Bridgestone, Goodyear, Hankook, Michelin earn GM supplier honors

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DETROIT — General Motors Co. has named Bridgestone Americas Inc., Goodyear, Hankook Tire America Corp. and Michelin North America suppliers of the year for 2018.

The four tire makers are among 133 suppliers to earn the recognition, which GM presented recently in Detroit during its 27th annual Supplier of the Year awards ceremony.

GM selected suppliers from 15 countries to receive the award for going “above and beyond GM’s requirements,” providing customers with the most innovative technologies and delivering quality vehicles.

Read the source article at Tire Business

Toyoda Gosei to set up engineering, sales office in U.S.

KIYOSU, Japan—Automotive supplier Toyoda Gosei Co. Ltd. is planning to establish a satellite engineering and sales office in Dublin, Ohio, to speed up its product development process in the U.S.

The office will serve as a regional headquarters for Toyoda Gosei North America Corp., which is based in Troy, Michigan. Certain functions, including design and sales of interior products and airbags, will be relocated from TGNA’s head office in Troy to the Dublin unit, which is set for operation in July.

Read the source article at Rubber and Plastics News

Nokian Tire introduces new excavator tire: Nokian Ground Kare

Nokian Tires unveils its latest addition to its excavator and backhoe loader tire range for meadows, roads and railways, the Nokian Ground Kare.

The recent trends in earthmoving include big, multi-function machines with heavy work attachments requiring bigger load-bearing capacity from a tire. Another change is towards faster and longer road transports, which means the tires must offer good road handling properties and withstand the wear and tear of paved roads.

Read the source article at Traction News

GM Merger With Ford Looks More Likely

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Fiat Chrysler Automobiles proposed a merger with Renault that would create the world’s third-largest carmaker. The eroding economics of the industry make such deal more likely by the day. Deep trouble at Ford Motor and General Motors’ need for more heft to compete with rivals Toyota and Volkswagen make a marriage between the two largest car companies increasingly probable. 

Fiat Chrysler argues that a tie-up with Renault will lead to $5.5 billion in savings. As car sales have flattened in the United States and started to drop in China, the two largest markets in the world offer less hope for revenue improvement. Neither company has much of a sales footprint in China. Renault has none at all. Both have a strong market share in Europe, but it is one of the most competitive markets in the world. At the low end of the market, VW is the dominant force. At the high end, it is BMW and Mercedes.

Read the source article at MSN.com

Yokohama targeting pickup/SUV and CUV markets with Geolandar X-AT, X-CV

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HENDERSON, Nev. — Yokohama Tire Corp. is making a serious pitch for the pickup truck/Jeep/SUV and CUV crowds with a pair of new tires in the Geolandar product line, the X-AT extreme all-terrain and X-CV crossover/luxury SUV tire.

Read the source article at Tire Business

Nexen strengthens tire line-up with several new additions

Nexen has added to its tire line-up with several new additions, including a winter tire for passenger cars and an off-road tire.

“With the expansion of our tire program, we continue firmly on growth, particularly in the European market,” said John Bosco Kim, chief of marketing and sales, Nexen Tire Europe. “We have strengthened the development of our SUV business and decided to make our offer in this area more attractive.”

Read the source article at Tire Technology International

Maxxis launches nationwide MX-ST campaign

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Retail customers and dealers will both benefit from a new nationwide campaign that Maxxis is launching for its new Maxxcross MX-ST tyre. MX-ST buyers have the chance to win an all-expenses-paid trip to the MXGP of Italy at Imola on 18 August.

Read the source article at Tyrepress

Falken targets CUVs for opportunities, growth

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VENCE, France — With sales of crossover utility vehicles (CUVs) surging in North America, Sumitomo Rubber North America Inc. (SRNA) is evolving its Falken-brand tire lineup to serve customers in this segment more effectively.

The aim is to get a step ahead of the competition and offer tires targeted at a market segment that to date, according to Falken, is underserved by the tire industry.

Read the source article at Tire Business

U.S.-EU talks struggle, threatening a new front in trade war

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European Commission President Jean-Claude Juncker struck a Rose Garden truce meant to clear the way for negotiations to reduce tariffs on industrial goods and eliminate regulatory hurdles, those talks are showing few signs of going anywhere meaningful. European officials have blamed a Trump administration that has had little time for dealing with a bureaucracy in Brussels already held in low regard by many in the U.S. president’s orbit.

Read the source article at Automotive News Europe