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Pirelli becomes latest foreign brand to give up on Venezuela

Italian tire manufacturer Pirelli is suspending production in Venezuela, the latest foreign brand to give up on the crisis-wracked country.

Pirelli’s local affiliate said in a statement Tuesday that imported supplies at its factory in Valencia are due to run out June 16. Production in recent years had already fallen to a third of the plant’s capacity of 6,000 tires a day. The company employs about 1,000 people in Venezuela.

The company is the latest battered by crippling shortages now compounded by almost-daily protests against President Nicolas Maduro.

Michelin - 40 years of development that continues with michelin’s recent investment at the Zalau tyre plant

The Michelin tyre factory in Zalau is celebrating its 40th anniversary, the company said în a press release sent to ACTMedia. The factory started its activity in 1977 with the production of tyres and air tubes under the Silvania name, before it became part of the Michelin Group in 2001. A new phase of its development began then with the implementation of innovative processes and the industrialisation of new products.

Team Toyo driver Andy McMillin has won the 49th Annual SCORE Baja 500 this past weekend

McMillin, from San Diego, CA, qualified fifth on Thursday over a field of 233 competitors.   He then captured the overall victory on Saturday with a time of 10:03:03.888 while driving his #31 Toyo Tires / Fox / Method Race Wheels Ford truck equipped with 39-inch Toyo Open Country M/T-R tires. 

This year’s race covered 513.67-miles through the Mexican desert.  It began in the port city of Ensenada on the Pacific Ocean, crossed the Baja peninsula to San Felipe on the Gulf of California, and then headed west to return to the finish line in Ensenada.

GM Works to Set Sustainable Natural Rubber Tires into Motion

First automaker to collaborate with suppliers to improve global rubber supply

Transforming the global rubber and tire supply chain to create lasting, environmentally sound sustainable rubber production requires a collaborative approach. Through an industry-first commitment to sourcing sustainable natural rubber in its tires, General Motors is helping drive the industry toward net-zero deforestation and uphold human and labor rights.

Bridgestone and Sarolea Team Up for Isle of Man TT

Saroléa chases podium in the TT Zero, running on Bridgestone Battlax tyres

Bridgestone is proud to announce that it is continuing its partnership with the all-electric Belgian motorcycle manufacturer Saroléa. For the fourth year in a row, Bridgestone and Saroléa will participate in the TT Zero races at the Isle of Man on June 7th.

Goodyear moves German plant closing to July

Goodyear is planning to cease tire production at its 50-year-old plant in Philippsburg by July 31, five months earlier than had been announced previously.

The earlier closing date is in line with an agreement reached recently by Goodyear Dunlop Tires and the relevant employee labor representatives from the Industriegewerkschaft Bergbau, Chemie, Energie (BCE), according to Goodyear.

According to that agreement, employees will retain all elements included in the social plan that was agreed with the employee representatives last month.

Yokohama earnings, sales jump in first quarter

Yokohama Rubber Co. Ltd. generated markedly higher earnings and sales in the quarter ended March 31, buoyed by strong overseas tire, hose and sealing products sales gains and the first-time inclusion of results from Alliance Tire Group.

Operating earnings jumped 32 percent to $79.8 million on 14.2-percent higher sales of $1.3 billion, yielding an operating ratio of 6.1 percent, up a point from a year ago.

Yokohama did not comment specifically on the reasons for the earnings improvement.

Guizhou Tyre to build new plant in Vietnam

Guizhou Tyre Co. Ltd., producer of the Advance and Samson brands, is planning to build a truck and bus tire plant in Vietnam valued at $245 million, according to a regulatory filing in April.

The plant, to be built in the Long Hau Industrial Park near Ho Chi Minh City, will have an annual capacity of 1.2 million units, Guizhou said. It's expected to span 1.47 million square feet on a 300-acre plot of land.

It could be on stream as early as 2018.

Pirelli returns to cycling with the PZero Velo

The PZero brand has long been associated with tyres for high performance cars, and now Pirelli is using its flagship name for the company’s return to cycling. The PZero Velo tyre range for high performance bicycles will be released in September and distributed in Europe, North America and within Asia Pacific.