Tyre Archives — Page 2 of 2 — City Business News

October 31, 2019 No Responses

Pirelli Tyre Projects 2019 Revenue To €5.3b

Pireli Tyre has projected that its 2019 revenue would grow to 5.3 billion euros, 2,5 per cent higher than a previous guidance of between 1.5% and 2.5%. Under the arrangement, the company is expecting a full-year cash flow of between...

October 27, 2019 No Responses

Michelin Cut Full-Year Market Forecasts

Again, Michelin has cut its full-year market forecasts, pointing out a sharper-than-expected downturn in the truck segment. The group, which said two weeks ago it would close a French plant in response to deteriorating conditions of the auto industry, al...

October 12, 2019 No Responses

Michelin To Close Tyre Factory

Foremost Tyre manufacturer, Michelin has concluded plans to close a French-based factory with 619 employees next year as competition from cheaper Asian manufacturers knocks its profit margin. Two weeks ago, the French company announced the closure of a factory...

September 13, 2019 No Responses

Apollo Unveils Tyre Line For SUV Segment

Tyre manufacturer, Apollo on Thursday introduced second version of Apterra tyre range for SUV segment. The new Apterra AT2 range, which is designed with Saw-tooth shoulder technology, comes with upgraded an all terrain performance, durability and puncture resi...

August 16, 2019 No Responses

JK Tyre Seeks More Export

JK Tyre is ramping up exports as demand has dried up in the Indian domestic market due to a slowdown in auto sales, which have been on decline in the last nine months. Already, the company has spotted an opportunity...

August 9, 2019 No Responses

Michelin Hike Tyre Prices

By citybusinessnews@yahoo.com — The management of Michelin on Thursday approved between two and four per cent increase in the prices of Tyre in Africa, India & Middle East region. The announcement will affect tyre prices across the commercial l...

August 2, 2019 No Responses

Ceat Tyre Declares 15% Increase In Q1 Profit

Tyre maker, Ceat on Thursday reported 15 per cent increase in its consolidated profit at for the first quarter ended June 30, 2019. Anant Goenka, Managing Director, CEAT Limited said, “The impact of fall in demand from automobile manufacturers has...

June 6, 2019 No Responses

Michelin Unveils Airless Tyre

French tyre major Michelin along with General Motors have unveiled an airless tyre prototype for passenger vehicles, which could hit the markets as early as 2024. According to the firms, the Uptis Prototype is airless a...

May 23, 2019 No Responses

Michelin Unveils New Technology Tyres

French Tyre maker, Michelin has launched Primacy 4ST tyres designed primarily for wet conditions. Developed on Evergrip Technology, the new tyre comes with more than 50 per cent of additional grooves to evacuate more water (when new...

May 16, 2019 No Responses

Pirelli Projects More Growth In 2019

Premium tyre manufacturer, Pirelli has projected a growth rate of between 4% to 6% in 2019. Pirelli, which makes tyres for Formula One racing teams and premium automakers like BMW and Audi, explained on Wednesday that revenues would g...

April 30, 2019 No Responses

Continental Tyre Unveils Expansion Agenda

By citybusinessnews@yahoo.com – – – BestDrive, the franchise tyre retail fitment division of Continental Tyre South Africa (CTSA) is to open its doors to the public in Swakopmund, Namibia before the end of this week. According to the...

August 5, 2018 No Responses

Critical Roles Of Tyre Care, Maintenance, By Infinity

Leading tyre, battery and auto parts marketing company, Infinity Tyres has highlighted the importance of keeping an eye on the quality and quantity of air in tyres during and after each trip. The Brand Manager, Infinity Tyres, Rajendra Vishwakarma who raise...