Tiremakers See Broad Global Growth in June
Figures released by Pirelli and Groupe Michelin show growth in on-road tire markets across all global regions during June. The tiremakers estimated growth in Europe’s OE passenger car tire market to be 9% and 8.9% during the month, with year to date growth in this segment given as 22% and 25.2%. For the European replacement
Global Tire Market Continues Growth: Pirelli
Information supplied by Pirelli SpA indicates continued year-on-year growth in European OE and replacement sectors for both passenger and commercial vehicle tires. During May 2010 the OE and replacement passenger markets in Europe grew 9% and 14%, respectively, the tiremaker estimates, bringing year-to-date growth to 28% and 11%. For the commercial vehicle market, Pirelli estimates
Colony Tire Adds Royal 4 to Warehouses
Edenton, N.C.-based Colony Tire has selected Royal 4 Systems to help streamline its warehouse operations. After months evaluating different options, Colony Tire chose Royal 4’s WISE warehouse management system for its three distribution centers. Colony Tire plans on being live at its main distribution center within the next 90 days with the others on line
Conti: 32% European OE Share in 2009
Despite what it describes as a "severely deteriorating market," Continental AG reports that over the last year its OE passenger car tire marketshare within the European Union remained unchanged. With a production figure of 24.4 million units, Continental was able to maintain its OE marketshare of 32%, and new OE supplies have been arranged with,
Royal 4, ASA Tire Systems Cooperation Improves Dealer Options
When Englewood Tire Distributors Inc. needed a warehouse management software system that would work with its existing software, like any dealer they shopped around. What they found is that many companies offer such products, but there was really no way to determine which would be the best fit. So Englewood went to ASA Tire Systems
Pirelli to Invest $100 Million More in Brazil, Latin America
Worldwide, Pirelli anticipates its specialized tire segment to expand a total of 7.5% over the next three years, and growth in Latin America and particularly Brazil is expected to be far stronger. The Italian manufacturer estimates sales of construction, digging and mining vehicle tires in these two markets to increase by 25% and 37%, respectively,
Brazil to Receive US$200 Million Pirelli Investments
This year Pirelli celebrates 80 years of doing business in Brazil.
Continental Increases its European OE Market Share
During 2008, Continental’s market share of the European original equipment market is said to have increased from 30% to more than 32%.
Hamburg Distribution Centre Offers Vipal Further Opportunities
When Brazil-based retreading materials supplier Borrachas Vipal boosted its European market presence in 2005 with the opening of its first distribution centre, the company’s goal was to be one of the largest suppliers of tyre retreading and repair material on the continent, a brand recognised for the quality of its products.
Vipal Opens New Warehouse in Hamburg
Less than three weeks before the Essen show, Brazilian retreading material supplier Borrachas Vipal demonstrated just how much the company developed its export business.