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Featured Articles

  • Higher rim size car tyre sales rising in UK’s stratified recovery – GfK

    Challenging trading conditions persist in the UK thanks to various interlocking crises, though 2022’s replacement tyre market demonstrates the way some segments resisted the strong headwinds better than others. While overall tyre sales (units) were basically flat versus 2021, any anticipated surging recovery from a pandemic induced nadir was, broadly speaking, put off for another year. Contrastingly, the value of the overall market surged, though this effect was more due to inflation and incre

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  • Hankook Tire: Record sales in 2022

    Announcing its 2022 financial results, Hankook Tire & Technology (Hankook Tire) shares that its consolidated global sales reached an “all time high” last year. Sales increased 17.5% to KRW 8,394.2 billion (£5.6 billion, $6.9 billion). Operating profit rose 9.9% YoY, to KRW 705.7 billion (£468.2 million, $576.7 million).

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  • Prometeon extends WorldSBK engagement with Yamaha team sponsorship

    It may not produce motorcycle tyres, but Prometeon Tyre Group benefits from the exposure the Pirelli brand gains as top sponsor and tyre supplier to WorldSBK. Prometeon also took on WorldSBK official sponsorship in April 2022 and now seeks to further raise its profile amongst those who enjoy riding fast on two wheels by becoming co-title sponsor of the Yamaha WorldSBK team.

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  • Britishvolt, UK car manufacturing and OE tyres

    In May-2020, we needed a lift. We’d all been through the first and arguably harshest lockdown and Prime Minister Boris Johnson modified the COVID-19 message from "stay at home, protect the NHS, save lives" to "stay alert, control the virus, save lives". In other words, not knowing that further lockdowns would follow, the PM was working towards easing restrictions and reopening the economy. Within the automotive sector many tyre specialists, garages and fast-fits had closed along with OEM facto

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  • Alexander Mai heading Apollo Tyres’ European two-wheeler business

    Apollo Tyres has appointed Alexander Mai as Cluster Manager for its European Two Wheel Tyre division. Mai will succeed Thomas Mittendorff, who steps down at the end of January to take a position outside the company. Mai takes responsibility for a business that currently offers Vredestein bicycle tyres in Europe and is expected to introduce a range of Vredestein-branded tyres for motorcycles and mopeds in the not-too-distant future.

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UK News

Australian firm set to buy Britishvolt

Australian firm set to buy Britishvolt

6th February 2023

Australian firm Recharge Industries, which is backed by US-based financiers Scale Facilitation Partners, has been named as the preferred bidder for Britishvolt. Britishvolt had planned to build a battery gigafactory near Blyth, Northumberland but ran into cashflow problems that became public in the last quarter of 2022.

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  • ATS Euromaster opens new Hull tyre and MOT centre
  • Hankook Tyre UK presents Hyundai Ioniq 5 to Mr. Tyre customer
  • Yokohama HPT: a new chapter
  • Tevva receives whole vehicle type approval

Company News

Apollo Tyres’ 9M revenue up 19%

Apollo Tyres’ 9M revenue up 19%

6th February 2023

Apollo Tyres Ltd. maintained its market share within Europe’s passenger car and light truck (PCLT) market in the three months to 31 December 2022 (Q3 FY2023) despite declining approximately 14 per cent year-on-year in this market. The tyre maker primarily attributes this negative growth to high channel inventory, a mild winter and the economic slowdown.

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  • Doublestar suffers huge losses
  • Hankook Tire: Record sales in 2022
  • Continental restructuring ContiTech business
  • Bridgestone gains SBT Certification for CO2 targets

International News

  • Magna Tyres acquires South Africa’s Tirepoint
  • Enviro gets follow-up order from US oil company
  • Customs fines Hankook Jiangsu factory again
  • Chinese truck tyres: EEC closes dumping loophole
  • Speedy and Saemes in tyre retail/car park cooperation

Product News

  • Higher rim size car tyre sales rising in UK’s stratified recovery – GfK
  • Textar brake range expanded by 167 references in 2022
  • 2 new Alliance Agri Star II sizes
  • Battlax Hypersport S22 OE on new BMW S 1000 RR
  • Schrader adds to OER TPMS line

Motorsport News

  • Yokohama Geolandar mud-terrain tyres supplied to King of the Hammers
  • Hankook tyres for new US race series
  • Prometeon extends WorldSBK engagement with Yamaha team sponsorship
  • Hankook exclusive tyre partner to Lamborghini Super Trofeo
  • Team De Rooy win another Dakar victory for Goodyear tyres

Retreading News

  • ContiCasingAccount kicks off
  • Kraiburg launches new retreading website
  • Marangoni’s Europe sales force meet in Spain
  • Bandvulc invests in robotic retreaded tyre production upgrades
  • Marangoni expands in North India

Comment

  • What 2022’s most popular tyre industry stories tell us about the future
  • Farewell Russia? The exit of global players offers long-term growth to domestic firms
  • Changing tyre distribution landscapes
  • Rewarding success in the tyre business
  • Tyre manufacturers expanding in a down market

Career Tracks

  • TMD Friction shines light aftermarket talent in National Apprenticeship Week
  • Heuver expands leadership team
  • Apprenticeship numbers too low – IMI
  • moveero appoints new CFO
  • Wang Feng resigns as general manager of Aeolus

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Top Five Articles This Week

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Latest Listings

  • Prometeon Tyre Group UK Ltd
  • ROLAND ELECTRONIC GmbH
  • European Tyre Distributors B.V.
  • Zhongce Rubber Group Co., Ltd.
  • Tech Europe
  • Gripmax Tyre Co., Ltd
  • Global Rubber Industries (Pvt) Ltd
  • Tyreboss
  • Tyresure
  • Burad chemicals pvt ltd

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