Online Tire Market Business Growth Statistics and Key Players Insights: Michelin, Bridgestone, BF Goodrich, Goodyear, Hankook

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Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.

Read the source article at openPR.com

TST on a roll with intelligent tire machinery

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TST is on a roll. Adapting to the latest revolutionary trend of Industry 4.0 in tire manufacturing, this trend-setting Chinese tire machinery major is forging ahead developing automation, intelligent and informational tire equipment and internationally advanced intelligent tire production equipment and production workshops in a bid to stay as a front runner in the global tire machinery industry

Read the source article at Rubber Asia

BKT makes its debut at Automechanika 2018

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BKT is ready to make its debut at Automechanika in Frankfurt, the world’s leading trade fair for the automotive service industry. For the first time on display are the world-renowned top-of-the-range Off-Highway tyres by BKT along with a mega dumper and a huge tractor – both made of plexiglass. “Without any doubt, the BKT booth will not pass unnoticed being it the only space hosting a giant dumper and a huge tractor that are both fully made of plexiglass.

Read the source article at Rubber Asia

Conti celebrates 20 years of Slovakian truck tire plant

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Puchov, Slovakia – Continental AG has celebrated the 20th anniversary of truck tire production at its location in Puchov, where it claims to manufacture one-third of its total truck tire volume.

The event marked Continental’s partnership with Slovakian truck tire maker Matador in 1998, which led to the formation of Continental Matador Truck Tires sro.

Read the source article at European Rubber Journal

Michelin warns of job cuts at UK plant amid cheap tires’ influx

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Dundee, Scotland – French tire maker Michelin has warned of potential job cuts at its tire production plant in Dundee amid “extremely challenging trading conditions”.

In a 10-Sept statement, Michelin said it expected the plant’s output to fall “significantly below capacity” from 6.2 million units in 2017 to a maximum of 5.4 million per year over the next three years.

The company has cited an “influx of cheap tires from Asia and falling demand for smaller premium tires” for the decline in output.

Read the source article at European Rubber Journal

People: Kumho Tire Europe appoints new president

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Lutterworth, UK – Kumho Tire Europe GmbH has appointed Kyungtai Ju as its new president, replacing Changrin Suk, who returns to Kumho’s Korean headquarters with responsibility for global sales.

The appointment came into effect 30 Aug, the tire maker said in a statement on the day.

Kyungtai Ju started his career at Kumho in 1990 and has served as country managers in Mexico, Italy and the US. Most recently, he held the position executive VP for global sales.

Read the source article at European Rubber Journal

Hankook throws its hat into the Formula 1 ring

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It’s official: Hankook Tire has submitted a tender for Formula 1 tyre supply between 2020 and 2023. In response to questions from within our publishing group, Felix Kinzer, director of corporate communications at Hankook Tire Europe, confirmed that the company submitted an application prior to the 31 August deadline.

Read the source article at Tyrepress

Falken sponsors Atlético de Madrid

Tyre brand Falken has agreed a sponsorship deal with the successful, tradition-steeped Spanish football team Club Atlético de Madrid for the 2018/19 season. The Spanish club occupies second position in the UEFA ranking, they are the current champions of the UEFA Europa League, and have just won the UEFA Super Cup in Tallin, Estonia. Falken has extended its marketing via football sponsorships across Europe in the past few years, partnering with major clubs, such as Liverpool FC in the UK .

Read the source article at Tyrepress

Nexen Tire Europe relocates HQ in Germany

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Eschborn, Germany – Nexen Tire Europe has relocated its head office in Germany and its European technical centre to a new building in Kelkheim, near Frankfurt.

The new HQ spans 11.000 square metres and has been built in 13 months, the Korean tire maker announced 5 Sept.

The office will house more than 80 Nexen employees in an open design space, where management, sales, marketing and R&D functions work together.

Read the source article at European Rubber Journal

People: Michelin announces management change

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Clermont-Ferrand, France – Groupe Michelin has announced the appointment of Pascal Couasnon as director of the mobility experience business line, effective 5 Sept.

The French tire maker said in a 4 Sept statement that that Couasnon will replace Alexandre Taisne while also maintaining the supervision over the motorsport business line which he is currently directing.

Read the source article at European Rubber Journal