Hankook: Kinergy Eco ‘A New Era’
A new passenger car tire range released by Hankook Tire in Europe is one the manufacturer says heralds a "new era in the tire segment." The range is called Kinergy Eco and takes its name from kinetic energy, or energy of motion – a clear nod to the tyre’s focus on reducing rolling resistance. Hankook
Profits Slim at Titan for 2010
Titan International Inc. reported full year 2010 sales increase of 21% over 2009 results, but the company barely eked out a net profit for the year. Strong fourth quarter sales got Titan to $881.6 million in sales for 2010, up from 2009’s $727.6 million. Net income for the year, though, was $358,000. Still, that was
Extreme Make-Over Canada: Competition Presses Retailer
Canadian Tire is back in the e-commerce business, and is restarting its efforts with a focus on tires. And this renewed focus is also bringing a make-over to its in-store tire and service centers. The mega-retailer dropped e-commerce in 2008, claiming that its customers were well served by its 489-store system. At the same time,
Report: Van Tire Defects on Rise
The results of the latest effectiveness report have come to TyreSafe’s attention and the tire safety organization is not impressed with the attention U.K. van drivers are paying to their tires. The report, TyreSafe comments, shows that ‘condition of tires’ remains the most frequent prohibition defect at spot checks on light goods vehicles across the
Pirelli Chairman Leaves Libyan Investment Group
Reuters has reported that Pirelli SpA Chairman Marco Tronchetti Provera has resigned from the advisory board of the Libyan Investment Authority. The resignation, according to the report, was due to the turmoil in Libya. "The decision has been taken in the face of the tragic events that are hitting the Libyan people," a Pirelli spokesman
More Details on Planned Sumitomo China Plant
Sumitomo Rubber Industries has begun construction of its second tire plant in China. The project officially kicked off on Feb. 19 in the Xingsha industrial area in Changsha city in Hunan Province. The first phase of the tire project – estimated at $300 million – will produce 10.5 million passenger and light truck/SUV tires annually when
Goodyear India Eying Radial Truck Launch
A market study into the viability of selling Goodyear’s truck and bus radial range in India has begun, reports the Hindu Business Line. The managing director of Goodyear India, Rajeev Anand, stated on Feb. 22 that, "We are putting our TBRs into the market on a pilot basis for testing. The market study will take
Eurotire Says Plant Up and Running
New York City-based Eurotire Inc. said that its OTR tire production facility in Romania is "fully completed." "Limited production of OTR radial tires was initiated at that facility in 2010," Eurotire claimed, and "field testing and proving of the new radial tire products produced at that plant was started in earnest at that time, as
Game Maker Turns to Pirelli
Software developer Turn 10’s Forza Motorsport series has yielded many plaudits for its hyper-realistic driving simulation. But for the game’s fourth iteration, Turn 10 appears to have upped the ante, with what it terms the "most up-to-date simulation of how modern tires grip or slip in a variety of racing conditions." Tire manufacturer Pirelli has
More on Apolllo’s Eastern (Europe) Intrigue
In the last year or so conflicting reports on Apollo Tyres’ plans to set up a factory in Eastern Europe have circulated. In March 2010 it was said plans for a new plant there had been dropped in favor of a focus on expanding the former Vredestein facility in the Netherlands, while later in the