Pirelli Tyre S.p.A. continued its drive into the premium OE sector last year, gaining 213 homologations in the premium and prestige sectors, a 6-% gain over 2013, the tire maker said on the eve the 2015 Geneva International Motor Show.…
Category: Industry News
New Firestone Multiseason
Firestone announces the launch of its brand new Multiseason tyre, the brand’s first all-season tyre. Bridgestone – which purchased Firestone worldwide in 1988 – has recently invested in Europe to provide the Firestone brand with a highly competitive product and…
Continental Summer Tyre is tops in Russian magazine survey
In its latest issue, the Russian specialist car magazine “Za Rulem” published its summer tyre test – with the ContiPremiumContact 5 taking the lead in the test field. Altogether, the experts from Moscow tested 11 tyre models from European and Asian…
Automotive Tire Market Worth 666.6 Million Units by 2019
The report “Automotive Tire Market by Type (Radial, and Bias/Cross ply), Section Width (<200 mm, 200-230 mm, and >230 mm), Aspect Ratio (<60, 60-70, >70), and Aftermarket (Radial, and Bias/Cross Ply) – Global Trends and Forecast to 20199”, defines and…
Apollo embraces biodiversity conservation
Apollo Tyres Ltd. recently showcased its commitment to biodiversity in a big way. The India-based tire manufacturer inaugurated two butterfly gardens within the premises of its two manufacturing facilities in Kerala in the southern part of the country. The company…
Government intervenes to prop up prices of rubber stockpiles
The government is selling surplus rubber stockpiles directly to China as it buys up supplies from farmers in the world’s largest producer to prop up prices. Prime Minister Prayut Chan-o-cha set aside 12 billion baht to purchase domestic rubber at…
The Global Automotive Safety Systems market to grow within next 5 years
The Global Automotive Safety Systems market to grow at a CAGR of 9.43% over the period 2014-2019. Automotive safety is the procedure of designing and constructing the safety systems of a vehicle as per the standards and regulations prescribed by…
Hexion Inc. to Showcase two automotive composites at JEC
In collaboration with industry partners, Hexion is continually refining its resin portfolio in response to manufacturers’ increasing interest in composites as lighter weight alternatives to metal. These two new applications represent advances in resin technology that can help manufacturers reduce…
India’s Feb natural rubber imports jump 42 %
India’s natural rubber imports in February jumped nearly 42 % to 28,806 tonnes from a year earlier as lower prices in the world market prompted tyre makers to raise overseas purchases, a government official, who declined to be named, told…
Morningstar gives Delphi Automotive “BBB” rating
Delphi Automotive PLC has earned a “BBB” credit rating from analysts at Morningstar. The investment research 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…