While replacement light truck tire shipments are projected to drop 2% this year, LT original equipment shipments are expected to be way up -- 9.9%, according to the U.S. Tire Manufacturers Association (USTMA).
Hankook Tire Co. Ltd. posted income before taxes of 3.1 trillion won on net sales of nearly 17.3 trillion won for the second period ended June 30, 2017. That compares to income of 2 trillion won on sales of 16.4 trillion won for the same period in fiscal 2016.
The 2017 Dodge Viper ACR fitted with Kumho Ecsta V720 tires once again will try to set the fastest production car lap ever recorded at the Nürburgring race track in Nürburg, Germany, on Aug. 25.
Sumitomo Rubber Industries Ltd. has once again partnered with SEAT S.A. The fifth generation of the Spanish vehicle manufacturer's SEAT Ibiza will be fitted with different Falken tires, depending on the original equipment size.
Kenda USA is serious about partnering with vehicle manufacturers and accelerating its original equipment business. The company recently hired Ken Albers as director of OE automotive sales.
General Motors Co. wants to help make the tire industry more sustainable.
Apollo Vredestein Tyres North America Inc. will relocate its corporate headquarters on June 1, 2017.
Prometeon Tire Group, which produces and markets Pirelli brand truck, bus, agricultural and OTR tires, has signed a commercial agreement with Italian company Iveco Defence Vehicles. The partnership calls for Prometeon to develop and supply Pirelli tires for new generation defense vehicles.
Replacement consumer tire shipments will be up in 2017 compared to last year, according to the Rubber Manufacturers Association (RMA). So will original equipment passenger tire shipments.
When Groupe Michelin CEO Jean-Dominique Senard officially introduced the Pilot Sport 4 S at the 2017 North American International Auto Show in Detroit, he talked about the tire's improved performance over the company's previous flagship tire, the Pilot Super Sport.
Everything automotive can be found at the annual North American International Automotive Show. The 2017 edition is being held in Detroit from Jan. 7 through Jan. 21.
There is only one vehicle manufacturer from China with a booth at the 2017 North American International Auto Show (NAIAS) -- Guangzhou Automobile Group, or GAC for short. It is the second consecutive year the company has displayed its vehicles at the annual event in Detroit.
One year ago, Falken Tire Corp. announced it was changing its name to Sumitomo Rubber North America Inc. As of Jan. 1, 2016, that came to pass.