Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
What has made Tiger Wheel & Tyre so successful? Read it here… AN EXCLUSIVE WITH CEO OF TiAuto GROUP OF COMPANIES ALEX TAPLIN the new face of retail following COVID-19 Mention Tiger Wheel & Tyre to the average consumer and their first impression of the retail chain is generally a positive one. Suffice to say […]
The international technology company Continental is celebrating a major anniversary: In July 2016, the production of the 200 millionth tye pressure sensor took place. Continental´s locations in France (Toulouse), Korea (Icheon) and Mexico (Guadalajara), which substantially contributed to this success, supply a large number of automobile manufacturers in Europe, Asia and America. “Since our first […]
* SBTi is a collaboration between four organisations proposing a voluntary approach to fighting climate change in the private sector. It was launched in 2015, several months before COP21. Michelin’s targets have been approved by the Science Based Targets initiative (SBTi), a leading independent international organisation which encourages participating companies to set greenhouse gas (GHG) […]
New research from Hankook Tire reveals that as COVID-19 has kept many Americans home, three-in-four (76%) say they miss being behind the wheel. The survey also found that there is a desire to spend more time on the road, as 60% of Americans say they want to take more trips by car as a result of the pandemic. Hankook […]
Continental’s PremiumContact 6 and ultra-high performance (UHP) SportContact 6 tyres have once again come out on top of comprehensive and independent summer tyre tests in Europe. The PremiumContact 6 featured in a test conducted by the German, Austrian and Swiss automobile clubs – ADAC, ÖAMTC and TCS. The comparative test focused on the popular 225/40 […]
While Bridgestone South Africa’s (BSSA) consumer-facing retail business, as well as its manufacturing facilities have suspended their operations during the National Lockdown, the company’s small, medial and large (SML) commercial unit continues to support key industrial customers to ensure essential food and medical supplies are delivered on time around the country. When President Cyril Ramaphosa […]
Angie Frederic, an Executive Committee member of the Tyre, Equipment, Parts Association (TEPA), a proud association of the Retail Motor Industry Organisation (RMI) and owner of Supaquick Hillcrest, shares her views on what the future holds for the tyre industry in the wake of the coronavirus crisis. It’s understandable if industry members are feeling anxious […]
Toyo Tires‘s first-quarter financial reports indicate that the company posted net sales of 82,094 million yen (approximately $764.3 million), a decrease of 8.9% from the same period of fiscal year 2019. Toyo’s tyre business net sales (approximately $673.09 million) was down 8.2% from Q1 2019, while its automotive parts business net sales (approximately $91.07 million) […]
The global economic climate for all tyre end uses and types is expected to grow in volume and value terms through 2024, with specialty applications like motorcycles, high-performance vehicles, and OTR tyres leading the market. Smithers latest market report, ‘The Future of Global Tires to 2024’ forecasts the global tyre market value will increase from […]
In line with its ‘Everything Sustainable’ strategy, Michelin is planning a green economic restart for the post-Covid-19 period, in close collaboration with the foundation Solar Impulse and 11 other major players. The vision promoted by the foundation Solar Impulse and its partners – who together employ more than one million people worldwide – is to […]
Cooper Tire & Rubber Company has reported a first-quarter 2020 net loss of $12 million, or diluted loss per share of $0.23, compared with net income of $7 million, or $0.14 diluted earnings per share, for the same period last year. First-quarter net sales were $532 million compared with $619 million in the first quarter of […]
Sales decline due to the worldwide economic downturn and slowing consumer sentiment caused by the spread of COVID-19 High inch tyre (18 inches and over) sales growth continue with sales ratio reaching 33.7% within PCLT, a 2.7%p increase Global premium tyre maker, Hankook Tire, has announced the company’s 2020 Q1 financial result with consolidated global […]