Tire business news
Nokian Tires reports 26% growth in net sales for the quarter
Nokian Tires' net sales in the third quarter of 2021 were up 26.8% year-on-year to € 443.5 million.
Nov 08, 2021
Bridgestone Drops Conveyor Belt Business
Bridgestone plans to exit the conveyor belt business by the end of 2024. The decision was made as part of Bridgestone's mid-term business plan for restructuring in the multi-product segment.
Nov 03, 2021
Apollo Tires reports sales growth and operating profit decline
In the second quarter of the fiscal year ending September 30, Indian tire manufacturer Apollo Tires reported that sales rose 18% to Rs 50.77 billion (€ 580.95 million), but operating profit was down 9.8% from from the same period last year, up to 6.38 billion rupees (73 million euros).
Nov 03, 2021
Yokohama Rubber Completes Sale of Sealing & Adhesives Business
Yokohama Rubber has completed the sale of its Hamatite sealing and adhesives business to the Swiss Sika Group.
Nov 02, 2021
Trelleborg reports growth in sales and profits for the quarter
Trelleborg AB reported its “best-to-date” financial results for the third quarter of 2021, amid a sharp increase in sales and profits from last year.
Oct 29, 2021
Pirelli and Trek-Segafredo Cycling Team Expand Cooperation
Pirelli and the UCI WorldTour Road Cycling Championship Team Trek-Segafredo will expand their partnership in 2022.
Oct 28, 2021
Goodyear thanks dealers for support during "boycott"
During a recent conference, Goodyear thanked its dealers for their support in August this year, when President Donald Trump called for a boycott of the tire manufacturer's products.
Dec 10, 2020
GWC will provide logistics for Bridgestone aircraft in Qatar
Gulf Warehousing (GWC), Qatar's leading logistics provider, has signed an agreement with Bridgestone Aircraft Tire Europe to meet all of the Japanese manufacturer's supply management requirements in Qatar over the next five years.
Dec 10, 2020
Titan International sold the former tire plant
Titan International sold the former tire plant in Brownsville, Texas.
Dec 04, 2020
Aeolus Tire becomes Prometeon Tire Group's largest shareholder
The Chinese company Aeolus Tire will receive from its parent company China National Tire & Rubber (CNRC) a 52% stake in Prometeon Tire Group (PTG), which is indirectly owned by CNRC.
Dec 04, 2020