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Chinese tyre maker Linglong to invest $1.19 billion in Brazil factory
April 28, 2025
China's Shandong Linglong Tire is investing USD 1.19 billion to build a new tyre manufacturing plant in Ponta Grossa, Brazil, through a joint venture with SUNSET S.A. The facility, targeting an annual output of 14.7 million tyres, highlights Linglong’s
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Shailendra Luthra Becomes Chairperson For FADA Delhi Chapter
April 28, 2025
Luthra will closely work with authorised automobile dealers to solve their issues, as well work with the Delhi government and departments to protect the interests of the automobile retailer community in the NCT region.
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Pirelli Signs Strategic Partnership with CTS to Boost Nordic Presence
April 28, 2025
Pirelli announced a strategic partnership with CTS to expand its presence in the Nordic region, particularly Sweden, by selling Däckia AB while securing a long-term supply agreement. The deal strengthens Pirelli’s focus on the premium and EV tyre segme
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Michelin Reports Q1 Sales Dip as OE Demand Weakens
April 28, 2025
Michelin reported a 1.9% decline in Q1 2025 sales to €6.5 billion as weak original equipment demand offset strong replacement tyre sales. The French tyre maker maintained its full-year outlook despite macroeconomic challenges, highlighting growth in hig
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Zeon Posts Strong Annual Results Despite Challenges in Battery Materials Segment
April 28, 2025
Zeon Corporation reported a 10% rise in annual net sales to ¥420.6 billion ($2.75 billion) for the fiscal year ending 31 March 2025, driven by strong elastomer and specialty material performance. Despite steady gains, the Tokyo-based chemical manufacture
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KraussMaffei Hosts Successful TechCenter Days 2025 Customer Event
April 28, 2025
KraussMaffei successfully hosted its TechCenter Days 2025 in Parsdorf, welcoming around 350 international customers. The three-day event showcased innovations in injection moulding, automation, and additive manufacturing, with technologies like ColorForm,
