Nexen Tire first half sales and operating profit were up year over year. The tiremaker reported sales of 885.9 billion won, up 0.2%, and an operating profit of 102.6 billion won, up 9.7% YoY.
Nexen also said sales of OE tires rose 39.6% YoY, while its UHP tires increased 4.8%, accounting for 38.8% of its sales.
Continental Tire executives talk about the status of the PLT tire market, the company’s strategic balance between OE and replacement tire offerings, and more.
If you could boil this year's Continental Tire GOLD member meeting into one takeaway, it's that the tire manufacturer is putting a whole lot of effort into listening and responding to its dealer base. Continental doesn't own company stores, so building a strong value proposition around the company's brands and products with its distributors and retailers is the most effective path to success. To maximize the mutual benefits of this partnership, Continental leadership says acting on the will of its dealer base – whether that's about product, programs, distribution, or anything else – is paramount.
At CES, Autel Energy showcased its suite of EV charging solutions and an electrified 1969 Ford Bronco.
Nearly all products in the Firestone family of tires have been upgraded over the past three years, and Bridgestone is on track to have all of its consumer tire portfolio across both the Bridgestone and Firestone brands either upgraded or replaced by the end of 2020.
Nokian Tyres opened its first U.S. manufacturing facility and launched numerous new products. See what’s in store for 2020.
Nexen Tire opened its North American Technology Center and debuted the Roadian GTX. Find out what’s in store for 2020.
Anyline received around $2.86 million to fund research and development of Closed Loop Training for artificial intelligence models.
In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the United States and Canada.
Zurcher previously served as COO for Best-One Tire for the past seven years.
From now until May 15, customers who purchase four qualifying Hercules Tires may be eligible to receive up to a $70 rebate.
