Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Nexen Tire America recently published its 2023/2024 ESG report and earned a gold medal from EcoVadis, a global ESG rating agency. Nexen Tire has previously earned a bronze rating in 2021 from EcoVadis, followed by silver ratings in 2022 and 2023, and now achieving a gold rating this year, which signifies a top 5% placement. Nexen […]
Yokohama Rubber has developed a proprietary tyre design support system using explainable AI, known as XAI, a process for using AI that helps human users understand and explain AI’s results and output. The new system aids in creating desired tyre features by supplementing the knowledge and experience of development staff, making it easier for less-experienced staff […]
Apollo Tyres has received a silver rating from EcoVadis for sustainability excellence for the third consecutive year. The company said its score has improved from 56 to 70 over the past three years and now ranks in the top 5% of companies globally in the category of “manufacture of rubber tyres and tubes, retreading and rebuilding […]
The AV-24’s performance required precise control of grip and slippage from its Bridgestone racing tyres. The Indy Autonomous Challenge’s (IAC) self-driving AV-24 racecar set the record for the fastest autonomous hill climb at the Goodwood Festival of Speed. The car is operated by an AI driver developed by Team PoliMOVE-MSU, a collaboration between Politecnico di […]
Tiger Wheel & Tyre has announced a remarkable milestone in its ongoing growth and expansion strategy. Over the course of just six weeks, the company will open six new stores across South Africa, showcasing its strength and commitment to serving motorists nationwide. Credited with reinventing the wheel and tyre retail and fitment experience, in its […]
The Goodyear Tire & Rubber Company has released its 2023 report on corporate responsibility performance. The report details the company’s progress towards its short and long-term sustainability goals. Mark Stewart, CEO and president of Goodyear, said the company’s report shows how Goodyear employees worldwide are exploring new innovations and materials, implementing new strategies and giving back to their […]
The Goodyear Tire & Rubber Company has secured The National Association for Stock Car Auto Racing’s (NASCAR) largest sponsorship deal for 2024, worth $25 million annually and covers the 2023-2027 period. This partnership designates Goodyear as the official tire for NASCAR’s top three national series and title sponsor for the Goodyear 400 race in Darlington, […]
The legislation aims to increase competition with Chinese imports by providing a tax credit to reduce the cost of retreading tyres. U.S. Senator Sherrod Brown (D-OH) recently introduced the Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act, designed to support Ohio tyre producers and workers by lowering tyre costs. The legislation aims to […]
On 1 July 2024, SA’s favourite wheel and tyre retailer expanded its presence in the Windy City with the opening of a new Tiger Wheel Tyre store at the corner of Heugh Road and 3rd Avenue in Walmer, Gqeberha. To celebrate, the new store will run grand opening specials from 29 July to 3 […]
Two major French industrial leaders Danone and Michelin, the American start-up DMC Biotechnologies and Crédit Agricole Centre France, a key investor in the region, have agreed to create the Biotech Open Platform to bolster the development of advanced fermentation processes, particularly precision fermentation, on a larger scale. Precision fermentation is a revolutionary biotechnological process to […]
The Goodyear Tire & Rubber Company (NASDAQ: GT) (“Goodyear” or the “Company”) today announced that it has signed a definitive agreement to sell its Off-the-Road (“OTR”) tyre business to The Yokohama Rubber Company, Limited (TYO: 5101) (“Yokohama”) for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tyre business in connection […]
Bridgestone Corporation (Bridgestone) is proudly contributing a variety of tyres, services and performance products at the Olympic and Paralympic Games Paris 2024. As a Worldwide Olympic and Paralympic Partner, Bridgestone is committed to helping support and enhance the experience for all athletes, staff, fans and visitors in Paris. The company’s contributions to Paris 2024 operations […]