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

curata__Mt7pFWMrcQt66Jj.png

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

TireHub Enters New Market Within First Year Of Operations

curata__AuNodVAW4MkSHrq.jpeg

TireHub, the national tire distributor cofounded by Bridgestone Americas Inc. and The Goodyear Tire & Rubber Co., recently announced that the company has opened a new TireHub Logistics Center (TLC) in Ft. Myers, Florida.

“Being able to expand into a new market within our first year of business is a milestone that we are incredibly proud of,” said Peter Gibbons, CEO of TireHub. “Ft. Myers is a perfect fit.

Read the source article at Aftermarket News

Toyoda Gosei to set up engineering, sales office in U.S.

KIYOSU, Japan—Automotive supplier Toyoda Gosei Co. Ltd. is planning to establish a satellite engineering and sales office in Dublin, Ohio, to speed up its product development process in the U.S.

The office will serve as a regional headquarters for Toyoda Gosei North America Corp., which is based in Troy, Michigan. Certain functions, including design and sales of interior products and airbags, will be relocated from TGNA’s head office in Troy to the Dublin unit, which is set for operation in July.

Read the source article at Rubber and Plastics News

GM Merger With Ford Looks More Likely

curata__BddlS7GmlqSHDwd.jpeg

Fiat Chrysler Automobiles proposed a merger with Renault that would create the world’s third-largest carmaker. The eroding economics of the industry make such deal more likely by the day. Deep trouble at Ford Motor and General Motors’ need for more heft to compete with rivals Toyota and Volkswagen make a marriage between the two largest car companies increasingly probable. 

Fiat Chrysler argues that a tie-up with Renault will lead to $5.5 billion in savings. As car sales have flattened in the United States and started to drop in China, the two largest markets in the world offer less hope for revenue improvement. Neither company has much of a sales footprint in China. Renault has none at all. Both have a strong market share in Europe, but it is one of the most competitive markets in the world. At the low end of the market, VW is the dominant force. At the high end, it is BMW and Mercedes.

Read the source article at MSN.com

Nexen strengthens tire line-up with several new additions

Nexen has added to its tire line-up with several new additions, including a winter tire for passenger cars and an off-road tire.

“With the expansion of our tire program, we continue firmly on growth, particularly in the European market,” said John Bosco Kim, chief of marketing and sales, Nexen Tire Europe. “We have strengthened the development of our SUV business and decided to make our offer in this area more attractive.”

Read the source article at Tire Technology International

Falken targets CUVs for opportunities, growth

curata__2mU8XfhvMGzETt3.jpeg

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

curata__SC4GMRuI8rT3cOM.jpeg

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

Conti pursuing another avenue of opportunity

Nearly a decade ago, the leadership at Continental Tire The Americas L.L.C. came to a difficult conclusion: The company didn’t have the product to compete for government and other national account fleet business.

Read the source article at Tire Business

Falken Tires Announces New Director of Sales

curata__XFRUJ22QZwRqPHr.jpeg

Falken Tires has announced the promotion of veteran sales executive Bob Klimm to the position of Director of Sales, Commercial Division, effective immediately.

Klimm has moved up from the position of Truck and Bus Radial (TBR) Division Manager into his new Director role for the North American market. In this position, he will be responsible for leading the company’s commercial tire growth.

Read the source article at Autosphere.ca