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Retail Asia12/07/2023

Pirelli has expanded its range of P Zero tyre series with the new semi-slick Trofeo RS. Pirelli says that the tyres are the technical successor of the Trofeo R and unlike the latter are available to manufacturers for use as an OEM part. The Trofeo R were only offered as aftermarket alternatives. Pagani Automobili, the […]

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Retail Asia26/08/2022

Goodyear has launched the new Assurance ComfortTred range of tyres in India. Targeted at luxury vehicles, the company says that the new range of tyres combines advanced technology, sophisticated tread pattern and a consumer-focused design to offer a quieter ride and good levels of grip in the dry and wet. Sandeep Mahajan, Chairman & Managing […]

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Retail Asia09/06/2022

Tyre firm Goodyear on Tuesday said that it would be recalling 1.73 lakh G159 recreational vehicle (RV) tyres in the US. As per a report by Reuters, the recall was issued because of the potential for catastrophic tread separations and after mounting pressure from the U.S. auto safety regulator, the National Highway Traffic Safety Administration […]

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Retail Asia23/12/2021

Goodyear has introduced a new set of tires called the ElectricDrive GT which is the first replacement tires for the North American market, designed specifically for EVs particularly for the Model Y. The ElectricDrive GT is a high-performance, all-season tire which has been designed to last long and provide ride quality that one expects with […]

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Retail Asia17/11/2021

Apollo Tyres will increase prices by 3 to 5 percent in the domestic market in the third quarter of this fiscal to offset the rising cost, according to top company officials. The company may further increase prices in the fourth quarter if the commodity rates continue to remain high. Speaking with the media during Q2 […]

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Retail Asia09/06/2021

Michelin today announced that it will be hiking tire prices in India, Africa & the Middle East region. The increase in price is effective from June 18 in India and July 1 for the Middle East region and is applicable to all Michelin Group brands. This is the second price hike this year by Michelin […]

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Retail Asia12/05/2021

It was in February 2021 when Michelin announced that it will use 40 percent of sustainable materials to manufacture its tires by 2030 and 100 percent by 2050. And to achieve those set targets, Michelin has partnered with a French biochemistry firm called Carbios. Now, Carbios has developed a technology that can de-polymerize plastic, through […]

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Retail Asia13/04/2021

South Korea’s Kumho Tire plans to invest $305 million to expand its plant in Vietnam. The expansion, when completed in the first quarter of 2023, is expected to nearly double the plant’s capacity to 9.3 million tires a year. “After considering our plans to increase exports to North America and potential U.S. anti-dumping duties, we […]

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Retail Asia08/01/2021

The U.S. has made a preliminary determination that most Vietnamese tire exporters did not dump products in the U.S. and not subjected them to anti-dumping duties. Six producers and exporters of passenger vehicle tires from Vietnam, who account for over 95 percent of Vietnamese tire exports to the U.S., were found to not dump following […]

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Retail Asia09/11/2020

The U.S. has slapped preliminary countervailing duties of 6.23-10.08 percent on Vietnamese tires, alleging they are subsidized by an undervalued currency. The duties, which apply to imported passenger vehicle and light truck tires, were announced by the Commerce Department on Thursday, after United Steelworkers, a trade union with members across North America, filed a petition […]

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Retail Asia12/08/2020

Hikomitsu-Noji-left-Senior-representative-of-YOKOHAMA-Rubber-Company-middle-Osamu-Mikami-right-1024x682.jpg

Yokohama India has begun manufacturing tires after the completion of its second phase of expansion. The company began its manufacturing operations in India in 2014 with an annual capacity of 0.7 million and now it has gone up to 1.6 million tires per year. The company has also strengthened its standard operating practices in a […]

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Retail Asia20/04/2020

Michelin has announced entering a new partnership with Swedish start-up Enviro, to introduce a new technology to recycle end-of-life tires. Under the new partnership, the companies will work towards industrializing an innovative pyrolysis technology on a large scale to recycle old tires and convert them into raw materials. Currently, recycling is a major issue with […]

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Retail Asia26/12/2019

2019 has been one of the hottest years in recent decades, marking a new milestone in the worldwide increase in greenhouse gas emissions and extreme weather events. The transportation sector alone is responsible for 23 percent of CO2 emissions worldwide. Looking at these numbers Michelin has decided on an objective and that is all of […]

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Retail Asia06/08/2019

A slowing auto sector prompted profit warnings from supplier Continental and paint systems producer Duerr late on Monday.Jungheinrich also lowered its outlook citing a downturn in the forklift truck sector. It marked a fourth profit warning from Continental in 16 months, while French rival Faurecia on Tuesday stuck to its guidance. “The main reason is the […]

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Retail Asia11/07/2017

Giti Tire, the 10th largest tire company in the world based in Singapore, is on track to open its first first North American manufacturing facility on a 1,100-acre site, 170 miles northeast of Charleston, in Richburg, South Carolina. The company expects to invest $560 million and create 1,700 new jobs over the next decade in […]

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Retail Asia08/06/2017

Tyre maker Michelin has today announced the availability of Michelin LTX Force range of SUV tyres in India. Designed for all types of terrain, Michelin LTX Force tyres offer durability, superior grip on-road and higher traction off-road, claims the company statement. The introduction of this new range in India helps the company further strengthen its […]

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Retail Asia19/12/2016

The Indonesian government has joined hands with French tire company Michelin to open market access to Europe and the United States. The plan was proposed in a meeting between Industry Minister Airlangga Hartarto and Vice President Public Affairs of Michelin East-Asia and Oceania Segsarn Trai-Ukos in Jakarta last week. According to Airlangga, the government and […]

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Retail Asia14/11/2016

International automotive supplier and technology company Continental today announced that is has been named a CES 2017 Innovation Awards Honoree in the Vehicle Intelligence category for its Short Range Radar with Trailer Merge Assist and Trailer Length Detection technology. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, independent […]

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Retail Asia22/09/2016

Creditors of Kumho Tire gave formal notice this week that they will hold an open auction for their respective holdings in the South Korean tyre manufacturer with preliminary bidding scheduled to start in early November. The creditors involved are eight financial institutions including Woori Bank, state-owned Korea Development Bank and KB Kookmin Bank. Together they own […]

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Retail Asia10/06/2016

Michelin said ahead of an investor day on Monday that it aims to increase tyre sales by 20 percent by 2020, pledging to outpace the growth of the market. The group also said it aimed to double services and solutions revenue to 2 billion euros ($2.27 billion) over the same time period.

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