tires

Retail Asia04/01/2024

Continuing its journey of the “Bridges to Knowledge” project, Bridgestone Vietnam built and inaugurated the 10th bridge, Truong Tho in Soc Trang, on Dec. 27. The project was implemented by Bridgestone Tire Sales Vietnam Limited Liability Company to realize Empowerment (Committed to contributing to a society that ensures accessibility and dignity for all) and Ease […]

Retail Asia24/11/2021

Amazon Web Services (AWS) announced that Apollo Tyres is going all-in on AWS to digitally transform. By moving all of its IT infrastructures to AWS, Apollo Tyres can use AWS’s broad portfolio of services to innovate new customer experiences while driving productivity, compliance, and process efficiency gains globally, across seven factories. Apollo Tyres will draw […]

Retail Asia10/08/2020

The Coronavirus crisis has not only disturbed the pace of the auto industry but also of its ancillaries. One of the biggest Tyre manufacturer of India – JK Tyre & Industries has recorded a loss after tax of ₹ 202.15 crore in first of FY2021 as compared to a profit after tax (PAT) of ₹ […]

Retail Asia04/10/2019

European distributors are holding back from buying costly winter tyres due to high inventories, Finland’s Nokian Tyres said on Thursday, adding it saw weakness in its Russian market too. “We expect short-term weakness in sales volume throughout Central Europe to continue during the remainder of the year,” Chief Executive Hille Korhonen told an investor call. […]

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 […]

Retail Asia17/07/2016

The Batam city government said it will continue cooperation, which began last year, with the Japanese city of Yokohama. Batam city mayor Muhammad Rudi said the cooperation would be continued as the cooperation has been a success thanks to assistance from the Yokohama city administration. “The assistance includes how Batam could reduce carbon gas emission […]

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.

Retail Asia04/01/2016

Japanese tire maker Bridgestone Corp said it would not counter Carl Icahn’s raised offer to buy Pep Boys – Manny Moe & Jack, ending a bidding war for the U.S. auto parts retailer. Icahn sweetened his offer for Pep Boys for the second time to $18.50 per share on Monday, after Bridgestone raised its bid […]

Retail Asia29/10/2015

Michelin will work with Barito Pacific and invest up to US$400 million (Rp5.1 trillion). The plant’s construction is scheduled to start in 2016, with the goal to have it begin operations by 2019. Both Michelin and Barito Pacific had also expressed their desire to develop rubber plantations in Jambi and West Kalimantan. Michelin plans to […]

Retail Asia29/07/2015

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Yokohama Rubber Co. Ltd. is gearing up to participate in the new Gaikindo Indonesia International Auto Show 2015. The event is scheduled for Aug. 20‒30 in South Tangerang, in Indonesia’s BSD City. Yokohama said it will be represented at the show by its Indonesian sales agent, PT Yhi Indonesia, which twice previously represented the tire […]

Retail Asia08/07/2015

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Bridgestone Corp. plans to establish a joint venture company to produce anti-vibration rubber products for automotive vehicles in Indonesia. The agreement was concluded on July 2 with PT Astra Otoparts Tbk, which manufactures and sells automotive parts in Indonesia. The JV is to build a manufacturing plant of anti-vibration rubber products, which is set to […]

Tag: tires

Bridgestone Vietnam builds 10th bridge in Soc Trang

Apollo Tyres Collaborates With AWS To Make Its Factories Smarter

JK Tyres Registers Loss Of ₹ 202.15 Crore In Q1 FY2021

Nokian Tyres Says High Inventories In Europe To Hurt H2 Sales

Kumho Tire auction to start in November

Batam to continue cooperation with Yokohama

Michelin plans 20% increase in tyre sales by 2020

Bridgestone pulls out of bidding war for Pep Boys

Michelin to Open Rubber Plant in Indonesia

Yokohama at new Indonesia auto show

Bridgestone to establish auto parts JV in Indonesia