Trelleborg Aims to Increase Life, Decrease Downtime with Pit Stop Line
Trelleborg launches a new solution to help users know when a forklift tire is worn out. Trelleborg Wheel Systems launched a new solution – its Pit Stop Line – that allows users to know when a forklift tire is worn out and needs replacing. “Tires are often replaced with up to 25% of their life
Denso Sales, Income Up
Denso Corp.’s net sales, operating income and net income are up year over year for the fiscal year ending March 31. The company reported net sales totaling $39.8 billion, a 14.4% increase from the previous year. Additionally, operating income was up to $3.7 billion, a 44% increase year over year, and net income totaled $2.8
Pirelli 2013 Sales Increase But Profits Flat
Pirelli & C. SpA today reported full-year 2013 consolidated revenues of 6,146.2 million euros on Dec. 31, an increase of 1.2% from 6,071.5 million euros a year earlier. Tire revenues, which account for almost all of the company’s sales totaled 6,115.8 million euros in 2013, an increase of 1.4% from 6,031.3 million euros. Full year
Goodyear Names California Trucker as 31st Highway Hero
Goodyear Tire & Rubber Co. named Ivan Vasovic of Rancho Cucamonga, Calif., as its 31st North America Highway Hero at the Mid-America Trucking Show last week in Louisville, Ky. Vasovic rescued another trucker who had fallen from a burning tanker truck that was hanging over the side of a freeway overpass last October in Los
Bartec Increases TPMS Coverage
Bartec USA added three more programmable sensors to its roster with the recent launch of tool update 51 for its range of TPMS tools. Included in this newest update is the ability to program Alligator Sens.it, the Huf IntelliSens and the range of Cubelec sensors. Last year, Bartec added Alligator Sens.it to the Tech400SD and
Titan International Sales Increase 19% in 2013
Titan International reported increases in sales and profit for 2013. The company’s sales increased to $2,163.6 million, up 18.8% in 2013 compared to $1,820.7 million in 2012. Gross profit was $295.2 million, or 13.6% of net sales by Dec. 31, 2013 compared to $294.1 million, or 16.2% by Dec. 31, 2012. Income from operations was
Goodyear Shows Income Improvement Despite Sales Fall Off
The first six months of 2013 have not been kind to tiremakers, including Goodyear Tire & Rubber Co., which today reported a 9% drop in first half sales and a 4% fall off in tire unit sales. Despite those results, the tiremaker still turned a 16% improvement in operating income ($730 million) and $206 million
Monro Muffler Brake Sets Sales, Income Marks
Monro Muffler Brake closed out its fiscal 2012 (ended March 31) with a 7.8% increase in sales to a company record of $686.6 million. That resulted in a 16.6% increase in operating income to $91.4 million, while its net income increased 19.1% to a record $54.6 million. Robert Gross, chairman and CEO, stated, "Our fourth
Dunlop MC Tires See Price Increase
Citing rising raw materials costs, Dunlop motorcycle tire prices will increase up to 8%, effective June 1. An updated distributor price list will be circulated within the next weeks. Orders received up to and including May 31 will be invoiced at current pricing and will be price protected until June 30, the company said in
TBC Steps in to Buy Midas in $310 Million Deal
Sumitomo Corp. of America-owned TBC Corp. has entered into a deal to buy automotive service and tire retailer Midas Inc. in a deal estimated at $310 million.