Tyre maker Ceat, a part of RPG Group, has announced that it has entered into a definitive agreement with French tyre maker Michelin to acquire its Camso brand’s off-the-road-highway tyres (OTR) and tracking business for US$225 million. The acquisition will give Ceat…
Tag: CEAT
CEAT inaugurates truck/bus radial line in Chennai
In line with its expansion plans, Indian tyre maker CEAT recently announced the inauguration of its best in truck bus radial (TBR) production line at its Chennai facility. The new line will progressively reach a production capacity of 1,500 tyres/day…
Marangoni and Ceat in retreading tie-up for Indian truck and bus tyres
Tyre retreader Marangoni has entered into a partnership with Indian tyre maker Ceat Limited to offer tyre retreading solutions in the Indian market. The collaboration is driven by the shared goal of providing customers with a one-stop solution for their…
Ceat to supply SecuraDrive tyres for Nissan Magnite SUV
Anticipating growth in the compact SUV market in India, Ceat Tyres has begun a new partnership with Nissan Motors as OE tyre supplier for the latter’s subcompact SUV – the Nissan Magnite. According to Ceat, it will provide its SecuraDrive…
Ceat, ReadyAssist launch roadside assistance initiative for less than US$3 per vehicle
Indian tyre manufacturer CEAT Tyres (Ceat) has started a partnership with service provider ReadyAssist, as part of their Road-Side Assistance (RSA) programme, to offer round-the-clock vehicle maintenance services to their customers. The service offered, including puncture repair and emergency fuel…
Tyre sector comes out tops
The OE and replacement tyre markets are expected to push the market along with OE passenger car tyre sales to grow from 290 million units in 2010 to 400 million units by 2020, while replacement car tyre sales will grow from 760 million units in 2010 to 1.2 billion units by 2020.