Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
The lockdown, its impact on manufacturing, jobs, labour disputes and the ripple effects to the distribution trade and consumer. These are just some of the critical points of discussion that surfaced in our recent exclusive interview with CEO of Sumitomo Rubber SA (Dunlop), Riaz Haffejee, who talks us through the unfortunate consequences of a global […]
Having withdrawn the previous outlook for fiscal 2020 that was valid until April 1, 2020 due to the uncertain consequences of the COVID-19 pandemic, the Executive Board from Continental AG now sees itself in a position to provide an outlook for fiscal 2020. This outlook is conditional upon the following assumptions: The exchange rates in the fourth quarter of 2020 do not materially differ to those as of September 30, […]
The uncertainty in the global business world caused by COVID-19 does not seem to be easing with many countries in Europe facing renewed lockdowns as the second wave of the virus rocks economies. All these developments have direct and indirect effects on South Africa’s economy, which is already in a crisis. The local motor industry […]
The Board of Directors of Apollo Tyres Ltd today approved the company’s unaudited financial results for the 2nd quarter (July to Sept) and H1 (Apr to Sept) for the financial year 2020-21. For the quarter ended September 30, 2020, Apollo Tyres Ltd, on a consolidated level, registered Sales of Rs 4234 crores, an increase […]
An exciting initiative was introduced to the global tyre market this year by Valebridge Media Services. Designed to recognise and honour contributions made by the retreading and tyre recycling communities, the Recircle Awards are destined to become an annual event. Our very own Liana Shaw, is a member of the Nominations Committee. With three weeks […]
The Goodyear Tire & Rubber Company announces its newest addition to its off-highway large haulage product line, the RH-4A+, engineered to deliver a lower operating cost per hour and higher productivity in hard rock underfoot conditions. This tyre features an extra-deep E-4+ tread depth with a high net-to-gross tread pattern and optimized footprint pressure to […]
Valebridge Media Services (VMS), the Crewe, UK and Madrid, Spain-based media services agency, are pleased to announce that the Marangoni Group has been named as the Official Trophy Sponsor for the inaugural Recircle Awards 2021, the globally-facing awards event recognising sustainable innovation, production processes, management and services within the tyre retreading and recycling industries. In […]
Bridgestone South Africa (BSAF) has finalised the process to close down its tyre manufacturing plant in Port Elizabeth, Eastern Cape. The plant’s last day of operation will be 15 November. This follows a consultation with workers and unions. In August, the company announced its proposal to close the Port Elizabeth facility and initiated a Section […]
The growing number of dangerously worn second-hand tyres being sold to the consumer by unscrupulous operators, is becoming a grave concern. Key industry players are, once again, calling on tyre dealers to ‘do their duty’ by ensuring that all scrap tyres leaving their premises have been mutilated, so they cannot be resold to the market. […]
Hankook Tyre UK is once again announced as the winner of TyreSafe’s Tyre Manufacturer of the Year Award. The award recognizes Hankook’s significant contribution to raising driver awareness of tyre safety-related issues. The tire maker is commended for delivering engaging campaigns to UK drivers, informing and educating them on the importance of tyre safety and […]
Three streams of specialist workshops will make up the afternoon programme at the Hypermobility 2020 virtual conference which takes place on Wednesday, November 18, following a plenary session in the morning which will consist of keynote speakers and three panel discussions. This important conference is endorsed by naamsa and will be powered by AutoTrader, a […]
Michelin pursues its growth strategy in the lifestyle and venue guide segment Michelin is acquiring all outstanding shares in Le Fooding® three years after the two companies first began collaborating. The deal is the culmination of an agreement signed with the co-founders of Le Fooding® in 2017 – after Michelin acquired a 40% stake in […]