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Tyre Industry

ATMA Annual Convention Turns Spotlight on Tyre Industry -Auto OEMs Partnership.

Posted: January 17, 2018 at 10:16 am   /   Editor's Choice, Featured, National, NEWS, Reader's Choice

The first ATMA Annual Convention, poised to become the flagship event of tyre industry in India, will be held on 7th February 2018 at New Delhi. The theme of first Annual Convention is ‘Tyre Industry Taking India to the World. ‘Having played its well-deserved role as a lead sector of manufacturing, Tyre Industry in India […]

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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

Construction on Continental’s Mississippi training center set to begin.

Posted: January 17, 2018 at 10:14 am   /   Editor's Choice, International, NEWS

About two years after announcing it will build a $1.45 billion tyre plant west of Jackson, Mississippi, Continental Tyre is ready to start construction on its employee training centre in the area. The centre will be the first related facility completed and will be used for job interviews, employee onboarding and training. It is expected […]

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Hankook and Radical enter global tyre partnership.

Posted: January 17, 2018 at 10:13 am   /   International, NEWS, Reader's Choice

Hankook Tyre is providing original equipment tyres for the racing and road models made by British sports car manufacturer Radical. The South Korean tyre company said it is supplying the Ventus Race slick (F200) and rain version (Z207) motorsport tyres and its Ventus S1 evo² for Radical cars approved for road use. Through the partnership, […]

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Yokohama Rubber expanding off-highway tyre capacity in India.

Posted: January 17, 2018 at 10:11 am   /   Editor's Choice, National, NEWS

Yokohama Rubber has announced it will expand production capacity for off-highway tyres by adding new facilities at ATC Tyres, the Indian tyre manufacturing and sales subsidiary of the Alliance Tyre Group (ATG), which it acquired in July 2016. Construction of the new facilities will begin in February at the company’s plant in Dahej, Gujarat, India. […]

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Zenises now accepting Bitcoin currency.

Posted: January 17, 2018 at 10:10 am   /   International, NEWS, Reader's Choice

International tyre distributor Zenises announced in December that it is accepting Bitcoin for all of its traditional and online transactions. The business says it is the first company in the industry to accept the cryptocurrency. Zenises has been working with the technology at its R&D center in Madrid with the help of experts in the […]

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Continental in early talks about corporate restructuring.

Posted: January 17, 2018 at 10:08 am   /   International, NEWS, Reader's Choice

Continental said it is in the early stages of talks about a structural overhaul that would make the company more nimble as the car industry transitions to electric and self-driving vehicles. The auto parts and tyre maker is reviewing options for its future corporate structure and combustion engine business, according to Reuters. Rolf Woller, head […]

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Alliance Tyre Americas announces restructuring and new president.

Posted: January 17, 2018 at 10:07 am   /   Editor's Choice, International, NEWS

Alliance Tyre Americas (ATA) has announced that the company is combining its sales, operations and leadership responsibilities for the North American market and the South American region effective immediately. Under the leadership of new president Dhaval Nanavati, ATA will now serve customers from Canada to Chile. James Clark, president of ATA since 2014, is leaving […]

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Indian Tyre Industry to Grow at 8% in FY 2018.

Posted: January 17, 2018 at 10:05 am   /   Editor's Choice, Featured, National, NEWS

Despite the weak volumes during the rollout of GST in the first quarter and second quarter, the Indian tyre industry has found itself at a sweet spot with the expected growth of 7-8% i.e., (1,805 lakh tyres) during FY 2018. As per ICRA Limited (ICRA), an independent and professional investment information and credit rating agency […]

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Linglong researching aircraft tyre development.

Posted: January 11, 2018 at 9:27 am   /   Editor's Choice, International, NEWS

China’s Shandong Linglong Tyre is participating in a research project to develop radial tyres for large aircraft used in China’s civil aviation industry. At a project kickoff meeting held December 18, Linglong discussed research of advanced composite materials for aircraft radial tyres as one of the key projects being conducted by the National Natural Science […]

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Kumho Tyre debt deadline extended, business separates from parent company.

Posted: January 11, 2018 at 9:24 am   /   International, NEWS, Reader's Choice

Korea Development Bank (KDB) and other creditors of Kumho Tyre have agreed on a rollover of 1.9 trillion won ($1.8 billion) in debt that was due in late December, Korean news sources said. The month-long extension allows time to form a recovery plan to stabilize the tyre maker after the sale to China’s Doublestar failed. […]

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