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Michelin Delivers Resilient Performance Amidst Market Challenges in 2024
February 14, 2025
French tyre manufacturer Michelin reported sales of €27.2 billion in 2024, down 4.1% from the previous year, amid declining volumes and currency headwinds. Despite challenges, the company maintained a strong segment operating income of €3.4 billion wi
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Yokohama Rubber To Supply ADVAN Tyres To Haupt Racing Team For Ford Mustang GT3 Race Cars
February 14, 2025
The Yokohama Rubber Co., Ltd., has entered into a partnership agreement with Haupt Racing Team (HRT) as part of its effort to achieve victory at the 2025 Nürburgring 24-Hour Race (ADAC RAVENOL 24h Nürburgring).
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Tolins Tyres Reports Q3 Profit Rise Amid Expansion Plans and Apollo Supply Deal
February 13, 2025
Tolins Tyres Ltd, a Kerala-based tyre and precured tread rubber manufacturer, reported a 1.3% increase in Q3 profit despite a 7.6% revenue decline. The company secured a major supply agreement with Apollo Tyres and announced ambitious expansion plans. EBI
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Apollo Tyres Plans Capacity Expansion as Raw Material Costs Stabilise
February 12, 2025
Apollo Tyres Ltd plans to boost capital expenditure to INR 8 billion in FY26, addressing passenger car tyre capacity constraints. The company anticipates stable raw material costs and targets expansion in the U.S. and Saudi Arabia. European operations are
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Leapmotor Selects Yokohama As OE Tyre Supplier For C16 SUV
February 12, 2025
Yokohama will supply 245/45R21 104V XL tyres for the front and 255/45R21 106V XL tyres for the rear. It shared that the Advan Sport EV is an ultra-high performance summer tyre for premium EVs.
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Bekaert Provides Innovative Solution For One Of The Largest Stack Electrolysers In The World
February 11, 2025
Bekaert has officially announced its active partnership in the ECO2Fuel project, a groundbreaking initiative aimed at addressing climate change and at advancing decarbonisation efforts.
