Michelin Launches the All-New BFGoodrich Winter Tire
Michelin
North America Inc. has introduced the brand new BFGoodrich Winter T/A KSI for
Canada passengers and Crossover Utility Vehicles (CUVs)
Canada: Michelin North America Inc,
recently, has launched BFGoodrich Winter T/A KSI, which would replace the predecessor
model Winter Slalom KSI tire by the company in Canada. As per Kevin Reim,
BFGoodrich Global Product Category Manager for passenger products, the Winter
Slalom KSI is already being phased out across the United States.
“We are evaluating the
BFGoodrich Winter T/A KSI for the U.S. market, but we do not have a definitive
timeline. Our focus has been on the Canadian market first as we know how important
the winter category is here” Kevin Reim stated at a launch event in Ottawa,
Canada. He also added, “We were laser focused on meeting the snow tire season
with this launch for Canada. We want to have a great supply for our Canadian
BFGoodrich dealers. We will begin to evaluate the opportunity in the U.S. after
we have successfully completed our Canadian launch”.
Michelin Winter T/A KSI is launching
in 32 varied sizes between 14 to 18-inch rim diameters. The 32 sizes of
Michelin Winter T/A KSI would cover around 66 per cent of the winter tire sizes
in Canada. Furthermore, six new T-rated tire sizes, are being planned to be added
in the Michelin Winter T/A KSI portfolio by August, 2018. After the launch of
complete tire range by Michelin, the Winter T/A KSI would be available in 38
sizes, which is anticipated to cover nearly 77 per cent of the Canadian winter
tire market.
According to Reim, “We’ve
been able to improve our snow traction slightly along with snow handling. The
previous product was very tough to beat there. We’ve made big improvements in
ice traction and also in wet braking. If you want to get more wet performance,
you’re typically going to have to trade off snow performance and likewise with
dry. Not
trading off in the dry area is very important because we’ve been able to break
some compromises there. So we’re very pleased with where we’ve gone with this
product to break compromises and deliver the most value that we can in this
category.”
The new tire by Michelin
would feature high sipe density, inter-locking three-dimensional sipes, serrated
shoulder design, integrated center rib, wide inter-lateral grooves, casing
protectors and many more.
TechSci Research depicts that
Michelin holds an eminent position in the Canada tire market. Moreover, by
launching a new range of winter tires in the country, the company would be able
to penetrate through the consumer base of Canada, in a more efficient way in
coming years. Besides that, it is expected that with the launch of such advance
winter tires in the market, the sale of Michelin tires would eventually rise,
across the region.
According to a recent report published by TechSci Research, “Canada
Tyre Market Forecast & Opportunities, 2020”, Canada
tire market is forecast to increase at a CAGR of around 6% till 2020. Large
vehicle fleet and growing hybrid vehicle sales would be the major factors
driving Canada tire market over the forecast period. Passenger car tire market
is the dominant segment followed by commercial vehicle tire segment and
two-wheelers tire segment. Further, the replacement tire segment leads OEM tire
segment by huge margins and it is anticipated that this trend will continue
through the forecast period. Michelin, Goodyear and Bridgestone have domestic
production facilities in the country, while all other players cater to the
growing demand for tires through their sales and marketing offices in Canada.