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Apollo Tyres Posts Lower Profit on Weak Demand
November 14, 2024
Apollo Tyres reported a decline in profits for the second quarter and first half of its fiscal year 2024-25. Despite a revenue increase, higher raw material costs and weak demand, particularly in India's OEM segment, impacted the company's bottom line.
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Toyo Tire Posts USD 563 Million Operating Profit In Q3 CY2024
November 14, 2024
The automotive parts business saw revenue growth of 4.5 percent at USD 247 million, and an operating income of USD 9.9 million.
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Yokohama To Shut Israel Factory On Back Of Unfavourable Cost And Competitive Structure
November 14, 2024
The Hadera plant is one of the over 30 facilities in Yokohama Rubber Co’s global network. It has been operations for more than 70 years.
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Kumho Tire USA Launches Three New Ultra-High-Performance Tyres
November 13, 2024
Kumho Tire U.S.A., one of the world's leading tyre manufacturers, has added three new tyres to its lineup of ultra-high-performance tyres. The new tyres – Ecsta Sport All-Season PA71, Ecsta Sport PS72 and Ecsta Sport S PS72 – were showcased at the rec
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Sri Trang Agro-Industry Collaborates With Prince Of Songkla University To Advance Thai Education
November 12, 2024
Sri Trang Agro-Industry Public Company Limited (STA) has signed a memorandum of understanding (MOU) on academic collaboration under the ‘Curriculum and Corporate Partnership Programme’ with Prince of Songkla University (PSU) to advance Thai education
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Linglong Tire Unveils Range Of Innovative And Sustainable Tyres At SEMA Show 2024
November 12, 2024
Linglong Tire showcased its lineup of 20 new tyres across its five brands – LINGLONG, ATLAS, CROSSWIND, GREEN MAX and LEAO – at the recently concluded SEMA Show 2024 These tyres target a variety of vehicles, including race cars, sedans, SUVs, off-road
