Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Nokian Tyres broke ground last week for the company’s new passenger car tyre factory in Oradea, Romania. The groundbreaking ceremony for the tyre industry’s first zero CO2 emission factory was honoured by the presence of the Prime Minister of Romania, Nicolae Ciucă. The President of the Bihor County Council, Ilie Bolojan, and other high-level Romanian […]
Michelin wins two awards at the Tire Technology Expo 2023, including the Tire Manufacturer of the Year award. For the 6th time, Michelin has won the Tire Manufacturer of the Year award at the Tire Technology Expo 2023 in Hannover, Germany. The Group also won the Environmental Achievement of the Year award thanks to its […]
Apollo Tyres has launched ‘AVOLVE’, to integrate mobility service business model into its operations. This Servitisation model would offer tailored solutions to the targeted customers, especially commercial vehicle fleet operators, and improve their operational efficiencies evolving their business to the next level. In today’s environment, commercial fleet operators are confronted with many challenges of increasing […]
Tyre recycler, Mathe Group and Van Dyck, manufacturer of recycled rubber flooring, (sister companies within the PFE International Group of companies), are staging a multi-million-rand comeback with multiple investments in their businesses in Hammarsdale, Kwazulu-Natal. British investor and CEO of both Van Dyck and Mathe Group, Dr Mehran Zarrebini, said that the pandemic had provided […]
With the highly anticipated Simola Hill Climb, starting in Knysna, Goodyear’s ultra ultra high performance tyres are the chosen tyre of choice by two prominent teams that will be taking to the Hill this weekend. “Goodyear South Africa is once again extremely proud to be partnering with Volkswagen Motorsport and Shelby teams at the 13th […]
With local tyre producers continuing to strive for sustainability, their production runs are being streamlined, thereby increasing the country’s dependence on imported tyres to meet market demand. The local four manufacturers alone import a fair amount of product to supplement their local production, especially for the truck tyre segment, but the last decade has also […]
Bridgestone Corporation announced that it successfully changed all electricity purchased energy to renewable energy sources at six tire and raw materials plants in Japan. The company said it began transitioning to renewable energy sources at two chemical and industrial products plants (Seki and Kumamoto Plant), and it plans to systematically expand the use of renewable energy […]
Nokian Heavy Tyres Ltd. commences change negotiations to adapt production to the change in the market and demand situation. The change negotiations concern the Nokia factory employees of Nokian Heavy Tyres Ltd., altogether some 160 people. The possible adjustment measures considered by the company could be layoffs of Heavy Tyres factory employees and shortening of […]
Following the outstanding success of the Tyrexpo Asia 2023 Show in Singapore during March 2023, Tarsus Group are now looking to expand their horizons in the global tyre and automotive aftermarket industry by staging the very first Tyrexpo Americas Show on the 5th and 7th December, 2023. This inaugural event will be held at Centro […]
Good day SA Treads readers! The May ’23 issue of SA Treads digital is now here, providing you the most recent developments from the tire business both locally and globally. We cover a broad variety of subjects in this issue, from industry news and events to brand triumphs and innovations. Interview: We begin with an […]
News – 2023 Bridgestone Transitions to Renewable Energy Sources for 100% of Electricity Purchased at Six Plants in Japan 2023/04/21 Tokyo (April 21, 2023) ― Bridgestone Corporation today announced that it has successfully transitioned all the electricity purchased to renewable energy sources at six tire and raw materials plants in Japan. The Company has also began […]
Nokian Tyres’ Board of Directors has approved the company’s long-term financial targets for the next five years. The Board has also confirmed the previously announced non-financial targets. Nokian Tyres’ long-term financial targets are: • Growth: Net sales EUR 2 billion • Profitability: Segments operating profit* at the level of 15% • Capital structure: Net debt/Segments […]