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THE SATREADS ARCHIVE

Stories

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

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 […]

Over 100 youth to benefit from Dunlop’s Business in a Box in KZN Premier-backed partnership

Over 100 youth to benefit from Dunlop’s Business in a Box in KZN Premier-backed partnership

Dunlop Tyres’ entrepreneurship booster programme – Business in a Box (BIBs) – has been selected as a strategic employment initiative by the KwaZulu-Natal Premier’s Office under the Youth Development Fund. 17 young entrepreneurs, after a rigorous selection process, have benefited from the partnership to own a Dunlop Business in a Box tyre fitment facility. The […]

Goodyear South Africa Appoints New Managing Director

Goodyear South Africa Appoints New Managing Director

Goodyear South Africa has appointed Paul Gerrad to the position of Managing Director effective from 1 May 2024. Gerrard takes over from Richard Fourie, who led the company for two years from April 2022. A seasoned leader with deep experience in operations and supply chain gained from the automotive industry in South Africa and abroad, […]

SA Treads Digital April/May Edition Out Now

SA Treads Digital April/May Edition Out Now

DOWNLOAD The latest Edition of SA Treads Digital – April/May 2024 Now available ⬇️⬇️⬇️ The South African economy remains under pressure, mainly due to supply-side constraints in the electricity and logistics sectors. This, according to www.delotte.com. 2023 was a difficult year for the South African economy, Investec adds, but this year looks to see some improvement from the […]

Mitas, Trelleborg to increase prices globally

Mitas, Trelleborg to increase prices globally

Effective starting in May, Mitas and Trelleborg will adjust prices globally, with an increase of up to 5% across all segments. The company said this decision is a response to significant inflation experienced over the past two years, coupled with rising costs of raw materials, as well as increased inbound logistics expenses. Specific details regarding the actual increase will […]