Moving Target: Dealers Need Sure Footing to Take Accurate Aim in New Tire World
There’s a growing phenomenon imposing its will on the tire industry these days. It’s called “global warming,” but it has nothing to do with the weather. It has everything to do with “warming up” to imports and overseas suppliers. North American tire dealers – retail and commercial – have certainly seen their brand options increase
Dunlop India to Make OTR, LCV, Truck Tyres Initially
(India/Rubber Asia) Dunlop India Limited, which will restart its operations at its facilities at Ambattur, Tamil Nadu, and Sahagunj, West Bengal, plans to focus on stabilising production of its existing range comprising light commercial vehicle tyres and truck tyres at Ambattur.
Tiremakers Compete for Chinese Market
(Akron/Tire Review – China People’s Daily) The biggest project to be invested in by a business from the Republic of Korea in Northeast China’s Jilin Province has begun construction in the Changchun High-tech Industrial Development Zone, according to the province’s department of commerce.
Falcon Tyres Posts 300% Growth in Profit
(Clacton, U.K./Tyres & Accessories) Falcon Tyres Ltd. has recorded a 300% increase in net profit since it was bought by the Indian Ruia group.
India Struggles With Tire Exports
(Akron/Tire Review – Financial Times of India) In 2001, Ford had to recall 50,000 brand new Explorers to replace Goodyear and Michelin tyres that were suspected to have been damaged on the assembly line conveyor belt.
CHINA: Dealers, Tiremakers Are Capitalizing, But Economic Revolution Has Issues
Today’s China-made tires may well carry the names Michelin, Bridgestone, Goodyear or that of other majors and are produced using the same technology, processes and stringent quality standards of those well-known global brands. Only they are being produced for pennies on the dollar.My, how times have changed.
Focus on Basics: Hercules Charts a New Course, Remains Committed to Dealers
Fifty-two years ago, a group of 21 retreaders got together to create their own supply program, focused on their specific needs. Retreading is no longer part of the equation, but Hercules Tire & Rubber Co. – with 39 shareholder dealers – remains focused on meeting dealer needs. Since selling its retreading business to Cooper Tire
Industry Report
RMA Cuts Support After Court Ruling Hopes for a tire industry checkoff program were dealt a couple of significant ®€“ potentially fatal ®€“ blows in late February after yet another court ruled that a popular checkoff program’s consumer education effort was unconstitutional, and the RMA withdrew support for the proposed program.
Growing Up Fast: Focus on Hot Segments Helps Federal Build N.A. Business
Federal Tire President Jamie Ma is only 29 years old, but he has been relentless in working to build up the company his grandfather started in Taiwan almost a half century ago. Ma, who joined Federal in 1998, majored in accounting and finance at the University of California at Berkeley. Federal has expanded its distribution
Industry Report
Making the GradeMichelin to Start Grading and Rating Its Truck Tire Dealers