wdk President Michael Klein
Situation In Germany As A Production Location Remains Worrying, Says WDK
  • February 21, 2025

A member survey of the German Rubber Industry Association (wdk) has come to a conclusion that the situation in Germany as a production location remains worrying. The member survey highlighted that industry sales fell by almost two percent last year. Sales

ETRMA Submits Views To EC On Future Of European Automotive Industry
ETRMA Submits Views To EC On Future Of European Automotive Industry
  • February 21, 2025

The European Tyre and Rubber Manufacturers' Association (ETRMA) has sent its recommendations to the public consultation held by the European Commission about the urgent measures that must be taken to ensure the automotive industry's survival in Europe and

Pirelli Set To Hit 500 Grands Prix Mark At 2025 Formula 1 Season
Pirelli Set To Hit 500 Grands Prix Mark At 2025 Formula 1 Season
  • February 21, 2025

As the FIA Formula 1 World Championship hosted an exceptional event at London’s O2 Arena to celebrate and mark its 75th anniversary, Pirelli, who is the global tyre partner of Formula 1, marked the beginning of its own celebration. The year 2025 is spec

Toyo Tire to Sell Majority Stake in China Unit as Local Competition Intensifies
Toyo Tire to Sell Majority Stake in China Unit as Local Competition Intensifies
  • February 21, 2025

Japanese tyre maker Toyo Tire Corp is selling an 86% stake in its Chinese subsidiary to Liaoning Hengdasheng Investment Co (LHI), scaling back its presence in China’s auto market. The Zhangjiagang unit, which struggled with brand recognition, posted a 5

Sumitomo Rubber's 2024 Profit Surges Past Forecast on Cost Controls, Forex Gains
Sumitomo Rubber's 2024 Profit Surges Past Forecast on Cost Controls, Forex Gains
  • February 21, 2025

Sumitomo Rubber Industries reported a full-year profit of 9.87 billion yen, significantly surpassing its 1 billion yen forecast due to cost management and favorable currency movements. Despite this strong performance, profit remains below the previous yea

Goodyear Intros Cooper WORK Series RHA 2 Tyre for Super-Regional CVs
Goodyear Intros Cooper WORK Series RHA 2 Tyre for Super-Regional CVs
  • February 21, 2025

The Goodyear Tire & Rubber Company has announced the new Cooper WORK Series Regional Haul All-position (RHA) 2 tyre for super-regional and regional all-position commercial vehicle applications.