• Goodyear India Reports a 240 Percent YoY Increase In Q4 PAT

    May 29, 2021

    Goodyear India Limited reported a 240 percent spike in profit after tax from INR 13 crore in Q4 2020 to INR 43 crore in Q4 2021, aided by higher volumes, increased factory utilization and cost efficiencies. The PAT constituted 7.6 percent of the company

  • ATMA Welcomes New Tyre Norms

    May 28, 2021

    Automotive Tyre Manufacturers Association (ATMA) has welcomed the draft norms for tyre industry released by the Ministry of Road Transport & Highways (MoRTH). The new norms will be incorporated as part of the Automotive Industry Standard (AIS 142) and req

  • Bridgestone Announces Expansion Of Its Williamsburg FSIP Plant

    May 28, 2021

    Bridgestone announced the expansion of its plant in Williamsburg, Kentucky to support the growing market demand. The company will invest USD 51 million in the Firestone Industrial Products (FSIP) plant to meet the demand for advanced air suspensions in el

  • Perodua To Equip Axia And Bezza With Hankook's Kinergy EX Tyres

    May 27, 2021

    Malaysia's largest car manufacturer Perodua announced that its Axia hatchback and Bezza sedan would be equipped with Hankook's Kinergy EX tyres. The all-season Kinergy EX tyres offer higher fuel efficiency while maintaining performance, perfectly fitting

  • Circtec And Birla Carbon Join Hands For Sustainable Future

    May 27, 2021

    Circtec has signed a long-term supply agreement for Sustainable Carbonaceous Materials with Birla Carbon, creating the largest sustainability footprint in the carbon black industry. To support this circular economy partnership, Circtec will set up a flag

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