Humaira Mushtaq’s passion for motorsport began long before many of us could even ride a bike. Growing up in the culturally rich and traditionally conservative region of Jammu & Kashmir, where women rarely took the wheel, Humaira’s love for cars set her on a path few could have imagined. But for her, racing was not just a sport – it was a calling.

A natural instinct for racing

“I grew up in a traditional Muslim family where you don’t typically see women driving, let alone racing,” says Humaira. “But from as early as I can remember, I was drawn to cars.” She remembers receiving her first toy car at the age of four, which ignited a lifelong obsession. While most girls her age were playing with dolls, Humaira was spending her days with the boys, zooming around on toy cars. Recognising his daughter’s passion, her father, a motorsport enthusiast himself, built her a custom go-kart track. “I spent hours there practicing. It just felt natural,” she recalls.

By the age of five, Humaira was competing in professional Go-Karting championships, quickly moving through the ranks to single-seaters, Formula racing, saloons, touring cars and even occasionally drifting. What started as a pastime became a lifelong pursuit.

The memory of a father’s belief

Though motorsport was not widely accepted for women in her community, Humaira's father stood firmly by her side, supporting her against societal norms. “My father was my biggest supporter. Even when people questioned my dreams, he was there, building tracks for me and taking me to races,” she shares.

Tragically, she lost her father when she was just 13, a few days before her 14th birthday. But even in his final moments, he encouraged her to continue racing. “His last words to me were, ‘Don’t stop racing. You have this rare talent that not many have. Reach out to the world and create an example’.” It was this powerful message that fuelled Humaira’s drive to prove that women can excel in motorsport, despite the odds.

Balancing education and racing dreams

Though her heart was set on motorsport, Humaira’s academic journey took an unexpected turn. “I excelled in science and English as a student,” she explains. “My mother encouraged me to pursue a medical career, and I agreed to finance the initial years of my education in exchange for getting into medical school.” Despite excelling in her studies, Humaira’s heart remained with racing. “I didn’t want to work a desk job. My passion was in motorsport, and I worked hard to balance both.”

Endurance racing: Pushing limits

Having competed in a variety of racing formats, Humaira is particularly drawn to endurance racing. “Endurance racing challenges you not just physically but mentally and emotionally too. It’s about resilience and strategy, not just speed,” she says. The long, demanding races force drivers to push their limits while balancing physical endurance with mental focus. Humaira thrives in this environment, using both physical training and mental exercises such as meditation and visualisation to prepare herself for each race.

In endurance racing, managing factors like terrain, tyre wear and race strategy is crucial. “Choosing the right tyre can be a game-changer,” she notes, emphasising the need for tailored tyre options. “Different terrains and weather conditions mean the tyre that works on one track may not work on another. It’s a science.”

A historic achievement: Representing India at the British Endurance Racing Championship

Humaira’s biggest breakthrough came when she became India’s first female representative at the British Endurance Racing Championship. “Representing India felt surreal, but it was also a huge responsibility,” she recalls. Racing for Aston Martin, Humaira not only broke barriers in a traditionally male-dominated field, but she also proved that women could compete at the highest levels of motorsport. Despite initial scepticism from some of her male teammates, Humaira earned their respect with her skill and determination on the track.

Looking ahead: The road to the future

As she looks to the future, Humaira is poised for more international racing opportunities, with upcoming races in London, Spain and Dubai. But it’s not just about racing for her – it’s about making a statement for women everywhere.

“My advice to young girls who want to pursue a career in racing is to stay focused, determined and unafraid of obstacles,” she says. “Motorsport may be a male-dominated field, but talent, dedication and self-belief are what really count. Don’t let anyone tell you what you can or cannot do – just keep pushing forward.”

Humaira Mushtaq’s journey from the streets of Jammu & Kashmir to the world’s race tracks is a testament to the power of passion, perseverance and belief. As she continues to break barriers and set new records, she remains an inspiring figure for future generations of women in motorsport.

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In a significant leadership transition, PCBL Chemical, a part of the RP-Sanjiv Goenka Group, has appointed Nilesh Koul as its Managing Director for a five-year term, effective immediately. The company's Board confirmed this appointment during its meeting on 3 November 2025 subject to final ratification by shareholders through a postal ballot. This change was prompted by the resignation of the former Managing Director, Kaushik Roy, who stepped down for personal reasons, effective from the same date. The Board emphasised that selecting Koul is a strategic step aimed at ensuring leadership continuity and driving the company's future growth.

Koul is an experienced leader with a career spanning 28 years across diverse sectors including metals, oil and gas, construction materials and FMCG. His professional background includes senior executive roles at prominent organisations such as Hindalco Industries, British Petroleum, Castrol India, LafargeHolcim and Pidilite Industries, where he managed international operations. His most recent position was Senior President and CEO of the Aluminium Downstream business at Hindalco Industries. Academically, he is a graduate of G B Pant University and an alumnus of IIM-Ahmedabad, and he also serves on the Board of the Aerospace India Association.

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Tire Rack is celebrating the induction of its co-founder and longtime CEO, Mike Joines, into the Tire Industry Hall of Fame. The company credits Joines' automotive passion as the foundational spark for its mission to transform the tyre industry. Under his leadership, Tire Rack pioneered one of the first e-commerce platforms for tyre retailing, fundamentally changing how consumers research and purchase tyres.

The company’s philosophy, established by Joines, centred on empowering customers through comprehensive information rather than just completing a sale. This customer-first approach was built upon providing detailed product reviews, performance testing data, side-by-side comparisons and expert guidance.

Tire Rack also acknowledges that Joines understood the critical role of its team, noting that the ingenuity and integrity of its employees have been the true driving force behind decades of innovation and sustained customer trust. The company honours Joines as an enthusiast, innovator and leader whose devotion remains a source of inspiration.

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Goodyear Tire & Rubber reported a net loss of USD 2.2 billion for the third quarter of 2025, weighed down by significant non-cash charges, even as its “Goodyear Forward” transformation programme continued to deliver strong operational benefits and major divestitures were completed.

The tyre maker said segment operating income rose to USD 287 million in the quarter, reflecting USD 185 million in cost-saving benefits from Goodyear Forward, which helped offset inflationary pressures, lower volumes and the absence of prior-year insurance recoveries.

“We delivered a meaningful increase in segment operating income relative to the second quarter in an industry environment that continued to be marked by global trade disruption,” said Mark Stewart, Chief Executive Officer and President. “This growth underscores our strong product portfolio and the consistency of our execution under the Goodyear Forward plan, both of which we expect to support further acceleration in our earnings during the fourth quarter.”

Goodyear’s quarterly net sales were USD 4.6 billion, with tyre unit volumes at 40 million. The company recorded a USD 1.4 billion non-cash deferred tax asset valuation allowance and a USD 674 million goodwill impairment charge during the quarter. Adjusted net income was USD 82 million, compared with USD 102 million a year earlier.

The company stated that all planned asset sales under its Goodyear Forward plan had now been completed, generating total gross proceeds of approximately USD 2.2 billion, which will be used to reduce debt and reinvest in growth.

On 31 October, Goodyear finalised the sale of the majority of its Goodyear Chemical business to an affiliate of Gemspring Capital Management, LLC, for USD 650 million, subject to adjustments. At closing, Goodyear received approximately USD 580 million in cash, which reflected working capital adjustments, including those for intercompany receivables.

“With the sale of our Chemical business, we have completed all of the planned asset sales included in our Goodyear Forward transformation program,” said Stewart. “Additionally, we surpassed initial expectations, with total gross proceeds from the divestitures of approximately USD 2.2 billion. As a result, we have a more focused, streamlined portfolio that will allow us to grow our core products and services and achieve our vision of being #1 in Tires and Service.”

The sale included Goodyear Chemical facilities in Houston and Beaumont, Texas, as well as a research office in Akron, Ohio. The company retains its chemical plants in Niagara Falls, New York, and Bayport, Texas, as well as the rights to the products produced there.

By region, the Americas segment reported third-quarter sales of USD 2.7 billion, a 4.2 percent year-over-year decline, as replacement tyre volumes decreased due to high inventories of imported products in the US market. Segment operating income fell to USD 206 million from USD 251 million.

In Europe, the Middle East and Africa (EMEA), sales rose 4.4 percent to USD 1.4 billion, supported by favourable currency movements and stronger price/mix. Operating income increased to USD 30 million from USD 23 million a year earlier.

Asia Pacific sales fell 18.9 percent to USD 501 million, reflecting the sale of the Off-the-Road (OTR) tyre business and softer demand in Japan, Australia and China. Segment operating income dropped to USD 51 million from USD 72 million.

Goodyear said it expects to achieve about USD 1.5 billion in annualised run-rate benefits from the Goodyear Forward programme by the end of 2025.

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Tomoshige “Tomo” Mizutani, advisor and former Chairman and Chief Executive of Nitto Tire USA Inc., has been inducted into the Tire Industry Hall of Fame, one of the sector’s most prestigious honours.

The induction, hosted by the Tire Industry Association (TIA), will take place in Las Vegas alongside the 2025 SEMA Show, running from November 4 to 7.

With more than four decades in the tyre industry, Mizutani is widely credited with transforming Nitto Tire USA from a struggling operation in the early 1990s into a billion-dollar brand recognised for its innovation, performance, and strong connection with car enthusiasts.

“Our 2025 inductees embody the spirit of innovation and service that defines the tyre industry,” said Dick Gust, CEO of the Tire Industry Association. “Their contributions have improved safety, expanded opportunity, and shaped the way we do business worldwide.”

Mizutani’s approach combined deep market insight with bold risk-taking. By engaging with emerging communities of young car enthusiasts and later expanding into the off-road segment, he helped reposition Nitto as a brand built around passion and creativity.

Known for embracing innovation, Mizutani was among the first to champion enthusiast-driven product development and leverage digital and social media marketing to build brand loyalty. Under his leadership, Nitto cultivated a social media community exceeding 13 million followers, making it one of the most engaged automotive brands online.

“When new game-changing innovations would arise,” Mizutani said, “we viewed them as huge opportunities instead of risks.”

A frequent speaker at leading universities and industry events, Mizutani has shared his philosophy of creativity, resilience and perseverance with aspiring business leaders, often reminding audiences to “never ever give up.”

“This honour is beyond my dreams,” Mizutani said. “I’ve been privileged to meet and learn from industry legends who inspired me since my first day in America. I am deeply grateful for the incredible people who have guided, challenged, and supported me throughout my journey.”

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