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Elmer Wiemer Of Heuver Group Passes Away
May 14, 2025
Elmer Wiemer, Chief Financial Officer and designated Chief Executive Officer of Heuver Group, has passed away. The group shared the sad news in a statement announcing that he passed away on 4 May at the age of 48 after a brief illness.
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Award-Winning Goodyear Eagle F1 Asymmetric 6 Now Available In North America
May 13, 2025
Goodyear has launched the award-winning Goodyear Eagle F1 Asymmetric 6 tyre in the United States and Canada. The premium summer tyre has emerged the winner in the 2025 AutoBild test for ultra-high-performance (UHP) tyres and is aimed at a wide range of sp
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Toyo Tires Posts Record Q1 Sales Despite Profit Pressure From Raw Materials, Forex
May 13, 2025
Toyo Tires posted record-breaking Q1 2025 sales of ¥135.5 billion ($880 million), fueled by strong demand in North America. However, the company’s profitability declined due to raw material cost inflation and foreign exchange losses. Despite profit pre
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Sir Tom Farmer, Founder Of Kwik Fit, Passes Away
May 12, 2025
Renowned Scottish businessman and philanthropist Sir Tom Farmer, founder of Kwik-Fit, passed away peacefully at his home in Edinburgh at the age of 84, according to a family statement issued on Friday.
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Trinseo Reports Q1 Loss, Restructuring Efforts Yield Improved Adjusted EBITDA
May 12, 2025
Speciality materials producer Trinseo reported a Q1 2025 net loss of $79 million, citing refinancing costs and weak demand across all segments. Despite this, adjusted EBITDA rose 44% year-on-year to $65 million, driven by licensing income and cost-cutting
