BFGoodrich Adds to UHP Lineup with Sport Comp-2
Michelin North America unveiled its newest BFGoodrich UHP tire – the g-Force Sport Comp-2 – yesterday at the Auto Club Speedway in Fontana, Calif. Select media were invited to put the tire through its paces in braking, wet and dry autocross and a road course, comparing the g-Force Sport Comp-2 to competing tires from Kumho,
Double Coin Sees Growth Opportunity in New JV, Passenger Tire Line
Since being installed as the chairman and head of Double Coin Holdings just a couple of years ago, Liu Xun Feng has been busy both stabilizing his fast-growing international tire company and creating new ways for it to continue growing.Long a respected and well-known name in its domestic market, Double Coin was starting to make
Ho-Ho-Ho: New Tires Make the Perfect Holiday Gift
A new survey by Hankook Tire America shows 84% of people would either like it or not mind if a loved one gave them tires for the holidays.
Nexen Suspends Michelin Collaboration Plan
Late last week, Nexen Tire Co. said it was no longer considering a hook up with Groupe Michelin. Previously, Michelin claimed that there had been no discussions toward a possible collaboration. Such rumors cropped up shortly after Michelin sold off its nearly 10% stake in Hankook Tire Co. last month. On Dec. 9, Nexen said
2011 SEMA Product Showcase
ABC Group is marketing RIMLiner, described as an impervious band that fits across the interior of a wheelSchrader introduced an additional programming option for its EZ-sensor technology. In addition to its handheld programming tool line, the Bartec TPMS Programming Accessory Device (TPMS PAD) is designed to make programming, replacing and relearning TPMS replacement sensors quick
Michelin Still Ranks Top Online, but Gap is Narrowing
The French tire giant has done it again. As in all the previous online brand equity studies produced by Tyres & Accessories in collaboration with online brand research specialists Envisional, the 2011 data once again shows that Michelin has achieved the greatest degree of online prominence. What’s different this year is that the margin has
Report: Michelin Eying Lower End of U.S. Market
Michelin plans to make inroads “into the lower end of the U.S. tire market,” a segment the tiremaker sees as being covered by Chinese tiremakers.
Michelin-Nexen Talks? Yes, No, Maybe
Chalk it up to two companies agreeing to disagree – maybe. There are now conflicting reports – even from the same media source – regarding rumors that Groupe Michelin and Nexen Tire Corp. are considering a "cooperative arrangement" of some type. One side claims Michelin has denied that it is in discussion with Nexen, while
Tire Firms Create Hungarian Association
MTI reported that a group of tiremakers has formed a trade association in Hungary. Bridgestone, Continental, Goodyear, Hankook, Michelin, Pirelli and Vredestein are said to have created the Hungarian Tire Association, and named Peter Morenth as its chief. Tiremakers in Hungary generated revenue of more than HUF 230 billion last year, and employ more than
Are Nexen and Michelin Courting?
According to reports from Asia, shares in Nexen Tire Corp. surged dramatically after the tiremaker said it had considered a "cooperative arrangement" with Groupe Michelin. Nexen stock prices rose 11% yesterday, Reuters reported. Nexen apparently offered no details about the "arrangement" or even if such is still being considered. Earlier this week, Michelin sold its