-
MTPL Acquires American Wholesale Tyre Distributor Tyres International
June 03, 2021
Mahansaria Tyres Private Limited (MTPL) has taken its first step in building a distribution network in North America by acquiring a majority stake in Tyres International Inc (TI). Tyres International will help MTPL distribute its Ascenso brand of agricul
-
Continental Appoints Philip Nelles As CEO Of ContiTech
June 01, 2021
Continental has appointed Philip Nelles as the new CEO of its ContiTech business area. Nelles will be taking charge on 1 June 2021, succeeding Hans-Jürgen Duensing. ContiTech is one of the world’s leading industrial products providers in a wide range
-
Michelin Launches Seven New Sizes For Trailxbib Tyre Range
May 29, 2021
Michelin announced the expansion of its Michelin Trailxbib tyre range with the addition of seven new sizes from June 2021. The new sizes are – VF 500/60 R22.5 160D; VF 600/50 R22.5 164D; VF 710/45 R22.5 170D; VF 600/55 R26.5 170D; VF 710/50 R26.5 176D;
-
Goodyear India Reports a 240 Percent YoY Increase In Q4 PAT
May 29, 2021
Goodyear India Limited reported a 240 percent spike in profit after tax from INR 13 crore in Q4 2020 to INR 43 crore in Q4 2021, aided by higher volumes, increased factory utilization and cost efficiencies. The PAT constituted 7.6 percent of the company
-
Cooper Tire Announces Winners Of Roy V Armes And Centennial Scholarships
May 29, 2021
Cooper Tire and Rubber Company has awarded five recently graduated high school student's scholarships under Roy V Armes scholarship and Centennial scholarship. The Roy V Armes scholarship started in 2016 to honour the company's former CEO, is a renewable
-
ATMA Welcomes New Tyre Norms
May 28, 2021
Automotive Tyre Manufacturers Association (ATMA) has welcomed the draft norms for tyre industry released by the Ministry of Road Transport & Highways (MoRTH). The new norms will be incorporated as part of the Automotive Industry Standard (AIS 142) and req
