Trelleborg has, through its business area Trelleborg Wheel Systems, decided to invest in a production facility for agricultural tyres in the U.S., thereby creating a platform for local presence and growth in North America, and a global position in the…
Category: Industry News
Conti reports profit rise in the first quarter
Hanover, May 6, 2014. The Continental Corporation posted a strong start to the year, significantly increasing its profits. In the first quarter of 2014, net income attributable to the shareholders of the parent grew by 33.3% to €588 million. Earnings…
Indian gov’t sorting out strategies to save sinking rubber market
With the price of natural rubber hitting a five-year low, various organisations and governmental agencies are now pacing towards a paradigm Shift, sorting out strategies to save the sinking market. The natural rubber procurement process has gained some momentum with…
Kenda Rubber aims for European car tyre market
Kenda Rubber Ind. Co, Ltd of Taiwan is increasing its presence in the European car tire business, focusing particularly on the German market. The strategy is being led from Oldenburg, where Kenda Rubber Industrial Co. Europe GmbH has established its…
Indian rubber market declines due to buyer resistance
Spot rubber prices continued to rule weak on Monday. The market opened on a steady note but lost the initial strength on buyer resistance though there was no selling pressure. While the most active counters RSS 4 and RSS 5…
Rising US automobile exports improves tyre industry
The United States automobile market is the second largest automobile market in the world. About 16 major auto manufacturers such as Chrysler Group LLC, General Motors Co. and Ford Motor Co. are currently operating in the country’s automobile market. Subsequent…
Chrysler 200 models gets Kumho tyres
Kumho Tire U.S.A., announced it will supply original equipment tyres for the 2015 Chrysler 200 line. Select FWD and AWD Chrysler 200 models will be fitted with Kumho’s all-season Solus TA31 in size 235/45R18 94V. The grand touring all-season Solus…
Pirelli surpass competitors in tyre tests
Sport auto published the results of its summer tyre comparative test; ten tyres in the popular dimension 225/40 R18 were tested, with sport auto selecting a mixture of UHP and comfort-oriented tyres for evaluation in 14 criteria, including six dry…
Cooper first quarter operating profit surge
Cooper Tire & Rubber Co. reported net sales of $796 million for its first quarter of 2014, a decrease of $65 million compared with the same period a year ago. Operating profit for the quarter was $81 million, which is…
Stamford reveals Sumo Firenza tyre range
Singapore’s Stamford Tyres will exhibit its range of Sumo Firenza tyres and alloy wheels from Stamford Sport Wheels and Soleil from Hall 6, Stand 6F20. The company says it is particularly interested in visitors representing European, African, and Central and…