For its ID. Buzz, Volkswagen has equipped it with Hankook’s Ventus S1 evo 3 ev. While for the transporter ID. Buzz Cargo, the 18-inch entry-level tyres are available exclusively, the electric bus ID. Buzz can also be ordered with the 21-inch version. In this combination, the first Hankook premium passenger car tyre with the ‘HL’ load index designation is also making its debut. One of the special challenges during the approximately 2.5-year development phase was the tyre tuning with regard to the very high permissible total weight of the VW ID. Buzz and the distinct driving dynamics at the level of a passenger car.

Sanghoon Lee, President of Hankook Tire Europe, said, “Hankook and Volkswagen have been working together successfully for many years. Developing the tyres for the VW ID. Buzz represents another highlight of this cooperation. It makes us proud that this car, reminiscent of the globally popular original 'Bulli', will be delivered with Hankook tyres straight from the factory."

Rolling resistance, load-bearing capacity and comfort
With the 18-inch version of the Ventus S1 evo 3 ev, Hankook supplies the ID. Buzz family with all-round qualities. The tyre, which is specially designed for electric vehicles, brings the above-average drive torque onto the road with confidence, indispensable for the Volkswagen ID. Buzz, which combines the driving dynamics of a passenger car with the curb weight of a van.

In addition, the tyre is characterised by excellent stability. The basis for the robust tyre body of the Ventus S1 evo 3 ev is the double-ply carcass made of a specially developed high-performance fibre, which combines stability and low weight. Thus, the Ventus S1 evo 3 ev has a low tare weight relative to its size. Added to this are the benefits of the tread design, which ensures outstanding acoustic comfort. As a result, the noise emissions, which are low in electric vehicles per se, are significantly reduced once again.

Another characteristic of the Ventus S1 evo 3 ev is its high abrasion resistance – the result of the tread compound specially designed for high drive torques. In terms of rolling resistance, the tyre also fulfils the specifications in an exemplary manner. Compared to a comparable B-rated tyre, the Label A tyre can contribute to an increase in range of up to 30 kilometres per battery charge.

In the 21-inch dimension for the ID. Buzz – due to the reduced sidewall height – an additional steel-based reinforcement is used in the bead area. This contributes to an even higher sidewall stiffness. This ensures a particularly dynamic, direct steering feedback. Finally, an independent feature of the 21-inch version is the aerodynamically optimised contour of the rim protection strip, which also contributes to more reach.

First Hankook passenger car tyre with HL signature
With the Ventus S1 evo 3 ev in HL 235/45 R21 104T XL and HL 265/40 R21 108T XL for the ID. Buzz, Hankook presents passenger car tyres with the ‘HL’ load index designation for the first time in its portfolio. The latest generation of powerful passenger cars and SUVs with battery drive is characterised by a significantly higher vehicle weight. This requires tyres that have a significantly higher load capacity at the same inflation pressure. Hankook claims that the Ventus S1 evo 3 ev masters this challenge with aplomb, so that the VW ID. BUZZ can bring its driving dynamics, which are favoured by the low centre of gravity, onto the road without any restrictions.

Klaus Krause, Head of the Hankook Europe Technical Center in Hanover, explained, “With the development of the high load capacity tyre, Hankook is further expanding its original equipment portfolio. The tyre, which is adapted to the higher vehicle weight that is of great relevance for e-transporters, supports the driving characteristics of the VW ID. Buzz.”

SEALGUARD technology
The 21-inch dimension of the Ventus S1 evo 3 ev is equipped with the Hankook SEALGUARD, sealing material as a further comfort and safety feature. This automatically seals punctures of up to five millimetres in diameter in the area of the tyre tread. This technology allows the driver to continue driving even in the event of a nail puncture, for example. A spare wheel or puncture kit therefore no longer needs to be carried in SEALGUARD-equipped vehicles. It provides additional space in the boot, saving weight and eliminating the need for a potentially dangerous roadside wheel change. In addition to their safety benefits, tyres equipped with this technology continue to offer the same level of comfort, as their basic construction is no different from tyres without SEALGUARD.

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JK Tyre & Industries is aiming for double-digit revenue growth in FY2026, outpacing its forecast for single-digit expansion across the broader tyre industry. Managing Director Anshuman Singhania outlined the company’s ambitions during a post-earnings media call, underscoring confidence in demand recovery and strategic market positioning.

Q1 Performance Overview

For the first quarter of FY2026, JK Tyre reported revenue of INR 38.91 billion, with EBITDA at INR 4.24 billion, translating to a margin of 10 percent. Net profit stood at ₹1.55 billion — up 51 percent compared with the previous quarter, but down 21 percent YoY.

Singhania attributed the annual decline to muted original equipment (OE) demand, particularly in truck and bus radial (TBR) volumes, alongside higher raw material costs compared to the same period last year. He also highlighted an adverse impact from the company’s Tornel business in Mexico, which faced uncertainty due to tariffs on exports from Mexico to the United States, dampening volumes.

Resilience in Domestic and Export Markets

Dr Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries, said, “The growth momentum in domestic markets remained robust in Q1, with JK Tyre clocking a sales growth of 11 percent YoY, as contributed by a steady demand for our products in both replacement as well as OE segments, underscoring JK Tyre’s continued focus on core growth drivers and strengthening market presence.”

“Despite a challenging and uncertain macro-economic environment, exports of passenger car tyres witnessed a strong traction both on QoQ and YoY basis, signifying pull for our products and enhanced brand perception in the global markets,” said Dr Singhania.

Operational efficiencies and strategic pricing supported performance, even as natural rubber prices remained elevated. Subsidiaries Cavendish (India) and Tornel (Mexico) continued to contribute significantly to the group’s consolidated financials.

Operational efficiencies and strategic pricing supported performance, even as natural rubber prices remained elevated. Subsidiaries Cavendish (India) and Tornel (Mexico) continued to contribute significantly to the group’s consolidated financials.

Regarding trade tensions between India and the US, Anshuman Singhania noted that exports from India to the US account for only around 3 percent of JK Tyre’s revenue and could be redirected to markets such as Mexico, Latin America, Brazil and the UAE if required. With zero tariffs in Mexico, JK Tyre can utilise its production base there to meet demand for both passenger and truck radials. The EU and UK, where JK Tyre holds a strong position in the TBR segment, also remain tariff-free.

Capacity expansion

The company’s INR 14 billion capital expenditure plan is progressing on schedule, covering passenger car radial (PCR), TBR and all-steel truck radial projects. For the year, investment is expected to total INR 9-10 billion, aimed at boosting production capacity by 30-40 percent.

A key driver for future profitability is the shift towards premium products. The share of 16-inch and above passenger car tyres in JK Tyre’s portfolio has grown from 18 percent in FY2020 to 25 percent in FY2025, with a target of 40-45 percent over the next two to three years. This change is being fuelled by rising SUV sales, larger rim sizes in entry-level cars and strong export demand.

The company has also developed a complete range of tyres for electric vehicles, spanning commercial truck radials, bus tyres, passenger radials and two/three-wheeler tyres  Major OEMs such as Ashok Leyland’s Switch Mobility and Tata Motors are sourcing these products, including for last-mile connectivity vehicles and newly launched EV buses.

Market Outlook

The replacement market has been a bright spot, with passenger radial volumes up 32 percent year-on-year and truck radial volumes growing in the high single digits. JK Tyre expects demand to strengthen in the second half of FY2026, supported by infrastructure development, a favourable monsoon, potential interest rate cuts, and improved consumer liquidity.

Anshuman Singhania stressed that the worst of raw material price pressures appear to be over, paving the way for margin improvement as the product mix shifts and capacity utilisation rises. With the small car segment’s gradual decline offset by growth in premium categories, JK Tyre remains confident in sustaining momentum.

“Overall, India is poised for growth,” Singhania concluded. “We see positives across the board — from infrastructure push to evolving consumer preferences — and we are well-positioned to capitalise on these trends.”

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Yokohama Rubber has begun supplying its ADVAN V61 tyres as original equipment for BYD’s new SEALION 6 DM-i SUV, marking the Japanese manufacturer’s first OE partnership with the Chinese carmaker.

The SEALION 6 DM-i, a plug-in hybrid SUV launched by BYD Company Ltd. this July, is being factory-fitted with 235/50R19 103V size ADVAN V61 tyres. The announcement comes as Yokohama seeks to grow its footprint in China’s fast-evolving electric and hybrid vehicle market.

The ADVAN V61 is part of Yokohama’s global flagship ADVAN range and is positioned as a premium SUV tyre. The company said the tyre “offers ADVAN’s hallmark premium-grade driving performance, along with a high-level balance of fuel and energy efficiency, handling stability, and quietness, achieving both comfortable city driving and long-distance touring for heavyweight SUVs.”

The SEALION 6 DM-i combines a 1.5-litre naturally aspirated petrol engine producing up to 74kW with an electric motor generating 160kW. Buyers can choose between 18.3 kWh and 26.6 kWh blade battery options, offering electric driving ranges of 93km and 130km, respectively. All models come equipped with advanced driver assistance systems as standard, and the exterior design draws inspiration from the concept of “ocean aesthetics.”

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Sumitomo Rubber Industries Ltd said its subsidiary Dunlop Tyre Japan Ltd has completed a Japan Fair Trade Commission investigation into automotive all-season tyre sales after the regulator approved a commitment plan submitted by the unit.

The probe, which examined the subsidiary’s sales practices, concluded without the commission identifying any violation of Japan’s Antimonopoly Act, Sumitomo Rubber said in a statement.

Under Japan’s commitment procedures, companies can submit plans to address potential competition concerns without admitting wrongdoing, allowing them to resolve investigations while avoiding formal sanctions.

"We deeply apologise for the great trouble and anxiety that we have caused to all concerned, including our clients and business partners,” the tyre maker said.

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Belgian steel wire maker Bekaert reported resilient first-half 2025 earnings as strong cash generation and cost control offset softer sales, but warned that tariffs and currency pressures are weighing on demand.

The company posted consolidated sales of €1.9 billion, down 5.2 percent year-on-year, with volumes declining 2.6 percent and price/mix effects stripping out a further 2.2 percent. Underlying EBIT slipped 16.2 percent to €171 million, delivering a margin of 8.8 percent compared with 9.9 percent a year earlier.

Free cash flow surged to €123 million from €43 million in the prior-year period, driven by a €135 million reduction in working capital and €21 million in cost savings as the company continued to streamline operations and rein in capex. Net debt fell to €327 million from €399 million despite a continuing €200 million share buyback programme, €74 million of which has been completed.

“We have continued to focus on what we can control best – cash flow and costs - and have significantly reduced overheads and working capital in H1 2025,” chief executive Yves Kerstens said. “Equally, I am very pleased with the hard work of our teams fighting for volumes in the current challenging markets.”

He added: “We are also taking further steps to make our business units more autonomous and agile. Therefore, I am very confident that we will come out of the current business environment stronger and more cost competitive than ever before.”

Bekaert said volumes were particularly strong in its Steel Wire Solutions and Rubber Reinforcement divisions in the United States and China, while European and Latin American demand lagged. Its Brazilian joint ventures delivered €24 million in net profit share, up from €20 million a year ago.

However, the group cautioned that growing trade tensions – including a rise in US steel tariffs from 25 percent to 50 percent – and the weakening of the US dollar and Chinese yuan against the euro were eroding pricing power and softening orders.

“Following a period of resilience in Q2, the tariff uncertainty and weakening economic outlook has started to have an impact on demand,” Bekaert said.

The company now expects slightly lower full-year 2025 sales on a like-for-like basis, with an underlying EBIT margin of between 8.0 percent and 8.5 percent, down from 8.8 percent in the first half.

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