Potential dealers clamor to open Shanghai Tyre’s commercial shops
SHANGHAI, China (Feb. 14, 2007) — In China, Shanghai Tyre & Rubber Co. operates its own commercial tire distribution network, known as Double Coin House, named after the company’s primary truck...

New warehouse, new logo coming for CMA
SHANGHAI, China (Feb. 14, 2007) — China Manufacturers Alliance (CMA) L.L.C., the sales and marketing company of China’s Shanghai Tyre & Rubber Co. Ltd., is planning to open its first warehouse...

Amtel-Vredestein, Continental suspend talks
MOSCOW, Russia (Feb. 9, 2007) — Amtel-Vredestein N.V. said it has suspended talks with Continental A.G. regarding cooperation in Russia. The two companies said last year they were discussing...

Bridgestone’s second plant in Brazil open for business
SALVADOR, Brazil (Feb. 2, 2007) — Bridgestone Corp. has inaugurated production at its newest tire plant, a passenger and light truck tire factory in Camacari in Brazil’s state of Bahia. The...

Amerityre says Chinese firm ahead of schedule
BOULDER CITY, Nev. (Feb. 1, 2007) — Amerityre Corp. said a Chinese firm is two months ahead of schedule in building an off-the-road retread plant that will use Amerityre polyurethane (PU)...

Hankook forecasts ’07 global sales of $3.6 billion
SEOUL, South Korea (Jan. 29, 2007) — Hankook Tire Co. Inc. is forecasting 23-percent growth in global sales this year, to $3.6 billion, as its Chinese subsidiaries ramp up operations and its...

Automechanika coming to Canada in September
FRANKFURT, Germany (Jan. 25, 2007) – Messe Frankfurt GmbH, the Frankfurt trade fair organizing body, is bringing its “Automechanika” automotive aftermarket parts and services trade show...

Michelin to close Nigerian tire plant
PARIS (Jan. 18, 2007) — Group Michelin has decided to terminate tire production at its car and truck tire plant in Port Harcourt, Nigeria, this year and seek a buyer for the 47-year-old...

British Columbia privatizes scrap tire program
VICTORIA, B.C. (Jan. 9, 2007) — Tire Stewardship British Columbia (TSBC), a not-for-profit, private organization including most of the tire industry representatives in the province, has taken...

2007 Challenge Bibendum set for Shanghai in November
DETROIT (Jan. 9, 2007) — Group Michelin will hold the 2007 Challenge Bibendum — a rally for “green” cars and environmentally friendly technology — in mid-November in...

Goodyear to close Moroccan tire plant this year
AKRON (Jan. 8, 2007) — Goodyear will close its 35-year-old tire plant in Casablanca, Morocco, this year and take a charge against earnings of about $28 million to cover the related...

Private buyout bid for Alliance Tire proceeding
HADERA, Israel (Jan. 6, 2007) – U.S. private equity fund Warburg Pincus L.L.C.,, in partnership with Indian businessman Yogesh Mahansaria, are proceeding with plans to buy full control of Alliance...

Kumho turns to more enviro-friendly raw materials
SEOUL, South Korea (Jan. 4, 2007) — Kumho Tire Co. Inc. is launching a range of ultra-high-performance (UHP) tires in Europe this year that use Lyocell, a less environmentally intrusive fiber,...

Goodyear, Hyosung complete first phase of tire fabric unit sale
AKRON (Jan. 2, 2007) — Goodyear has completed the sale of its global tire fabric operations to Hyosung Corp., pending post-closing adjustments and completion of the sale of the tire maker’s...

Bridgestone to build $240M OTR tire plant in Japan
TOKYO (Dec. 21, 2006) — Bridgestone Corp. plans to build a plant in Japan for large off-the-road tires over the coming two and a half years at a cost of $240 million to support growing demand...

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