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Tire Industry NewsThursday March 11, 2010
California approves electric trucks as ZEVs
STOCKTON, Calif. (March 11, 2010) — The California Air Resources Board (CARB) has approved two models of heavy-duty electric-powered trucks made by Electric Vehicles International as zero-emission vehicles under the state’s emissions control regulations.

Yokohama to debut waste hauler tire at Ky. trucking show
FULLERTON, Calif. (March 11, 2010) – Yokohama Tire Corp. will introduce its latest all-position waste and sanitation tire, the MY627W, at the Mid-America Trucking Show, March 25-27 at the Kentucky Expo Center in Louisville, Ky.

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Toyo Tire Americas getting new president
CYPRESS, Calif. (March 11, 2010) — Toyo Tire Holdings of Americas Inc. President Masaharu Yoshimoto is retiring after 38 years with Toyo Tire & Rubber Co. Ltd. and will be succeeded by Takashi Shimizu, senior vice president and CFO of the Cypress-based company.

Tire recycler settles lawsuit with Wisconsin for $35,000
NIAGARA, Wis. (March 11, 2010) — Tire recycling firm American Tire & Recycling Corp. will pay $35,000 and take corrective actions to settle solid waste management claims brought by the Wisconsin Department of Justice (DOJ).

Dunn Tire, customers raise $83,648 for Haiti quake victims
BUFFALO, N.Y. (March 11, 2010) — Dunn Tire L.L.C. and its customers have raised $83,648 to aid victims of the Jan. 12 Haiti earthquake.

Senate passes COBRA premium subsidy extension
WASHINGTON (March 10, 2010) — The U.S. Senate approved tax legislation on a 62-36 vote today that would further extend COBRA health insurance premium subsidies.

Tire Rack enhances Web site with consumer tire research
SOUTH BEND, Ind. (March 10, 2010) — Online and mail order tire marketer Tire Rack announced a new enhancement to its Web site it said is designed to make the tire buying experience faster, easier and more efficient.

Like GM, Chrysler should reinstate rejected dealers, lawmaker says
WASHINGTON (March 10, 2010) — A senior U.S. lawmaker is calling on Chrysler Group L.L.C. to follow General Motors Co.’s lead and reinstate rejected dealerships.

Pirelli Tyre eyes 6-8% growth in 2010
MILAN, Italy (March 10, 2010) — Pirelli Tyre S.p.A. should achieve 6- to 8-percent sales growth this year based on continuing growth in the firm’s emerging markets and recovering demand in North America.

Toyota names former U.S. Transportation chief Slater to head quality panel
LOS ANGELES (March 10, 2010) — Toyota Motor Co. has named former U.S. Secretary of Transportation Rodney Slater to head a new panel that will advise the company’s North American operations on quality and safety issues.

Pirelli Tyre improves profit margin
MILAN, Italy (March 10, 2010) — Pirelli Tyre S.p.A. doubled its pre-tax operating earnings last year thanks to the firm’s restructuring efforts and the positive impact of lower raw material costs, the company’s board of directors reported today.

Del-Nat, ACCC recall Cooper-made tires
WASHINGTON (March 10, 2010) — Del-Nat Tire Corp. and American Car Care Centers Inc. (ACCC) are the latest private brand purchasers of tires made by Cooper Tire & Rubber Co. to announce recalls of Cooper-made SUV tires, size 245/70R17.

Mazda follows Toyota in installing brake override systems
TOKYO (March 10, 2010) — Mazda Motor Corp. will install brake override systems in new models after Toyota Motor Corp. recalled more than 8 million vehicles amid complaints of unwanted acceleration.

Kumho’s new eco-friendly premium tire offers 100,000-mile warranty
RANCHO CUCAMONGA, Calif. (March 10, 2010) — Kumho Tire U.S.A. Inc. is offering its new high-mileage premium all-season eco Solus HM as the first in a series of eco-friendly tires it claims will have less impact on the environment while delivering exceptional performance.

Study: Clunkers program didn’t hurt future sales
DETROIT (March 10, 2010) — Last year’s federal cash-for-clunkers program increased sales without damaging the number of future automobile purchases, as previously feared by critics, according to a study by Maritz Automotive Research Group.

Company wires new homes for vehicle charging stations
LOS ANGELES (March 10, 2010) — KB Home is now offering the option of wiring new homes to accommodate charging stations for electric vehicles.

Rubber supplies increase significantly in January
KUALA LUMPUR (March 10, 2010) — Natural rubber (NR) supplies increased markedly in January over the drought-ridden January 2009, and could mark a return to normal production levels, according to the February 2010 Natural Rubber Trends & Statistics, a monthly publication of the Association of Natural Rubber Producing Countries (ANRPC).

COBRA subsidy extension set for full Senate vote
WASHINGTON (March 9, 2010) — Tax legislation that would further extend COBRA health insurance premium subsidies moved closer to passage when the Senate voted 66-34 today to stop debate on the measure.

Tiremax to start franchising its retail concept
CONROE, Texas (March 9, 2010) — Tiremax Corp., a privately held tire and wheel retailer with 15 outlets in Texas, has begun franchising its retail concept after more than decade of development and more than three years after it first announced it was developing a franchise program.

AGCO, Trelleborg strengthen OE ties
DULUTH, Ga. (March 9, 2010) — Trelleborg Wheel Systems S.p.A. and farm vehicle producer AGCO Corp. are strengthening their decade-old relationship, agreeing to cooperate on developing tires for AGCO’s range of Challenger-, Fendt-, Massey-Ferguson- and Valtra-brand vehicles.

Job openings reach highest rate in a year, BLS says
WASHINGTON (March 9, 2010) — The job openings rate reached 2.1 percent at the end of January, the highest since February 2009, according to the latest figures from the Bureau of Labor Statistics (BLS).

Louisiana dealer group’s convention this week
BATON ROUGE, La. (March 9, 2010) — The Louisiana Independent Tire Dealers Association (LITDA) is holding its annual convention and trade show March 11-13 in Biloxi, Miss.

GM’s high-revving Lutz exits the stage he loves
DETROIT (March 9, 2010) — Bob Lutz, Detroit’s No. 1 car guy, called it quits last week.


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