Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.
The European Commission has initiated an unannounced inspection at Nokian Tyres plc’s (“Nokian Tyres”) headquarters in Nokia, Finland. The European Commission has expressed its concerns that the inspected tyre manufacturing companies may have violated EU antitrust rules that prohibit cartels and restrictive business practices. The Commission has concerns that the inspected companies may have violated […]
Enviro’s CEO, Thomas Sörensson, will represent Enviro and participate at the business seminar Sweden-France Business Forum: Accelerating Europe’s competitiveness, which is scheduled for January 31 in conjunction with the French state visit. The conference focuses on innovation and sustainability and among the participants are H.M. King, French President Emmanuel Macron, government representatives, and over 200 […]
Bridgestone Europe NV/SA has completed the sale of its Russian operations to S8 Capital, a diversified holding company based in Russia. The transaction, which has received all necessary regulatory approvals, includes a tire manufacturing plant in Ulyanovsk and a sales and marketing office in Moscow. The company, which first established its presence in Russia in […]
Bridgestone Americas says it marked its most successful year of integration of Bridgestone Fleet Care tire monitoring services in the U.S., surpassing 200 million annual tyre pressure readings in 2023. This marks the company’s highest annual total of tyre pressure readings to date across its truck & bus radial (TBR) and off-the-road (OTR) businesses, it said. […]
The Yokohama Rubber Co. is expanding the production capacity of Yokohama Tire Philippines, Inc. (YTPI), its passenger car tyre production and sales subsidiary in the Philippines. Yokohama Rubber plans to invest about 3.5 billion pesos (approx. $200 million) to expand the plant’s daily output capacity to 32,500 tyres, an increase of 1,800 tyres per day. In […]
The Goodyear Tire & Rubber Company announced that Mark Stewart has been elected chief executive officer and president, effective Jan. 29. He will succeed Richard J. Kramer, who previously announced his planned retirement from the company following 24 years of service, including 14 as chairman, CEO and president. On the effective date, Laurette T. Koellner, independent lead […]
At leading international trade fairs such as IAA Mobility, Continental is presenting innovative technologies that set new standards. One topic of focus is sustainability. As early as 2021, the tyre manufacturer focused on the use of silica from agricultural waste, polyester from recycled PET and other renewable and recyclable materials with the Conti GreenConcept concept […]
Hankook Tire executives announced a strategy to bring the company within the top five tyre manufacturers in the world during its Partner’s Day meeting held this week in Riviera Maya, Mexico. According to Hankook Tire North America President Rob Williams, Hankook ranks seventh in global tyre sales and sells tyres in about 160 countries. Global sales […]
A 50 per cent increase in exhibitors expected • Focus on relevant industry topics: sustainability and digitalisation • No. 1 business platform for the international tire industry With over four months to go until THE TIRE COLOGNE takes place, from 4 to 6 June 2024, the event is clearly right on track: around 90 per […]
Leading International OTR tyre manufacturer – Netherlands based Magna Tyres has announced the launch of its own in-house TPMS System on Tuesday 9th January as yet another additional service for its ever-increasing global customer base. Hein De Wind, Commercial Director at Magna Tyres says, “In line with the company’s dedicated objective of operating beyond the […]
Extreme E has revealed its calendar for the upcoming 2024 season, as the pioneering off-road racing championship gears up for its fourth campaign. Extreme E, the pioneering electric off-road racing championship, is pleased to announce the renewal of its partnership with Continental, the championship’s official tyre supplier and Founding Partner. This extension agreement signed on […]
Yokohama Rubber said it spun off the sales unit of its Vietnam tyre production and sales subsidiary Yokohama Tyre Vietnam Inc. (YTVI) into a new dedicated sales company, Yokohama Tyre Sales Vietnam (YTSV). YTSV will begin operations on Jan. 1, Yokohama Rubber said. The manufacturer said it considers the ASEAN region to be a high-priority market […]