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Italian Government Probes Chinese Investor in Pirelli
November 15, 2024
The Italian government is investigating Pirelli's largest investor, Sinochem International, for potential violations of the Golden Power law. The probe focuses on potential links between Pirelli and CNRC, particularly regarding sensitive technologies. Pir
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Oxford Economics Report Highlights Socio-Economic Footprint Of European Tyre Industry
November 14, 2024
A report by Oxford Economics for the European Tyre and Rubber Manufacturers’ Association (ETRMA) has revealed that the European tyre industry has made a significant contribution to the European Union’s economy in 2023.
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ETRMA Raises Concern Over Proposed EU Deforestation Regulation Amendments
November 14, 2024
The European Tyre and Rubber Manufacturers' Association (ETRMA) has raised concern against the amendments tabled in the European Parliament to modify the European Commission’s proposal to extend the transition period of the EU Deforestation Regulation (
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Kenda Tire Shines At 2024 Championship Off-Road Racing Series
November 14, 2024
The company states that its race-tested Klever A/T2, R/T, and M/T2 tyres, which are designed for real-world reliability and performance, played a key role in powering its teams to success.
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Yokohama Rubber Posts Record Profits
November 14, 2024
Yokohama Rubber has reported record-breaking financial results for the first nine months of fiscal 2024. Strong sales, increased profitability, and strategic initiatives have contributed to this significant growth. The company's tyre business, off-highway
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Apollo Tyres Posts Lower Profit on Weak Demand
November 14, 2024
Apollo Tyres reported a decline in profits for the second quarter and first half of its fiscal year 2024-25. Despite a revenue increase, higher raw material costs and weak demand, particularly in India's OEM segment, impacted the company's bottom line.
