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Jun 22, 2012

TYRE MAKERS NEWS * WORLDWIDE

* Japan - Bridgestone may extend cuts in production amid low Europe demand 

Chuo-ku,Tokyo,Japan -Bloomberg News/The Detroit News, by Anna Mukai and Yasumasa Song -June 21, 2012: -- Bridgestone Corp., the world's biggest maker of tires, may extend output cuts in the second half as Europe's debt crisis and China's slowdown curb demand... The Japanese tiremaker is concerned that Europe's turmoil may impact other markets such as China, depressing demand for its products even as it targets a record operating profit ratio this year. In Europe, the company reduced production through the second quarter by 20 percent on lower-than-expected demand... Europe contributed 14 percent of Bridgestone's revenue last year, while Japan accounted for 23 percent...


* France - Michelin starts trial with communicating tyres

Clermont-Ferrand, France -HGV UK -June 24, 2012: -- Following more than six billion kilometres of testing involving 50,000 tyres over seven years, Michelin is taking the first steps to combine the introduction of a Tyre Pressure Monitoring System (TPMS) and Radio Frequency Identification (RFID) chips in tyres for large commercial vehicle fleets... The company believes that its new ‘communicating’ tyres not only make it possible to obtain tyre pressure and temperature data easily, they will ensure flawless traceability of bus, coach, truck and trailer tyres throughout multiple lives in service...

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