Reporter’s notebook: Be warned: US$25 Oil is coming, and along with it, a new world order

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The world as we know it, will be no longer. The balance of power on a global scale will shift. All in the next decade. Sounds dramatic right? But independent think tank RethinkX believes it to be true, because of rapid advances in technology, and specifically the advent of self-drive or autonomous cars.

 

Read the source article at cnbc.com

Bridgestone signs Arla fleet deal

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Birmingham, UK –  Bridgestone has extended a fleet agreement with Arla Foods, a 13,500-strong dairy farmer cooperative, based in the UK.

The renewal, which runs up to 2020, covers a range of tires and an ‘holistic’ tire care offering, said a press release issued 23 May.

The deal was closed during at the recent Commercial Vehicle Show, 25-27 April in Birmingham, UK, the tire company added.

Read the source article at European Rubber Journal

Bridgestone completes acquisition of French tire retailer

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Brussels – Bridgestone EMEA has completed the previously-announced acquisition of French tire retailer Groupe Ayme, the Japanese tire maker announced 17th of May.

The acquisition will add 104 points of sale for Bridgestone in France under the “Côté Route” brand. This will expand Bridgestone’s French retail network, consisting of First Stop, Speedy and Côté Route, to over 900 outlets.

Read the source article at European Rubber Journal

Goodyear becomes uniform sponsor to NBA’s Cleveland Cavaliers

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The uniforms of Cavaliers players – pictured here is Kyrie Irving – will feature Goodyear’s Wingfoot logo.

The Cleveland Cavaliers, currently the defending champions in the USA’s National Basketball Association, hail from the state in which The Goodyear Tire & Rubber Company is based. And upon entering into a multiyear sponsorship agreement with the Cavaliers, the Ohio-based tyre maker spoke of “home-state pride.” The deal, announced yesterday at the Cavaliers’ home arena, will see the Goodyear Wingfoot logo appear on player uniforms from the 2017-18 season. In addition, Goodyear will collaborate with Turner Sports, a national broadcaster of the NBA, to develop custom branded content and advertising on TNT and other platforms.

Read the source article at Tyrepress

Triangle opening first US warehouse

Triangle Tire USA is opening its first US warehouse in Madison, Tennessee to supply off-the-road (OTR), medium and heavy truck as well as passenger and light truck tyres to its distributors and dealers. The 53,000 square-foot facility allows for future expansion, according to Triangle.

Read the source article at Tyrepress

Tire Cord and Tire Fabrics Market: Latest Trends,Analysis & Insights 2023

With only a few companies raking in the highest revenues, the global tire cord and tire fabrics market exhibits a consolidated vendor landscape, observes Transparency Market Research (TMR) in a new report. Small players operating in the market pose considerable threat to the leading players, as they provide cheaper alternatives to products manufactured by bigger companies. Nevertheless, large players usually capitalize on supply agreements and their goodwill in the market.

Read the source article at Press releases

Next-generation Firestone off-road tire debuts

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ORANGE, Va. — Bridgestone Americas Inc. has set its sights on grabbing a larger share of the mud and off-road tire market with the introduction of the Firestone Destination M/T2, a next-generation tire for four-wheel drive vehicles, pickup trucks and sport utility vehicles.

The Destination M/T2 tire features a new tread compound and aggressive tread design for use in demanding off-road conditions, the company said.

Bridgestone unveiled the new tire —the successor to the 15-year-old Firestone Destination M/T — at a ride-and-drive event coordinated by Overland Experts for tire dealers and tire journalists May 8-11 on an 8,600 acre tract in Orange. Attendees put the tires to the test on trails that included creek beds, deep mud and rocks.

Read the source article at Tire Business

Japan’s automakers scramble to fill truck gap

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TOKYO — Stung by lower profits and softening sales, Japan’s automakers are scrambling to produce more of the only vehicles that seem to sell these days: crossovers, pickups and SUVs. Virtually every company — from Japanese juggernaut Toyota to Mazda and Mitsubishi — amplified plans to tilt lineups more toward light trucks and, in some cases, even introduce new nameplates in the segment.

Read the source article at Front Page

Nokian Tyres: Net sales and profit up in Q1 2017

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Net sales were up at Nokian Tyres in the first quarter of 2017 as was, despite increased raw material costs, net profit. Andrei Pantioukhov, the tyre maker’s interim president and chief executive officer, declared that Nokian Tyres “had a strong start of the year” and “demonstrated strong performance in all our main market areas.”

Read the source article at Tyrepress

Hankook Hires New Director of Corporate Sales

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Jim Sicking has joined Hankook Tire America Corp. as its director of corporate sales.

“James possesses a strong blend of sales experience and industry knowledge,” said Hee-se Ahn, Hankook Tire America Corp. president. “We are eager to welcome him to our growing team.”

Sicking has nearly three decades of sales experience in the automotive industry. Prior to joining Hankook, Sicking worked at Continental Tire the Americas, Phillips Industries, Workhorse Group and MGM Brakes.

Read the source article at Tire Review