– Transaction accretive to adjusted net income beginning in 2016 – No impact to 2015, 2016 financial targets or capital allocation plan The Goodyear Tyre & Rubber Company announced today that it has reached agreement with Sumitomo Rubber Industries, Ltd.…
Category: Industry News
Strong sales could shift Ford, GM to higher gear
Investors are closely awaiting next week’s May sales data, expected to come in near record levels. Meeting those forecasts could be enough to lift the sector – among the cheapest in the market – putting the sting of product recalls…
Mazda recalls 75,000 cars in Japan after Takata expands U.S. recall
Mazda Motor Corp on Thursday filed a recall for 75,000 cars in Japan to replace air bag inflators made by Takata Corp after the Japanese supplier was ordered to expand a multi-million-vehicle recall in the United States. Of that, about…
Dunlop provides new medium tyre compound
Dunlop has announced it is to introduce a new specification of medium tyre at the fourth round of the British Touring Car Championship at Oulton Park this weekend. The ‘Dunlop Sport Maxx BTCC Medium’ is set to fill the gap…
Global Nitrile Butadiene Rubber (NBR) Market Growth: Strong in Asia Pacific, Sluggish in North America
The top five companies in this market hold a significant 38% share. Continuous investment aimed at capacity additions is one of the promising trends in this industry. Manufacturers are investing in new machinery in order to maximize their use of…
Ethylene Propylene Diene Monomer (EPDM) Market
GrandViewResearch.com has announced the addition of “Global Ethylene Propylene Diene Monomer (EPDM) Market Analysis And Segment Forecasts To 2020? Market Research report to their Database. Global ethylene propylene diene market is expected to witness significant growth over the forecast period…
Glove makers climb on MERS outbreak in South Korea
Glove makers rose at midday on Thursday, bucking the cautious market, following news that the outbreak of Middle East Respiratory Syndrome (MERS) in South Korea had spread. Investors are expecting demand to pick up for gloves, though there could be…
Goodyear announces US$100M automotive supplier program
The federal government has announced the launch of a US$100 million auto supplier program to support new product development. The government will accept applications for contributions under the program starting today. He says the new fund will support innovation by…
Vivek Kamra replaces Arun K Bajoria as JK Tyre President
JK Tyre & Industries on Wednesday announced the appointment of Vivek Kamra as its President – India. The appointment comes in the wake of Arun K Bajoria’s elevation to the vital role of ‘Director and President – International Operations’. With…
Dunlop introduces new medium-compound BTCC tyre mid-season
Dunlop will introduce a new specification of medium-compound tyre to the British Touring Car Championship this weekend at Oulton Park. The series’ sole tyre supplier is replacing the previous control rubber from Oulton onwards with a slightly harder compound. Dunlop…