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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
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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
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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
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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
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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
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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.
