Lassa Tyres used Autopromotec as the platform from which to launch three new products as well as for showcasing 21 different types of tyre. Two of the new tyres are winter tyre patterns, namely CompetusWinter 2 and Wintus2. Lassa also…
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Toshiba Expands Range of Automotive N-ch MOSFETs
Toshiba America Electronic Components, Inc. (TAEC)*, a committed leader that collaborates with technology companies to create breakthrough designs, today announced the expansion of its lineup of automotive N-channel power MOSFETs with the launch of two new devices: TK160F10N1 and TK200F04N1L. Target…
Goodyear Tire & Rubber Co VP Richard J. Noechel Sells 20,853 Shares (GT)
Goodyear Tire & Rubber Co VP Richard J. Noechel sold 20,853 shares of the stock on the open market in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of US$31.21, for a total…
Mazda recalls 75,000 cars in Japan after Takata expands U.S. recall
Mazda Motor Corp (7261.T) on Thursday filed a recall for 75,000 cars in Japan to replace air bag inflators made by Takata Corp (7312.T) after the Japanese supplier was ordered to expand a multi-million-vehicle recall in the United States. Of…
Former head of Toyota’s Canadian operations named automotive adviser
The former head of Toyota’s manufacturing operations in Cambridge and Woodstock will chair a new committee that will try to attract more automotive industry investment to Canada. Ray Tanguay, who retired as chair of Toyota Motor Manufacturing Canada in March,…
Rubber glove makers call for a delay in gas tariff revision
Rubber glove makers are asking the Government to delay the revision of natural gas tariff by four months. The Malaysian Rubber Glove Manufacturers Association (MARGMA), responding to Gas Malaysia Bhd’s Tuesday announcement of the tariff revision effective July 1, said…
Goodyear Tire & Rubber Co Price Target Raised to US$34.00 (GT)
Goodyear Tire & Rubber Co (NYSE:GT) had its target price lifted by Deutsche Bank from US$31.00 to US$34.00 in a research note released on Monday morning. They currently have a hold rating on the stock. A number of other analysts…
Study forecasts growth for German tyre market
Germany’s tyre market is set to have a compound annual growth rate of more than 7 % until 2020, according to a study from TechSci Research. “Rise in automobile production and sales coupled with growth in research and development investments…
Goodyear Reaches Supply Agreements for Rice Husk Ash Silica
The Goodyear Tire & Rubber Company has reached a supply agreement with Yihai Food and Oil Industry in China for silica derived from rice husk ash. Goodyear will begin using the silica this year in a consumer tyre that will…
TVS Srichakra-Michelin ink two wheeler tyre pact
French tyre maker Michelin has entered into a contract manufacturing agreement with TVS Srichakra to manufacture bias motorcycle and scooter tyres designed by Michelin for the Indian market. Under the deal, a new production line will be set up inside…