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JK Tyre to Merge Subsidiary, Streamlining Operations
November 07, 2024
JK Tyre & Industries is merging its subsidiary, Cavendish Industries Ltd., to streamline operations, improve efficiency, and enhance its market position. The merger aims to unlock shareholder value and position JK Tyre for long-term growth and success in
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Hankook Tire’s Winter And All-Season Tyres Shine In Independent Tests
November 07, 2024
Leading tyre maker Hankook Tire is all set for the winter season with its range of winter and all-season tyres, especially the Winter i*cept evo 3 X, Winter i*cept RS3 and the all-season Kinergy 4S 2. These tyres have proven their worth in independent win
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JK Tyre’s Q2 FY25 Profitability Takes a Hit; Sees Product Hike in Q3
November 06, 2024
JK Tyre & Industries reported a decline in revenue and profit in Q2 FY25 due to factors like lower demand in the commercial vehicle segment and rising raw material costs. The company plans to increase tyre prices to offset the impact of higher input costs
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Continental Tires India Celebrates 7th Year As Preferred Partner For Mercedes-Benz
November 05, 2024
The tyre maker states it has extended its preferred partner status in Asia-Pacific market, which allows it to build stronger synergies with customers in India by offering tyre solutions and aftersales support.
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Hankook’s Q3 Sales and Profit Rise Amid Premium Expansion
November 05, 2024
Hankook Tire reported strong Q3 financial results, driven by increased sales of premium tyres and strategic investments in R&D. The company's focus on high-performance tyres, including those for electric vehicles, has contributed to its growth. Hankook's
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Goodyear Raises 2024 Earnings Outlook Amid Global Challenges
November 05, 2024
Goodyear Tire & Rubber reported a strong third quarter, with increased operating income despite a decline in sales volume. The company's focus on cost-saving initiatives and operational efficiencies contributed to improved margins. While the Americas segm
