Apollo Tyres, India’s major tyre manufacturer, represented by Mohammed Assulaimy Auto Parts Centre in the Sultanate of Oman, is aiming at a major share in the Oman’s automotive market with its latest addition for the passenger and commercial vehicle tyres.…
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Toyo increases NanoEnergy tyre range
Toyo Tyre Malaysia Sdn Bhd has launched ecologically sound NanoEnergy 3, which is designed for compact and saloon cars. It is the latest addition to the NanoEnergy range of tyres. The company said NanoEnergy 3 tyres will deliver improved fuel…
TVS launches new agri radial tyre
TVS Srichakra, the manufacturer and exporter of a large range of off-road tyres in India, showcased its latest agri radial tyre Tigertrac for the European and global markets at the 28th International Tyre Fair held in Reifen, Germany. Organized by…
Apollo builds tyre plant in Eastern Europe
Apollo’s Board of Directors has recently green-lighted an investment of USD 685 million over four years to build a car and truck tire plant in eastern Europe, but until now the Indian tire maker had not released details about possible…
Southeast Asian rubber farmers changes crops
A slump in natural rubber prices to multi-year lows is spurring Southeast Asian farmers to turn to other crops and tappers to look for other jobs, potentially chipping away at a chronic supply overhang. Any crop shift won’t lead to…
Nexen gains Green Hive concept tyre award
Nexen Tire Corp. has been named a 2014 International Design Excellence Awards (IDEA) winner for its Green Hive concept tyre. The tyre, which Nexen said prioritizes usability, economy and sustainability for customers, features an innovative design that allows its tread…
Federal Corp. constructs second tyre factory in Taiwan
Taiwan tyre maker Federal Corp. has secured land in Taoyuan, Taiwan, for a second factory in that island nation. However, construction is not expected to begin until late this year, Federal Chairman Jamie Ma told Tire Business this week at…
Goodyear builds consumer tyre factory in America
Add Goodyear to the list of tyre makers planning to build or expand tyre plants closer to home. The Akron-based tyre maker said it plans to invest about $500 million to build a consumer tyre factory in North America or…
Taiwanese tyre manufacturer recalls Couragia tyres
Taiwanese tyre maker Federal Corp. is recalling 6,209 Couragia A/T tyres manufactured between May 2013 and April 2014 and sold in the U.S. and Canada. The tyres, size LT245/75R16 120/116Q 10PR, may suffer shoulder cracks caused by separation of the…
Kumho invests on electric car tyre
Kumho Tyres, South Korea’s leading tyre maker, is betting big on tyres for full-electric vehicles as the company’s future growth engine. “Years of experience in the EV market will give us a competitive edge when more electric vehicles go into…