Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
The Board of Directors of Apollo Tyres Ltd has approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2023 – 24. The Board recommended a dividend payout of Rs 6.00 per equity share (600%), on face value of Re 1 each for FY24, subject to the approval […]
In just a few weeks, the global tyre and wheel industry will come together at THE TIRE COLOGNE 2024 on a unique communication and business platform. As a trade fair with an unrivalled global focus on tyres and wheels, THE TIRE COLOGNE offers numerous forward-looking solutions, expertise and networking opportunities. In terms of content, the […]
Tyrexpo Asia 2024 Thailand, which took place from 15-17 May, in Bangkok, was heralded a great success for new organisers – Informa Markets – who took over from Tarsus, earlier this year. Officially opened by local government figures, amid much pomp and ceremony, the event was a first for this Asian country, a location that […]
Continental has acquired the mold manufacturing specialist EMT s.r.o. based in Púchov, Slovakia. All shares of Continental’s long-standing supplier were transferred to Continental effective April 2. The tire manufacturer had entered into a respective agreement with EMT’s shareholders, Dynamic Design (Romania) being the majority shareholder. All 107 employees, who have specialist knowledge in mold manufacturing, have […]
The Goodyear Tire & Rubber Company said its first quarter 2024 sales were $4.5 billion, with tire unit volumes totaling $40.4 million. For the first quarter, Goodyear’s net loss was $57 million compared to a Goodyear net loss of $101 million a year ago. Leadership said the year-over-year improvement was driven by increases in segment operating income. […]
Tyre & Retread Supplies (TRS), based in Johannesburg, recently celebrated two decades of partnership with Vipal Rubber. As the exclusive distributor of Vipal products in its operating market, TRS plays a fundamental role in expanding Vipal’s presence on the African continent. “TRS is our distributor of patches and repairs, covering the territories of South Africa, […]
The global economic climate for all tyre end uses and types is expected to grow in volume and in value terms through 2024, with specialty applications like motorcycles, high-performance vehicles and OTR tyres leading the market. This, according to Smithers latest market report, ‘The Future of Global Tyres to 2024’, which forecasts the global tyre […]
When Sumitomo Rubber South Africa’s (SRSA) flagship store – Dunlop Retail and Technical Centre in Westville – first opened its doors in November 2022, its purpose was to serve as a fully operational testing ground for product positioning, customer service and training. Presently, this premium outlet continues to set the benchmark within their network, with […]
The first round of the FIA World Endurance Championship in Qatar marked LMGT3’s arrival to the championship, with Goodyear as the exclusive tyre supplier. Through its new specification of LMGT3 tyre and improvements to the logistical component of supporting the category, Goodyear has supported WEC and the FIA’s sustainability objectives to make the sport cleaner […]
Commissioned by Point S, the tests took place in October 2023 using a VW Golf VIII GTD. Five premium brand tyres, three mid-range tyres and three budget tyres were tested under the report number 713311093- P Leveraging its position as the world’s largest independent tyre dealer network, Point S commissioned the testing to give its […]
The new Nokian Tyres summer and all-season tyres for the European markets have passed the competitive comparison made by TÜV SÜD. Nokian Tyres, the world’s northernmost tyre manufacturer, commissioned TÜV SÜD to carry out independent tests for the all-season tyre Nokian Tyres Seasonproof 1 as well as the summer tyres Nokian Tyres Powerproof 1 and […]
Dunlop Tyres’ entrepreneurship booster programme – Business in a Box (BIBs) – has been selected as a strategic employment initiative by the KwaZulu-Natal Premier’s Office under the Youth Development Fund. 17 young entrepreneurs, after a rigorous selection process, have benefited from the partnership to own a Dunlop Business in a Box tyre fitment facility. The […]