Continental Invests In Software Specialist Apex.AI
- December 16, 2021
Continental has announced that the company has acquired a minority stake in German-US software specialist Apex.AI to bring a new automotive operating system to the road. The two companies have been cooperating since 2020 on the industrialisation of an in
Toyo Tires Announces Price Hike
- December 16, 2021
Toyo Tire U.S.A. Corp. (Toyo Tires) has announced an increase in dealer base prices on the passenger car, light truck and commercial truck tyre patterns by up to 10 percent. The price change will be effective from 1 February 2022.The company confirms that
Yokohama Rubber To Establish Joint Venture Tyre Sales Company In Malaysia
- December 16, 2021
Yokohama Rubber has announced that it will be establishing the joint venture, Yokohama Tyre Sales Malaysia, along with YHI International Limited (YHI), the exclusive distributor of Yokohama tyres in Southeast Asia and its subsidiary YHI (Malaysia) Sdn Bhd
Brisa Acquires Arvento Mobile Systems
- December 15, 2021
Brisa, a leader in the Turkish tyre industry, has acquired 88.89 percent capital shares of Arvento Mobile Systems (Arvento) for USD 19.84 million in line with the strategic visions of its shareholders Bridgestone and Sabancı Holding. Through this acqui
Inflation Inflates Tyre Prices
- December 14, 2021
Another aggravating factor is the disruptions in supply chain due to Covid-19. Consequently, oil prices are at a seven-year high. Natural gas prices have nearly doubled in six months. Petrol prices in many locations are north of USD 4 a gallon. Cotton pri
Lanxess Receives 'A' Rating From CDP
- December 14, 2021
Lanxess, a speciality chemical manufacturer, has been included in the 'Climate A List' by CDP, an independent non-profit organisation that conducts climate protection initiative assessments for corporations. Companies that report transparently and compreh
