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Production at the Michelin tyre plant in Ballymena, Northern Ireland came to an end last week. Although the facility won't officially close until 30 June, The Belfast Telegraph writes that production ended last Wednesday
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At last count, around 600 companies and brands were signed up as exhibitors at the inaugural The Tire Cologne, with many poised to unveil their latest products and innovations at the show. This meeting of the tyre world's 'Who's Who' is of course too good an opportunity for Tyres & Accessories/Tyrepress.com to miss, and our team will be present and reporting the latest news from the fair.
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Goodyear Tire & Rubber reports that its sales in the first quarter of 2018 were, at US$3.8 billion, four per cent higher than those a year earlier, even though tyre unit volumes were down 2.5 per cent year-on-year to 39 million.
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Poland, Russia and Turkey, the three largest trailer markets in Eastern Europe, all rallied in the second half of 2017 to push total trailer demand for the region back over 90,000 units for the first time in 10 years, according to Clear International data.
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Canada-based Gratomic Inc. has signed a letter of collaboration with Perpetuus Carbon Technologies Limited to develop and market graphite-derived graphenes and graphene hybrids for tyre elastomers.
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General Motors recognized its most innovative partners at its 26th Supplier of the Year awards ceremony on 20 April in Orlando, Florida.
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Electrical and vision related component supplier ELTA Automotive will mark its 25th anniversary and the launch of its VisionPro and VXPro brands by sponsoring the Large Garage award at the forthcoming Garage of the Year ceremony, held during Automechanika Birmingham in June.
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The team at automotive refinement specialist Brabus is mourning the death of its founder and chief executive officer, Prof. h.c. Bodo Buschmann, who passed away on 26 April 2018 after a short illness.
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Tyres & Accessories' ranking of the leading global tyre manufacturers |
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In the next issue: May 2018
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Big impact - changes in the OTR tyre market
Whether you call them off-the-road, OTR or earthmover tyres, these products are some of the most valuable tyres in the market. And with good reason. Not only are they the physically largest tyre product segment on the planet, these products are often also required to endure the greatest pressures in the most unforgiving circumstances. However, due to the relative small unit volumes involved combined with the high individual values of each product, prices in this segment - perhaps more than any other - feel the international ripple effects of legislation, supply and demand around the world.
So, when there's a production problem in one country, there can be a supply problem around the world. And when there's a tariff in one country, product will need to be sold in other markets or at higher prices in the tariff-affected area. With the US Department of Commerce considering a new round of tariffs against OTR tyres produced in China, in the May issue of Tyres & Accessories, we consider all the big news from this large sector.
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Tyre retail and buying groups
Tyres & Accessories continues to track the leading tyre retail chains and their position in the evolving UK market. Over the last decade, market consolidation has meant that the top five players control much of the market, though each of these has been subject to variously right-sizing and growth. May's feature will look at the current tyre retail landscape, including the latest news from the sector.
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Wheels
Aluminium wheels - cast and forged - have continued to grow in popularity and pervasiveness in the global wheel market, both in the consumer and commercial markets, with output continuing to grow in China and the rest of Asia. In Europe, the safety of commercial vehicle wheels has come under increased scrutiny, with more diverse products making fitment compatibility an important consideration. May's Wheel feature will look at market developments and the latest products from key market players.
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Editorial deadline: 20 April 2018
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For editorial, contact
Chris Anthony: [email protected] | +44 (0)1782 214224 Stephen Goodchild: [email protected] | +49 4141 533 619 Andrew Bogie: [email protected] | +44 (0)1782 969866 |
or contact Julie Wilshaw: [email protected] | +44 (0)1782 214224 |
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