Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Tyre burst was implicated as a major contributor to road crashes in the Easter 2019 period, showing an increase of 18% compared to Easter 2018 according to the Preliminary Easter 2019 Road Safety Report¹. While various factors may result in a tyre bursting, such as structural damage, under-inflation, over-heating and travelling at above recommended speeds, […]
A new Tiger Wheel & Tyre has opened at Bedford Centre in Bedford Gardens, at the corner of Smith and Bradford roads. The new addition to the neighborhood brings with it the legendary, award-winning service that has made the brand South Africa’s best-loved and most trusted in the retail wheel and tyre industry. The new […]
The Yokohama Rubber Co., Ltd., has announced its business and financial results for the first half (January to June) of fiscal year 2019, which shows a decline in profit and sales revenue in that period. Profit attributable to owners of parent declined 6.2% from the same period of the previous year, to 16.7 billion yen (about […]
Sudden Rand weakness after a lengthy period of stability has put pressure on the fuel price and left South African fuel users at the mercy of international oil markets. This is according to the Automobile Association (AA) which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. Based on the […]
Toyo Tire Corporation will establish a new R&D Center, the first European technology development site, in western Germany (Willich, North Rhine-Westphalia). The center is planned to begin operation this fall with an objective of building a strong technical foundation in Europe by strengthening capability of product development, the company says. With the establishment of the […]
During the past year or so Netherlands based Techno Marketing Group (TMG) has taken the retail tire services market sector by storm with the introduction of the revolutionary and completely ‘unique’ E-CUBE compact mobile tire servicing unit. With this highly enterprising medium sized business adopting a familiar high profile presence at all major tire and […]
E-CUBE PRODUCT DEVELOPMENT UPDATE There is no doubt that in the past few years the flexible concept of mobile tire servicing has evolved into an increasing business opportunity for enterprising tire retailers and garage service providers throughout most European countries. So when the ‘totally unique’ 48 Volt E-CUBE, a revolutionary new type of mobile tire […]
Toyo Tyre Corporation will establish a subsidiary in the Republic of Serbia to construct and operate a new tyre manufacturing plant in Indijia City, the company announced July 30 2019. Toyo Tyre is supplying tyres for the European and Russian market from factories in Japan and Malaysia. As of 2022, the new manufacturing base in […]
Nokian Heavy Tyres is acquiring Finnish heavy equipment wheel company Levypyörä Oy. With its two business lines, wheels and steel structures, Levypyörä serves several original equipment (OE) manufacturers and aftermarket customers (AM) in forestry, agriculture and earthmoving applications. Annual net sales of Levypyörä is approximately 18 million euros ($19,956,636). “With the acquisition, Nokian Heavy Tyres […]
Michelin in the Africa, India & Middle East region will increase its tyre prices by 2 percent across the commercial light truck, truck and bus segments and by 2.5 percent in passenger car segment (with up to 4% increase in SUV segment). This price revision addresses an increase in the cost of raw materials, such […]
Cooper Tire & Rubber Company reported its results for the second quarter of 2019 this week, which showed a net income of $9 million, or diluted earnings per share of $0.18, compared to $15 million, or $0.30 per share, last year. Other highlights of the second quarter report include: Net sales decreased by 2.8% to $679 […]
Vipal Rubber recently participated in ProfiAuto Show 2019, which took place on June 8 and 9 in the city of Katowice, Poland. The action was a partnership with Vipal’s exclusive distributor in the Polish market, Arko-Gum, which has been working with the company in Europe for 9 years. At the trade show, Vipal showcased its […]