BFGoodrich introduces new farm implement tire: the Implement Control

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BFGoodrich commercial tires has launched a new long-wearing, robust agricultural implement tire – the BFGoodrich Implement Control to help American farmers protect soil quality and maximize yields.

Entirely American made, the tire is designed for pull-behind farming implements and tillage applications to handle heavy loads.

Read the source article at Traction News

Continental’s Vitesco expects margins to take a hit from electric shift – Reuters

REGENSBURG, Germany (Reuters) – Vitesco, the powertrain division of auto supplier Continental (CONG.DE), faces margin pressure as it shifts its business beyond combustion engines, which make up 90% of revenues, to capture growth from electromobility, Chief Executive Andreas Wolf said. “Electrification is a huge change for the company but also a massive opportunity,” Wolf told Reuters in an interview.

Read the source article at reuters.com

Dean Muglia named CEO of Discount Tire

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SCOTTSDALE, Ariz. — Reinalt-Thomas Corp. has promoted 31-year company veteran Dean Muglia to CEO of Discount Tire/America’s Tire, succeeding Michael Zuieback, who retains the role of executive chairman for the company.

Read the source article at Tire Business

Tire recycling talk will increase in 2020

WASHINGTON — Scrap tire recycling continues to be one of the most important issues facing the industry, as signified by the recent call to action by the U.S. Tire Manufacturers Association (USTMA) to all affected parties to intensify the development of new sustainable, circular end-use markets for scrap tires.

Read the source article at Tire Business

TRAC’s New Video Series Will Teach Drivers About All Things Tire

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TRAC and our consumer education initiative Be Tire Smart Canada launch a new video series that will continue to educate Canadian drivers about all things tire. We are creating these videos to guide drivers through the entire tire ownership and user journey, and underscoring the importance of tire maintenance and how it relates to safe driving.

Our goal is to encourage Canadian motorists to adopt good tire maintenance practices that will maximize the life span of tires, increase fuel efficiency, and keep our roads safer.

Our first two videos (available in English and French) educate drivers about tire options for winter driving, and the advantages of winter tires on cold Canadian roads.

Read the source article at Be Tire Smart

Sumitomo Rubber sets up rubber procurement company

After considering a number of factors, such as a changing business environment as well as growing awareness of human rights and environmental considerations, Sumitomo Rubber Group has established its own local organisation for procuring natural rubber. It has done so via its member company Sumitomo Rubber Industries, which this month set up Sumitomo Rubber Singapore Pte. Ltd. This entity, located in the world’s largest natural rubber trading hub, will commence operations in April.

Read the source article at Tyrepress

Bridgestone Connected Tire Concept Claimed to Make You Safer

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If there was still any doubt that the CES technology show has turned, at least partly, into a big automotive show, Bridgestone provides an answer. For 2020, the tire company is participating in CES for the first time ever, and it’s bringing the appropriate kind of advanced tires to justify attendance. Bridgestone is showing off two kinds of tire technology at CES: a sensor-filled connected smart tire (pictured above) and ideas for airless tires.

Read the source article at Car Reviews

Magna expects lower 2020 sales, ends Lyft partnership

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While Magna International Inc. anticipates growth to 2022 it does expect sales this year to fall compared with 2019 due to a variety of factors. In its , the Canadian auto supply giant said the stronger U.S. dollar, the sale of its fluid pressure and controls business and lower expected light vehicle production in Europe will all contribute to lower sales in 2020. The company says it expects total sales between $38 billion and $40 billion this year.

Read the source article at Front Page

Tire makers shuffle executive positions in 2019

Here are some of the top-level executive changes that occurred in the tire and automotive service industries during the past year:

Alliance Tire Americas Inc. 

  • Laurence Bennett hired as vice president of aftermarket sales…

Read the source article at Tire Business

Goodyear declares dividend on common stock

Directors of The Goodyear Tire & Rubber Company have declared a quarterly dividend of US$0.16 per share of common stock. The dividend is payable 2 March 2020 to shareholders of record on 3 February 2020. The payout represents an annual rate of 64 cents per share.

Read the source article at Tyrepress