Dunlop to bring new performance all-season tyre to market

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Dunlop’s new all-season tyre will be called the Sport All Season. The Goodyear brand revealed details for the forthcoming tyre for the European market on its German website. It would be the first all-season model released under the Dunlop brand for many years, with no predecessor currently in the range to replace.

Read the source article at Tyrepress

Laufenn launch makes Hankook more holistic commercial tyre supplier

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The launch of the second-line Laufenn brand onto the European commercial vehicle tyre market has rounded out Hankook’s offer to fleet customers. Offering a second tier brand – alongside a growing retreading programme via its Alphatread range – can both allow the manufacturer a more extensive product range to cater to each customer’s entire fleet, and also allow Hankook to capitalise on the growing interest in more value-oriented products.

Read the source article at Tyrepress

Robert Mercer, Goodyear CEO during Goldsmith raid, dies at 96

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AKRON — Robert E. Mercer, who spent more than four decades working for Goodyear and is perhaps best known for fending off a hostile takeover attempt in 1986, died Aug. 28 at his home in Akron of natural causes. He was 96.

Mr. Mercer, whose career at Goodyear spanned 42 years — including six as chairman and CEO — arguably will be most remembered for leading the effort over a two-month period of 1986 to pushing back against a hostile takeover attempt by Anglo-French financier Sir James Goldsmith.

Read the source article at Tire Business

TireHub Names Auto Industry Vet as New VP of Sales

TireHub has named Ted Becker as the company’s new vice president of sales. In this role, Becker will oversee all aspects of TireHub’s selling and transfer business.

“We are proud to add Ted to our leadership team. With more than 20 years of experience, he brings a wealth of tire industry knowledge and understanding to TireHub,” said Peter Gibbons, CEO of TireHub. “His passion for people and desire to go the extra mile exemplify the Hubber commitment to saying ‘yes’ to the needs of our customers. Ted is a strong leader, and we look forward to working with him to grow our company.”

Read the source article at Tire Review

Continental Appoints New Leaders to Americas Truck Tires Business

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Continental has appointed two new leaders for its truck tires business in the Americas region. Renato Sarzano becomes head of the truck tires business for the Americas, and Shaun Uys takes leadership of the fleet-focused key account management organization in the U.S.

Read the source article at Tire Review

Cabot to Increase Prices for Rubber Carbon Black Products in North America

BOSTON – August 13, 2020 – Cabot Corporation will increase prices by $.03 per pound on all carbon black products sold by its Reinforcement Materials segment in North America, effective October 1, 2020, or as customer contracts allow.

This price increase is necessary to address the substantially increasing costs to provide reliability and supply assurance to customers as the industry rebounds from the COVID-19 crisis and experiences rising utilizations in line with long-term fundamentals. In particular, Cabot is investing in the range of $200 million for NOx and SOx reduction projects to meet US EPA requirements, with additional spending for operating expenses and ongoing sustaining and improvement projects. Cabot was the first manufacturer in the carbon black industry to reach an agreement with the EPA to minimize air emissions and is on track to meet upcoming industry deadlines in 2021 and 2022. Taken together, these expenditures and the associated price increase will enable continued quality and supply security for Cabot’s customers and sustainability benefits for its employees, customers and communities.

Read the source article at Stock Market Quotes and News

Magna Tires Picks U.S. Sales Manager

Magna Tyres Group has named Ryan Cusick the sales manager of its U.S. office. The company says Cusick will focus on brand presence, as well as Magna Tyres’ distribution network and relationships with existing and new customers. He brings with him six years of experience in the tire industry and 18 total years of sales experience.

 

Read the source article at Modern Tire Dealer

Introducing First Brands Group, Formerly TRICO Group

The renowned and established automotive replacement parts manufacturer, TRICO Group, has announced its new name: First Brands Group, along with the addition of two new brands to its growing portfolio. It is fitting that as the organisation adopts its new identity, which reflects its position as a multi-brand global player, the First Brands Group is […]

Read the source article at Global Rubber Markets News

Auto supplier Magna’s sales beat as virus-hit vehicle production rebounds – Reuters

(Reuters) – Auto parts maker Magna International Inc (MG.TO) on Friday reported better-than-expected quarterly revenue and forecast full-year sales above estimates, as vehicle production in North America showed signs of a recovery from the COVID-19 pandemic. The company said it lost about $5.5 billion in sales during the second quarter, as its customers shut production amid government-enforced lockdowns.

Read the source article at reuters.com

China July auto sales surge 16.4%, fourth month of gains – Reuters

BEIJING (Reuters) – China’s auto sales in July climbed 16.4% from a year earlier, the fourth consecutive month of gains as the world’s biggest vehicle market comes off lows hit during the country’s coronavirus lockdown. Sales rose to 2.11 million vehicles, according to data from the China Association of Automobile Manufacturers. For the year to date, sales were down 12.7% to 12.37 million vehicles.

Read the source article at reuters.com