Morningstar has awarded Delphi Automotive PLC (DLPH with BBB credit rating. The firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a two star rating. A number of other firms have also…
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JK Tyre seek revision in inverted duty structure
JK Tyre & Industries has sought revision in inverted duty structure in the forthcoming Budget, saying it will offer a level-playing field to local tyre manufacturers. “We are probably the only country in the world with such an inverted duty structure…
Rogers Corp buys silicone subsidiary from Handy & Harman
The sale of its subsidiary Arlon LLC by Handy & Harman Ltd. to Rogers Corp has been finalised. Handy & Harman previously announced the agreement to sell Arlon, which manufactures silicone products in Bear, Del., on Dec. 19. The total…
Auto Innovation Report released
The newly-released Auto Innovation Report identifies the companies leading the way in innovation, and the segments which have grown the fastest over the last five years. The report explores the hot topic areas of interest, studying the technologies and companies…
Goodyear tyres recalled and sale of select General Motors SUV halted
General Motors has halted the sales of several thousand SUVs in the United States due to an inbound tyre recall from Goodyear. The auto maker sent a notice to dealers telling them to stop selling nearly 6300 of its Enclave, Traverse,…
Pirelli joins forces with MWSD
Truck and trailer wheel distributor Motor Wheel Service Distribution (MWSD) is now a preferred supplier for Pirelli UK Truck. The arrangement will see MWSD offering complete tyre and wheel fitted units for its range of Chevron marked steel wheels and…
BKT launches new interactive website
BKT Tyres have launched a new interactive website which is updated with brand-new contents. It represents a reliable platform for customers, users, partners and journalists all over the world offering technical and general information as well as updates on manifold…
Unsafe used tyres to be banned in the US
Several states are expected to consider legislation banning the sale of unsafe used tyres. The Rubber Manufacturers Association (RMA), the national trade association for tyres manufacturers supports the efforts to rid the roadways of dangerous safety risks. RMA says that…
Market-based approach in tyre management a success
The Rubber Manufacturers Association (RMA) has applauded the market-based approach to scrap tyre management which they say is a success and say it should continue to be a model for state action. RMA is participating in a scrap tyre forum…
Del-Nat assets acquired by TBC
TBC Corp has acquired the assets of Del-Nat Tyre Corp, including the ownership of all Del-Nat brands and trademarks. The acquisition of Del-Nat’s inventory, brands and trademarks will add both domestic and international customers to TBC’s portfolio, enhancing its distinction…