Dunlop will continue as the exclusive tyre supplier of the MotoAmerica AMA/FIM North American Road Racing Series. Racers competing in the premiere MotoAmerica Superbike, Superstock 1000 and Supersport classes will use Dunlop’s KR448 and KR449 racing slicks while the Superstock…
Category: Industry News
China Automotive Systems dips to new 1-year low
Shares of China Automotive Systems (NASDAQ:CAAS) dipped during a 52-week low on Friday. The company traded as low as US$6.12 and last traded at US$6.22, with a volume of 32,311 shares changing hands. The stock had previously closed at US$6.32.…
Yokohama Rubber Russia Plant kick-starts production
The Yokohama Rubber Co., Ltd., announced today that its Russian passenger car tire production and sales company, LLC Yokohama R.P.Z., began production in November 2014 of original-equipment (OE) tyres for passenger cars. In November, the subsidiary began producing “GEOLANDAR G91”…
Thai Rubber chemicals market to grow 5 % until 2020
According to recently published report by TechSci Research, market for rubber chemicals in Thailand is expected will witness a Compound Annual Growth Rate (CAGR) of around 4% during 2015-20. Major factors that are driving market growth include growing tyre exports…
European Tyre and Rubber Manufacturers’ Association : 2014 sales closed on a positive note
The European Tyre and Rubber Manufacturers’ Association published today its members’ sales in the last quarter of 2014 as well as for the whole year. The last quarter of 2014 further confirmed the downturn in sales registered in the third…
Price of tyres in Malaysia fall
The price of tyres in Malaysia have fallen by an estimate of 10 % to 15 %. The dip began as early as September last year. Some tyre-owners have been afraid to hold on to the stocks, fearing further price…
Vietnam’s automotive sales jumped 43% in 2014
The latest report by the Vietnam Automobile Manufacturers’ Association (VAMA) says that sales of automotives hit 157, 810 last year – a 43 % increase from the year before. The report also stated that: Sales of trucks grew by 42…
Global NBR market to grow for the next 4 years, analysts say
A new report by Research and Markets predicts that Global Nitrile Butadiene Rubber (NBR) market will grow at a Compound Annual Growth Rate (CAGR) of 6.85% until 2019. Nitrile Butadiene Rubber (NBR), commonly known as Buna-N or nitrile rubber, is…
Toyoda Gosei moves to new Chinese office
Japan’s Toyoda Gosei has relocated the regional headquarters for its automotive parts business (Toyoda Gosei Shanghai or Shanghai TG) to a larger space in January 2015. In addition to the Shanghai TG regional headquarters, Toyoda Gosei has regional production operations…
Demand for rubber in India slows down
India has seen a 36% shrink in rubber production in December 2014, its steepest drop for last year. Meanwhile, consumption has increased marginally while growth in imports has slowed down. The Automotive Tyre Manufacturers’ Association (ATMA) quoting the Indian Rubber…