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Pirelli Set To Hit 500 Grands Prix Mark At 2025 Formula 1 Season
February 21, 2025
As the FIA Formula 1 World Championship hosted an exceptional event at London’s O2 Arena to celebrate and mark its 75th anniversary, Pirelli, who is the global tyre partner of Formula 1, marked the beginning of its own celebration. The year 2025 is spec
TT News
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Toyo Tire to Sell Majority Stake in China Unit as Local Competition Intensifies
February 21, 2025
Japanese tyre maker Toyo Tire Corp is selling an 86% stake in its Chinese subsidiary to Liaoning Hengdasheng Investment Co (LHI), scaling back its presence in China’s auto market. The Zhangjiagang unit, which struggled with brand recognition, posted a 5
Sharad Matade
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Sumitomo Rubber's 2024 Profit Surges Past Forecast on Cost Controls, Forex Gains
February 21, 2025
Sumitomo Rubber Industries reported a full-year profit of 9.87 billion yen, significantly surpassing its 1 billion yen forecast due to cost management and favorable currency movements. Despite this strong performance, profit remains below the previous yea
TT News
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Goodyear Intros Cooper WORK Series RHA 2 Tyre for Super-Regional CVs
February 21, 2025
The Goodyear Tire & Rubber Company has announced the new Cooper WORK Series Regional Haul All-position (RHA) 2 tyre for super-regional and regional all-position commercial vehicle applications.
TT News
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Falken’s Summer Product Portfolio For 2025
February 21, 2025
Falken has reiterated its commitment to offer tyres for all road and weather conditions to its dealers and consumers this summer. The tyre maker is ready with its summer product portfolio that includes tyres for lorry, electric vehicles (EV), ultra, super
TT News
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Kordsa Secures Top Score For Climate Change And Water In CDP 2024 Annual Sustainability Ratings
February 20, 2025
Kordsa, a subsidiary of Sabancı Holding, has achieved the top score of A in both Climate Change and Water themes of the CDP 2024 annual sustainability ratings. This is Kordsa’s first time on the A list by the global environmental non-profit organisatio
TT News