Pirelli & Cie SpA is concentrating heavily on the "high value" or premium tire segment, and it appears to be helping its bottom line. The company posted net income of 101.4 million euros on net sales of 1.3 billion euros for the first quarter ended March 31, 2019. That compares to income of 89 million euros on sales of 1.3 billion euros for the same period in fiscal 2018. Based on the exchange rate on March 31, 2019, Pirelli recorded net [...]
NASHVILLE, Tenn. — Hankook Tire America Corp. has introduced the Hankook e3 WiDE DL21, a super-single long-haul drive tire that boasts greater life and mileage over its predecessor, the DL07. Hankook said the e3 WiDE DL21 offers a 2-percent increase in tread life and a 10-percent drop in rolling resistance versus its predecessor.ADVERTISING inRead invented by Teads The tread pattern features Hankook's three-dimensional siping technology, which helps to increase the tire's traction, lifespan and performance, Hankook said. The redesigned tread includes seven [...]
President Donald Trump has once again threatened to increase tariffs on Chinese products imported into the U.S., and the Auto Care Association has repeated its plea that Trump change course. In a Tweet on May 5, Trump said he would increase a 10% tariff on products — which includes tires — to 25% on Friday (May 10, 2019.) In a statement, the Auto Care Association says it supports the president’s effort to address China’s unfair trade practices, “and is encouraged by [...]
AKRON — Will the newly imposed countervailing and antidumping import duty orders on truck and bus tires from China lead to shortages of tires and/or rising prices? That scenario seems to be more than likely, according to various sources contacted by Tire Business. The big question, however, is: To what extent? The U.S. Tire Manufacturers Association may have presaged a product shortage inadvertently with its latest industry shipment report, issued March 5, which projected a 6.8-percent drop in medium-duty truck/bus shipments [...]
POTSDAM, Germany — Researchers from the Fraunhofer Institutes for Applied Polymer Research in Germany have developed a polyisoprene synthetic rubber they claim can exceed the treadwear performance of natural rubber in truck tires. The discovery, dubbed "BISYKA," achieves 30- to 50-percent less abrasion than natural rubber, Fraunhofer Institutes said, making it ideal for use in truck tire treads, for which SR up to now has been unsuitable. "The treads [...]
LOUISVILLE, Ky. — Hankook Tire America Corp. is showcasing this week at the Mid-America Trucking Show (MATS) in Louisville truck tires made with its proprietary "Smartec TBR" technology. Hankook describes Smartec technology as a manufacturing process that incorporates an integrated package of five key tire performance factor: safety, mileage, anti-chip and cut, retreadability and traction. The first tire on the market built with this technology is the SmartFlex DL15, a long- and regional-haul drive tire that offers improved fuel economy performance [...]
