← Back to home
THE SATREADS ARCHIVE

Stories

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

Hyundai approves three Continental tyre models for its Tucson

Hyundai approves three Continental tyre models for its Tucson

The Hyundai Motor Group relies on Continental’s original equipment expertise for its Tucson. The South Korean car manufacturer has given Continental three approvals for its SUV. The Tucson runs worldwide from the factory on either energy-saving EcoContact 6 or comfort-optimized PremiumContact 6 tyres. For the Asia-Pacific region, Hyundai has also approved the CrossContact LX Sport, which is designed […]

Yokohama Rubber Q1 2024 sales up 23.5% y/y

Yokohama Rubber Q1 2024 sales up 23.5% y/y

Yokohama Rubber revealed its business and financial results for the Q1 of fiscal 2024 (January to March). Sales revenue increased 23.5% over the same period of the previous year, to 252.4 billion yen (approx. $1.6 billion); business profit increased 91.0%, to 24.9 billion yen (approx. $158 million); operating profit increased 102.6%, to 26.8 billion yen (approx. […]

Apollo Tires US opens new Atlanta, GA office

Apollo Tires US opens new Atlanta, GA office

Apollo Tires US recently opened its new office in Atlanta. The company said this new office stands as the operational heart of the North American activities. Apollo Vice Chairman & Managing Director Neeraj Kanwar led the inauguration of the company’s new office in Atlanta’s King & Queen building. “The opening of our new office in the […]

Vredestein expands its range for premium and luxury SUVs

Vredestein expands its range for premium and luxury SUVs

Apollo Tyres Ltd, has expanded Vredestein’s range for premium and luxury SUVs. Vredestein Pinza HT (highway terrain), a global product, has been introduced for the premium SUVs in India in 16 – 18 inch sizes, while the existing Vredestein Ultrac Vorti i has been expanded for luxury SUVs by introducing it in 21 and 22 […]

THE TIRE COLOGNE 2024 TO SHOWCASE NEXT WEEK

THE TIRE COLOGNE 2024 TO SHOWCASE NEXT WEEK

From 4 to 6 June, THE TIRE COLOGNE 2024 will once again present itself as the indispensable global meeting place for professionals in the tire and wheel industry. With its unique global focus on tires and wheels, the trade fair is the number one platform for innovative solutions, knowledge exchange and business opportunities. “With a […]

MIWA launches Short Skills Training Project to upskill members

MIWA launches Short Skills Training Project to upskill members

In a significant step to address crucial skill gaps within the automotive aftermarket repair and maintenance sector, the Motor Industry Workshop Association (MIWA), together with the Retail Motor Industry Organisation (RMI), have secured R23,5 million funding from merSETA for a number of critical technical and non-technical short skills programmes identified by members. This is the […]

Yokohama Rubber expands motorsports tire production capacity at Mishima Plant

Yokohama Rubber expands motorsports tire production capacity at Mishima Plant

Yokohama Rubber plans to expand motorsports tire production capacity at its Mishima Plant in Mishima City, Shizuoka Prefecture in Japan. Yokohama Rubber will invest about ¥3.8 billion (approx. $24.2 million) in a new line that will produce 18-in. and larger motorsports tires, expanding the plant’s capacity for motorsports tires by 35%. Construction will begin in the […]

MICHELIN Connected Fleet lends its voice to the CILTA Safety and Security Summit

MICHELIN Connected Fleet lends its voice to the CILTA Safety and Security Summit

MICHELIN Connected Fleet has once again demonstrated its support towards strengthening South Africa’s transport and logistics sector by sponsoring the Chartered Institute of Logistics and Transport (CILTA) Safety and Security summit. The theme of the summit was Navigating Safety and Security Risks in Logistics, Transport and Supply Chain. The event brought together leading local and […]

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 […]