Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Tyre market data as of end-February 2020, released today by the Michelin Group, show the initial impact of the COVID-19 public health crisis, with the global Passenger car and Light truck tyre market down +9% year-on-year and the Truck tyre market down +16%. First of all, the Group is taking all the measures required to […]
With the cancellation of the Tire Cologne show in Germany in early June further illustrating the current unprecedented disruption within the UK, European and worldwide tyre, automotive and garage market sectors due to the Coronavirus situation, the industry has never experienced such an unexpected barrier in business communication. Despite the current suspension in normal product […]
The U.S. Tire Manufacturers Association (USTMA) urged Congressional leadership to enact policies that provide economic relief to tyre manufacturers and their workers as well as the overall economy. “U.S. tyre manufacturers are a critical part of the American economy,” said Anne Forristall Luke, USTMA president and CEO. “Our members play an essential role in ensuring safe and […]
Michelin North America, Inc., will begin a temporary, phased shutdown of some of its tyre production facilities in the United States and Canada due to the broad effects of COVID-19. The company said the phased suspension of some manufacturing will begin immediately and, based on the current outlook, will last for at least two weeks. The […]
The Apollo Tyres Leadership Team has announced a voluntary reduction in pay due to the impact of COVID-19 on the automotive industry. The Chairman and Managing Director, Onkar S Kanwar and the Vice Chairman & MD, Neeraj Kanwar today announced a 25% reduction in their salary during these tough, testing times. Furthermore, the Senior Management […]
In a press statement issued by NAAMSA (National Association of Automobile Manufacturers of South Africa), on Tuesday 17 March, the SA automotive sector laid out the way forward in light of the Covid-19 crisis. The CEO of major OEMs; together with a senior representative of Independent Vehicle Importers; and executive committee members of vehicle component […]
New dates: 18 to 20 May 2021 After in-depth consultation, and in agreement with their partners at the German Tyre Retail and Vulcanisation Trade Association [Bundesverband Reifenhandel und Vulkaniseur-Handwerk e.V. (BRV)], Koelnmesse GmbH has decided to postpone THE TIRE COLOGNE 2020, originally scheduled for 9 to 12 June 2020, until May of 2021. The management […]
MIDRAND, South Africa – 18 March 2020 – Tiger Wheel & Tyre, Southern Africa’s leading retail wheel and tyre fitment chain, today announced that it has implemented heightened hygiene protocols at all its stores throughout Southern Africa, in a bid to do its part in preventing the spread of Novel Coronavirus (COVID-19). The company has engaged […]
Michelin kicked off 2020 with a bang at the Tyre Technology Expo in Hanover, Germany for the second year in a row receiving the prestigious title of Tyre Manufacturer of the Year, a first since the award was created in 2008. Awarded by a panel of industry experts, bringing together professionals from tyre manufacturers, car […]
With the economic landscape worsening, unscrupulous traders are resorting to unsavoury means to remain competitive, even going so far as ‘crooking the books,’ to avoid paying import duties and levies on tyre consignments. This poses a serious threat to credible South African businesses that are operating legitimately. What, if anything, can be done to combat […]
Formula 1® has announced that due to the ongoing global situation regarding COVID-19 the Heineken ®. F1 Joburg Festival due to take place on the 29th March has been postponed to protect the safety of all fans and participants attending the event. Formula 1®, together with Heineken ®, SAGP and the Gauteng Province remain committed […]
Launching in April 2020, the Dunlop Grandtrek AT5, with a new formula compound that increases tread block rigidity, promises to give consumers the best of both worlds from improved performance and lifespan to affordability. “This tyre literally takes the road, any road,” says Riaz Haffejee, CEO of Sumitomo Dunlop. “Part of our extensive and impressive […]