Watts Chief warns on Rubber Costs, Tire Pricing
Watts Tyre Group CEO Jean-Paul Mindermann, in discussing ever rising raw material costs, warned forklift truck manufacturers that tire prices will continue to rise and that they must learn to adapt.
ASA Offering Prescription Drug Program to Members
Automotive Service Association (ASA) has added a new member benefit – a prescription drug discount program through Sunergeo Inc.
Zurich Sets Industry Specialization Program
Zurich Financial Services Group has launched its Global Industry Specialization Program, which was developed to “better leverage its existing knowledge base and expertise in general insurance and to further expand its risk insights into specific industry sectors,” according to the company.
New Legislation May Benefit Fast Fit Operators
Although not given the sort of media attention reserved for terror threats or Britney’s latest escapade, a piece of legislation coming into effect on Apr. 6 stands to affect the lives of many throughout the U.K.
Training Dates Set
The Illinois/Indiana Tire Dealers Association has scheduled ATS/TPMS and CTS training for the upcoming spring months.
Pirelli Signs Research Agreement
On February 22 the Pirelli Group signed an agreement to collaborate with Italy’s Piedmont Region, Turin Province, the Municipality of Settimo Torinese and the Politecnico di Torino University in the development of programmes for research and innovation; specifically, the agreement covered the building of a new Pirelli industrial complex in the territory of Settimo Torinese.
Tyre Majors Show Interest in India Production
A number of global tyre majors are making their presence felt in India’s tyre market, a market valued by the Business Standard financial newspaper at Rs 190 billion (≤2.44 billion).
Pneu-Logic Plans for Expansion into the U.S. Market
The U.K.-based subsidiary of Advanced ID Corporation, Pneu-Logic Ltd., has ventured further into the tyre industry through its signing of an initial contract to supply data capture tools to French firm Electronic Data Process (EDP).
Michelin Invests $6.8 Million to Improve Fuel Economy
Michelin is investing $6.8 million in a research and development project focused on further improving vehicle fuel economy by reducing tire rolling resistance.
Par Logistics and Advantage PressurePro Announce Real Time TPMS
Par Logistics Management Systems, a subsidiary of Par Technology, along with Advantage PressurePro LLC, are pleased to announce the introduction of the first real time tire pressure management system for the transportation industry.