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Les Schwab Settles EEOC Claim for $2 Million
March 12, 2010
Les Schwab Tire Centers has settled a four-year-old EEOC claim that it refused to hire otherwise qualified women who sought jobs as tire techs.
Reports said that Schwab agreed to pay $2 million in the settlement with the U.S. Equal Employment Opportunity Commission. The EEOC sued the tire dealership on behalf of the women in U.S. District Court in Seattle.
The EEOC said that some 200 women, who...
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Toyo Picks Shimizu to Replace Retiring Yoshimoto in North America
March 12, 2010
With Masaharu Yoshimoto announcing his Mar. 31 retirement as president of Toyo Tire Holdings of Americas Inc., the company has named Takashi Shimizu to take that post as of Apr. 1.
Toyo Tire Holdings is the parent company for the tiremaker's sales and manufacturing operations in North America.
During his 38-year career with Toyo, Yoshimoto served in numerous capacities around the world. In...
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New Retread/Repair RP Now Available
March 12, 2010
TRIB announced that it is offering the latest version of Industry Recommended Practices for Tire Retreading & Tire Repairing.
The document is available as a hard copy (for $325 for non-members, $75 for members), in a CD-ROM ($315 for non-members, $65 for members) or as a digital download ($300 for non-members, $50 for members).
Digital copies may be obtained via download or CD, and are fully...
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Infinity Aims For Fast Growth With 'Premium Budget' Strategy
March 12, 2010
When Al-Dobowi Group executives Surrender Singh Kandhari and his son Harjeev Singh Kandhari founded Infinity tires six years ago, they probably didn't envisage how quickly their ambitious plans would come to fruition.
What began with a series of informal meetings with key employees and potential suppliers in 2004 has since grown into an international exclusive/private brand operation present in...
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Kumho Goes Social With New Marketing Push
March 12, 2010
Kumho Tire USA said it plans to boost its social networking efforts this year as part of its overall marketing program.
The tiremaker said it would use Facebook, Twitter and YouTube "to reach current and future Kumho enthusiasts."
"Many of our loyal fans are already active users of Facebook and other social media sites so it was just a natural extension for Kumho to join and be a...
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Indian Production Grows 16%
March 12, 2010
Tire production in India increased 16% during the first 10 months of the current financial year, the Hindu Business Line reports.
Quoting figures released by the national Automotive Tyre Manufacturers Association (ATMA), the financial daily said 79.2 million tires were produced during the period, up from 68.4 million during the April to January period of the previous financial year.
In the...
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Brityrex Draws Attention of China Tiremaker
March 12, 2010
More exhibitors from across the aftermarket have signed up for October's Brityrex International exhibition, with familiar names and new brands seeking to capitalize on the potential offered by a post-recession tire and equipment marketplace.
Among the latest names to be confirmed by show organiser ECI International are battery specialist Manbat, Chinese tiremaker Guizhou Tyre Co and a strong hand...
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Bridgestone Europe Rated a Top Employer
March 12, 2010
The CRF Institute, an independent research organization specialized in labor conditions, has certified the Brussels-based Bridgestone Europe a "top employer" in its 2010 ranking.
According to CRF, Bridgestone’s most outstanding employer attributes are its internal promotion policy and the training it provides.
As Bridgestone explains, the CRF Institute only issues its Top Employer...
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Daewoo Sale Helps Kumho Restructuring Plan
March 12, 2010
The Kumho Asiana Group is one step closer to untying its financial knots as the financial investors of Daewoo Engineering and Construction accepted the terms for selling their share in the company.
This leaves the path clear for Kumho Asiana to continue its restructuring plans a step further without losing Kumho Industrial to court receivership.
Kumho acquired a 72.1% stake in Daewoo Engineering...
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Babcox Memorial Scholarship Applications Open
March 12, 2010
The Automotive Management Institute (AMI) is accepting applications for the annual $1,000 Tom B. Babcox Memorial Scholarship.
AMI’s resource development effort EXCEL, in conjunction with Babcox Publications, established the scholarship, which is awarded to an Automotive Service Association (ASA) Mechanical Division member who strives to be, or is presently working, in a management capac...
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Aufine Bumping Prices 5%
March 12, 2010
China tiremaker Aufine Group has announced plans to execute a 5% price increase "for all the shipments from Apr. 1" because of the increasing cost of production materials, especially rubber.
Writing in a customer newsletter, company representatives explained that price has been "soaring highly within the past several months. Most of the Chinese manufacturers are under such great pressure...
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RUD-Erlau to Display Tire Protection Technology at Show
March 12, 2010
RUD-Erlau, purportedly the inventor of the tire protection chains, is to show it most advanced technology at this year's Bauma show in Munich on Apr. 19-25.
According to the company, the chains are more than doubling the mileage of costly OTR tires and aiding mobile plant safety in mines, quarries, steel foundries, demolition, scrap handling and glass recycling. Furthermore, the cost-benefits of...
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Continental Named Best in Mod Mag
March 12, 2010
Continental Tyre was highly commended in the 2010 awards issue of the U.K.'s top modified car magazine, Fast Car.
Announced in this month's magazine, the brand impressed the judges with its emphasis on safety.
The awards highlight exceptional performance, quality, originality, desirability and value. They are seen within the modified arena as a stamp of approval offering motoring enthusiasts...
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Falken's Next Gen Street/Track Tire
March 11, 2010
Falken Tire Corp. introduced the latest generation of its Azenis high performance line, the Azenis RT-615K.
The updated Azenis RT-615 features an “advanced motorsports-grade” tread compound for improved grip, Falken said, which “allows for increased entry and exit speeds on the track, resulting in improved lap times, as well as better handling and control on city streets and...
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Solar Car Students Get Boost from Yokohama
March 11, 2010
Yokohama Tire (Canada) Inc. is helping a team of student engineers who are working on making solar-powered cars practical for everyday use.
The Sunstang solar car program at the University of Western Ontario is receiving financial sponsorship from Yokohama as they develop a new car design.
According to Geoff Gauthier, project manager for the Sunstang, the car isn’t being developed for...
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Apollo Tyres Co-Hosts First Indian CV Awards
March 11, 2010
In association with CV, a commercial vehicle themed magazine for the Indian market, Apollo Tyres has held the first dedicated awards for the commercial vehicle segment in India – the Apollo-CV Awards 2010.
The awards ceremony took place on Mar. 8, and a total of 23 awards were conferred upon vehicle and ancillary component manufacturers.
The evening saw Tata Motors walk away with the two...
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Tire Rack Upgrades Consumer Site
March 11, 2010
The Tire Rack has made a major enhancement to its TireRack.com consumer tire and wheel sales Web site.
The enhancement is “designed to make the tire buying experience even faster, easier and more efficient,” Tire Rack said, by allowing easier access to TireRack.com’s three consumer tire research pages: Surveys, Reviews and Tests. Users can now see all three areas at the same...
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Even With Slight Sales Drop, Pirelli Posts 2009 Profits
March 11, 2010
Pirelli SpA's Pirelli Tyre unit attained revenues of 3,992.9 million euros during 2009, a 2.6% reduction on a year earlier.
But despite this slight decrease, sales in the fourth quarter leapt 18.7% – an organic growth of 13.9% – to 1,034.3 million euros.
In the fourth quarter, EBITDA before restructuring charges stood at 155.2 million euros compared with 62.9 million euros in the ...
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Lanxess Considering Brazil Retreading Rubber Production
March 11, 2010
Some 18 million truck and bus tires are said to be retreaded in North America each year and a further nine million in South America.
To meet growing demand for the raw materials used in retreading both within the region and worldwide, Lanxess’s Performance Butadiene Rubbers (PBR) business unit is “considering the possibility” of manufacturing ESBR-BMB (emulsion styrene-butadiene...
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Conti Looking at Tire Price Increases
March 11, 2010
Speaking to the German automotive publication Automobilwoche, the head of Continental AG's Passenger Car Tire division, Nikolai Setzer, indicated that price rises are pending.
Although exact price adjustments will vary from market to market, he said “the increases are expected to be in the vicinity of 3% to 5%.”
Setzer also stated that he expects European markets to remain flat...
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