Triangle joins the United Nations Global Compact
Triangle has passed the audit and officially became a member of the United Nations Global Compact (UGNC), an organisation that was established to promote corporate social responsibility and sustainable development. The UGNC currently has more than 20,000 corporate and non-corporate members in more than 170 countries.
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Shanghai Stock Exchange set to review ZC Rubber listing, investment documents
On 7 February, the Shanghai Stock Exchange announced that it would hold a review committee meeting on February 13 to review ZC Rubber’s listing materials. The tyre manufacturer attempted to issue no more than 87,448,560 shares to raise 4.85 billion yuan (about £536 million; €644 million) for five projects.
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Sabrina Kuehl promoted to Kenda Europe’s Automotive Leadership Team
Effective 1 January 2025, Sabrina Sabrina Kuehl was promoted to the role of Marketing & Product Development Director for Kenda Europe Automotive, with the organisation’s Automotive Leadership Team. According to the company, the position of Marketing & Product Development Director is a newly created role within Kenda Europe, designed to meet growing demand for high-quality automotive tyres in the region.
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Guizhou/Advance Tyre receives Silver Ecovadis rating
Guizhou Tyre has been awarded Silver status by EcoVadis. That means that the Chinese tyre maker is in the top 15 per cent of companies worldwide for its performance in four key sustainability areas: environmental protection, labour practices, fair business practices and sustainable procurement.
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Davanti launches Ecoura high performance tyre for compact to medium sized cars
Fresh from the announcement of its new range topping UUHP tyre, Davanti Tyres has expanded its high performance range for compact and medium vehicles with the new Ecoura. The tyre, available now in 14-16” sizes, offers enhanced comfort, low noise and wet weather performance, according to the UK brand. Davanti – a UK-owned brand with manufacturing partner factories in China and, for the new Protoura Sport Evo, in Europe – is celebrating its tenth anniversary in 2025.
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SRI looking forward to a Dunlop future after expense-ridden 2024
Although Sumitomo Rubber Industries (SRI) achieved a 2.9 per cent increase in sales revenue and business profit for the fiscal year ending 31 December 2024, operating profit and profit attributable to owners of the parent company dropped significantly year-on-year. The Japanese company nevertheless anticipates an increase of both sales and profit in 2025.
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Davanti Tyres extends Wigan Warriors partnership to 2028
Davanti Tyres has renewed its partnership with Rugby League Club, Wigan Warriors in a multi-year deal that will see the partnership continue throughout the 2026, 2027, and 2028 seasons.
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Eternity buys Vijayawada, India electric forklift battery factory
Manchester-based Eternity Technologies, which was founded by the Al-Dobowi Group and is owned by members of the Kandhari family, has acquired the production facility of EnerSys India Batteries Private Limited, located in Vijayawada, India. According to the company, this strategic investment “reinforces Eternity Technologies commitment to India’s rapidly expanding economy and the increasing demand for sustainable energy solutions in logistics, power, and energy storage sectors.”
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The return of the spare tyre? Ford patents self-inflating spare
In recent years, the pressure on carmakers to reduce the unsprung weight of vehicles in order to improve fuel-efficiency/range has led to a number of novel alternatives to the very useful but sometimes cumbersome full-size spare. These include: the donut – or smaller-than-optimal temporary spare; the sealant and compressor pack – which only works for a limited range of incidents such as relatively small punctures; and, of course, run-flat tyres, which are inherently designed to get motorists to safety – even when punctured. Now it has emerged that in the Autumn of 2024, Ford was granted a patent for something different. Something that could even result in a spare tyre renaissance.
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Weak OE market holds back Michelin sales, income in 2024
In 2024, Michelin sold 5.1 per cent fewer tyres than it did the year before. Reporting its 2024 annual results yesterday, the French firm reports that an “unprecedented simultaneous decline in original equipment demand across every segment” drove this volume decrease, which contributed towards sales being 4.1 per cent lower year-on-year, at 27.193 billion euros. Finding a silver lining, Michelin points out the “highly positive” 1.9 per cent mix effect, which reflects “the Group’s value-driven approach.”
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Goodyear takes the Blimp racing with centenary tyre design
With the debut of a tyre featuring a blimp-motif sidewall, Goodyear has finally brought together the two gas-filled objects it is best known for. This striking design adorns the race tyres that Goodyear will supply for upcoming events and commemorates the centenary of the company’s first branded blimp, Pilgrim. The 100th anniversary blimp tyres will debut in April at South Carolina’s Darlington Raceway, home of the Goodyear 400 NASCAR race.
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Goodyear used OTR business sale proceeds to pay down debt
Just hours after Goodyear Tire & Rubber and Yokohama Rubber confirmed the completion of the sale of Goodyear OTR to the Japanese tyremaker for around $905 million, Goodyear detailed how the funds are being used. The largest part sees Goodyear pay-back $500 million of 9.5% interest-bearing bonds due this year.
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Season extender – Michelin tyre option for Porsche 911 GT3 RS
The secret to combating climate change is to develop a new tyre, or at least it is when change manifests itself in cooler, wet conditions. Porsche has shared details of joint development work it conducted with Michelin on a tailored version of the Pilot Sport S 5 for the 911 GT3 RS. The result is a tyre the Stuttgart-based marque considers “a perfect option for prolonging the track-day season.”
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Exide debuts new label for Automotive Light Vehicle battery range
Exide Technologies has launched new labelling for its Exide Light Vehicle battery range. The reason? It “significantly simplifies battery selection”. According to the company, the new unified labels feature a clear color-coded design based on the corresponding battery technology. Adhering to Exide Technologies’ new corporate identity, the update is also designed to “enhance brand awareness and brand recognition at the point of sale”.
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Alldata Europe and Würth Spain sign partnership deal
Alldata Europe has signed a strategic agreement with Würth Spain to “bring original repair data to extensive customer network”. For its part, Alldata supplies original vehicle manufacturer diagnostic, repair and maintenance data in Europe. Würth Spain is a leader in the distribution of fastening and assembly materials.
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