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8 Nisan 2015 Çarşamba

Tyre manufacturing industry gears for growth

A high level of confidence in South Africa’s ability to manufacturer quality tyres has resulted in a R553 million capital investment in local production by the local tyre manufacturers over the past year. This key indicator is driving Nobuzwe Mangcu, newly appointed Managing Executive at the South African Tyre Manufacturers Conference (SATMC)’s passion for this R30 billion industry.

Mangcu was appointed as Managing Executive of the SATMC during March 2015. She is filling the gap left by industry veteran, Dr Etienne Human, former SATMC CEO, who has worked in the tyre industry for 23 years, and has been at the helm of SATMC for the past 16 years.

SATMC is a representative body consisting of the 4 South African tyre manufactures Bridgestone, Continental, Goodyear and Sumitomo. Together these 4 manufacturers produced a total of 8.6 million tyres in 2014 for the South African market and export.

“My role at SATMC allows me an in-depth view into the tyre production industry; a significant contributor to our country’s economy and one of the key supporting industries for the automotive industry,” explains Mangcu. “The automotive industry has very strong growth prospects in South Africa.”

Most recently, Sumitomo announced a R1.1 billion investment into its Ladysmith factory in 2014, increasing capacity and upgrading the technology used in the plant. “Sumitomo produces tyres for the Chevrolet Utility and will begin supplying tyres for new models of Volkswagen and Toyota vehicles in 2016,” says Mangcu. Additionally, Continental Tyres recently invested a total of R65 million in a new Coal Boiler House.

“The opportunity to work with the local tyre manufacturers to identify opportunities to grow the tyre industry further and ensure that South Africa remains a sustainable location for tyre manufacturing excites me tremendously,” says Mangcu.

Similarly, Human says that he has found great fulfilment in making a contribution to the industry, creating a platform for the success and sustainability of the tyre industry in South Africa.

Mangcu’s focus for SATMC will be on finding workable solutions to the challenges facing the South African tyre industry in order to retain and grow tyre production in South Africa, while finding opportunities to enhance government and industry co-operation to work together towards this objective.

SATMC would like to thank Etienne for his dedication to SATMC and the many years of tireless service to the industry.

For more information on tyre safety or the tyre industry, contact SATMC at info@satmc.co.za.

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Tyre Safety and Safe Driving

Tyre manufacturing industry gears for growth

7 Nisan 2015 Salı

Tyre manufacturing industry gears for growth

Similarly, Human says that he has found great fulfilment in making a contribution to the industry, creating a platform for the success and sustainability of the tyre industry in South Africa.

SATMC would like to thank Etienne for his dedication to SATMC and the many years of tireless service to the industry.

For more information on tyre safety or the tyre industry, contact SATMC at info@satmc.co.za.

Also view:

Tyre Safety and Safe Driving

Tyre manufacturing industry gears for growth

9 Ekim 2014 Perşembe

GM Reveals Profit-Boosting Program: China, Cadillacs, Trucks, Manufacturing and Material Efficiencies

Pop quiz: What’s the quickest way General Motors can make a pile of bucks? If you answered “sell Cadillacs and SUVs to the Chinese,” you have identified what GM says will assist it accomplish larger profit margins and improved sales volumes more than the next decade.

At a recent investor conference, CEO Mary Barra and other GM executives outlined how the automaker would hit a 10-% profit margin—on an EBIT, or earnings just before interest and tax, adjusted basis—for its North American division by 2016, up from an 8.4-percent average over the last 4 quarters. It also expects its a lot of Chinese joint-venture brands to pull in 9- to 10-% margins, and that it will grow to be profitable in Europe by 2016, the same year it will phase out the Chevrolet brand from the Continent.

In a simplified graph comparing development to profit, the categories “Luxury,” “China,” and “Full-Size Trucks” seem clustered on the mega-bucks appropriate. GM sees the development of Chinese vehicle sales slowing more than the next decade and a half, but nonetheless expects the marketplace to develop by 33 percent in between subsequent year and 2030, compared to 72 % growth because 2000. To this finish, GM mentioned it would open 5 new plants and introduce “60 new or refreshed autos,” such as 9 SUVs, in China by 2018. Nine new Cadillacs will make it to China by 2019. The majority of these models most likely won’t be new to us, Europe, or Latin and South America, but rather will fill out GM’s thin Chinese lineups and construct upon the various domestic brands GM partially owns, which includes Wuling and Baojun. GM labels these automobiles “Deep Value” inside its lineup, or automobiles also inexpensive to be sold or pass regulations elsewhere.

For Cadillac, its move to New York, separate accounting, and new naming scheme will set the tone for 4 new U.S. models next year (ATS-V, CT6, a new CTS-V, and likely a new SRX). GM also desires to use more aluminum in mainstream cars, reduce parts content on a per-automobile basis by 20 %, and consolidate vehicle platforms so that 99 percent of its international production run on “core architectures” by 2020. The goal is to squeeze much more dough out of higher-volume automobiles like the subsequent Chevrolet Cruze, which will at least partially use GM’s new worldwide Ecotec family members of 3- and 4-cylinder engines. GM says it will be the sector leader in 4G LTE wireless connections, too, and that it wants to introduce car-to-vehicle connectivity to the 2017 Cadillac CTS.

Because the whole globe will not acquire pickups at Cadillac cost tags, GM demands practically every international debut, huge and tiny, to hit hard. It also wants to get quality control in strict order to stop the embarrassing recall parade. These are tall orders, but GM keeps telling the media it’s not like the “old GM”—and the proof will be in the item.

GM Reveals Profit-Boosting Program: China, Cadillacs, Trucks, Manufacturing and Material Efficiencies