ISP Urges EU to Prioritise In-Vehicle Data Legislation for Fair Competition and Innovation
- October 19, 2024
The Coalition of Independent Service Providers (ISP) has called upon the European Commission to prioritize legislation on access to in-vehicle data. The coalition argues that this legislation is crucial for fostering innovation, promoting fair competition
CEAT Profit Falls 42% in Q2 Despite Revenue Surge
- October 18, 2024
Tyre maker CEAT reported a 42% decline in consolidated profit after tax in the second quarter due to rising commodity prices. However, revenue surged on the back of strong growth in replacement and international markets. CEAT's revenue reached INR 33.04 b
LANXESS Exits Polymer Business
- October 17, 2024
LANXESS has agreed to sell its Urethane Systems business to UBE Corporation for €460 million. The deal will generate proceeds of around €500 million and allow LANXESS to exit its last remaining polymer business. UBE Corporation will take over all oper
MTP SpA And Camfin Acquire Additional Pirelli Shares
- October 17, 2024
Marco Tronchetti Provera & C. S.p.A. (MTP SpA), Camfin S.p.A., and Camfin Alternative Assets (CAA) have acquired a 2.5% stake in Pirelli and plan to increase their combined stake to a maximum of 29.9% over the next 24 months. This reinforces their role as
Trelleborg Tires To Showcase New Products At EIMA
- October 16, 2024
Trelleborg Tires will unveil its first Agriculture Rubber Track, the ART1000, at the EIMA exhibition in Italy. The company will also showcase a range of other products and services designed for modern farming, including the PneuTrac hybrid tyre, ATMS tech
Linglong Tire Expands Social Media Presence In Germany And Europe
- October 16, 2024
Linglong Tire expands its social media presence in Germany and Europe with new Instagram and Facebook channels. The channels will offer content on tyres, cars, mobility, and sports sponsorships. As part of its engagement efforts, Linglong Tire is raffling
