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Hankook Tire Posts USD 3.42 Bln Q1 Sales As EV Tyre Segment Grows
May 09, 2025
Hankook Tire & Technology reported consolidated Q1 sales of USD 3.42 billion, reflecting strong growth after acquiring Hanon Systems. The tyre business generated USD 1.62 billion in sales, up 10.3% YoY, though operating profit declined due to rising raw m
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Goodyear Completes Sale Of Dunlop Brand To Sumitomo For USD 735 Million
May 08, 2025
Goodyear Tire & Rubber Company has completed the $735 million sale of its Dunlop brand rights in Europe, North America, and Oceania to Sumitomo Rubber Industries. The deal, effective May 7, includes both consumer and commercial tyre rights along with inve
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TTC 2026 To Adopt New WALK OF SERVICES Format To Put Tyre Trade On Centre Stage
May 07, 2025
THE TIRE COLOGNE (TTC) 2026 is adopting a new WALK OF SERVICES format that will focus not just on products but on solutions for the economic and organisational sustainability of the tyre industry. The event is scheduled to be held from 9 to 11 June 2026.
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Michelin Collaborates With Tyre On Wheels To Open First Michelin Tyres & Services Store In Lucknow
May 07, 2025
Michelin, the world's foremost pioneer in tyre technology, has opened its first Michelin Tyres & Services shop in Lucknow, Uttar Pradesh, in collaboration with Tyre On Wheels, a top auto tyre dealer. Michelin India's emphasis on solid local connections is
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Majority Of Canadian Motorists Will Avoid US As They Plan Summer Road Trips: TRAC Survey
May 07, 2025
Eighty-two percent of drivers in Canada want to take a day or overnight trip this summer, according to a recent Probe Research survey for the Tire and Rubber Association of Canada (TRAC). However, a majority of drivers are opting to remain in Canada rathe
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Pirelli Develops P Zero Tyres For Porsche's First Hybrid 911 GTS
May 06, 2025
The tyre maker states that it has engineered a unique version of the P Zero R as the primary fitment for the sports car.
