JK Tyre & Industries has sought revision in inverted duty structure in the forthcoming Budget, saying it will offer a level-playing field to local tyre manufacturers. “We are probably the only country in the world with such an inverted duty structure…
Category: Industry News
Auto Innovation Report released
The newly-released Auto Innovation Report identifies the companies leading the way in innovation, and the segments which have grown the fastest over the last five years. The report explores the hot topic areas of interest, studying the technologies and companies…
Goodyear tyres recalled and sale of select General Motors SUV halted
General Motors has halted the sales of several thousand SUVs in the United States due to an inbound tyre recall from Goodyear. The auto maker sent a notice to dealers telling them to stop selling nearly 6300 of its Enclave, Traverse,…
Pirelli joins forces with MWSD
Truck and trailer wheel distributor Motor Wheel Service Distribution (MWSD) is now a preferred supplier for Pirelli UK Truck. The arrangement will see MWSD offering complete tyre and wheel fitted units for its range of Chevron marked steel wheels and…
BKT launches new interactive website
BKT Tyres have launched a new interactive website which is updated with brand-new contents. It represents a reliable platform for customers, users, partners and journalists all over the world offering technical and general information as well as updates on manifold…
Market-based approach in tyre management a success
The Rubber Manufacturers Association (RMA) has applauded the market-based approach to scrap tyre management which they say is a success and say it should continue to be a model for state action. RMA is participating in a scrap tyre forum…
Continental Tyres enters Southeast Asian market
Continental Tyres have made new progress by entering into the Southeast Asian market. In 2014, Continental has started the distribution of passenger car tyres in Sri Lanka, Vietnam and Myanmar. Continental officially announced its entry to the market in Colombo,…
Research firms neutral on Malaysian automotive industry
Local analysts remain neutral on the auto and auto parts sector as the Goods and Services Tax (GST) implementation and other macroeconomic headwinds will pose challenges for automotive sales in 2015. RHB Research said it remained neutral with Berjaya Auto…
India Rubber Meet 2015 to gather the best of the rubber industry
Stakeholders of the Indian rubber industry will convene on March 4 to 5 this year for the India Rubber Meet 2015. The event which is to be held at Le Meridien, Convention Centre, in Kochi, India will see stakeholders such…
Daihatsu 2015 sales in Indonesia to remain flat
2015 sales of PT Astra Daihatsu Motor, is forecasted to remain flat at 185,000 units, Kontan daily reported. The firm recorded sales of 185,226 units in 2014, representing 15 percent of Indonesia’s domestic car sales. The Indonesian automotive manufacturers association…