To get a better understanding of how Brexit will effect the African Tire Export Industry, check out Tire World Export’s informative blog post on the topic.
To discover 10 facts about the African Tire industry that you didn’t know about, take a look at Tire World Export’s recent listicle.
Tires that are well past their sell-by date can pose a serious danger to you and your fellow road users. Make sure you know when to replace your tires.
Tired of your tires always giving up on you? Don’t be too quick to buy a new set of wheels. Take a look at our tips for extending the life of your tires.
Giti Tire has launched its first 4x4 tire in its thriving Primewell brand endorsing the continued popularity of the SUV segment throughout Europe. The Primewell Valera SUV is being promoted as a 'quality affordable tire' for the European replacement market and is initially available in eleven sizes from 17 up to 20 inches ranging from 215/60R17 through to 275/40R20 in speed ratings V, W and Y. The new range joins Giti's road going 4x4 pattern in its Runway brand. Article source: http://www.satreads.com/
Cooper Tire Europe has agreed a multi-year deal to become sole tire supplier to the all-new FIA World Rallycross Championship presented by Monster Energy, beginning this season, as the manufacturer further underlines its position as a leader in the production and supply of rallycross tires. The agreement will see Cooper take on exclusive tire supply to the championship for the next three years, as the series takes on a truly international flavour for its inaugural season. The FIA World Rallycross Championship (World RX) will run alongside the FIA European Rallycross Championship, which will continue as a series in its own right, following a hugely successful season in 2013 under series promoter IMG Motorsport. Cooper, along with Avon Tires, is the rallycross tire of choice for competitors across the world, having supplied tires to European Rallycross Champions for the past two decades. Cooper's supremacy is thanks to its unique rallycross tire composition, which offers unrivalled levels of grip and traction on both
Yokohama Rubber Co., Ltd. and South Korea's Kumho Tire Co., Inc., a member of the Kumho Asiana Group, have signed a Memorandum of Understanding (MOU) to start discussions around technology exchanges and a capital alliance premised on cross-shareholdings. Through technology exchanges, the two companies aim to increase their competitiveness and enhance their future growth potential in the global tire market by sharing R&D resources and making more effective use of them through joint research and development on tires and related technologies. The two companies also plan to enter into a capital alliance based on cross-shareholdings. Yokohama Rubber and Kumho Tire will start discussions on the details of the alliance (including methods for obtaining each other's shares, the size of shareholdings, and the timing of the acquisition) with the aim of signing a legally binding contract as early as possible. Source: SA Treads
SA Treads European correspondent John Stone reports live from the Tire Technology Expo event 2014 which has already broken records for this annual exhibition in Cologne/Bonn, Germany. The show has proved to be the largest ever staged with 210 exhibitors showcasing their latest product innovations and the most preregistered visitors being recorded on the opening day. At a Gala Dinner the award winners will be announced for each technological category including the Tire manufacturing innovation, Environmental achievement, Tire Technology, Industry Supplier and Tire manufacturer. Source: SA TREADS
Continental Tire South Africa (CTSA) announces the appointment of Sivuyile Boqwana on the Company’s executive committee.
The attorney joined CTSA a year ago as legal compliance manager and sits on the CTSA board as company secretary. Dieter Horni, CTSA Managing Director says the continuous changes to legislation made it imperative that the executive committee includes a member that has capacity to ensure compliance in all aspects of the organisation. "We are faced with a number of legislative issues that need consideration and decision-making at an executive level," Horni adds. It is the first time in the company's 28 year history in South Africa that a woman is appointed at executive level. Boqwana takes on her new role with a wealth of experience in the automotive and tire and rubber industries. In 2007 she was appointed legal advisor at General Motors South Africa and four years later relocated to Pretoria where she worked as consumer protection act specialist at Nissan South Africa. Last year she was elected to serve on the board of the South Africa Tire Manufacturers
Earlier this week Hanover based Continental Europe released its provisional key figures for the 2013 fiscal year which revealed an EBIT margin of 11.2 per cent. This figure significantly beats the anticipated target of 10.5 per cent which was set last November. Year on year sales slightly increased from Euros 32.7 billion to 33.3 billion and Dr Elmar Degenhart, Continental's CEO states that the increased performance illustrates that the company's strong commitment to growth has been successful. He says," In the coming year we expect global production of cars (six metric tons and over) to increase by 3 million units to 85 million and Continental intends to increase its overall sales by around 5 per cent to around Euros 35 billion." Source: SATREADS