New Nexen South Korea Plant Under Way
Construction work on Nexen’s newest passenger and light commercial vehicle tire factory in South Korea’s Gyeongnam Province has begun following its groundbreaking ceremony on June 24. The 500,000-square-meter Changnyeong facility is being built with a 1.2 trillion won investment, and Nexen anticipates its output will boost the company’s South Korea and China total to 60
GTE: 12 Seminars Set, Exhibitor List Continues to Grow
With more than 150 companies already committed to exhibit at the upcoming Global Tire Expo, TIA has outlined a vastly expanded series of educational seminars for show attendees. The GTE in Las Vegas, Nov. 2-5, is a tires-only section of the 2010 SEMA Show, and will occupy its own space in the Las Vegas Convention
RMA Now Counting Shipment Data from Overseas Makers
Seeking to gain better insight into tire shipment activities in the U.S., the RMA has launched a program to collect data from a number of overseas tiremakers. As of now, five Chinese tiremakers and one Singapore producer have signed on for the program, and Taiwan’s Cheng Shin/Maxxis is considering joining the group. Now providing tire
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
Master Social Media to Support Your Brand
Will tire dealers become irrelevant if they don’t master social media? The imperative for dealers to develop a social media program becomes more evident every day. Hundreds of nationally known companies are supporting their brands and selling additional products and services through the strategic use of social media programs. When recently asked about change, Gen.
Language Lessons and Civic Turmoil
Chalk this up as things you didn’t know. Well, at least I didn’t know. In the midst of the nail-biting tensions between the two Koreas, it has been suggested that South Korea needs to distance itself from its confrontational and irrational sister to the north by changing its name. Michael Breen, author, foreign correspondent and
SDA Increases Florida Footprint
Miami’s South Dade Automotive has opened its third warehouse in Florida. The company’s new 49,000-square-foot warehouse is located in Pompano. The American Car Care Centers member distributor carries Goodyear, Continental, Dunlop, General, Yokohama, Falken, Hankook, Pirelli, Mastercraft, Achilles, Kelly, Sunny, Nankang and Kumho products, in addition to Remington and Jinyu truck tires.
Goodyear Joins Price Hike Trend
Goodyear Tire & Rubber Co. will increase prices on all of its consumer tires in North America by up to 6% as of June 1. This includes Goodyear, Dunlop and Kelly-Springfield brands. The company cites rising raw material and transportation costs as the reasons for the increases. Goodyear is the latest in a long list
The Strategy Behind Tire Company Price Increases
There are price increases and there are price increases. Anyone who has observed the tire market for long enough will be aware that what it says in the book and what customers pay are often two different things. Firstly, when someone like a bank says “price increases,” they are referring to the proportion of the
More Tire Price Increases Announced
Yokohama Tire Corp. and Hankook Tire America joined in on the current round of raw-material-driven tiremaker price increases. Yokohama said it would raise prices on all of its consumer tires by up to 8% effective June 1. Hankook is raising prices by up to 6% on its passenger, light truck/SUV and medium duty truck tires,