Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
Nokian Tyres’ Board of Directors has approved the company’s long-term financial targets for the next five years. The Board has also confirmed the previously announced non-financial targets. Nokian Tyres’ long-term financial targets are: • Growth: Net sales EUR 2 billion • Profitability: Segments operating profit* at the level of 15% • Capital structure: Net debt/Segments […]
Hankook Tire‘s electric vehicle (EV) tire brand, iON, won four awards in the product design category at the Red Dot Design Awards 2023. The awarded products include iON evo, iON evo AS, iON i*cept, as well as iON, the official EV racing tire for the ABB FIA Formula E GEN 3 vehicle. In May last year, […]
Brace yourselves for the ultimate car experience! The Festival of Motoring, South Africa’s most exciting gathering of automotive enthusiasts and top car manufacturers, is revving up for its sixth edition from 25-27 August 2023. WesBank, who powered four previous editions of the Festival, will return as the naming rights partner. The Festival will also feature […]
Dunlop Tyres South Africa honoured its top performing independent franchise owners at the recent Dunlop Dealer of the Year 2022 Awards, which were held virtually on 28 March 2023. The prestigious annual awards ceremony celebrated product and service excellence in Dunlop’s four tyre retail categories serving unique areas of the market. Lubin Ozoux, CEO of […]
Chinese tyre group SAILUN continues to take off. According to Brand Finance, SAILUN continues to climb step by step in the rankings of the world’s strongest and most valuable international tyre brands in 2023 and is currently in 11th place (2022: 12th place as newcomer in the TOP 15). In addition, SAILUN rose to become […]
Snap-on announced a new software release, which is now available for the US, European and Asian markets. The company said new features and coverage, plus everything from previous releases, give technicians the opportunity to take advantage of state-of-the-moment diagnostic solutions to perform fixes that lead to complete repairs and satisfied customers. The company says new features […]
Develops passenger vehicle tyres with 75% sustainable materials Apollo Tyres is readying itself for sustainable mobility solutions. After producing sustainable Agri tyres, the company has now developed passenger vehicle tyres with 75% sustainable materials. The newly developed passenger vehicle tyres, containing 75% sustainable materials, comprises many featured compounding ingredients in different components of the tyres, […]
According to the J.D. Power 2023 U.S. Original Equipment Tire Customer Satisfaction Study, Michelin ranked highest in the luxury segment for the 20th consecutive year, and Pirelli ranked highest in the passenger car segment for the second consecutive year. Related Articles J.D Power’s customer satisfaction survey for OE tires found that consumer satisfaction increased to 799 (on a 1,000-point scale) in […]
Michelin Driving Data to Intelligence (DDi) has announced its latest service, Wrong Way, which is directed at making roads and travel even safer for driver This latest service – part of the “Safer Roads” suite of services – is designed to help identify the locations where wrong-way driving is happening, said Michelin. Typically, the company says […]
Michelin wins two awards at the Tire Technology Expo 2023, including the Tire Manufacturer of the Year award During Tire Technology Expo 2023, which takes place from March 21-23 in Hannover, Germany, Michelin won two international awards, bestowed by a panel of experts from the tire industry, the academic world, and the press: The only […]
Nokian Tyres announces its commitment to further reduce greenhouse gas emissions, aiming to achieve the Net-Zero Standard by 2050. The company also publishes its Corporate Sustainability Report 2022 disclosing the latest development on its work on sustainability, for which the net-zero commitment is a natural continuation. Nokian Tyres has committed to set near- and long-term […]
Netherlands based OTR tire designer and manufacturer Magna Tyres recently returned to the ConExpo Show in Las Vegas for the third time after a five-year gap due to Covid restrictions. The ConExpo Show is a highly important event for Magna Tyres as their ongoing development in the North American OTR tyre market continues to evolve […]