The Tire and Rubber Association of Canada News
Continental is the recipient of the 2019 Heavy Duty Trucking (HDT) Top 20 award for its ContioPressureCheck Solo trailer TPMS product.
Keeping the trailer system fully separate from the tractor, this stand-alone system for trailers alerts the driver of tire pressure issues in real-time through a notification light.
Edison, NJ — (SBWIRE) — 02/16/2019 — A new business intelligence report released by Advance Market Analytics with title “Global Agricultural Rubber Track Market Insights, Forecast to 2025” has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy.
Tire Technology International’s editor Matt Ross selects 10 speakers you can’t afford to miss at the upcoming Tire Technology Conference, which takes place at Tire Technology Expo Hannover, Germany, on March 5, 6, 7, 2019. Click here to view the full program and book your conference pass here.
Prof. Burkhard Wies, Continental – Physics of tire performance over lifetime: how to ensure best balance between safety and economy
By Nam Hyun-woo Hankook Tire CEO Cho Hyun-bum Domestic tiremakers were hit hard by the backpedaling in the global car market, with the top three companies each posting reduced 2018 earnings, their reports showed Friday. Hankook Tire , logged 703. 7 billion won ( $623.8 million ) in operating profit last year, down 11. 3 percent from a year earlier Sales also declined by 03 percent to 68 trillion won during the same period.
Shares in Michelin, which also reported better-than-expected results for 2018 late on Monday, were up 7.5 percent in early session trading. The stock was the best performer on France’s benchmark CAC-40 index.
“Michelin is able to sustain premium price points, while concurrently gaining market share – this is the perfect recipe for earnings growth,” analysts at Citigroup wrote in a note, keeping a “buy” rating on Michelin shares.
GRIMSBY, Ontario—Cimcorp Group has made great strides in the last two years in what it dubs its “Dream Factory” concept, which is a fully automated handling solution for tire manufacturing and distribution.
Akron, Ohio – Bridgestone Americas Inc. plans to build a dedicated racing tire plant in Akron near its technical centre, company officials have announced.
The facility will replace an existing race-tire unit in the original Firestone Tire & Rubber Co. Plant One building, said Cara Adams, chief engineer at Bridgestone Americas Motorsports.
BERLIN (Reuters) – Germany could take stakes in companies to prevent foreign takeovers in some key technology areas, Economy Minister Peter Altmaier said on Tuesday, presenting a new industrial strategy he said was necessary for the country’s cohesion. The pivot to a more defensive industrial policy is driven by German concerns about foreign – particularly Chinese – companies acquiring German know-how and eroding the manufacturing base on which much of Germany’s prosperity is built.
Goodyear announced it has acquired Weeting Tyres, a leading UK tire retail through its UK-based company, Goodyear Dunlop Tyres UK.
Hans Vrijsen, MD Consumer, Goodyear Dunlop Tyres UK Ltd said: “The acquisition of Weeting Tyres strengthens the competitive advantage of Goodyear and HiQ by creating an even stronger value proposition for its customers. Goodyear is responding in a smart way to the market conditions. It also confirms the importance of retail to Goodyear’s business.
Washington – The US International Trade Commission (ITC) has reversed its original opinion on truck and bus tires from China, voting 3-2 on 30 Jan that these imports had caused ‘material injury’ to its tire industry.
The findings, filed with the US Court of International Trade (CIT), reverse the ITC’s original ‘negative’ determination on Chinese truck and bus tires in February 2017.