Hankook Tire is expanding its passenger tire segment with the release of the KINERGY PT (H737), a premium touring all-season tire, the company’s first tire made exclusively in the U.S. at its new plant in Clarksville, Tenn. The KINERGY PT is optimized for long-distance travel, safety and driving performance through enhanced traction.
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.
Continental Tire the Americas is ending its sponsorship of the International Motor Sports Association (IMSA) at the end of the contract term in 2018. Michelin North America will serve as official sponsor of the series starting in 2019.
“The significance of this expanded partnership with Michelin, one of the world’s most recognized premium brands, cannot be overstated,” said Scott Atherton, IMSA president.
AKRON—Tire manufacturing in North America is due for a sizable boost over the coming few months as Goodyear, Hankook Tire America Corp. and Giti Tire Group commission commercial-scale production at new factories in Mexico and the U.S.
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 — 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.
Pirelli announced that it is working with Fisker Inc. to create advanced low rolling resistance tires for the new Fisker EMotion luxury electric vehicle, set to launch in late 2019.
Pirelli will develop summer P Zero tires in the following sizes for the Fisker EMotion: 285/35R24 (F) and 305/35R24 (R). The focus of this development will be on low rolling resistance, spirited handling and extra comfort due to tall sidewalls.
Yokohama Rubber announced that it has begun supplying its “Geolandar G055” as original equipment for FCA US LLC all-new Jeep Compass, which went on sale in North America in June 2017. The new Compass will come factory-equipped with 225/55R18 98H size tires. In addition, YOKOHAMA’s “Geolandar SUV” is original equipment on the Jeep Compass that the automaker launched in China in late 2016. The “Geolandar G055” is an SUV tire based on the Company’s leading-edge “BluEarth” tire technology.
Pirelli Tire North America (PTNA) has partnered with Mothers Against Drunk Driving (MADD) keep roads safe from drunk drivers.
Between Aug. 26 and Oct. 2, 2017, for every new set of Scorpion tires purchased in North America, Pirelli will give customers a $60 Visa prepaid card and will donate $5 to MADD. Pirelli will also give customers the opportunity to donate to MADD as well.
The global automotive tire socks market is expected to grow at a CAGR of around 7% during the forecast period, according to Technavio’s latest report. The global automotive tire socks market is expected to grow at a CAGR of around 7% during the forecast period, according to Technavio’s latest report. This Smart News Release features multimedia.