Radar Tires Expands in North America with New Sales Leadership Appointment

Radar Tires Expands in North America with New Sales Leadership Appointment

Radar Tires announced the appointment of Casey Hill as Territory Sales Manager for North America, bolstering the company’s leadership team as it continues its market expansion strategy.

Hill brings more than ten years of sales leadership experience to the role, where responsibilities will include strengthening brand presence, enhancing sales performance and developing strategic initiatives across regional markets.

The appointment comes amidst what industry analysts describe as a particularly competitive period in the North American tyre market, with manufacturers vying for greater market share through enhanced dealer networks and customer-focused innovations.

“We’re excited to welcome Casey to the Radar Tires family," said Rob Montasser, Vice President of Radar Tire, North America. "Casey's proven success in sales leadership and innovative strategy development aligns perfectly with our commitment to delivering exceptional, affordable products to our customers. We're confident that Casey's expertise will be instrumental in further strengthening Radar Tires’ footprint across North America."

Before joining Radar, Hill specialised in team mentorship, performance metrics development and customised client solutions, consistently driving sales teams to exceed targets whilst building strong industry relationships.

“I am honoured to join the Radar brand and to help in the growth of Radar Tires in North America,” said Hill. “I am passionate about creating value through strong partnerships and helping independent tyre dealers to grow their business profitably. I look forward to building on Radar Tires’ legacy of innovation and excellence.”

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    ETRMA Promotes Stella Mathioudaki To Director, Product Stewardship & Sustainability

    ETRMA Promotes Stella Mathioudaki To Director, Product Stewardship & Sustainability

    The European Tyre and Rubber Manufacturers’ Association (ETRMA) has promoted Stella Mathioudaki to Director, Product Stewardship & Sustainability of the association.

    Mathioudaki has a PhD in Physics – Materials Science from Université de Namur and has been associated with ETRMA since November 2023, working in the capacity of Senior Manager – Materials Stewardship. Before joining ETRMA, she worked as Senior Chemicals Policy Consultant at Acumen Public Affairs. Mathioudaki will spearhead important projects on tyre sustainability, including recycling, retreading and the wider shift to a circular economy, in addition to supervising the industry's efforts on responsible material usage and regulatory compliance in her new position at ETRMA.

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      Titan International Expands Goodyear Brand Licensing Rights

      Titan International Expands Goodyear Brand Licensing Rights

      Titan International, a major global manufacturer of wheels and tyres for off-highway equipment, has secured expanded production rights for the Goodyear brand across multiple segments while renewing its existing farm tyre licensing agreement.

      The deal extends Titan’s Goodyear brand manufacturing rights to include light construction, industrial, all-terrain vehicle (ATV), lawn and garden and golf tyre categories, significantly broadening the company's market reach.

      The Illinois-based firm will continue to produce agricultural tyres under the Goodyear Farm Tyres brand, maintaining its presence in a sector where it manufactures products ranging from small implement tyres to the massive Goodyear Optitrac LSW1400/30R46, which features the company's proprietary Low Sidewall Technology.

      "We are excited to expand our rights into new segments, as this positions us to serve our customers better and seize emerging market opportunities. Our research and product development teams are already working on new tyre designs incorporating innovative tyre technologies for the lawn and garden segment," said Paul Reitz, President & CEO of Titan International, Inc. "In addition to our newly acquired rights, we are reaffirming our commitment to the farm tyres segment, a vital part of our business."

      Industry analysts note the expansion comes as demand for specialised off-highway tyres remains robust across construction, agriculture and recreational sectors despite broader economic headwinds.

      Strategic growth initiative

      The licensing expansion aligns with Titan's strategy to offer comprehensive wheel and tyre solutions across forestry, powersports, outdoor power equipment, agricultural, earthmoving, and light construction markets throughout the Americas, Europe, Africa and Oceania.

      The company did not disclose the financial terms of the licensing agreement with Goodyear.

      Titan International has manufactured Goodyear-branded farm tyres since 2005, when it acquired Goodyear's North American farm tyre business. It has gradually expanded these rights to other regions, including Latin America, Europe, the Middle East, Africa, Russia, and Australia.

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        CEAT Commits Around INR 10 Bln In FY26 Capex,

        CEAT Commits Around INR 10 Bln In FY26 Capex,

        Targets International Expansion With Robust Fy25 Performance

        CEAT Ltd, the RPG Group’s flagship tyre company, reported a capital outlay of INR 9–10 billion  for FY2025–26, keeping with its capacity expansion strategy and global integration. This follows a strong FY25 performance of record revenues and double-digit growth across segments despite headwinds in overseas markets.

        The business ended FY25 with consolidated revenue of INR 132.18 billion, up 10.6 percent year on year, and Q4 revenue at INR34.21 billion, up 14.3 percent compared to the corresponding quarter previous year. The standalone full-year EBITDA was INR 15 billion, and the Q4 operating margins improved by more than 100 basis points sequentially at 11.5 percent.

        "We incurred capex of INR 9.46 billion in FY25 and expect a similar investment of INR 9–1.0 billion in FY26," said Kumar Subbiah, Chief Financial Officer of CEAT. “Our focus will remain on expanding capacities, particularly at the Ambarnath and Chennai facilities, and funding the integration of the recently acquired Camso compact construction business.”

        In FY25, CEAT depreciated assets amounting to INR11.40 billion. Much of its FY26 capex will also fund equipment modernisation and normal maintenance at its Sri Lankan operations under Camso, putting a cost estimate of INR1-1.25 billion a year over the next two years.

        The Camso acquisition, which is effective from Q2 FY26, is likely to significantly enhance CEAT's global presence. "Integration work has started in full acceleration," said Arnab Banerjee, Managing Director and CEO. “Initial focus will be on customer retention and business continuity, with consolidation expected to double Camso’s current capacity utilisation over the medium term.”

        Despite international uncertainties, CEAT renewed its medium-term global growth forecast. Exports are expected to form 25–26 percent of the revenue post-Camso integration. Turbulence still exists in Latin America and North America due to tariff policies and exchange rate weakness. CEAT, however, has reported consistent performance in Europe, the Middle East, and Southeast Asia.

        CEAT also indicated a likely raw material cost stabilisation in Q1 FY26, potentially softening by Q2, to support its margin growth initiatives. The gross margin was 37.5 percent in Q4 FY25, and the target was above 40 percent in the near term.

        Banerjee signaled ongoing activity in electrification, premiumisation, and digitalisation. "With our technology outlays and new product introductions, we are hopeful of sustaining 20–25 percent market share in electric vehicle segments," he asserted.

        The debt levels of the company are under control. The gross debt as of 31 March 2025 was INR 19.28 billion with a debt-to-EBITDA ratio of 1.3x and debt-to-equity ratio of 0.44x. Subbiah added that CEAT's strong cash generation will allow it to finance both organic and inorganic growth without materially diluting leverage metrics.

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          Black Swan Graphene Appoints Jobin George As Technical Sales Manager (EMEA)

          Black Swan Graphene Appoints Jobin George As Technical Sales Manager (EMEA)

          Black Swan Graphene Inc. (Black Swan) has appointed Jobin George as Technical Sales Manager for the Europe, Middle East and Africa (EMEA) region with immediate effect. This significant move, which supports Black Swan's worldwide commercial team as it promotes adoption of its graphene-enhanced products, follows Dan Roadcap’s appointment as Head of Technical Sales and Business Development.

          George has an MBA from ICFAI University in India, a Post Graduate Diploma from the Central Institute of Petrochemical Engineering and Technology in India and a Bachelor of Science in Chemistry from Mahatma Gandhi University, India. He brings with him more than 20 years of global expertise in project management, business development and technical sales. George has had positions at Sands International Plastics and Sojitz Corporation in the United Arab Emirates, as well as Aquapak Polymers and H-Pack Global Ltd.

          Simon Marcotte, President and Chief Executive Officer, Black Swan Graphene, said, “The addition of Jobin to our commercial team marks another important milestone in our global expansion strategy. His international experience, particularly in the EMEA region, and his proven ability to translate technical capability into commercial success make him an ideal fit as we continue scaling our graphene business.”

          George said, “Black Swan is positioned at the forefront of advanced materials innovation. The opportunity to contribute to the adoption of such a transformative technology across the EMEA region is tremendously exciting. I look forward to engaging with our existing customers and partners, along with exploring opportunities for new clients as well, to showcase the performance and value of Black Swan’s graphene solutions.”

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