World tire giants one after another recently published report in the first half of this year, show the world tire industry experienced a severe financial crisis last year, has been out of the doldrums, sales revenues and profits generally the same pace. In addition to the world's top ten tire giant Goodyear small losses, all profits and a relatively large increase over the previous year. Meanwhile, the company optimistic about the second half of the tire industry in general market trends, market expectations raised in the second half, and a new round of expansion wave.
The world's three major tire giant Bridgestone first tier financial situation completely changed. Bridgestone first half of the number one sales up 15% over last year, sales reached 44.5 billion yen net profit, compared Bridgestone deficit of 39.3 billion yen. Michelin ranked second in the first half revenue growth of 17% over last year, reaching 10.3 billion U.S. dollars, net profit exceeded expectations, reaching 618.5 million U.S. dollars, while last year's first half loss of 172.4 million U.S. dollars, operating profit margin from the same period last year 4% to 9.8%. Goodyear ranked third in the first half losses of the Group is also reduced by 30 times over last year.
The world's second-tier continental tires, Pirelli, and all profits and higher growth. Continental profit of 158 million U.S. dollars, while the loss of 190 million U.S. dollars last year. Italian Pirelli Group, the financial division by the subsidiary, but still achieve the increase in net profit, operating income increased by two thirds. Japan's Sumitomo Rubber sales increased 22.2% to reach 3.07 billion U.S. dollars, profit reached 114 million U.S. dollars. Hankook Tire sales and both achieved double-digit operating profit growth. Solid Platinum U.S. sales grew 29.5%, reaching 1.56 billion U.S. dollars, by the loss of 34.2 million U.S. dollars last year into a profit of 55.7 million U.S. dollars. Kumho Tire sales grew 25.8% to 1.05 billion, from last year's loss to a profit of 64.4 million U.S. dollars.
World tire third tier (ranked 10 after) Japan so most profitable, but the level varied. In 2009, China entered the world top 75 tire companies are all profitable.
Tags: globaltire Truck tire tyre PCR
Run flat tyres are not only a innovative way to keep on driving in the cases of tyre failure but, they are also a vital part of the suspension system and handling capabilities of a car which has been designed around run flat tyre technology. If a non run flat tyre is fitted on such a car, these very important components then become significantly impaired. This increases the chances of the driver being involved in an accident.
Over the years there have been numerous leaflets handed out to garages and retailers from the National Tyre Distribution Association (NTDA) explaining that in certain cases and on certain vehicles run flat rims are specifically designed to only work with run flat tyres.
It is not only the car manufacturers that see this new law as a bad thing. Autoexpress.co.uk have quoted Vanessa Guyll, technical specialist at The AA, as saying, "It will increase costs. And if you have to replace a tyre then the system will need to be reset, and you’ll have to buy a new valve sensor.”
The autoexpress.co.uk article also has Vanessa Guyll going on to question the safety aspects of the TPMS. She said, “They’re good in principle but they’re not a replacement for regularly checking your tyres. They don’t catch problems such as uneven wear and bulges.”
Jeremy Harris, owner of Harris Automotive & Tire in Wentzville, will host the meeting of dealers from nine states and one Canadian province who are expected to attend, according to DSP.
“I have heard a lot of good things about the 20 group facilitated by DSP,” Harris said in a DSP statement. “Business today is very challenging and by meeting with my peers from all over the country, we can compare notes on how to improve our businesses.”
Representatives from the tire and cement industries, and state solid waste management officials, solidly line up against the plan, judging from comments submitted to the EPA on the proposed rule. They maintain the regulations would end the use of tires as fuel.
The agency’s three proposed rules—totaling 860 manuscript pages—aim to reduce emissions of mercury and other pollutants from industrial, commercial and institutional boilers and solid waste incinerators. If it becomes law, the regulations would redefine TDF and other nonhazardous materials as solid waste, which means any unit that burned them would have to be classified as solid waste incinerators under the Clean Air Act.
