The CEAT Indian Supercross Racing League (ISRL), in partnership with the Federation of Motor Sports Clubs of India (FMSCI), is thrilled to announce an unprecedented gathering of 85 global Supercross stars and international talents for its inaugural season. This remarkable assembly of renowned riders promises to make Season One an electrifying and unforgettable experience for […]
tyres
Yokohama Rubber launches GEOLANDAR CV 4S, an all-season tire for crossover SUVs
The Yokohama Rubber Co., Ltd., has introduced the GEOLANDAR CV 4S, a new all-season tire for crossover SUVs. The latest addition to the GEOLANDAR brand of tires for SUVs and pickup trucks, the GEOLANDAR CV 4S will be launched from this autumn in North America, Europe and then South Korea. The new tire will be […]
Replacement demand to drive tyre volume up 6-8% this fiscal: CRISIL
Production volume of Indian tyre makers is set to rise 6-8% on-year to a new high of 2.7 million tonne in fiscal 2024, driven mainly by higher replacement demand, and steady demand from commercial vehicles (CVs) and passenger vehicles (PVs). This, even as exports could see a decline. Production volume growth this fiscal, while moderating […]
Bridgestone India announces winners of 3rd Edition of Mobility Social Impact Awards
Bridgestone India today announced the winners of the 3rd Edition of the Mobility Social Impact Awards, an initiative aimed at recognising and celebrating innovative solutions that positively impact the mobility landscape in India. The award ceremony was held in Pune, bringing together industry leaders, innovators, and social change-makers. The winners were rewarded with a total […]
Continental Tires Launches First Image Store in Salem
Leading premium tyre manufacturer Continental Tires continues to expand its retail presence in South India, with its first flagship Continental Premium Drive dealership (CPD) in Salem, marking a significant milestone in its commitment to delivering premium tyre solutions to the automotive enthusiasts of the region. With its various expansion initiatives, Continental has been increasing its […]
ASCENSO launches VDR 900 radial tyre
ASCENSO, a leading Off-Highway Tyre (OHT) manufacturer, has launched the VDR 900 (VF) Radial tyre range specifically designed for machines such as Self-Propelled Sprayers, Tractors, as well as Straddle row dual wheels & Row Crops. The VDR 900 (VF) tyres utilize the latest VF (Very High Flexion) technology and High-Performance Steel Belts, maximizing the tyre’s […]
‘Majority of European motorists wouldn’t deal with a flat tyre on roadside themselves’: Apollo Tyres’ survey
A survey commissioned by Apollo Tyres has found that a clear majority of European motorists* would not attempt to deal with a tyre puncture at the roadside themselves. Just 46% say they would use the car’s supplied spare tyre or inflation kit, compared to 32% that say they would instead call on a vehicle breakdown […]
Shantanu Deshpande appointed new MD of Michelin India
Michelin has announced the appointment of Shantanu Deshpande as Managing Director for Michelin in India. Shantanu will be based out of Pune, India. Across his 23-year tenure with Michelin, Shantanu has held various leadership roles in Sales and Marketing, both in India and in other geographies such as North America, Africa, Middle East and Asia. Shantanu […]
Bridgestone India trains over 200 women as mechanics and commercial drivers
In a key women empowerment initiative, Bridgestone India has, in Indore trained over 200 women to become professional drivers and mechanics, under Yantrika Program in association with Samaan Society. 60 women have been trained as two-wheeler mechanics and 149 as drivers. Since June 2023 ten of these women mechanics are part of “Mechanic on Wheels” service, providing servicing of two […]
Indian tyre industry to double revenue to $22 billion by 2032
Higher demand for vehicles, infrastructure development to spur growth The Indian tyre industry is on course to more than double its revenue to $22 billion by fiscal 2032 from $9 billion in fiscal 2022, according to a report by the Automotive Tyre Manufacturers’ Association (ATMA), based on a comprehensive study by CRISIL Market Intelligence & […]
India’s first Vredestein outlet opened in Bengaluru
Apollo Tyres has inaugurated the first branded retail outlet for Vredestein brand of tyres in India. India’s one of the most premium tyre counters, Madhus Tyre Centre, Hosur Main Road, Bengaluru, in the southern part of the country, has been chosen as the first exclusive outlet for Vredestein brand of tyres. The outlet was inaugurated […]
JK Tyre rating upgraded to ‘IND A+/Stable’ by India Ratings
India Ratings and Research (Ind-Ra) has upgraded JK Tyre & Industries Limited’s (JKTIL) Long-Term Issuer Rating to ‘IND A+’ from ‘IND A’. The rating outlook has also been revised to Stable from Negative. The rating reflects JK Tyre’s strong operational and financial performance. The upgrade echoes a significant improvement in the company’s credit metrics on […]
Tyre sector revenues to grow by 7-9% in FY24: ICRA
Operating margins to expand by ~150-200 bps in FY 2024 with favourable product mix and stable movement in input prices ICRA pegs domestic tyre demand growth at 6-8% for FY 2024, supported by stable growth in the replacement segment and sustained demand momentum in the OEM segment. ICRA expects the demand momentum in the OEM […]
Apollo Tyres launches ‘AVOLVE’, integrates mobility service business model into operations
Apollo Tyres today launched ‘AVOLVE’, to integrate mobility service business model into its operations. This Servitisation model would offer tailored solutions to the targeted customers, especially commercial vehicle fleet operators, and improve their operational efficiencies evolving their business to the next level. In today’s environment, commercial fleet operators are confronted with many challenges of increasing […]
JK Tyre develops PCR tyre with 80% sustainable, recycled & renewable material
Designed and developed by the talented team at JK Tyre, based on the decade long research, conducted at JK Tyre’s Global Tech Centre, the R&D team has been working on creating alternate solutions that will allow products to replace conventional petroleum-based materials with sustainable material. Commenting on this breakthrough success, Dr. Raghupati Singhania, Chairman & Managing […]