• Jinyu Completes Vietnam PLT Project

    April 28, 2025

    Chinese tyre maker Jinyu Tire Group has completed the passenger car tyre project in Vietnam as part of its strategy to return to the passenger vehicle tyre market. The group fully commissioned the plant, which can manufacture 10 million high-performance s

  • Chinese tyre maker Linglong to invest $1.19 billion in Brazil factory

    April 28, 2025

    China's Shandong Linglong Tire is investing USD 1.19 billion to build a new tyre manufacturing plant in Ponta Grossa, Brazil, through a joint venture with SUNSET S.A. The facility, targeting an annual output of 14.7 million tyres, highlights Linglong’s

  • Michelin Reports Q1 Sales Dip as OE Demand Weakens

    April 28, 2025

    Michelin reported a 1.9% decline in Q1 2025 sales to €6.5 billion as weak original equipment demand offset strong replacement tyre sales. The French tyre maker maintained its full-year outlook despite macroeconomic challenges, highlighting growth in hig

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