tires News Updates

Continental's industrial ContiTech unit is set to miss targets because of weak demand and other expenses, raising doubts about the price the division will fetch in its sale process.

A detailed report on how fleets maximize the value of their commercial truck tires and create a multi-stage asset that delivers value through three or more lifecycles.

The technology, now operating at multiple Utah ports of entry, is designed to identify tire problems early and reduce the risk of crashes caused by sudden tire failures.

Christian Kötz will replace outgoing CEO Nikolai Setzer next month, when Continental will begin a sales process for the ContiTech business.

Smart trailer technology is evolving to cater to a trucking fleet’s needs and can dramatically improve all aspects of its operations, a panel said during Hendrickson's media day event.

Morita, 52, will take over as CEO on Jan. 1. He’s currently the company’s chief strategy officer and has been with Bridgestone for almost three decades.

The company’s five-year midterm plan to be unveiled next year will include details on stock buybacks and an investment of 100 billion yen to build two production facilities in Europe or Asia.

Sales in North America slumped close to 10% during the third quarter, dragged down by slower demand for trucks and heavy-duty vehicles used in agriculture, Michelin said.

Bridgestone expects a tougher second half as its U.S. business faces a sharp drop in truck tire demand, tariffs take a toll and it deals with the fallout from a cyberattack that disrupted production.

As one of the top expenses for trucking companies of all types and sizes, tires go a long way toward determining a motor carrier’s profitability and success.