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

Pirelli launches Cyber Fleet and Cyber Gate solutions

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Pirelli has renewed its Cyber Fleet solution, launching the latest version at the 67th edition of the Hannover IAA Commercial Vehicle show. The new edition of the system focuses on two technologies – Cyber Fleet Smart and Cyber Fleet Gate. According to the company, these solutions have been designed to optimize management costs, increase safety and efficiency when it comes to tyres, reduce both vehicle downtime and CO2 emissions.

Read the source article at Tyrepress

Pirelli, Hankook bid for F1 contract; Michelin opts out

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PARIS — Pirelli Tyre and Hankook Tire Co. Ltd. have submitted bids to the Federation International de l’Automobile (FIA) to be the race tire supplier for Formula 1 racing for the 2020-23 seasons.

Read the source article at Tire Business

Tire maker Pirelli abandons Venezuela, adding to business exodus

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Pirelli, owned by Chinese state-owned firm ChemChina, said the sale to a consortium of South American entrepreneurs and the firm Sommers International would have no financial impact.

Pirelli’s plant in the city of Valencia has been closed since early last week, when about 100 of its 700 employees protested outside after finding the gates locked.

In a statement on Friday, Milan-based Pirelli said the disposal agreement called for “employment continuity.”

Read the source article at Stock Market Quotes and News

Pirelli honors 9 suppliers with quality awards

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MILAN, Italy — Pirelli & C. S.p.A. named nine suppliers recently as the recipients of its Pirelli Supplier Awards 2018, pulled from a supply chain of more than 10,000 companies.

The recipients — in the areas of raw materials, services and machinery — were chosen for their ability to support the Pirelli supply chain its goals of sustainability and excellence, according to a company news release.

Read the source article at Tire Business

Pirelli Joins United Nations Road Safety Trust Fund

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Pirelli has become the first tire company to join the United Nations Road Safety Trust Fund, pledging a contribution of $600,000 (2018-’19) to help the fund in its efforts to make a significant impact in global road safety. At the same time, Filippo Bettini, the company’s chief sustainability and risk governance officer, was nominated to have a seat on the fund’s advisory board.

Read the source article at Aftermarket News

Pirelli posts 7% profit despite lower sales

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Milan – Pirelli C & SpA has posted strong growth in earnings (adjusted EBIT before start-up costs) for the first six months of the year, despite a decline in sales.

In the six months to end of June, the Italian tire maker posted a 6.8% rise in earnings at €473.3 million compared with the same period last year.

The improvement, said Pirelli in a 7 Aug financial statement, is linked to internal levers such as price/mix and efficiencies, which “more than offset” an increase in the cost…

Read the source article at European Rubber Journal

Pirelli deploys Groove Glove technology in Middle East

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Pirelli’s Middle East tyre retail operation has adopted Groove Grove technology as a way of improving its service offer.

According to local news reports, Groove Grove was created by Tire Profiles, a partner of MAHA Maschinenbau Haldenwang GmbH & Co., the German supplier of high-end garage and vehicle inspection equipment. Using the technology, motorists can get tyre-related information, including suspension, pressure, alignment, wear and tear and replacement recommendations.

Read the source article at Tyrepress

Pirelli Targets the Hearts and Wallets of F1 Fans With Tire-Inspired Speakers

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instagram.com/DrivesWGirls Pirelli and Italian audio company Ixoost have joined forces to create what is likely the most unoriginal car-themed accessory of all times: a wireless speaker that looks like a tire. Yes, you may have already seen the popular tire wall clocks and the tire center tables, but now there’s a speaker dubbed the Pirelli P Zero Sound to accompany all the tire-inspired home and office accessories that car and racing aficionados apparently can’t get enough of.

Read the source article at thedrive.com

Michelin Dominates the Conversation Among Automotive Influencers

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In 2017 the brand that had the overwhelming share the tire conversation was Michelin with a convincing 20.15 percent of the discussion. In second was Nitto Tires with roughly half that at 11.97 percent of the conversation. The third most discussed brand at 10.76 was BFGoodrich, edging out Goodyear at 9.2 percent. Rounding out the top five is Pirelli at 8.06 percent of the conversation.

 

Read the source article at Car Reviews