Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Falken Tire as part of the Sumitomo Rubber Industries Group are a leading tire manufacturer who are recognised as a major global brand who continue to gain market growth as a very ambitious company within the industry. Apart from being well known in South Africa they are also viewed as a popular option throughout all […]
Topline growth to continue with uptick in demand The Board of Directors of Apollo Tyres Ltd today approved the company’s unaudited results for the 3rd quarter of the financial year 2018-19. Apollo Tyres Ltd’s consolidated revenue for the 3rd Quarter (October to December) grew 16%, and closed at Rs 4655 crores. The Sales for the […]
Netherlands based, global tyre manufacturing equipment producer VMI has recently further expanded their global operation with the opening of a new Service Centre in Chon Buri Province, Thailand. The new premises underlines VMI’s determined commitment to build an organisation of international supply and the Thailand unit is the ninth facility to be created worldwide. The […]
Races to be staged worldwide Off-road races designed to boost awareness of challenges of the future Continental to supply high-technology tyres Continental is to sponsor the Extreme E off-road electric racing series. With electric SUVs and tyre technology from Continental, the new series takes participants to the most remote corners of the world. Extreme E […]
Netherlands based Vredestein intend to make a spectacular impact at the forthcoming Paris International Agribusiness Show (SIMA) in France at the end of February with the introduction of its latest Traxion tractor tyres and will be showcasing their new Traxion 65/70 pattern for compact tractors. Also on display will be the latest sizes in the […]
The Indian tyre industry is expected to grow by 7-9% over the next five year on the strength of a positive outlook for the Indian automobile industry. The domestic automobile industry is expected to become the third largest by 2021 as per rating agency ICRA forecast. The domestic tyre industry benefited from strong growth in […]
Goodyear’s noise reduction technology, SoundComfort has been voted Product of the Year 2019 by consumers in Belgium and the Netherlands. The consumer survey conducted by international market and consumer research company Nielsen asked 5000 people for their views on product innovation. It is the largest survey of its kind in the world. SoundComfort technology is […]
Falken Tyre Europe’s Motorsport Division has started the 2019 racing season by introducing a new Porsche 911 GT3 R model into their team which will be race alongside the proven BMW M6 GT3 at the Nurburgring track in Germany. The brand now has two elite racing machines from two premium car manufacturers to continue its […]
With just four month to go before the next AutoPromotec Show in Bologna, Italy in May. The organisers have announced the Agenda for the International Aftermarket Meeting which is part of the Autopromotec EDU calendar. The IAM19 Conference will take place during the second day of the show and will discuss ‘The evolution of the […]
Giti Europe has announced the arrival of their all new generation trailer tyre – the GTR955 Combi Road which delivers around thirty per cent extra mileage than previous comparable tyres. The GTR955 has an enhanced tyre profile, advanced belt construction plus a newly developed tread compound and is currently available in 385/65R22.5 164K and 385/55R22.5 […]
Michelin has concluded the acquisition of Canadian OTR mobility solution provider Camso in the middle of December. Michelin acquired the Camso at a total consideration of US$1.36 billion as announced in July 2018. Camso, formerly known as Camoplast Solideal, is a privately-owned firm, manufacturer and service supplier of products for off-the-road vehicles since 1982. Regarded […]
Korean tyre producer Kumho Tire has signed a technology transfer agreement with Pakistan based automobile battery manufacturer Century Engineering Industries. Century plans to build a tyre plant with a million tyre capacity annually, which would likely to be hiked to five million over a period of time. Headquartered in Gwangju, South Korea, Kumho would support […]