US-based TRW Automotive Holdings Corp has received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the stock, StockRatingsNetwork reports. Nine analysts have rated the stock with a hold recommendation and two have given a buy…
Category: Industry News
Blaupunkt India and TPMS to deliver real time tyre information
Blaupunkt India has teamed up with TPMS (Tyre Pressure Monitoring Systems) who will help provide the real time information and customizable alerts on tyre pressure and temperature conditions. Blaupunkt is the first to launch a vehicle tyre pressure monitoring systems…
Avon Tyres launches the new Trailrider
Avon Tyres has just launched the new Trailrider to it’s line-up of adventure touring motorcycle range. The tyre maker says it applied the very latest know-how in terms of casing construction, compound characteristics and tread pattern development to create a…
Dunlop to continue as tyre supplier for MotoAmerica
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…
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…