Investment Bottleneck in Russian Tyre Industry
(Clacton, U.K./Tyres & Accessories) Investors have ploughed hundreds of millions of euros into the Russian tyre industry in recent years, of which the largest part has been invested in machinery and equipment.
Vredestein Gets High Marks in Wet Tests
(Akron/Tire Review) Vredestein Hi-Trac performance tires bested other brands in independent tests conducted by Sweden’s Aftonbladet–Bil and AutomotorSport magazines, by Norway’s VG and Motor magazines, by Finland’s Tekniikan Maailma publication and by Russia’s automotive newspaper Avtoreview.
Nizhnekamskshina Slows Production Due to Rubber Cost
(Clacton, U.K./Tyres & Accessories) During January and February of 2006, JSC Nizhnekamskshina produced 100,000 less tyres than planned.
Continental Shares Against the Trend
(Clacton, U.K./Tyres & Accessories) Last week, Continental AG shares reached a new high of 86.51 euros, while the competitors Toyo (-7%), Yokohama (-6%) and Nokian (-5%) lost ground.
Successful Debut For IQPC Intelligent Tire Technology Conference
(Clacton, U.K./Tyres & Accessories) At the end of last year the International Quality & Productivity Center (IQPC) organised its first conference dedicated to tyre related topics.
Breaking Out: Russia’s Largest Automotive Show Quite an Interesting Affair
Russia’s Largest Automotive Show Quite an Interesting Affair
Secrets of Winter Tires
Ordinarily used in the same sentence with cooking oils, canola has found a new niche at Nokian Tyre’s winter tire plant in Finland. That’s where the "low-sat-fat" oil is mixed into Nokian Hakkapeliitta winter tire tread compounds. "It increases the tear resistance of rubber and improves the tire’s grip in winter and wet conditions," says
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.
Industry Report
Reports Say Georgia Site of Planned Toyo PlantIt’s existing capacity stretched to the limit, Toyo Tire & Rubber Co. took a giant step forward, announcing on Feb. 17 plans for a new $150-million passenger and light truck/SUV tire plant that would come on stream in 2006. News reports out of Atlanta in early February indicated the company received approval to build the plant in Bartow County, Ga., about 60 miles north of Atlanta. Toyo said the plant would have the capacity to produce two million consumer tires per year.
Industry Report
Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.