Aeolus and Alliance Set to Expand With Green Production, Enhanced Products
Aeolus Tyre Co. Ltd., based in Jiaozuo, Henan Province, is working hard to separate itself from what its leadership describes as the typical Chinese tiremaker stereotype. Ranked the fifth largest tire manufacturer in China in terms of sales – and the country’s top tiremaker in 2010 in terms of growth – Aeolus is a true
Finely-Focused BKT Attains Rapid Growth in Just Three Years
A few years ago, punitive tariffs sought by a U.S. tiremaker and the USW caused considerable disruption in the small/medium OTR and agricultural tire market. Then the economy went south and the U.S. dollar’s strength was sapped. Meanwhile, heavy growth in China and South America created a shortage of OTR and ag tires. Those conditions
New Radial Farm Line from Alliance
Alliance Tire Americas has rolled out the new Alliance FarmPRO R1W Radial Tractor tire line. The lineup includes more than a dozen popular deep-tread sizes for North American farm applications. “The Alliance FarmPRO line delivers the performance of R1W radial tires at a competitive price,” said James Tuschner, director of marketing for Alliance. “It’s the
Supply Issues Aside, CTA Continues Brand-Building Efforts
After a long, cold winter, there is nothing nicer than a warm, welcoming, sun-soaked destination for a tire dealer meeting. Someplace like Jamaica, for instance. Which is precisely the place Continental Tire the Americas took 290 of its Gold Dealers for the group’s annual meeting and incentive trip. And the dealers in attendance took full
In Anniversary Year, Hankook Will Continue to Gain Momentum
When it comes to beautiful locations for a meeting, Puerto Vallarta, Mexico, is hard to beat. After the year Hankook Tire America Corp. just had, holding its annual Partner Days event at Riviera Nayarit there was a real treat for the 100 or so dealers in attendance.Hankook Tire America President and COO Soo II Lee
Plant Upgrades, Management Change Ready Nexen for Next Level
Back in 2010 Nexen Tire Corp. announced plans for a one trillion won ($1.2 billion) investment in its largest factory yet in Changneyeong in the same region as its first plant (Yangsan), which along with the company’s second plant in Qingdao, China, continues to expand. Just before the start of the Chinese New Year, Tyres
Tariff Turmoil, Market Volatility Put Added Pressure on Private Brands
The private brand tire segment underwent a tumultuous 2009 as a result of the global economic downturn that affected all aspects of the tire industry, as well as the Obama Administration’s placement of heavy additional duties on passenger tires imported from China. Nearly 12 months after the three-year additional tariff on China-made tires kicked in
Nokian Sees Demand Growth Beyond Great 2Q
Net sales at Nokian Tyres rose 36.3% year-on-year during the second quarter of 2010 to 260.4 million euros, giving the Finnish tiremaker total net sales of 444.2 million euros in the current financial year – an increase of 28.1% over the first half of 2009. Operating profit for the quarter was 60.9 million euros, a
Advancing in N.A. Market Takes Products, Cooperation, Technology
As with most great adventures, the first steps are usually the hardest to take. CMA and Double Coin began marketing TBR products in North America in 1992, with container-delivered, price-driven programs. Dealers were able to use the products as profit building items to offer end-users cost alternatives. Distributors could use the products as profitable lines
Despite Tariff, China’s Sailun Continues U.S. Bid
In a bid to find out what how one of the nation’s more modern tire manufacturers has been fairing since the U.S.’s introduction of a 35% added tariff, Tyres & Accessories interviewed Chinese tiremaker Sailun Tire. Surprisingly, the company plans to continue selling a similar number of tires into the U.S., despite the hefty new