Nokian Tyres has had its emissions reduction targets approved by the Science Based Targets initiative. The targets cover emissions from Nokian’s operations, and make it the first tire company to receive this approval. Commitments to reduce greenhouse gas emissions by 2030 cover scope 1 for direct emissions and scope 2 for indirect emissions from purchased energy. By 2030, Nokian is committed to reducing scope 1 and 2 emissions by 40% per ton using 2015 as a base year.
This summer drivers in Finland have been using SnapSkin, a digital tire monitoring service (TMS) from Nokian Tyres, to measure their car tires. Worryingly, results have shown that up to 13% of the vehicles examined are equipped with poor summer tires. In heavy rain, the good condition of summer tires is invaluable for safety.
Patti Renner returns to Babcox Media as editor of Tire Review. Since leaving Babcox in 1997 (former editor of Underhood Service), she owned and operated a chain of specialty retail shops, worked with small businesses on their online marketing approach, and served as VP Marketing North America for a global marketing technology company.
AKRON—Despite relatively lackluster first-half financial performances, tire makers for the most part are optimistic about their second half and fiscal 2017 earnings prospects.
AKRON —Status quo reigned over the 2017 global tire rankings, even as the estimated value of the entire industry declined for a third straight year.
AKRON — The world’s leading tire makers committed more than $7.3 billion in the past year toward new plants and capacity expansions, a measurable drop from record spending of $10 billion-plus in 2015-16 but still ahead of the annualized average for the past decade.
The investment sum was buoyed by nearly $3.3 billion in spending on acquisitions, deals that involved companies with collective annual sales of more than $2.5 billion — including Qingdao Doublestar Tire Co. Ltd.’s still-pending $830 million bid to buy what amounts to a controlling interest in South Korea’s Kumho Tire Co. Inc.
NASHVILLE, Tenn. — Tennessee state officials have approved a $28.4 million state infrastructure grant to support the construction of Nokian Tyre P.L.C.’s $360 million tire factory planned for Dayton, Tenn.
The worldwide Automotive Winter Tires Market report is an in-depth research on the current situation of the Automotive Winter Tires industry. The research study of Global Automotive Winter Tires Market 2017 offers a strategic assessment of Automotive Winter Tires market. The industry report focuses on the growth opportunities, which will help the Automotive Winter Tires industry to expand operations in the existing markets globally.
AKRON — As recently as 2013, the market for new consumer vehicles in the U.S. was split 50-50 between cars and light trucks. But low gasoline prices and new products have combined since then to spur increasing demand for bigger vehicles.
Nokian Tyres releases a new winter tire for city buses.
The new Nokian Hakkapeliitta City Bus tire is designed to endure the wear and tear of city streets, and get there on time, even on snow and slush.
“This is a full-fledged city tire with a deep, aggressive tread pattern and reinforced sidewalls”, says Teppo Siltanen, Product Manager at Nokian Heavy Tyres. “It has plenty of sturdy rubber.”
The sidewalls feature their own wear indicators. When the notches wear out, the tire needs replacing.