Editor’s picks: 10 Tire Technology Conference presentations you can’t miss

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

Read the source article at Tire Technology International

Michelin develops winter tires for the Porsche Cayenne

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Engineers explain how they developed a bespoke version of the Michelin Pilot Alpin 5 SUV tire for the Porsche Cayenne. In any typical original equipment project, Porsche first provides a design brief, then Michelin builds prototype tires. These are tested internally at Michelin’s test grounds on wet, dry and icy surfaces. The final result is a tire that hopefully meets and exceeds the expectations.

Read the source article at Tire Technology International

Michelin shares surge after tyre maker pledges higher profits in 2019

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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.

Read the source article at Stock Market Quotes and News

Low Rolling Resistance Tires Market 2018: By Key Manufacturers Yokohama Tire Corporation, Cooper Tire & Rubber Company, Sumitomo, Continental, Hankook Tire, Pirelli, Bridgestone, Michelin, The Goodyear Tire & Rubber Company

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Global low rolling resistance tires market was valued at USD 60.5 Billion in 2017 and growing at a CAGR of 12.3% in the forecast period of 2018 and 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Segmentation: Global Low Rolling Resistance Tires Market

The global low rolling resistance tire market is segmented based on type, application, end user application and geography.

Based on type, the market is

Read the source article at openPR.com

Michelin, Goodyear put products to test in big early-season races

DAYTONA BEACH, Fla. — Long before NBC Sports clinched the deal to televise live coverage of the 57th Rolex 24 from Daytona International Speedway on Jan.

Read the source article at Tire Business

Michelin’s Jean-Dominique Senard Becomes Chairman Of Renault

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With the full backing of all participants in Michelin’s governance system, Jean-Dominique Senard, CEO of the Michelin Group, has agreed to become chairman of the board of directors of Renault, effective Jan. 24.

Media reports announced that Carlos Ghosn had resigned from the role as chairman and CEO of Renault earlier this week, amid his current financial scandal. He had been CEO of the French carmaker since 2005.

Read the source article at Tire Review

Michelin finalizes Camso purchase

Michelin has completed its acquisition of Camso under the terms released on July 12, 2018, having obtaining all of the necessary approvals for the transaction. Michelin purchased the solid tire maker for US$1.36bn.

With net sales of US$1bn, Camso has been developing OTR mobility solutions since 1982, including rubber tracks for farm equipment and snowmobiles, solid and bias tires for material handling equipment, as well as track and tire solutions for small heavy equipment.

Read the source article at Tire Technology International

Michelin buys Indonesian tyre manufacturer Multistrada

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Michelin has agreed to buy 80 per cent of PT Multistrada Arah Sarana TBK, the Indonesia-based tyre manufacturer. With a production capacity of more than 180 thousand tons (which equates to 11 million passenger car tyres, 9 million two-wheel tyres and 250 thousand truck tyres), Multistrada generated net sales of US$281 million in 2017.

Read the source article at Tyrepress

People: Hankook Europe names new TBR boss

Neu-Isenburg, Germany – Hankook Tire Europe has appointed a former Michelin executive as marketing and strategy director for its European truck & bus tire business, the Korean tiremaker announced 15 Jan.

Guy Heywood previously worked for Michelin UK and Republic of Ireland, and most recently served as commercial director, all products and service lines. Heywood left Michelin in July last year.

Read the source article at European Rubber Journal

Michelin chosen as official tire of the International Motor Sports Association

Michelin announced at the North American International Auto Show that it has been chosen as the official tire of the International Motor Sports Association (IMSA). IMSA celebrates its 50th anniversary in 2019.

“Endurance racing is woven throughout the fabric of Michelin’s history. In fact, racing has always played an active role in driving innovation and ingenuity at Michelin,” Scott Clark, Chairman and President of Michelin North America said.

Read the source article at Traction News