News

Maxxis India, one of the world’s fastest growing tyre companies has announced its plans to capture 3 percent market share in Kerala by 2021. The company says Kerala is one of the fastest growing two-wheeler markets for Maxxis in India.

Apollo Tyres will be unveiling the European tyre brand Vredestein in India next month, said the company’s vice-chairman and managing director Neeraj Kanwar.

Michelin is launching construction on its first tire recycling plant in collaboration with Enviro, a Swedish company that has developed a patented technology to recover carbon black, oil, steel and gas from end-of-life tires.

Goodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co. , a deal that seeks to combine the two biggest tire manufacturers based in the U.S.

French multinational Michelin Tire has signed up to ship some of the tires it makes in Nova Scotia across the Atlantic to France on a cargo vessel powered mainly by sail.

The Tire Industry Association (TIA) will hold its next OTR Tire Conference Feb. 23-26, 2022, at the Hilton Sandestin Beach Golf Resort and Spa in Miramar Beach, Fla.

Japanese tire manufacturer Toyo Tires has announced that it will be ending production at its Silverstone Berhad (SSM) tire manufacturing subsidiary in Perak, Malaysia. The facility is currently used for manufacturing tires for OEMs, Toyo’s own branded tires, and also Silverstone-branded tires for aftermarket use in Malaysia.

Throughout 2020, tire manufacturers and importers in Poland recorded drops in sales to the market reaching an average of 13% in almost all tire segments. Only sales of all-season tires increased by 48.4%, motorcycle tires by 11%, and truck tires by 1.9%. Sales of passenger car tires fell by 14.9% and SUV tire sales by 13.7%.