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THE SATREADS ARCHIVE

Stories

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

Michelin sponsors WWII vets’ return to Normandy for D-Day 80th anniversary

Michelin sponsors WWII vets’ return to Normandy for D-Day 80th anniversary

Michelin North America has partnered with the Best Defense Foundation and Delta Air Lines to arrange for 60 World War II veterans to return to Normandy, France, for the 80th anniversary of D-Day. The veterans, accompanied by volunteers from Michelin, Delta and Best Defense, will take a chartered flight on June 2. They will participate in […]

Apollo Tyres FY24 net profit up 65%

Apollo Tyres FY24 net profit up 65%

The Board of Directors of Apollo Tyres Ltd has approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2023 – 24. The Board recommended a dividend payout of Rs 6.00 per equity share (600%), on face value of Re 1 each for FY24, subject to the approval […]

TYREXPO ASIA 2024 THAILAND HERALDED A GREAT SUCCESS!

TYREXPO ASIA 2024 THAILAND HERALDED A GREAT SUCCESS!

Tyrexpo Asia 2024 Thailand, which took place from 15-17 May, in Bangkok, was heralded a great success for new organisers – Informa Markets – who took over from Tarsus, earlier this year. Officially opened by local government figures, amid much pomp and ceremony, the event was a first for this Asian country, a location that […]

Continental acquires mold specialist EMT for commercial and specialty tyres

Continental acquires mold specialist EMT for commercial and specialty tyres

Continental has acquired the mold manufacturing specialist EMT s.r.o. based in Púchov, Slovakia. All shares of Continental’s long-standing supplier were transferred to Continental effective April 2. The tire manufacturer had entered into a respective agreement with EMT’s shareholders, Dynamic Design (Romania) being the majority shareholder. All 107 employees, who have specialist knowledge in mold manufacturing, have […]

Goodyear America Q1 2024 sales down, but net sales up Y/Y

Goodyear America Q1 2024 sales down, but net sales up Y/Y

The Goodyear Tire & Rubber Company said its first quarter 2024 sales were $4.5 billion, with tire unit volumes totaling $40.4 million. For the first quarter, Goodyear’s net loss was $57 million compared to a Goodyear net loss of $101 million a year ago. Leadership said the year-over-year improvement was driven by increases in segment operating income. […]

TRS celebrates 20 years of partnership with Vipal in South Africa

TRS celebrates 20 years of partnership with Vipal in South Africa

Tyre & Retread Supplies (TRS), based in Johannesburg, recently celebrated two decades of partnership with Vipal Rubber. As the exclusive distributor of Vipal products in its operating market, TRS plays a fundamental role in expanding Vipal’s presence on the African continent. “TRS is our distributor of patches and repairs, covering the territories of South Africa, […]

Global Tyre Market Forecast to Reach $280 Billion in 2024

Global Tyre Market Forecast to Reach $280 Billion in 2024

The global economic climate for all tyre end uses and types is expected to grow in volume and in value terms through 2024, with specialty applications like motorcycles, high-performance vehicles and OTR tyres leading the market. This, according to Smithers latest market report, ‘The Future of Global Tyres to 2024’, which forecasts the global tyre […]

Dunlop Westville – The Ideal Retail Testing Platform

Dunlop Westville – The Ideal Retail Testing Platform

When Sumitomo Rubber South Africa’s (SRSA) flagship store – Dunlop Retail and Technical Centre in Westville – first opened its doors in November 2022, its purpose was to serve as a fully operational testing ground for product positioning, customer service and training. Presently, this premium outlet continues to set the benchmark within their network, with […]

Goodyear Racing continues to push forward sustainability in WEC

Goodyear Racing continues to push forward sustainability in WEC

The first round of the FIA World Endurance Championship in Qatar marked LMGT3’s arrival to the championship, with Goodyear as the exclusive tyre supplier. Through its new specification of LMGT3 tyre and improvements to the logistical component of supporting the category, Goodyear has supported WEC and the FIA’s sustainability objectives to make the sport cleaner […]