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THE SATREADS ARCHIVE

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Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.

Apollo Tyres launches ‘test the Alpha challenge’ initiative

Apollo Tyres launches ‘test the Alpha challenge’ initiative

Testimony to company’s confidence on the performance of the product Showcasing confidence in the company’s two-wheeler radials, Apollo Tyres today introduced first-of-its-kind initiative ‘test the Alpha challenge’ in India; under this initiative, customers can buy the Apollo Alpha tyres, test it for 30 days, and will have the option of returning the tyres and getting […]

Young racing driver going places – at high speed

Young racing driver going places – at high speed

A business analyst by profession, 28-year-old Jonathan Mogotsi, is not only smart at hedging his own bets in tough economic times, he has exceeded his own childhood dreams. “If you had told me as a kid that not only would I be a racing driver, but an Ambassador for the one of the most world […]

Goodyear unveils unique Eagle F1 SuperSport tyre for Pure ETCR

Goodyear unveils unique Eagle F1 SuperSport tyre for Pure ETCR

Goodyear has revealed the bespoke Eagle F1 SuperSport race tyre that will be equipped to all cars in Pure ETCR, the world’s first all-electric multi-brand touring car series. Goodyear is the exclusive tyre supplier and founding partner of this exciting new racing championship. The unique treaded race tyre for Pure ETCR is the latest in […]

Goodyear’s title challenge back in action as WEC restarts at Spa-Francorchamps

Goodyear’s title challenge back in action as WEC restarts at Spa-Francorchamps

Goodyear’s World Championship title hunt gets ever-closer with the restart of the FIA World Endurance Championship (WEC) season at Circuit de Spa-Francorchamps this past weekend. The three Goodyear-equipped teams are eager to challenge for the win in the six-hour race after a long mid-season break. The full-season Goodyear partner teams – Jota Sport and Jackie […]

Bridgestone Southern Africa looks to first female CFO to navigate the volatile economy

Bridgestone Southern Africa looks to first female CFO to navigate the volatile economy

The 2018 Global Leadership Forecast found that gender-diverse organisations have higher quality leadership, are more agile, grow faster, and are more likely to experiment in pursuit of different and innovative approaches, and innovation is exactly what’s up Prinisha Khoosal’s sleeve as the first female Chief Financial Officer at Bridgestone South Africa. Khoosal could not have […]

Tyrexpo Asia 2021 Launches unique Hosted Buyer Programme

Tyrexpo Asia 2021 Launches unique Hosted Buyer Programme

Although it is still almost eight months until the next Tyrexpo Asia 2021 Show taking place in Singapore next March, new owners of this prestige event in the international tyre industry Tarsus Group, have confirmed over 100 exhibitors from around the world have committed their support for the exhibition. An extensive editorial and advertising marketing […]

SEMA cancels 2020 Sema Show due to Covid-19

SEMA cancels 2020 Sema Show due to Covid-19

SEMA, the Specialty Equipment Market Association, announced Wednesday that due to COVID-19 and concerns that event facilities and services will be unavailable, the SEMA Show will not be taking place in 2020. While both event organizers and industry members have been working tirelessly to deliver an outstanding SEMA Show in November, mounting uncertainty has rendered continuing with […]

Apollo Tyres first quarter revenue closes at US $372.83 million

Apollo Tyres first quarter revenue closes at US $372.83 million

The Board of Directors of Apollo Tyres Ltd has approved the company’s unaudited results for the 1st quarter of the financial year 2020-21. For the quarter ended June 30, 2020, Apollo Tyres Ltd, on a consolidated level, reported a revenue of US $ 372.83 million. While the pandemic deeply impacted the operations across geographies in […]

Michelin releases financials for six months ended June 30, 2020

Michelin releases financials for six months ended June 30, 2020

Supported by its diversified offering, engaged employees and robust financial position, the Michelin company says it is demonstrating its resilience through a crisis that is as intense as unprecedented The Group quickly deployed all the measures needed to safeguard employee health, ensure business continuity and conserve cash Despite collapsing markets and a 20.6% contraction in […]

Bridgestone Launches New Global Tagline toward a Sustainable Solutions Company

Bridgestone Launches New Global Tagline toward a Sustainable Solutions Company

Bridgestone Corporation unveiled its new global brand tagline during a virtual press conference live-streamed this month from the company’s Tokyo-based conference and training facility. The new “Solutions for your journey” tagline supports the company’s Mid-Long-Term Business Strategy Framework, which was also introduced at the press conference today by Bridgestone Global CEO and Representative Executive Officer […]

Covid-19 sees GOODYEAR Q2 SALES DROP 41%

Covid-19 sees GOODYEAR Q2 SALES DROP 41%

The Goodyear Tire & Rubber Co. reported a 41% drop in sales and 45% decrease in tyre unit volumes compared to a year ago in its Q2 2020 financial results, released Friday. According to the company, the decline was driven by lower industry volume and reduced sales from other tyre-related businesses. These factors were partially offset by improvements […]

Bridgestone creates job opportunities for SA youth

Bridgestone creates job opportunities for SA youth

With unemployment currently estimated at 35% – South African youth making up the majority – Bridgestone SA are putting their money where their mouth is and are generating lucrative career opportunities for young people. “Young people make up the segment most affected by unemployment,” said Julia Modise, human resources director at Bridgestone. “However, they are […]