Tire business news
Cooper Tire & Rubber's quarterly sales rose 8.6%
Cooper Tire & Rubber has released financial results for the third quarter of 2020. Strong demand in North America and Asia allowed the company to increase its quarterly sales by 8.6% year-over-year.
Nov 02, 2020
Pirelli loses appeal against EU cartel decision
An EU court rejected Pirelli's appeal in a cartel case involving its former subsidiary, Prysmian Srl.
Oct 30, 2020
Trinseo enters into an agreement with a Swiss tire recycling company
Synthetic polymer manufacturer Trinseo Inc. entered into a commercial cooperation agreement with the Swiss tire recycling company Tire Recycling Solutions S.A.
Oct 30, 2020
German investment firm buys wheel manufacturer GKN Wheels
German investment firm Aurelius Equity Opportunities SE & Co. K.G. acquires GKN Wheels & Structures, a specialist in the production of wheels for special vehicles with production in the UK, Denmark and the USA.
Oct 27, 2020
Camso buys American industrial tire distributor
Michelin-owned Camso North America has acquired Metro Industrial Tires, a forklift tire dealer and distributor based in Chicago.
Oct 26, 2020
Michelin's sales in three quarters were 15 billion euros
Michelin reported sales for the first nine months of the year were €15 billion, down 15% from the same period last year at constant exchange rates.
Oct 26, 2020
Continental reports declining sales for the quarter
Continental AG reports a 5% drop in third-quarter sales for its Rubber Technologies business unit to €4.333 billion.
Oct 23, 2020
Michelin enters into a €2.5bn revolving loan agreement
Michelin has entered into a new €2.5 billion revolving loan agreement with a group of 19 banks.
Oct 22, 2020
Bridgestone launches "A Layered Journey" campaign
Japanese tire manufacturer Bridgestone has launched a new global campaign, 'A Layered Journey', to celebrate its efforts to secure sustainable sourcing of natural rubber.
Oct 21, 2020
Yokohama will unite all its industrial tire divisions
Yokohama Rubber is consolidating its Industrial Tire businesses to leverage brand influence and growth potential.
Oct 21, 2020