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India: Apollo launches enduro range for premium motorcycles

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Strong demand for its two-wheeler tyres in India prompted Apollo Tyres to delay the rollout of its Vredestein motorcycle tyre range for Europe. But with a stated strategic focus upon the “premium motorcycling space” and market share for such products exceeding 20 per cent in India, it is highly feasible that Apollo will revisit its European plans at a later date. The company’s latest premium domestic products give us an idea of what we can expect.

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  1. Apollo aims for leadership in Indian two-wheel tyre market, Europe next
  2. India first: Vredestein pauses motorcycle tyre sales in Europe
  3. Vredestein: Made in India, for India
  4. Vredestein brand debuts in India
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EV tyre awareness low amongst UK motorists

In the run-up to the launch of its first Vredestein tyre developed specifically for electric vehicles (EV), Apollo Tyres asked 1,000 motorists if they were aware that such products even exist. The response wasn’t encouraging, with the results suggesting that 82 per cent of UK motorists are unaware it is possible to purchase specifically-developed EV tyres.

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  1. Vredestein to launch all-season EV tyre
  2. Growth for Vredestein all-season range
  3. Vredestein to benefit from Apollo Tyres’ European ‘rebalance’
  4. Apollo launches first EV-specific tyres
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Dipankar Ghosh joins Apollo Tyres as Group Head, HR

Dipankar Ghosh has joined Apollo Tyres as Group Head, Human Resources (HR) for the Asia Pacific, Middle East & Africa (APMEA) region. Dipankar has joined in a regional senior leadership role at Apollo Tyres and will be leading the regional HR team. Ghosh comes with 25 years of diverse experience in leading FMCG, Automobile and Service Industries, in the domain of HR Business Partnering, Strategic Human Resource Initiatives, Talent Assurance, Policy Making and Employee Relations.

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  1. New Apollo Factory to Reach Peak Capacity by Mid-2010
  2. No European Plant for Apollo, Vredestein Plant Gets Nod
  3. Apollo opens first CV service centre
  4. Apollo’s Kalamassery plant damaged by fire
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Larger Vredestein tyres from Enschede plant

Apollo Tyres is investing in agricultural tyre production at its Enschede plant in the Netherlands. With the addition of new equipment for producing tyres up to 2.30 metres in diameter, the company aims to increase its agricultural tyre volumes in Europe and North America.

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  1. Vredestein to start new year with agri production boost
  2. Apollo Tyres: Netherlands car tyre production down, but not out
  3. New XL press in Enschede: Apollo Vredestein begins 5-year agri investment programme
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Apollo Tyres: Tech-driven capacity growth

Capacities at Apollo Tyres Ltd.’s production facilities in Europe were 88 per cent utilised between March and June 2022. The utilisation figure for the tyre maker’s plants in India was around 85 per cent, reports chief financial officer Gaurav Kumar. This gives the company little leeway for further growth in volumes, but Apollo Tyres believes it can address this issue without resorting to a greenfield or brownfield capacity expansion project.

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  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Cutting ‘bad’ costs, working smarter – Apollo MD Neeraj Kanwar answers T&A’s questions
  3. Vredestein: Made in India, for India
  4. Apollo Tyres partners with Indian cricketing great
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Apollo Tyres: Q1 2022-23 financial results

During the three months to 30 June 2022, Apollo Tyres Ltd. respectively recorded 38 per cent and 14 per cent year-on-year increases in its Indian and European operations. Total revenue from operations for this, the first quarter of the tyre maker’s 2022-23 financial year, amounted to Rs 59.42 billion (£614.72 million) and was 26.9 per cent higher than during the previous year’s first quarter.

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  1. Apollo Tyres maintains turnover, increases profits
  2. Apollo Tyres: Stable sales in Europe, but profits further in the red
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  4. Apollo Tyres FY 2021-22 financial results
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Apollo launches first EV-specific tyres

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With Apollo Tyres launching a new Vredestein tyre specifically developed for electric vehicles (EVs) later this year, the debut of the tyre maker’s first EV-specific products in India is particularly interesting. Yesterday, Apollo introduced new ranges for cars and two-wheelers.

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  1. Apollo launches Amazer XP for India’s growing eco segment
  2. India: Apollo Tyres enters LCV cross-ply market
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  4. Apollo targets India’s CSUV market with Apterra Cross
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2 new Apollo EnduRace RD2 sizes

Apollo Tyres says its EnduRace RD2 has proven a great success since its launch last year. The existing size 315/80 R22.5 tyre will soon be joined by two further dimensions. As of this month, Apollo EnduRace RD2 is also available as a 315/70 R22.5 product, while a 295/80 R22.5 version will arrive next March.

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  1. Apollo Tyres updates regional truck range
  2. North American debut for Apollo truck-bus tyre range
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Apollo Tyres appoints APMEA marketing head

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Vikram Garga is the new group head of marketing for Apollo Tyres in the Asia Pacific, Middle East & Africa (APMEA) region. Announcing Garga’s appointment, Apollo says the industry veteran will spearhead the regional marketing team and take responsibility for marketing and product strategy for all product categories, dealer programmes, brand positioning and monitoring performance in conjunction with sales. Based out of Apollo Tyres’ corporate headquarters in Gurugram, India, Garga will report to Satish Sharma president of Apollo Tyres’ APMEA business.

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Best balance: Vredestein debuts Pinza all-terrain tyre

Following a five-year global research and development programme, Apollo Tyres is launching its first dedicated all-terrain tyre: the Vredestein Pinza. Designed to be the “most capable off-road Vredestein tyre ever” while at the same time offering “superior standards of on-road grip, traction, rolling resistance and refinement,” Apollo says the Pinza has “the best balance of on- and off-road capabilities of any all-terrain tyre on the market.”

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  1. Vredestein to launch all-season EV tyre
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India announces new tyre standards

Indian consumers will soon benefit from tyre performance requirements very similar to those covering tyres sold in the UK and Europe. The country’s Ministry of Road Transport and Highways (MoRTH) announced the upcoming regulatory change on 28 June 2022.

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  1. Apollo launches Amazer XP for India’s growing eco segment
  2. Apollo Tyres becomes an Indian Super League official partner
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More hours & traction: Vredestein Traxion 70

Key wear resistance qualities previously found on the Vredestein Traxion+ now feature in the Traxion 70 thanks to a complete renewal of the brand’s 70-series line-up. Apollo Tyres released the first dimensions in the new 15 size, 25 SKU range this month; all are available in the aftermarket, and a number of tractor manufacturers will also fit Traxion 70 as original equipment.

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  1. Vredestein making headway in competitive agri segment
  2. Vredestein expands Traxion 65 tractor tyre range to 19 sizes
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Vredestein to launch all-season EV tyre

A new Vredestein tyre specifically developed for electric vehicles (EVs) will debut later this year. Sharing a few details about this upcoming all-season product, Apollo Tyres says it is currently evaluating the tyre through computer simulation and at proving grounds around the world following a “major new research and development programme” that includes close collaboration with leading car manufacturers.

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  1. Conserving costs, maximising business: Apollo Tyres’ response to the coronavirus pandemic
  2. A cause of great pride: Vredestein on Auto Bild honour
  3. Goodyear wins Auto Express all-season tyre test
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World’s leading tyre companies 2022: Michelin and Bridgestone neck and neck for pole position

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Michelin remains the world’s leading tyre company by sales turnover, but Bridgestone is close behind in one of three close battles distributed across the table. For the first time, our research ranking market-leading global tyre manufacturers in terms of sales turnover converted into euros, illustrates the impact of recent high-profile acquisitions as well as the ongoing disruption of pandemic on the wider market landscape.

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  1. Zhongce Rubber enters global top ten tyre manufacturers
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Apollo Tyres FY 2021-22 financial results

Apollo Tyres reports revenue of Rs 209.48 billion (£2.22 billion) for the financial year ending 31 March 2021, 20 per cent higher than during the prior fiscal year. EBITDA declined 8.0 per cent year-on-year to Rs 25.74 billion (£272.59 million), with the EBITDA margin contracting 379 Bps to 12.3 per cent. Net profit stands at Rs 6.39 billion (£67.67 million).

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Related news:

  1. Apollo Tyres maintains turnover, increases profits
  2. Apollo Tyres looking for ‘healthy topline growth’ after 22% sales increase in FY 2017-18
  3. Apollo Tyres: Stable sales in Europe, but profits further in the red
  4. Apollo Tyres continues European turnaround
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