Shares of Delphi Automotive PLC have been given an average rating of “Buy” by the 13 analysts that are currently covering the company, Analyst Ratings Net reports. One research analyst has rated the stock with a hold recommendation and ten…
Category: Industry News
Tyre demand in India “back on track”
With the domestic automotive industry is witnessing a gradual recovery in 2014-15 following two years of demand slowdown, tyre demand is back on track, especially owing to traction in the two-wheeler space. Analysts expect exports to grow by 4-6 per cent for…
Toyota faces disappointment: analysts
The Malaysian Automotive Association (MAA) released the sales and production figures last week with total industry production (TIP) growth being upbeat, increasing 2.1 % year on year (y-o-y) after declining over the past four months. MIDF Amanah Investment Bank Bhd’s…
Optical Liquid Silicone Rubber introduced at Proto Labs
Rapid prototyping and low-volume manufacturer Proto Labs, Inc. has added optical-grade liquid silicone rubber (LSR) to its existing lineup of moldable plastic, metal and LSR materials. High-performance optical LSR is transparent, extremely flexible and starting to replace glass in many…
TVS Srichakra increases production capacity
TVS Srichakra is ramping up production capacity as the TVS Group company aims the top slot among India’s two-wheeler tyre manufacturers. The plan is to expand capacity to 2.4 million tyres a month by December from 2.0 million now. It…
General Tire celebrates 100th anniversary
The company traces its origins to Akron, Ohio, where William F. O’Neill and his partner Winfred E. Fouse had the idea of producing superior quality tyres and founded the company in 1915. At the time, there were more than 300…
Replacement car tyre markets of 4 ASEAN states show slight growth: GfK
The replacement car tyre market for the key capital cities of Malaysia, Indonesia, Thailand and the Philippines collectively registered a slight growth in volume demand by 2% in 2014 compared to the previous year. However, total sales dollar generated was…
Global automotive safety systems to thrive: report
Increasing concern among consumers about automotive safety is driving demand in the Global Automotive Safety Systems Market, which is expected to post a CAGR of 9.43 % from 2014-2019, says research firm TechNavio. According to the latest report from TechNavio, in-vehicle…
German firm to team up with Weld County company
Pyrolyx AG, a German company that recovers carbon black from old tires, intends to enter the U.S. market through a partnership with a Weld County company. The Munich-based company has signed a letter of intent with CH2E Group, which owns…
Rubber growers and tyre makers in Kochi clash over import data
Rubber growers and tyre manufacturers are on a collision course over the natural rubber import data, even as the former is keenly looking at the upcoming Union Budget for sops, in the wake of the slump in prices. The farmer…