Tag: Apollo Tyres
Apollo Tyres introduces EnduMaxx brand in India
Apollo Tyres has introduced the Endumaxx brand of tyres for light trucks in India. The company described light truck radial demand as having “a potential of 112,000 tyres per month in India, and it is growing at a much faster pace than any other segment”.
Apollo partners Sachin Tendulkar and A R Rahman in new advert
Leveraging its association with the sporting legend, Sachin Tendulkar, Apollo Tyres has launched a corporate advertising campaign called: “Ganga: the River of People”. The campaign covers television, digital, print and cinema mediums. Indian musical director, composer, musician and singer, A R Rahman has specially composed and sung a song for this television commercial (TVC).
Alberto Vigano on Vredestein’s new two-wheel range
Riders in the UK and Europe will encounter a new brand of motorcycle tyre later this year, a brand with its sights set on the big players. Entering a hotly-contested market poses a sizable challenge, but the newcomer has several aces up its sleeve. Not only is it produced by a major tyre maker that is already established in Europe, anyone who’s ever shopped for car tyres will find the brand reassuringly familiar.
Matos to lead Apollo Vredestein’s OE strategy in Europe
In addition to his existing remit as chief quality & business excellence officer, Pedro Matos has now taken on the added responsibility of leading Apollo Tyres’ original equipment strategy and sales for passenger car tyres in Europe.
Apollo Tyres partners with Indian cricketing great
Extending its sports sponsorship engagement beyond football, Apollo Tyres has entered into a five-year agreement with former Indian international cricketer and team captain Sachin Tendulkar. This is the first time an individual celebrity has served as Apollo brand ambassador.
Apollo Tyres: Q2 2018-19 financials
Sales and profits were higher year-on-year during the second quarter of Apollo Tyres’ 2018-29 financial year. The company reports a 23 per cent rise in sales, to Rs 41.92 billion (£447.8 million) in the three months to 30 September 2019. Operating profit rose 25 per cent during the quarter, to Rs 4.80 billion (£51.5 million), while net profit was, at Rs 1.46 billion (£15.6 million), four per cent higher than a year earlier.
Apollo Tyres: Onkar & Neeraj Kanwar take a pay cut
Following internal discussions and review of a commissioned report produced by Ernst & Young, the Nominations & Remuneration Committee (NRC) within the Board of Directors at Apollo Tyres Ltd. has recommended changes to the compensation packages Onkar and Neeraj Kanwar receive from the company.
Apollo Tyres’ Onkar Kanwar receives Japanese Imperial honour
In its 2018 Autumn Imperial Decorations, the Government of Japan has conferred upon Onkar S Kanwar the Order of the Rising Sun, Gold and Silver Star. The chairman of Apollo Tyres Ltd. received this recognition for his contributions towards strengthening the economic relations between Japan and India, and for promoting Japanese company’s entry into the Indian market.
Apollo Tyres showcasing motorcycle tyre at EICMA – European Vredestein range on its way
Apollo Tyres will present its new radial motorcycle tyre at the EICMA show in Milan, which opens to the public tomorrow. Although the Apollo Alpha-H1 is currently only available in India, it is nevertheless of interest to us as Apollo Tyres confirms that “preparations are now underway to further develop and tune the technology for Europe.” Furthermore, the introduction of two-wheeler tyres in Europe will be facilitated by new development and test facilities within the region.
Apollo’s Onkar Kanwar receives Hungary’s ‘Order of Merit’
Hungary has bestowed the Officers Cross (Civilian Division) of the ‘Order of Merit’ upon Onkar S Kanwar, chairman of Apollo Tyres Ltd. This award was conferred in recognition of Kanwar’s work towards strengthening Hungarian-Indian economic relations through the company’s investment in Hungary.
Benoit Rivallant named Apollo Tyres’ European president
A promotion for Benoit Rivallant. After serving as group head of global product management for commercial vehicles and OTR tyres at Apollo Tyres since August 2014, Rivallant has been tapped to succeed Mathias Heimann as president of Apollo Tyres’ European Operations.
First truck tyres shipped from Apollo Tyres’ Hungary plant
Production of truck tyres for the European market has commenced at the Apollo Tyres plant in Gyöngyöshalász, Hungary. The tyre maker shares that the first examples of these tyres, Apollo EnduRace RT HD trailer tyres in size 385/65 R22.5, have been shipped to a transport company in Belgium. British customers will receive their Apollo tyres through Treadsetters, who earlier this year was chosen to sell and distribute the Apollo truck and bus tyre range across England, Scotland and Wales.
Apollo Tyres expands winter range with Aspire XP Winter
With the introduction of a new winter tyre, Apollo Tyres now offers some 60 winter products. The latest addition to the tyre maker’s cold weather portfolio is the Apollo Aspire XP Winter, which is being rolled out in 23 sizes to cover most popular fitments.
Aiming for market leadership: Apollo investing a further £610 million in India
With the ramp-up of its plant in Hungary, Apollo Tyres Ltd. is growing in Europe. The company also has ambitious plans in its home market of India – it aims to become the country’s leading tyre maker, and is investing to do so. Total investments over the period between 2015 and 2021 approach £900 million.
Apollo Tyres: European truck tyre production starting this quarter
Truck tyre production at Apollo Tyres’ factory in Gyöngyöshalász, Hungary will begin before the end of September. According to Gaurav Kumar, chief financial officer of Apollo Tyres Ltd., production is scheduled to start during the July to September quarter and the ramp-up of truck tyre production will then continue and reach a maximum capacity of 1,200 pieces per day by the end of March next year.