1. Articles in category: Executive News

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    1. Michelin to pursue sustainable motorsport despite Formula E exit

      Michelin motorsport director Matthieu Bonardel has given his reaction to the announcement of a changing of the guard in the world’s premier battery-powered single-seater racing series. Despite Hankook’s move to replace Michelin as Formula E tyre supplier after the 2021/2022 season, the French manufacturer continues to believe that “sporting competition and sustainable mobility are inextricably linked.” Michelin was the tyre inaugural supplier to Formula E, which began in 2014/15, and has actively shaped the series as exclusive tyre partner ever since.

      The post Michelin to pursue sustainable motorsport despite Formula E exit appeared first on Tyrepress.

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    2. Triangle Tire Hires New Senior Development Engineer

      Triangle Tire Hires New Senior Development Engineer

      Longtime tire industry engineer Brad Wurst has accepted the position of senior development engineer of A3T, the technical center for Triangle Tire in Akron.

      Wurst joins Triangle Tire from a recent post at Smithers Materials Science and Engineering. His tire engineering experience includes 20 years with Bridgestone Americas and seven years with Cooper Tire, including a one-year stint as a TBR development engineer at Cooper Tire’s Shanghai facility.

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    3. Discount Tire Celebrates 60th Anniversary With Sweepstakes

      Discount Tire Celebrates 60th Anniversary With Sweepstakes

      Discount Tire, in partnership with Michelin, is marking its 60 th anniversary with a special sweepstakes to say “thank you” to its customers. The sweepstakes kicked off July 1 and concludes on Dec. 31, 2020.

      “For 60 years, Discount Tire has focused on taking care of the customer,” said Dean Muglia, CEO of Discount Tire. “It has always been about treating them as a friend, not a transaction.

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    4. Michelin Remains the World’s Most Valuable and Strongest Tire Brand

      Michelin remains the world’s most valuable and strongest tire brand with a brand value of US$7.1 billion and a BSI score of 86.2 out of 100. Michelin is by far the strongest brand in the tire segment with an advantage of 9 BSI points over the second strongest brand in the industry, Bridgestone (up 1% to US$7.0 billion). Michelin is the thought leader in the industry, its product diversification into punctureless tires with its Uptis prototype and association with premium events and excellent performance, have helped the brand maintain its strength and status

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    5. Canadian RubberSource Launches Global Growth Initiatives

      CAMBRIDGE, ONTARIO (PRWEB) JUNE 16, 2020: RubberSource’s first growth initiative was to expand sales and warehouse facilities to support their planned growth. November 2019 marked the opening of RubberSource Europe, with a sales office in Germany and a warehouse in Poland positioned to supply Europe, Africa, Middle East, and China.

      RubberSource’s Canadian headquarters, located within 200km of 4 U.S./Canadian borders, has also expanded to serve the Americas. Soucy-Techno – Rubbersource’s manufacturing partner based in Sherbrook, Quebec – has a new, fully integrated and automated manufacturing process at their ISO 9001:2015 certified state-of-the-art manufacturing facility. Soucy-Techno has also recently expanded its warehouse to 3,300 m2 to address the increased demand. RubberSource consistently maintains 200 rolls of rubber in inventory and can manufacture any other requirements in less than 2 weeks, quite often in 3-5 business days.

      The second initiative is...

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    6. Canadian Carbon Resource Recovery’s Binding Injunction Order Against ReOil Sp. z o.o

      VANCOUVER, British Columbia, June 23, 2020 (GLOBE NEWSWIRE) -- Klean Industries Inc ("Klean") is pleased to announce that its wholly owned subsidiary Carbon Resources Recovery GmbH (“CRR”) located in Berlin, Germany has won a Final and Binding Injunction against ReOil Sp. z o.o.

      The Binding Injunction Order prohibits ReOil from conducting any commercial transactions, from disclosing, offering and / or bringing to the market any of CRR's confidential know-how and technical information on thermal treatment of used tyres by pyrolysis consisting of a device using a rotary kiln without CRR´s consent or from carrying out such actions through third parties.

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    7. Former MTD Editor Chuck Slaybaugh Has Died

      Charles Slaybaugh Jr., a former editor of Modern Tire Dealer who spent 17 years at the magazine and more than 30 years in the tire industry, has died. He was 80.

      Slaybaugh joined Modern Tire Dealer in 1964, and in August 1971 was named editor. He remained the magazine’s editor through November 1975, and was named editorial director in December 1975, a post he retained for six more years.

       

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    8. Continental Combines The Special-Purpose Tyre Segment Into A New Business Unit

      Technology company Continental is combining its global activities in the special-purpose tyre segment. Effective July 1, the business areas of ‘Commercial Specialty Tires’, ‘Two Wheel Tires’ and ‘Hoosier Racing Tire’ are combined in a new “Specialty Tires” business unit.  As a result, from now on the entire Continental specialty tyre business will be developed, manufactured […]

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    9. Michelin Germany integrates Camso sales team under Reifenwerke

      Michelin Germany integrates Camso sales team under Reifenwerke

      Camso Germany’s sales team has been integrated into Michelin Reifenwerke. The manufacturer of Camso and Solideal brand off-road tyres, wheels, tracks and chain systems is now under the umbrella of Michelin Off- and Highway Transportation (OHT). Michelin acquired the Canadian company in 2018.

      The post Michelin Germany integrates Camso sales team under Reifenwerke appeared first on Tyrepress.

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      Mentions: europe camso Michelin
    10. NAFTA replacement leaves many guessing in auto industry

      Imagine being asked to bake a cake but not being told what kind of cake you'll be baking and knowing you'll be judged on the results. You might know you need milk, eggs and flour, but whether the cake needs to be chocolate or carrot is pretty important, too, and will change what you pick up during your shopping trip.

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    11. Coronavirus tanks U.S. auto sales in the second quarter for GM, FCA

      U.S. vehicle sales in the second quarter for General Motors, Toyota Motor and Fiat Chrysler plunged by more than 30% as the coronavirus caused consumers to stay at home, and dealerships and factories to shutter. The hefty declines are in-line with what Wall Street expected. Hyundai Motor and Porsche also reported significant drops in sales between April and June compared to a year earlier. The automakers were among the first to report second-quarter sales on Wednesday.

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      Mentions: report retail sales
    12. BFGoodrich Tires celebrate 150 years of innovation and performance

      BFGoodrich Tires celebrate 150 years of innovation and performance

      BFGoodrich Tires started as a small rubber company in Akron, Ohio in 1870, and 150 years after, it became a powerhouse of innovation and performance enablement.

      During the past century and a half, BFGoodrich’s accomplishments include the first pneumatic car tire produced in the U.S., tires for the first car to drive coast to coast, tires on the historic flight of the Spirit of St. Louis, the first tubeless tires, the first radial tire in the U.S., and tires on the Columbia space shuttles.

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      Mentions: BFGoodrich
    13. Continental Tires Bundles Sustainability Activities in New Department

      ​​​​​​​Hanover, June 19, 2020. For many years now, Continental’s Tire business area has demonstrated an ongoing commitment to the area of sustainability and has now bundled all activities and projects in a newly created department under the leadership of Claus Petschick as part of its “Vision 2030” strategy program. As Head of Sustainability, he is responsible since April 1, 2020 for the strategic direction and worldwide steering of all sustainability projects, and in this role reports directly to Christian Kötz, Head of the Tire business area and Member of the Executive Board of Continental AG.

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    14. Pirelli: The Resilience of Carrère and Seabrook in the 2019 Annual Report

      Milan, 18 June 2020 - Resilience is the theme at the centre of “The Road Ahead”, the 2019 edition of the Pirelli Annual Report which, continuing the now decade long tradition, tells the company’s story going beyond the numbers alone. This year the task of enriching the report, with previously unpublished texts and illustrations, was entrusted to the great author Emmanuel Carrère, the famous non-fiction writer John Seabrook, and the visual artist Selman Hoşgör.

       

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    15. Cooper Standard announces changes to Global Leadership Team

      Cooper Standard today announced the following changes to its Global Leadership Team, effective August 1: ...

      “With Patrick, Chris and Bill in these crucial global roles, Cooper Standard is well positioned to drive our business and deliver for our stakeholders,” said Jeffrey S. Edwards, chairman and CEO, Cooper Standard. “We’re proud of the strength and capabilities of our leadership team which enables us to shift these key functions to existing internal talent while maintaining world-class service to our customers.”

       

       

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    16. Goodyear Names New President for European Consumer Business

      BRUSSELS, June 22, 2020 – The Goodyear Tire & Rubber Company today announced a new leadership appointment in its Europe, Middle East and Africa (EMEA) region. Hakan Bayman has been named president of Goodyear’s consumer tire business in Europe, effective July 1.

      Bayman will be based in Brussels and report directly to Chris Delaney, President Goodyear EMEA.

      “Hakan brings deep industry experience in both customer-facing and marketing capacities and I am enormously confident in his ability to drive value for our customers and make it easy to buy, own and recommend Goodyear tires,” said Delaney.

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    17. Menegaux: Further Michelin and Continental JVs and acquisition collaborations ‘possible’

      Menegaux: Further Michelin and Continental JVs and acquisition collaborations ‘possible’

      Michelin CEO Florent Menegaux has suggested about further collaboration with fellow leading tyre manufacturer and automotive supplier Continental. The French and German companies have cooperated on the Eurofit wheel business since the 1990s and entered into the Rubberway supply chain joint venture in September 2019.

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    18. TIA Issues Statement on ‘Invest in America Act’

      On June 3, the House Transportation and Infrastructure Committee released draft text of a five-year, $494 billion surface transportation reauthorization bill entitled the “Investing in a New Vision for the Environment and Surface Transportation in America Act” or the “INVEST in America Act.”

      The bill includes $411 billion in contract authority from the Highway Trust Fund for highway, transit, safety and research programs. $319 billion is the portion allocated for the Federal-aid highway program under the Federal Highway Administration.

       

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    19. Former Maxxis International President Returns as Chairman

      Former Maxxis International President Returns as Chairman

      Former Maxxis International President Dr. Wally Chen is leaving retirement to assume chairmanship of the company.

       

      Chen’s chairmanship was effective immediately after a vote by the company’s board of directors at a recent meeting.

      “I want Maxxis to be a positive force in the world by offering safe, sustainably manufactured, high-quality tires to consumers who know that they can count on us for 100% quality, 100% service, and 100% trust. Together, we will strive to make Maxxis an even better company and our world a better place,” Chen said.

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    20. TIA and GfK to hold webinar on COVID-19 and what’s next for tire retail

      TIA and GfK to hold webinar on COVID-19 and what’s next for tire retail

      The Tire Industry Association (TIA) and market research firm GfK US will hold a webinar about what comes next for the U.S. retail tire marketplace as the nation begins reopening from the coronavirus lockdowns.

      “Beyond the Crisis: A Roundtable on COVID-19 and What’s Next for Tire Retail,” will take place Monday, June 22, at 2 p.m. EDT. To register, go to https://insights.gfk.com/covid-19-gfk-tia-tires-webinar-2.

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    21. Cimcorp separates tyre and warehousing sales teams

      Finnish automated equipment specialists Cimcorp has separated its tyre manufacturing and warehousing/distributions sales teams due to increased demand. The new structure of system sales at Cimcorp’s headquarters, which is effective from the beginning of June, is designed to “support the company’s growth and form the basis for…continuing development”.

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    22. U.S. auto suppliers cheer as carmakers relaunch, but long-term worries remain - Reuters

      DETROIT (Reuters) - Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty. U.S. automakers reopened most assembly plants in late May after states began loosening restrictions, and stronger-than-expected retail auto sales in May have automakers ramping up production of the highly profitable trucks and SUVs consumers are buying. However, several auto suppliers interviewed by Reuters worry about demand heading into 2021. U.S. and global auto sales are not expected to recover to pre-COVID-19 crisis levels until 2022 ...

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