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CAM develops TiDaeX compliant Fitter-Force software
30th July 2025CAM has developed TiDaeX compliant software, enabling tyre service providers to send and (optionally) receive breakdown and other service work directly into the mobile tyre service module of Fitter-Force from organisations such as DTM, Tyre Assist, Tyrenet, and ULM. This is in addition to the multiple tyre manufacturers integrated into TiDaeX where a connection between them and the dealer exists on TiDaeX.
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Nexen reports record quarterly sales driven ‘driven by European plant expansion’
30th July 2025Nexen Tire has reported consolidated revenue of 804.7 billion Korean won and operating profit of 42.6 billion won. This marks the second consecutive quarter in which the company has achieved a record high in quarterly revenue. According to Nexen, the robust second-quarter performance was primarily driven by increased production capacity following Phase 2 of its European plant in the Czech Republic. Nexen executives also pointed to certain “region specific strategies). Another win was securing “key supply volumes in advance, resulting in balanced growth across both original equipment (OE) and replacement (RE) segments.”
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Read Tyres & Accessories Magazine July 2025 edition now
The July 2025 issue of Tyres & Accessories is available now for Tyrepress subscribers to read online or download. It features the latest news from the growing eco and electric vehicle tyre segment, the aftermarket, and a special report from the Guangrao Tyre Exhibition. The issue also features breaking stories and analysis of the global tyre business, including analysis of ATS Euromaster's recent pivot, a full report from the TyreSafe Briefing Day and Awards, and the magazine's annual ranking of
Continue ReadingTyre Recovery Association announces plans for 16 September Forum Day – ‘After India’
The UK’s Tyre Recovery Association will discuss the question of whether the government will end export of baled whole tyres and deliver on its objective of a zero-waste circular economy at its annual Forum Day on 16 September. The event, held at the Ardencote Hotel in Warwick, follows a Westminster Hall debate on the handling of waste tyres in April, during which Mary Creagh, Labour’s waste minister committed to “a little more action under this government” and “to stop outsourcing our
Continue Reading“Unstable & highly unpredictable times” – Michelin reports lower H1 2025 sales, income
Net income at Michelin fell 27.7 per cent year-on-year in the first half of 2024, pushed down by a mixture of lower sales and tyre volumes, particularly in the original equipment segment. This €840 million net income equates to earnings per share of €1.18, down from €1.62 in Q1 2024.
Continue ReadingStrategic acquisition will cement Doublestar’s control of Kumho Tire
As reported last October, Qingdao Doublestar Co., Ltd. is working towards significantly deepening its control over South Korean tyre maker Kumho Tire through a complex but strategically crucial transaction valued at nearly RMB 4.93 billion (£509.1 million / US$687.1 million). By doing so, it will gain indirect but consolidated control of 45 per cent of Kumho Tire's equity.
Continue ReadingThe tyre market in June – Michelin & Pirelli share data
Michelin and Pirelli have respectively published their market intelligence for June 2025, with the latter’s figures painting a more positive picture of European and North America consumer segment original equipment sales. Both show similar year-to-date trends.
Continue ReadingRead Tyres & Accessories Magazine July 2025 edition now
The July 2025 issue of Tyres & Accessories is available now for Tyrepress subscribers to read online or download. It features the latest news from the growing eco and electric vehicle tyre segment, the aftermarket, and a special report from the Guangrao Tyre Exhibition. The issue also features breaking stories and analysis of the global tyre business, including analysis of ATS Euromaster's recent pivot, a full report from the TyreSafe Briefing Day and Awards, and the magazine's annual ranking of
Continue ReadingTyre Recovery Association announces plans for 16 September Forum Day – ‘After India’
The UK’s Tyre Recovery Association will discuss the question of whether the government will end export of baled whole tyres and deliver on its objective of a zero-waste circular economy at its annual Forum Day on 16 September. The event, held at the Ardencote Hotel in Warwick, follows a Westminster Hall debate on the handling of waste tyres in April, during which Mary Creagh, Labour’s waste minister committed to “a little more action under this government” and “to stop outsourcing our
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