Category: Industry News

Jinyu sets up tyre plant in Vietnam

China’s tyre maker Jinyu Tire Group has completed a passenger car tyre project in Vietnam as part of its strategy to return to the passenger vehicle tyre market. The company recently fully commissioned the plant that has a capacity of…

Continental’s spin-off automotive biz known as Aumovio

Continental group’s independent automotive company has been named Aumovio, and is scheduled to list on the Frankfurt Stock Exchange in September 2025. Continental says the name of the new company combines the strong market position, heritage and technological expertise in…

Apollo to stop production at Dutch tyre plant by 2026

Due to rising production costs, Indian tyre maker Apollo Tyres says that the Management board of Apollo Tyres NL BV has advised its Enschede plant’s Works Council of its intention to discontinue tyre production and related activities at the facility by…

Beontag/Kumho Tire to produce RFID-enabled tyres

Beontag, one of the world’s largest manufacturers of self-adhesives and smart tags such as RFID, NFC and BLE, has announced a new partnership with South Korean tyre manufacturer Kumho Tire. The collaboration will see Beontag’s TireTag RFID technology incorporated into new Kumho…

Goodyear to pump US$320 mn into US plant expansion

US tyre maker Goodyear Tire & Rubber Company has revealed plans for a significant expansion of its Lawton, Oklahoma plant in the US, which is the largest tyre factory in its global network. The expansion aims to increase the plant’s production capacity by…