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Passenger Vehicles Report Record Wholesales For January
February 14, 2025
In January 2025, a total of 1.98 million vehicles were sold across two-, three- and passenger vehicle segments, which was 2 percent higher YoY as per the latest data released by the Society of Indian Automobile Manufacturers (SIAM).
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CEAT Expands Gujarat Retail Footprint with Largest Showroom in Anand
February 14, 2025
CEAT Ltd, a leading Indian tyre manufacturer, has inaugurated its largest retail outlet in Anand, Gujarat, strengthening its presence in the state. The 4,200-square-foot CEAT Shoppe, launched in partnership with Bharat Tyres, marks CEAT’s seventh outlet
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Michelin Delivers Resilient Performance Amidst Market Challenges in 2024
February 14, 2025
French tyre manufacturer Michelin reported sales of €27.2 billion in 2024, down 4.1% from the previous year, amid declining volumes and currency headwinds. Despite challenges, the company maintained a strong segment operating income of €3.4 billion wi
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Yokohama Rubber To Supply ADVAN Tyres To Haupt Racing Team For Ford Mustang GT3 Race Cars
February 14, 2025
The Yokohama Rubber Co., Ltd., has entered into a partnership agreement with Haupt Racing Team (HRT) as part of its effort to achieve victory at the 2025 Nürburgring 24-Hour Race (ADAC RAVENOL 24h Nürburgring).
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Tolins Tyres Reports Q3 Profit Rise Amid Expansion Plans and Apollo Supply Deal
February 13, 2025
Tolins Tyres Ltd, a Kerala-based tyre and precured tread rubber manufacturer, reported a 1.3% increase in Q3 profit despite a 7.6% revenue decline. The company secured a major supply agreement with Apollo Tyres and announced ambitious expansion plans. EBI
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Apollo Tyres Plans Capacity Expansion as Raw Material Costs Stabilise
February 12, 2025
Apollo Tyres Ltd plans to boost capital expenditure to INR 8 billion in FY26, addressing passenger car tyre capacity constraints. The company anticipates stable raw material costs and targets expansion in the U.S. and Saudi Arabia. European operations are
