BKT continues to search for a location for its U.S. plant

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BKT USA Inc. is on track to build its first manufacturing plant in the U.S., according to Minoo Mehta, president of the U.S. subsidiary of India’s Balkrishna Industries Ltd. (BKT). Mr. Mehta discussed his company’s successes as well as the challenges ahead in an interview with Tire Business.

 

Read the source article at Tire Business

Michelin North America appoints new chairman and president

Alexis Garcin has been named the next chairman and president of Michelin North America. Garcin succeeds Scott Clark, who was recently promoted to the group executive committee as executive vice president, responsible for the global passenger car and light truck business, motorsports, experiences, and regional oversight of the Americas.

Read the source article at Tire Technology International

Nexen partners with Silicone Valley accelerator to propel tire tech development

SUNNYVALE, Calif. — Nexen Tire America Inc. is partnering with Plug and Play L.L.C., a Silicon Valley-based innovation platform and startup accelerator, to help connect with up-and-coming tire and auto technology development companies.

Read the source article at Tire Business

Vipal Rubber’s Mexican partner opens new unit in Nuevo Laredo

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Vipal Rubber has celebrated the achievements and growth of one of its Monterrey network members in Mexico, Llanco. Recently the retreader opened its second unit in the country, in Nuevo Laredo, in the state of Tamaulipas.

The plant began operations in early May, with a production capacity of up to 2,200 retreads per month. With the new factory’s opening, the retreader expects an approximate growth of 50% in the first year and 100% in the second year.

Read the source article at Tire Technology International

Michelin Announces Price Increase For Commercial Tire Lines In US, Canada 

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Michelin North America Inc. has announced a price increase up to 6% for the commercial Uniroyal tire line and select off-highway products in the United States and Canada. The increases will be effective July 1, with additional details provided directly to customers.

Read the source article at Aftermarket News

Conti revamps naming scheme for commercial waste-transport tires

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FORT MILL, S.C. — Continental Tire North America Inc. is changing the nomenclature it uses for its lines of CityService commercial waste-transport tires and retreads for improved clarity.

Read the source article at Tire Business

Trump’s tariff on Mexican imports startles industry

President Trump’s announcement by Twitter last week that he was imposing a 5 percent tariff on all goods from Mexico starting June 10 set the auto industry back on its heels, pushed automotive stock market prices lower and triggered a new round of market worries.

Read the source article at Rubber and Plastics News

Bridgestone, Goodyear, Hankook, Michelin earn GM supplier honors

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DETROIT — General Motors Co. has named Bridgestone Americas Inc., Goodyear, Hankook Tire America Corp. and Michelin North America suppliers of the year for 2018.

The four tire makers are among 133 suppliers to earn the recognition, which GM presented recently in Detroit during its 27th annual Supplier of the Year awards ceremony.

GM selected suppliers from 15 countries to receive the award for going “above and beyond GM’s requirements,” providing customers with the most innovative technologies and delivering quality vehicles.

Read the source article at Tire Business

Falken targets CUVs for opportunities, growth

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VENCE, France — With sales of crossover utility vehicles (CUVs) surging in North America, Sumitomo Rubber North America Inc. (SRNA) is evolving its Falken-brand tire lineup to serve customers in this segment more effectively.

The aim is to get a step ahead of the competition and offer tires targeted at a market segment that to date, according to Falken, is underserved by the tire industry.

Read the source article at Tire Business

ATD promotes 3 execs to help speed transformation process

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HUNTERSVILLE, N.C. — American Tire Distributors Inc. has promoted three key executives in its senior leadership team in a move that will help accelerate the company’s transformation to becoming a more connected automotive solutions provider.

Read the source article at Tire Business