Until 1989, the IAA featured both passenger cars and commercial vehicles in one show that was held at the exhibition site in Frankfurt. Following a recent slump in visitor and exhibitor numbers, organisers VDA decided not to renew the contract with Messe Frankfurt and moved the show out of Frankfurt.

In March 2020, a decision was made to host the event in Munich due to it being home to manufacturers like BMW and several other tech companies like Apple and Google. The organisers also received support from the Greens-led city council and Bavarian state government to host the show. Due to the Covid-19 pandemic, the show was postponed from 2020 to 2021.

Finally, the show was held from 7-12 September 2021 in Munich. The move to Munich worked wonders for the organisers, as the 2021 edition of IAA Mobility witnessed over 400,000 participants from 95 countries, along with an international media reach of 137 billion. The show featured around 744 exhibitors and 936 speakers from 32 countries presenting their views and innovations.

Talking about the show's success, Hildegard Müller, President, German Association of the Automotive Industry (VDA), said, "We took a courageous step and were rewarded by the visitors. A total of 400,000 participants in only six days is a clear case of 'voting with their feet’. The visitors were evidently very interested in and delighted by the whole experience. The IAA MOBILITY is now the largest mobility event in the world. New electric cars, bicycles, e-scooters, energy policies and urban planning, digitisation and more – here in Munich, we presented and discussed what needs to be thought together in the future. At the IAA MOBILITY Conference, we also experienced lively discussions on the path to new mobility. The exhibitors unveiled more than 100 premieres of their latest models and concepts, underscoring the fact that the transformation of mobility is being driven forward toward climate neutrality and digitisation."

The 2021 edition of IAA Mobility was focused around 'What will move us next?'. Exhibitors presented their innovations focussing on automation, connectivity and sustainability. Below we will discuss the innovations displayed by Michelin and Continental and talk about the other significant exhibits from the show.

Continental:

It was a busy IAA Mobility 2021 for Continental. The company showcased a slew of innovations ranging from sustainable tyre to autonomous vehicle concept. All concepts showcased were categorised under the tagline 'Safe, Connected, Convenient and Driving the Future of Mobility for 150 years'.

The first concept showcased was the Conti GreenConcept. This sustainable tyre concept has been developed by Continental's development engineers and material experts to set new standards in integrated sustainability. The concept tyre consists of an exceptionally high proportion of traceable renewable and recycled materials. It is based on innovative and resource-saving lightweight technology that ensures an extended service life.

Conti GreenConcept tyre is made up of 35 percent renewable raw materials and 17 percent recycled materials. The use of organic materials like natural rubber from dandelions, silicate from the ashes of rice husks and various vegetable oils and resins help significantly in reducing the use of crude oil-based materials. In addition to using processed steel and carbon black, Continental is using recycled PET bottles in the casing of the tyre for the first time as part of its Contyre.Tex technology rollout.

Another advantage of the Conti GreenConcept’s lightweight design is significant reduction in rolling resistance helping improve EV range by up to six percent. According to an analysis by Continental, the rolling resistance of Conti GreenConcept is around 25 percent lower than any tyre with Class A rolling resistance. In addition, the Conti GreenConcept’s renewable tread can be replaced repeatedly with little effort. This tread concept significantly improves resource conservation along with improving the service life of the tyre.

Conti GreenConcept tyre also features COKOON – a technology for the eco-friendly bonding of textile reinforcements with rubber compounds developed by Continental in partnership with Kordsa.

Talking about the Conti GreenConcept tyres, Nikolai Setzer, CEO, Continental, said, "The cars of the future will still need tyres, which we are making more and more sustainable, as our concept tyre shows. The Conti GreenConcept demonstrates how Continental will completely convert its global tyre production to use sustainable materials by 2050 at the latest. This underlines our goal of being the most advanced tyre company along the entire value chain by 2030 in terms of social needs as well as our ecological and economic footprint. Step by step, our solutions and technologies are enhancing sustainability and climate protection on the road."

Continental also showcased its vision of an autonomous, connected future with the AMBIENC3 car interiors concept alongside the sustainable tyre concept. A combination of 'Ambience' and '3^rd space', the AMBIENC3 concept combines driving, working and relaxing in one interior.

The interior concept features the Ac2ated sound system, offering immersive audio without speakers and the ProViu360 driver assistance system, which gives the driver much better situational awareness thanks to a camera surround system. Other exciting interior features include intelligent glass control with adjustable dimming and heating functions, a built-in solar charger with photovoltaic cell and the eTravel companion software that provides the driver with tips and recommendations relating to the route, refuelling and the condition of the vehicle.

Michelin:

While Continental stayed inside, Michelin took to the streets to showcase its airless tyre solution. Equipped on a Mini Electric, the Unique Puncture-Proof Tyre System (UPTIS) made its public appearance offering test ride opportunities to certain lucky members of the general public. Announced in 2019, the UPTIS is part of Michelin's sustainable development model, the Vision concept. The UPTIS features a structure capable of supporting the vehicle while also delivering a safe and comfortableride without air.

Commenting on the UPTIS, Cyrille Roget, Group Technical and Scientific Communications Director, Michelin, said, "The truly distinctive structure of the Michelin UPTIS prototype, or its 'weirdness' as we have often heard it called, really attracted the attention of many visitors and left a lasting impression on them. It was an exceptional experience for us, and our greatest satisfaction came at the end of the demonstration when our passengers, who were admittedly a little wary at first, said they felt no difference compared with conventional tyres."

Along with the public display of the UPTIS, Michelin also showcased its first competition tyre constructed using 46 percent sustainable materials. These products align with Michelin's ambition to use 100 percent sustainable material in its tyres by 2050.

In addition to the tyre showcase, Michelin also ran an awareness campaign encouraging people to recycle waste and highlight the company's sustainability plans. Six teams were tasked to collect enough plastic to produce 100 tyres. The company has plans to utilise these PET bottles and yoghurt cups to produce and launch its first sustainable tyre latest by 2024. As part of its awareness campaign, Michelin also revealed a recipe for creating sustainable tyres using green waste and plastic waste.

Other launches

Apart from Continental and Michelin, there were many manufacturers and suppliers who showcased their vision of a carbon-neutral future. Some of the highlights include BMW's i Vision CirCular Concept car made from almost 100 percent recycled materials; automated valet parking system jointly developed by Bosch, Mercedes-Benz, BMW, CARIAD, Ford, Jaguar Land Rover, Continental, Valeo, Kopernikus Automotive and Unikie; driverless robotaxi for 2022 produced in collaboration by Intel and Sixt and multiple in-cabin monitoring systems for cars showcased by Valeo, Bosch and Continental.

Following a challenging phase with the ongoing pandemic, the auto industry has emerged greener and stronger than ever before and the IAA 2021 was an indication of the same. The next IAA Mobility show is scheduled from 5-10 September 2023 and we can expect the auto industry to come up with more intelligent and greener solutions to our mobility problems. (TT)

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NEXEN TIRE reported third-quarter 2025 sales of 780.7 billion won and operating profit of 46.5 billion won, the company said on Thursday, as stronger demand in Europe and South Korea helped offset the impact of item-specific tariffs in the United States.

Sales in Europe were supported by an expansion of original equipment supply for newly launched vehicles and higher demand for winter products following tighter seasonal tyre regulations. In South Korea, the company posted its highest-ever quarterly revenue, aided by peak summer demand and continued growth in its tyre rental business.

Profit margins improved from the previous quarter, helped by lower raw material costs and reduced logistics expenses, with prices for natural and synthetic rubber and the Shanghai Containerized Freight Index (SCFI) remaining on a downward trend.

The company has been rolling out region-specific product strategies. In South Korea, it launched the N’FERA Supreme EV ROOT in August, designed for both electric and internal combustion engine vehicles. It also brought the WINGUARD SPORT 3 winter tyre to Europe and Japan, and strengthened its U.S. high-performance line-up with the N’FERA SPORT, already supplied as original equipment to premium European carmakers. In Australia, it added the ROADIAN ATX for larger sport utility vehicles.

NEXEN TIRE is also expanding its international footprint, with new sales bases recently opened in Spain and Poland, and additional hubs planned in Southeastern Europe, Latin America and the Middle East.

The tyre maker said it is enhancing R&D efficiency through the adoption of a High Dynamic Driving Simulator, the first of its kind in South Korea's automotive sector, allowing reduced reliance on physical prototypes and road tests. The firm also received approval for its near-term emissions reduction targets from the Science Based Targets initiative (SBTi) in September.

“The solid performance in the third quarter, even after factoring in tariff-related costs, indicates that our strategy for managing external uncertainties is yielding positive results,” CEO John Bosco (Hyeon Suk) Kim said. “We will continue to pursue sustainable growth through product portfolio diversification and the optimisation of global production operations.”

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MAXAM is set to showcase its advanced agricultural tyre solutions at Agritechnica 2025 in Hannover from 9 to 15 November. Visitors can find the company at Stand A04 in Hall 20, where the exhibition theme ‘More Pull. Less Fuel’ will guide the presentation. This philosophy underscores the company's dedication to developing tyres that enhance operational efficiency and contribute to more sustainable farming practices by reducing fuel consumption and soil compaction. The event provides a significant opportunity for MAXAM to demonstrate its commitment to innovation and the expansion of its product portfolio.

On display will be a range of DLG-awarded tyres, including robust models for high-horsepower tractors and versatile options for specialised implements, illustrating the company's technical breadth. Beyond presenting products, MAXAM considers the trade fair a vital meeting point for industry collaboration. It serves as a platform for direct engagement with farmers, partners and machine manufacturers, whose feedback provides invaluable, real-world insights that directly influence the future direction of product and service development, ensuring they remain precisely aligned with evolving market needs.

As a part of SAILUN Group, one of the 10 largest tyre manufacturers in the world, MAXAM leverages its extensive international presence and collaborative research initiatives to drive continuous innovation. The company is dedicated to advancing agricultural tyre technology, creating sophisticated solutions that directly address the evolving demands of modern farming. This focus encompasses critical areas such as enhanced sustainability, improved cost-efficiency and superior field performance.

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Radar Tires has expanded its US distribution network with the opening of two new domestic distribution centres in Knoxville, Tennessee, and Parkesburg, Pennsylvania, as part of efforts to strengthen product accessibility and service reliability for its growing customer base.

The expansion increases the brand’s domestic distribution centres from one to three. It aims to improve delivery efficiency and inventory availability across key regions, particularly in the Southeast and Northeast of the United States.

“Stocking domestic tyre inventory is a key part of the Radar strategy going forward,” said Rob Montasser, Vice President of Sales for Radar Tires, USA. “It ensures our distributors and retailers have easy access to the products that their customers need, without the long lead times or supply chain uncertainty. These new locations allow us to be faster, more flexible, and more dependable.”

The company said the additional facilities will reduce delivery times and ensure that its core product range remains readily available to meet rising market demand.

With existing operations in Texas, the addition of centres in Tennessee and Pennsylvania underscores Radar Tires’ long-term strategy to enhance supply chain responsiveness and reinforce its position as one of the most customer-focused distribution networks in the tyre industry.

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Cabot Corporation reported lower quarterly earnings, as weaker demand in its Reinforcement Materials segment and softer volumes in Performance Chemicals weighed on results. However, the company ended fiscal 2025 with solid cash flow and continued shareholder returns.

For the fourth quarter ended 30 September, Cabot posted net income of USD 43 million, or USD 0.79 per share, compared with USD 137 million, or USD 2.43 per share, in the same period a year earlier.

Full-year diluted earnings per share were USD 6.02, while adjusted earnings per share rose 3 percent year-on-year to USD 7.25.

“I am very pleased with another strong year of Adjusted EPS growth where we achieved USD 7.25, up 3 percent year over year, in a year with a challenging macroeconomic backdrop,” said Sean Keohane, Cabot’s President and Chief Executive Officer. “This performance was driven by higher EBIT in our Performance Chemicals segment, which increased 18 percent year over year, partially offset by EBIT in our Reinforcement Materials segment, which declined 5 percent.”

Cabot’s revenue for the quarter fell to USD 899 million from USD 1.0 billion a year earlier, while full-year sales declined to USD 3.7 billion from USD 4.0 billion.

The Boston-based speciality chemicals manufacturer said fourth-quarter cash flow from operations totalled USD 219 million, enabling USD 64 million in shareholder returns through dividends and share buybacks. For the full fiscal year, Cabot generated USD 665 million in operating cash flow, funding USD 274 million in capital investments, USD 96 million in dividend payments and USD 168 million in share repurchases.

Keohane said the company’s balance sheet remained strong, with a net debt-to-EBITDA ratio of 1.2 times, providing flexibility to invest in growth while continuing to return capital to shareholders.

The company’s Reinforcement Materials segment reported a USD 4 million decline in EBIT from the prior-year quarter, reflecting lower volumes in the Americas and Asia Pacific, partly offset by cost efficiencies. Global volumes fell 5 percent, including a 7 percent drop in the Americas, where lower tyre production by customers was attributed to increased Asian tyre imports.

Performance Chemicals EBIT decreased USD 2 million year-over-year, mainly due to a 5 percent drop in volumes led by weaker demand in Europe, particularly from construction-related applications.

Cabot ended the quarter with  percent 258 million in cash and spent percent 64 million on capital expenditures. The company recorded a 55 percent effective tax rate in the fourth quarter and an operating tax rate of 27 percent for fiscal 2025.

Looking ahead, Keohane cautioned that market conditions remain challenging, particularly in the Reinforcement Materials sector. “We do not yet see signs of improvement in the external environment, particularly as it relates to regional demand trends in Reinforcement Materials due to the impact of elevated Asian tire imports into western regions,” he said.

The company anticipates improvement in Performance Chemicals, led by growth in battery materials and infrastructure-related applications, while maintaining strong cash flow to support investment and shareholder returns.

“While market conditions remain challenging, we continue to execute on our foundation of commercial and operational excellence, and we remain focused on managing costs, strengthening operations, and positioning the company for long-term growth,” Keohane said.

In fiscal 2025, Cabot also announced an agreement to acquire Bridgestone Corporation’s reinforcing carbons plant in Mexico and released its 2024 Sustainability Report, noting it had achieved 11 of its 15 sustainability goals ahead of schedule and established new 2030 targets.

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