Titan Sees Record 1Q Sales, Profit Improvement
Titan International reported “al-time record” first quarter sales of $253.5 million, up 12% period-to-period compared to 2007’s sales of $226.3 million.
Weak Dollar, Markets Drive Down Michelin Sales
Groupe Michelin reported that its first quarter sales fell 2.6%, driven primarily by the declining value of the U.S. dollar and weak sales in certain markets.
TIA Considering Adding Retread Exhibits to TMC Show
TIA is polling its members and those of TRIB to gauge the interest in possibly adding a retreading-oriented trade show section to the Technology and Maintenance Council’s annual conference.
CTNA ‘Going Well’ Says Hippe
According to comments made by Continental AG CFO Dr. Alan Hippe, the company appears satisfied with the performance of its Continental Tire North America unit during the first financial quarter.
Yokohama Revises Annual Projections
Yokohama Rubber announced on April 25 that its projections for consolidated net sales and operating income for the fiscal year between Apr. 1, 2007 and Mar. 31, 2008 have been projected upwards.
TIA Members Can Get Free Web Pages
TIA has teamed with ASA Tire Systems to offer members free, professionally designed Web pages.
MaddenCo Adds to its Tire Dealer System
MaddenCo has introduced several enhancements to its Tire Dealer System.
Ceat to Reduce Mumbai Workforce by 25%
India’s Ceat Ltd. is said to be reducing the 2,000 strong workforce at its facility in Bhandup, Mumbai by as much as a quarter in order to reduce costs.
First Student Team in History of Le Mans to fit Yokohama Tyres
The Yokohama Rubber Co. has announced that it will support the first student team in history to compete in the 24 Hours of Le Mans race.
Sumo Firenza Increasing its European Profile
During the past 18 months or so Sumo Firenza has steadily increased its European profile through exhibiting at a number of international tyre exhibitions and introducing its flagship Sumo Firenza ST-08 pattern.
BFNAT Division Gets Cat Award
Bridgestone/Firestone North American Tire’s OTR group received a “Supplier Quality Excellence Award” from Caterpillar Inc.
New Agri/Forestry Tyre from Trelleborg
Trelleborg has recently developed and launched a new range of tyres for agricultural and forestry uses.