Malaysia’s Department of Statistics says that the country’s natural rubber production rose 11% from October to 53,040 tonnes in November last year. However, it was down by 21% compared to the previous year. Meanwhile, the country’s natural rubber exports fell…
Category: Industry News
Car sales in Philippines jumped 30% in 2014
The Chamber of Automotive Manufacturers of the Philippines Inc (Campi) and the Truckers Manufacturers Association are optimistic that it will achieve a 16 % growth this year, with passenger and commercial vehicles expected to account for 40% and 60% of…
Taiwan’s tyre market to increase over next five years
A report has forecasted that the Taiwanese tyre market is set to increase at a Compound Annual Growth Rate (CAGR) of more than 4% from this year to 2020. The report titled “Taiwan Tyre Market Forecast and Opportunities, 2020” by…
MotoGP World Championship to continue on Dunlop tyres
Dunlop tyres will continue being the tyres used in the MotoGP World Championship for Moto2 and Moto3 respectively. “We are delighted to continue our association with a name as renowned as Dunlop for both the intermediate and lightweight class tyre…
India’s tyre market seeks reduction in tyre prices
The All India Tyre Dealers’ Federation (AITDF) is seeking the help of the government to lower tyre prices as the cost of raw material falls continuously. This is to help the rubber growers of the state as the natural rubber…
Saudi tyre market to expand
Saudi Arabia has had to mostly rely on exports to fill its demand for vehicles – one of the highest in the world – and has a huge vehicle production deficit. However, the situation is expected to change because of…
Indian car sales to grow only 1% this year, analysts say
The Society of Indian Automobile Manufacturers (SIAM) has announced that vehicle sales in India will only hit 1% by March this year. This comes amidst criticism towards the government for scrapping tax breaks SIAM officials were initially optimistic that the…
Volvo to export China-made cars to the US
Starting this month, Swedish auto maker Volvo Car Group will start exporting China-made midsize sedans to the US, and might also build a vehicle factory there, those close to the company said. The cars include Volvo S60L (produced in Chengdu,…
Michelin tyres on Airbus A350-900
Michelin Aircraft Tire has announced that the first flight of the new Airbus A350-900 aircraft was completed with its Radial NZG Technology tyres. Airbus has delivered the first A350 XWB to its launch operator Qatar Airways equipped with Michelin AIR…
Michelin to expand tyre plant in Germany
French tyre maker Michelin has acquired a 70,000 sq m land plot alongside its facility in Bad Kreuznach, Germany, an area that will be used to expand its tyre plant. The land is part of the ‘Marshall Kaserne’ site, a…