China’s leading e-commerce company Alibaba Group has announced that it will create its automotive division to integrate its automotive related services. “Currently, there are five teams under the new division” responsible for used cars, O2O (online to offline) service, car…
Category: Industry News
Apollo Tyres begins construction of 2nd European plant
India-based Apollo Tyres has started construction of its first greenfield plant in Gyöngyöshalász, Hungary, and its second one in Europe, with the foundation stone laying ceremony. The foundation stone was laid by Viktor Orbán, Prime Minister of Hungary and Onkar…
Firestone is the tyre at Indy Grand Prix
Firestone Tire was the leading tyres at the Indy Grand Prix which made its historic debut in New Orleans this weekend. ‘Firestone is an incredibly iconic brand with a testament to the amount of equity in the states,” says Lisa Boggs, Director…
Cooper Tire & Rubber Company shares drop
Shares of Cooper Tire & Rubber Company has dropped 2.29% during this past week. The shares have posted positive gains of 8.18% in the last 4 weeks. The counter has underperformed the S&P 500 by 3.93% during the past week…
Continental Tire Winner and “Eco-Meister” in AutoBild Magazine’s Summer Tyre Test
The ContiPremiumContact 5 has been pronounced the winner of the latest summer tyre test of over 50 tyre models by AutoBild magazine (12/15 issue), receiving the rating “exemplary.” In addition to their very good driving performance, the Continental tyres were…
Takaso says in talks on joint ventures, possible acquisition
Takaso Resources Bhd is in the midst of discussions on several possible joint-venture projects and the possible acquisition of a company, all of which have not been finalised, it told Bursa Malaysia in a response to an unusual market activity…
Giti Adds New Line Haul Trailer Tyre
Giti Tyre (USA)’s newest GT Radial tyre, the GTL922 FS premium line haul trailer tyre, was designed specifically for North America, the tyremaker said. The Smartway-verified GT Radial GTL922 FS features a four straight groove design for enhanced driving stability…
Apollo increases its focus on commercial and fleet retreading
Apollo Tyres recently inaugurated its 3rd Apollo Retread Zone (ARZ) in Mumbai, in the western part of India. Rajesh Dahiya, Group Head, Sales-APMEA (Asia Pacific, Middle East & Africa), Apollo Tyres Ltd inaugurated the outlet in Turbhe, Navi Mumbai. With…
Rubber plantations stretching 11,000 hectares developed in Nagaland, India
India is promoting rubber on a large scale in Nagaland in view of the high environmental and economic benefit .”Rubber is successfully cultivated in the foothill areas and valley lands of the state with excellent result,” according to the annual…
The DV-RT4 by Vipal Rubber launched
Leading tyre retreading manufacturer Vipal Rubber has developed its latest precured tread: DV-RT4. Designedexclusively by the brand, the DV-RT4 is ideal for use in drive axles. Vipal’s DV-RT4 tread offers excellent traction power and high mileage due to its greater…