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March 2016

JK Tyre to manufacture two wheeler tyres instead of using the trading route.

Posted: March 29, 2016 at 10:27 am   /   National, Reader's Choice, Tyre Industry

JK Tyre & Industries Ltd. is a name that has been synonymous with manufacturing of radial tyres for cars, buses & trucks. JK Tyre has now decided to jump into the two-wheeler tyre market to further expand its product range & take on some of the other big boys such as MRF & Apollo who recently […]

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Yokohama Rubber Co. to buy Alliance Tire Group.

Posted: March 29, 2016 at 10:20 am   /   Editor's Choice, Featured, National, Tyre Industry

When Tyre Times broke the news of Yokohama planning to buy Alliance Tire Group on March 7th, their still was an air of uncertainty to the news. However, it has now been confirmed that Yokohama Rubber Co has agreed to buy out Alliance Tire Group (ATG), controlled by US private equity giant KKR, for about […]

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Volkswagen facing billion dollar lawsuits.

Posted: March 29, 2016 at 10:13 am   /   Editor's Choice, Featured

In a news printed in Guardian newspaper, it was reported that a number of institutional investors have filed a multi-billion dollar lawsuit against Volkswagen claiming that the company failed to properly inform the stock market about last year’s emission scandal between June 2008 and September 2015. Nearly 300 investors from around the world are now […]

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Nexen Signs Official Two-Year Partnership with Formula Drift.

Posted: March 29, 2016 at 10:05 am   /   International, Tyre Industry

As a part of Nexen Tire’s new sports marketing strategy in the Motorsports space, the leading South Korean tyre maker has announced its collaboration with the premier drifting series in United States called Formula Drift. Nexen Tire will be the ‘Official Major Partner’ for the 2016 & 2017 racing seasons of Formula Drift. In addition […]

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Pirelli P Zero selected as OE on Maserati Levante.

Posted: March 29, 2016 at 9:50 am   /   International, Reader's Choice, Tyre Industry

The Levante, launched at this year’s Geneva Motor Show, marks Maserati’s entry into the SUV segment. Pirelli reports on its partnership with Maserati to develop original equipment tyres specifically suited to the Levante’s performance and handling requirements; the company will supply its latest-generation P Zero tyres as standard fitments on all Levante models. According to […]

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Bridgestone recognized for supporting FTA carbon scheme.

Posted: March 29, 2016 at 9:48 am   /   International, Reader's Choice, Tyre Industry

Bridgestone Tyres was recognised for its continuing support of the Freight Transport Association’s Logistics Carbon Reduction Scheme (LCRS) during last week’s successful Skills Summit at Coventry’s Ricoh Arena. As Bridgestone enters its fifth year of partnership with LCRS and membership reaches 120 companies, FTA was delighted to present the LCRS Industry Plaque to Bridgestone Tyres […]

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Triangle opens high performance tyre plant in China.

Posted: March 29, 2016 at 9:41 am   /   International, Reader's Choice, Tyre Industry

China’s Triangle Group Co. Ltd. has begun production of high-performance car tyres at its newest plant, in Weihai Nanhai New District in Shandong Province. The plant, with a Phase I capacity of 4 million units a year, is part of a $1 billion investment package that also will include a tyre proving ground for the […]

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Hankook to improve brand positioning through its US plant.

Posted: March 29, 2016 at 9:36 am   /   Editor's Choice, International, Tyre Industry

Hankook Tire will have its first U.S. plant up and running by the end of the year at a total cost of $800 million as the South Korean company seeks to expand its Asia-centered supply network to North America, boosting brand strength & market share in the process. The plant, which will be constructed in […]

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New car tyres are seen inside the Clairoix Continental tyre factory March 12, 2009 the day after announcements that the company will cut nearly 2,000 jobs and close production at two high-cost European tyre manufacturing sites amid a severe crisis in the auto industry. Production capacity of 8 million car tyres annually in its French site in Clairoix would affect some 1,200 employees.      REUTERS/Benoit Tessier (FRANCE TRANSPORT BUSINESS) - RTXCOHY

Continental AG Hires Manager of Commercial Tyre Media Relations.

Posted: March 29, 2016 at 9:33 am   /   Editor's Choice, International, Tyre Industry

Continental AG’s Commercial Vehicle Tyres business unit recently hired Michael Nehring as manager of media relations. Michael’s responsibilities will  include the worldwide media work for the business unit, media monitoring, & tasks regarding internal communication. Nehring reports to Dr. Christiane Pfeiffer, who heads up worldwide communications for Commercial Vehicle Tires. Nehring replaced Thomas Recke, who […]

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Yokohama to supply OE for New Chrysler Pacifica.

Posted: March 29, 2016 at 9:30 am   /   International, Tyre Industry

Yokohama Tire Corporation has added the 2017 Chrysler Pacifica as the new star to its ever-growing OE fitments portfolio. The new Chrysler Pacifica will use the Yokohama AVID S34RV tyre in the size 235/65R17 with a speed rating of 104T. The OE fitment will cover both the U.S. & Canadian markets. Speaking on the occasion, […]

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