Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Valebridge Media Services (VMS), the organisers of the 2023 Recircle Awards, the event organised to promote and recognise sustainable innovation, production processes, management and services in the tyre retreading and recycling sector. the globally-facing industry awards event for the tyre retreading and recycling sectors, have revealed the final four award categories for the 2023 event. […]
The Goodyear Tire & Rubber Company reported its Q2 2023 financial results, a net loss of $208 million in Q2 2023, translating to a decline of approximately 225% compared to the net income of $166 million the company reported in the same period a year ago. The company said its losses were influenced by industry trends and […]
Hankook Tire announced it joined the Suppliers Partnership for the Environment (SP), an association of automakers and suppliers working toward an environmental impact for the U.S. automotive industry. SP provides a forum for automakers and suppliers to advance sustainability across three core areas: operations, materials and suppliers, Hankook said. SP members work in collaboration with the U.S. […]
Michelin has sponsored the launch of a new thought leadership platform called What’s Treading, an industry-focused podcast that looks at ways to get South Africa’s economy moving. What’s Treading brings key opinion leaders from across the commercial industry to share issues, insights, and solutions on South Africa’s key sectors, including construction, mining, transport, and agriculture […]
Gameloft for brands, a leader in the creation of gaming and gamified experiences, today announced that Asphalt 9: Legends, the latest game in its billion-downloaded arcade racing franchise, is kicking off its next official eSports competition, the Lamborghini Revuelto eSports Challenge starting today. This exciting competition will be open to iOS, Android, Xbox, and PC […]
Nokian Tyres has completed the hire of 125 workers at its North American factory in Dayton, Tennessee as the company prepares to double production at the facility by 2024. This brings the team at the factory to more than 475 employees. The company is adding equipment that will allow the Dayton factory to produce as many […]
The South African Tyre Manufacturers Conference (SATMC), representing the four tyre manufacturers with plants in South Africa, welcomes the final determination by the International Trade Administration Commission (ITAC) and the decision by Minister of Trade, Industry and Competition, Ebrahim Patel to impose Anti-Dumping duties on unfairly traded imports of passenger, truck and bus tyres from […]
Michelin confirms the sale of part of its shareholding in Symbio to Stellantis, completed on July 27. It enables Stellantis to acquire a stake alongside Michelin and Forvia in the leading company for fuel cell mobility, with each shareholder holding 33.33%. The announcement is another step towards the decarbonization of the mobility industry and illustrates […]
Continental Tyre South Africa (CTSA) has appointed Olaf Kreis as its new Plant Manager for the Gqeberha-based operations, which is the German company’s only tyre manufacturing plant in Africa. Kreis brings a wealth of automotive industry experience and a people-centric leadership style to his role thanks to his extensive background spanning 32 years in the […]
As the memories of the massively successful 2022 linger on, we welcome the 6th edition of Festival of Motoring. Get ready to shift into a new gear, including new brands, experiences, and on-track action to enthral visitors, young and old. Powered by WesBank the event takes place from 25-27 August at the legendary Kyalami Grand Prix Circuit. The […]
Toyo Tire has received the Red Dot Award for Product Design 2023 for its Proxes Sport 2. The Red Dot Design Award has a history of more than 60 years since its inauguration in 1955. Organized by the Design Zentrum Nordrhein Westfalen of Germany, it is known as one of the world’s three largest design […]
On 22 July, in honour of Nelson Mandela’s 67 years of service to the people of South Africa, Wheel Well donated car seats to families who would not otherwise be able to afford these vital safety devices. The seats were available on a first-come, first-served basis at Supa Quick Fourways. Wheel Well is a non-governmental […]