Sweatman joined Marangoni shortly after it was formed in 1998 by Jack Woodland in Walnut Creek California.

Bill explained, “I started in the tire industry in 1977 and the retreading industry in 1984.

Read the source article at Tire Review

Jaguar Land Rover planning to allow helpful car drivers to earn cryptocurrency – Reuters

(Reuters) – Jaguar Land Rover, Britain’s largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. The company is developing what it calls “smart wallet” technology to be installed in its automobiles.

Read the source article at reuters.com

Conti develops materials to remove “new-car smell”

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Hanover, Germany – Continental Corp. has developed a solution to eliminate unpleasant odour of a new car, the company announced 16 April.

ContiTech engineers in Zhangjiagang, China have developed ‘perfumed Acella’ polyurethane foams for use in applications for automotive interiors.

The technology involves integrating fragrance into a layer of the standard Acella interior surface material, the company release said.

Read the source article at European Rubber Journal

Elon Musk: Self-driving taxi fleet to hit U.S. roads next year

At an event to promote his company’s autonomous technology, Tesla CEO Elon Musk on Monday said that a fleet of self-driving taxis will be on the road as early as next year. The New York Times reported on Musk’s comments following the presentation. Musk said the self-driving “robo taxis” will be ready by the end of 2020 thanks to a new Tesla-made computer. He added the company is close to building cars that can drive themselves on any street and in nearly every situation.

Read the source article at thecarconnection.com

Speaker Spotlight: Tire and Rubber Summit 2019

TRAC’s Tire & Rubber Summit speaker lineup is here. Our 2019 program brings you a list of germane industry topics delivered by high-profile executive speakers from rubber companies, non-tire manufacturers, rubber compounders, suppliers, auxiliary businesses, and regulators.

Find out all there is to know about rubber material feedstocks, regulatory initiatives and outlook, Canadian economic outlook, and the barrage of new disruptive technologies in automotive, manufacturing and materials’ development sectors.

Speakers’ Spotlight:

Dinner Keynote (June 11)

Paul BarterManagement Consultant, Business Professor, Entrepreneur and Venture Investor 
Paul is passionate about innovation and entrepreneurship and focusses on the intersection of technology, business, employment and society in our rapidly changing world. Besides his consulting and investing activities, he supports the next generation of entrepreneurs as an Entrepreneur in Residence at the RIC Centre, a Venture Advisor at MaRS Discovery District and an MBA professor and entrepreneurship advisor at the Schulich School of Business.

Sessions (June 12)

Rubber Material Feedstocks – Supply and Demand Outlook

Our experts will present the challenges and trends affecting the supply and demand for tire industry’s core raw material feedstocks such as NR, SBR, CB, processing oils and others. Furthermore, panelists will offer insights into latest feedstocks procurement strategies relevant in today’s market environment

Dennis Corson; Senior Vice President, Sales and Operations, Alan L. Grant Polymer

Robert Rist; Regional Director, Product Management, Reinforcement Materials, Cabot Corporation

Karthika Kizhakke Vellate; Senior Procurement Analyst, Beroe Inc.

Regulatory Initiatives and Outlook

Our panelists will focus on several key regulatory initiatives relevant to rubber and tire manufacturers in Canada, and will include directives concerning Canada’s Chemical Management Plan and Canada’s Pan-Canadian Framework on Clean Growth and Climate Change. Trade also remains under scrutiny and customs compliance and programs continue to evolve to match the challenging global trade environment.

Sarah Amick; Vice President, U.S. Tire Manufacturers Association

Michael Sherbo; Director of Appeals, Dominion Customs Consultants Inc.

Pierrette LeBlanc; Senior Engineer, Office of Energy Efficiency, Natural Resources Canada

Canadian Economic Outlook

Despite global trade tensions, the global economy is not expected to stall in 2019, and the U.S. economic growth has been the main cause in propelling global growth over the past year. The Canadian economy is expected to remain solid and will also likely continue to expand. This segment will provide an overview of the key culprits that will shape the Canadian economy in the coming year.

Josh Nye; Senior Economist, Royal Bank of Canada

Driving to the Future – Part I.

New technologies have one thing in common: the surprising ways they can alter how companies reach their business goals. How will connected vehicles, advanced networks and other technologies impact the tire industry? This segment will present several technologies that are affecting the industry as we speak.

Khaled Boqaileh; Co-Founder & CEO, LabsCubed

Don Heelis, P.Eng.; Sales Manager, Cimcorp Automation Ltd.

Ross McKenzie; Managing Director, Waterloo Centre for Automotive Research

Driving to the Future – Part II.

Technology is changing industries in unprecedented ways, dramatically altering the way they understand and advance product development, manufacturing processes, and other business aspects. This segment will be a discussion of several new technologies and ideas that are informing automotive and tire industries today.

Mike Nehls; General Manager, Tire & Wheel Testing, Smithers RAPRA

Jay Spears; Director of Standards and Regulations, Continental Tire, The Americas

Eric Chaniot; Chief Digital Officer, The Michelin Group

 

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Bridgestone promotes sustainability and transparency across global tire and rubber supply chain

Bridgestone has made steady progress in implementing its Global Sustainable Procurement Policy, which outlines the company’s path to achieving the ambitious goal of using only sustainable materials in all of its products by 2050.

Through its partnership with EcoVadis, a provider of sustainability, risk and performance ratings for global supply chains, the tire maker assesses suppliers’ current sustainability practices, and looks at what support is needed to improve on this.

Read the source article at Tire Technology International