Technavio has published a new report on the passenger car tire market in Australia. The market is expected to grow at a CAGR of more than 2% from 2015-2019. According to the latest report by Technavio, the need for replacement…
Category: Industry News
Sebastian Vettel in row with Pirelli after tyre failure
Sebastian Vettel is angry at Pirelli after a second tyre failure at the Belgian Grand Prix. The four-time world champion described the failure, just after the 180mph Eau Rouge swerves, as “unacceptable”. It was the second tyre failure of the weekend…
Green Rubber Global gets USD8.3M worth of new equipment for new plant
Rubber recycler Green Rubber Global purchased a total of USD8.3M worth of equipment for their new plant in Putra Industrial Park in Selangor, Malaysia. The equipment was bought from YMS Processing Pte Ltd. The new machinery will be housed in…
Sumitomo’s earnings drop in the first half of 2015
Sumitomo Rubber Industries report a drop in income in the first half of 2015. Operating income was down by 16.6% to USD243.4M. Net earnings were also down by 8.4% to USD 166M. Conversely, the total sales were up by 2.7%…
“McGee University” trains employees
McGee Auto Service & Tires launches “McGee University”, a year-long education programme to train eight select technicians to step up from General Maintenance Technicians to Automotive Service Excellence (ASE) Certified Master Technician status. The Master Technician status is considered a…
Avon tyres to top bill in Classic TT and Manx Grand Prix
The Classic TT and Manx Grand Prix starts this weekend. We can’t predict who will win yet, but it looks like Avon tyres is winning a lot already. Avon Tyres Motorsport’s Steve Smith said, “Just about all competitors in the…
Goodyear names new President-elect for Asia Pacific Unit
Goodyear Tire & Rubber Company recently named Chris Delaney the new president-elect of its Asia Pacific business unit. He’ll be joining the company today and will take over formally on January 1st of next year. The position was formerly held…
RISDA, Felda and Felcra team up for rubber projects
The Rubber Industry Smallholders Development Authority (RISDA) will team up with the Federal Land Consolidation and Rehabilitation Authority (Felcra) and the Federal Land Development Authority (Felda) for future projects for rubber farmers in Malaysia RISDA’s Regional Development Minister Datuk Seri Ismail…
Sumitomo offers rebates to tyre buyers
Japanese tyre maker, in its latest mail-in rebate promo offering, “Enhance your Drive, Enhance your Savings”, says that its US customers are getting the chance to win gift cards worth US$50 each when they buy four units of the HTR…
Air-bag inflators to be bought from Takata rival by Toyota
In its effort to evade the risk from lethal air-bag inflators supplied by Takata Corp, Toyota will now buy them from Nippon Kayaku Co. Nippon has been asked by Toyota to supply 13 million inflators from next July till 2020.…