Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Following the launch of the MICHELIN Agilis CrossClimate tyre last year, Michelin continues to develop its range for light-duty vehicles with the new MICHELIN Agilis 3. This summer tyre is said to provide a high level of safety on wet roads and excellent energy efficiency (fuel economy and reduction of CO2 emissions1 ), while guaranteeing […]
Registration has opened for the Tire Industry Association’s (TIA) host hotel, The Cosmopolitan of Las Vegas, and for attending the 2020 Global Tire Expo (GTE)/SEMA Show. TIA will hold all but one of its pre-show events at The Cosmopolitan on Nov. 2. The GTE/SEMA Show starts the next day and runs through Nov. 6 at the […]
To help alleviate the pressures America’s food banks are facing to supply meals to communities impacted by COVID-19, Roll by Goodyear, an innovative new tyre buying and installation provider in the greater Philadelphia and Washington, D.C. markets, will donate the cost equivalency of 100 meals to Feeding America for every tyre sold. This donation will […]
The Yokohama Rubber Co., Ltd. posted a 90.4% decline in operating profit (1.2 billion yen, or about $11 million; down from 2019’s 12.878 billion yen, or about $120 million) in the first quarter of 2020. The company also posted a 258 million yen (about $2.4 million) loss in Q1, compared with 9.1 billion yen (about $85 million) […]
The French government has just announced an ambitious plan to support the automotive industry in France. Globally, the automotive industry has been severely impacted by the Covid-19 crisis, at a time when it was already facing the need for far-reaching structural changes associated with the environmental transition and the digital revolution. In the midst of […]
Houston, June 1, 2020: In a concerted move to accelerate its global expansion efforts, the India-headquartered tyre major, JK Tyre & Industries Ltd., which is among the world’s top 25 tyre manufacturers, today announced commencement of operations in the United States. JK Tyre has set up a new entity – Western Tires INC – based […]
The Goodyear Tire & Rubber Company and Enovos will build two photovoltaic power stations at Goodyear’s testing facilities in Colmar-Berg, Luxembourg. The two stations will produce annually around 5 GWh and reduce carbon emissions by 46.3 tons, providing clean energy for around 1,200 households for the next 20 years. As part of the company’s Goodyear […]
CHASE YOUR DREAM, NO MATTER WHAT The 2020 Olympics in Tokyo may have had to be postponed due to Covid-19, but this in no way diminishes Bridgestone’s significant role as a Worldwide Olympic and Paralympic partner. For Bridgestone South Africa, this historic sponsorship with the world’s largest and greatest sporting event, provided the ideal platform […]
European FinTyre Distribution Limited (EfTD), one of the largest Pan European tyre distributors, today announced the signing of a definitive agreement to acquire the privately held Reifen Krieg Group, a leading full-range tyre wholesaler in Germany. Reifen Krieg’s current owners, Holger Krieg and Tobias Fink will continue to be 100% operational as the group’s managing directors. […]
The new Pirelli Cinturato P7, a high-performance summer tyre, is said to deliver increased safety, efficiency, and sustainability. It follows on in the great tradition of the Cinturato, with 70 years of history behind it, as well as capitalising on all the lessons learned from the continuous development of the previous-generation P7. This new tyre […]
Messe Frankfurt South Africa has made the decision to postpone the Festival of Motoring to August 2021. The Festival of Motoring presented by WesBank is the largest automotive show on the African continent and the only national industry supported event endorsed by the National Association of Automobile Manufacturers of South Africa (NAAMSA). “In light of […]
Sales decline due to the worldwide economic downturn and slowing consumer sentiment caused by the spread of COVID-19 High inch tire (18 inches and over) sales growth continue with sales ratio reaching 33.7% within PCLT, a 2.7%p increase Global tyre maker, Hankook Tire announced today the company’s 2020 Q1 financial results with consolidated global sales […]