Goodyear India Quarterly Profit Jumps Nearly Threefold On Higher Sales
- By TT News
- August 19, 2025
Goodyear India said its first-quarter profit nearly tripled, boosted by higher revenue and improved margins as the tyre maker benefited from steady demand in the commercial vehicle segment.
Net profit for the three months ended 30 June surged to INR 1.41 billion from INR 487 million a year earlier, the company said in a regulatory filing.
Revenue from operations rose 8.7% to 655.2 billion rupees, driven by volume growth across passenger and commercial vehicle tyres despite competitive pricing pressures in the market.
The Ballabgarh-based company saw its operating expenses rise 7.6 percent to INR 641.9 billion during the quarter. Cost of materials consumed, the largest expense component, increased 4.4% to 267.4 billion rupees.
Employee benefit expenses climbed 12.7 percent to INR 50.5 million, whilst finance costs jumped to INR 1.3 million from INR 1.2 million in the corresponding period last year.
The company’s earnings before interest, tax, depreciation and amortisation margins improved during the quarter, reflecting better operational efficiency and pricing discipline.
Nokian Tyres Named Official Sponsor For 2026 And 2027 IIHF Ice Hockey World Championships
- By TT News
- October 12, 2025
Nokian Tyres has been named an Official Sponsor for the 2026 and 2027 IIHF Ice Hockey World Championships, connecting its brand with a premier winter sports spectacle. The sponsorship covers the upcoming tournaments in Switzerland and Germany, which captivate a global audience of millions.
According to Tiina Frazer, VP of Brand, Marketing and Communications at Nokian Tyres, the partnership is a natural alignment. She notes that ice hockey is a sport defined by extreme conditions, where success hinges on control, precision, and grip. This directly parallels the core mission of Nokian Tyres, which is to engineer products that provide drivers with reliable safety and confident performance on the road, regardless of the weather. The collaboration reinforces the company's dedication to excellence in demanding environments.
Frazer said, “We’re proud to support an event that brings together millions of passionate hockey fans – whether they’re cheering at the ice rink or following the excitement from their screens. It’s a privilege to be part of the special moments viewers enjoy around the globe, especially as awareness of our heritage as inventor of the winter tyre is growing globally. We are looking forward to our partnership and wish all the teams and players success for the upcoming tournament.”
- # Doublestar Tires # Kumho Tires
- 2025 Asia Brand Congress
- THE ASIA’S 500 MOST INFLUENTIAL BRANDS
- World Brand Lab
Doublestar Tire, Kumho Tire Feature In ‘THE ASIA’S 500 MOST INFLUENTIAL BRANDS’ List
- By TT News
- October 12, 2025
The World Brand Lab unveiled its ‘Asia's 500 Most Influential Brands’ list at the Asia Brand Congress in Hong Kong on 24 September 2025, featuring both Kumho Tires and Doublestar Tires for their significant brand impact.
Kumho Tires achieved a comprehensive ranking of 209th, rising six places from the previous year and positioning it as the second-highest ranked tyre brand. Meanwhile, Doublestar Tires climbed five spots to 305th overall, earning the distinction of being the top-ranked brand within China's domestic tyre industry.
Michelin Inks Distribution Partnership With J&B Importers For Bicycle Tyres
- By TT News
- October 11, 2025
Michelin North America, Inc. is enhancing retailer access to its bicycle tyres through a new distribution partnership with J&B Importers, effective 1 October 2025. With this development, retailers will be able to order Michelin products directly through J&B Importers, starting with an initial selection of popular models.
A major expansion of the tyre lineup is scheduled for 1 January 2026, which will introduce a comprehensive portfolio. This collaboration is designed for a seamless integration, providing efficient access to Michelin's premium range. The 2026 expansion will include a wide array of new SKUs, encompassing tyres for road, mountain, gravel and city cycling to meet diverse market demands.
Justin Brock, Vice President – Sales, Recreational Products, Michelin North America, Inc., said, “Partnering with J&B Importers, Inc. allows us to better serve independent bike dealers with faster access to Michelin’s trusted tyre technologies. This is a key step in expanding our footprint and supporting the cycling community with products that deliver performance and durability.”
Phil Sweet, General Manager, J&B Importers, Inc., said, “We’re proud to welcome Michelin to our distribution portfolio. Michelin is a globally respected brand known for innovation and performance. This partnership allows us to offer our dealers access to premium bicycle tyres backed by a legacy of excellence, and we’re excited to grow the assortment in the months ahead.”
Pirelli Expands Winter Lineup With New Cinturato Winter 3 Tyre
- By TT News
- October 11, 2025
Pirelli has introduced the Cinturato Winter 3, a winter tyre engineered for sedans and crossovers to deliver safety and control in cold conditions. The tyre’s development prioritised balanced performance across snow, wet roads and dry pavement, achieved through advanced virtual engineering techniques that reduced the need for physical prototypes and accelerated the design process.
Independent testing by Dekra and TÜV confirmed the tyre’s leading capabilities. It ranked first on snow for braking, traction and handling, earning the TÜV Premium Quality Mark. On wet surfaces, it demonstrated top-tier aquaplaning resistance and handling, with a European wet grip rating of A-B across its entire range. The tyre also provides acoustic comfort, with low rolling noise emissions as indicated on its European label.
Key technical updates contribute to this performance. The tread pattern features a central zig-zag channel for improved water evacuation, while optimised sipes and Snow Keeper Teeth on the tread blocks trap snow to enhance snow-on-snow grip without sacrificing wet performance. The compound technology benefits from Pirelli's experience with the high-performance P Zero Winter 2. It uses a Dual-Core Polymer with a structure that provides high grip at low temperatures for snow adhesion while maintaining grip on wet and dry surfaces, coupled with excellent wear resistance for higher mileage.
Material development was streamlined using a generative AI tool called the Virtual Compounder, which identified optimal material combinations for the new compound with greater precision and efficiency. The tyre was validated at Pirelli’s proving grounds, including the Sottozero Centre in Swedish Lapland, a 125-hectare facility with 19 tracks for testing on snow, ice and asphalt. A recent indoor facility at this centre allowed for year-round winter condition testing. The Cinturato Winter 3 was tested on over 10 car models to ensure compatibility.
Available now on the replacement market in over 35 sizes from 16 to 20 inches, the range includes specific technologies. The Elect marking denotes versions that can increase the range of electric and plug-in hybrid vehicles by up to 10 percent through solutions tailored to their powertrains. An optional Pirelli Noise Cancelling System (PNCS) uses a sound-absorbing material to reduce cabin noise.
The Cinturato Winter 3 joins other recent Pirelli winter products, including the P Zero Winter 2 for high-performance cars and the Scorpion Winter 2 for SUVs. This expanding portfolio addresses the growing market demand for specialised winter tyres, particularly in larger sizes for premium vehicle segments.
Comments (0)
ADD COMMENT