Jinyu Completes Vietnam PLT Project
- By TT News
- 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 semi-steel radial tyres annually, in a ceremony on 15 April.
Launched in January last year, the project is an expansion of Jinyu’s existing truck & bus tyre production facility in Tay Ninh province, which currently produces two million TBR tyres annually. By the second half of 2026, the factory should be scaled up to full capacity. The company expects to produce 10 million TBR and 10 million PCR tyres annually across all of its production facilities once the initiative goes into full-scale production.
After a five-year hiatus to concentrate on the development of TBR tyres, Jinyu is making a triumphant comeback to the passenger vehicle tyre market with this landmark project. The facility has a testing unit, a technical R&D centre and automated manufacturing equipment. In order to guarantee that operations are traceable and controlled, the factory additionally uses intelligent management systems like MES, RDM and LIMS for real-time data collecting and analysis.
Chang Xianxu, Chairman, Jinyu Tire, said, "The successful completion of the PCR project in Vietnam is another breakthrough for Jinyu Tire in multiple dimensions such as high-end tyre manufacturing, technology research and development, production management and international operation capabilities. This also serves as a strong testament to Jinyu Tire’s unwavering commitment to the development and application of rubber tyre technologies and services, with the mission of delivering optimal value and experience to its customers. Upon full-scale production, the project is expected to reach an annual capacity of 10 million high-performance passenger and light truck (PLT) tyres by the second half of 2026. By then, Jinyu Tire will possess a dual production capacity of 10 million units each for TBR (Truck and Bus Radial) and PLT tyres, enabling the company to better serve and meet the needs of its global customers, while helping its global partners achieve greater business scale. This reflects a deep embodiment of the company’s core value – ‘Common Interests Above All Else’.”
WACKER Launches PACE Programme For Cost Savings
- By TT News
- November 27, 2025
In response to significant economic pressures within the chemical industry, WACKER has initiated a comprehensive efficiency programme named PACE. The project, launched in October, is designed to secure substantial and permanent annual cost savings exceeding EUR 300 million. A primary focus will be on optimising fixed production costs and administrative structures.
To achieve this financial target, the company anticipates a reduction of more than 1,500 positions globally, with the majority of job cuts affecting its German sites. This workforce adjustment is expected to account for approximately half of the total savings. The company, which had previously forecast a net loss for 2025, intends to fully implement all PACE measures by the end of 2027. This strategic move aims to strengthen WACKER's operational resilience amid a challenging business climate.
Christian Hartel, President and CEO, WACKER, said, "We are currently working on measures to achieve our cost-saving targets. The aim is to reduce our costs to a competitive level through savings. This will put WACKER back on the road to success." Emphasising the need for competitive framework conditions, he added, "Particularly in Germany, the excessively high energy prices and bureaucratic obstacles continue to act as a central brake on the successful development of the chemical industry."
Bridgestone India Opens New Select Store In Punjab
- By TT News
- November 27, 2025
Bridgestone India, a subsidiary of the Bridgestone Group, has announced the opening of its latest Bridgestone Select Store, Arora Wheel and Car Accessories, in Firozpur, Punjab.
The store was inaugurated by Rajiv Sharma, Executive Director – Integrated Consumer Business, Bridgestone India.
The Bridgestone Select stores represent the company’s retail format that delivers a comprehensive ownership experience. These outlets provide guidance, diagnostics, and infrastructure, ensuring safety, performance and driving confidence.
Rajiv Sharma, Executive Director – Integrated Consumer Business, Bridgestone India, said, “Punjab is a key market for Bridgestone, and the opening of our new Select Store in Firozpur reflects our focus on being closer to customers, through modern, high-quality retail touchpoints. At Bridgestone, we are committed to providing not just superior products but also an enhanced customer experience that combines premium products & services along with Bridgestone’s promise of safety, and trust. The Select Store format allows us to deliver the best of Bridgestone’s global expertise with a local, customer-first approach”
Arora Wheels is making available Bridgestone’s latest offerings: Turanza 6i and Dueler All-Terrain A/T002. The Turanza 6i is engineered with ENLITEN technology and delivers a driving experience. Compatible with both internal combustion engine (ICE) and electric vehicles (EVs), this tyre is EV-ready, offering efficiency, comfort and durability for mobility.
The Dueler All-terrain A/T002 is built for adventure and is a said to be a preferred choice among off-road enthusiasts. Its tread design and on- and off-road capabilities make it the choice for drivers seeking performance without compromising control or safety.
Michelin India Opens Three New Tyre Stores In Tamil Nadu
- By TT News
- November 27, 2025
Michelin, a tyre technology company, has expanded its network in India with the inauguration of three new Michelin Tyres & Services (MTS) stores in Tamil Nadu.
Two stores were launched in Coimbatore: one with Covai Tyres in Sundarapuram, and another with Carzone in Goundermills. The third facility was inaugurated with Carworld Automotive in Tirupur.
Each new dealership offers Michelin’s complete range of products, along with advanced diagnostic tools and high precision equipment for alignment, balancing and car services. The new facilities were inaugurated by Prashant Sharma, National Sales Director at Michelin India.
Shantanu Deshpande, Managing Director, Michelin India, said: “The opening of three new Michelin Tyres & Services Stores in Tamil Nadu reflects our continued investment in expanding our retail network and strengthening consumer access to our products and services. These new touchpoints align with our broader strategy as we prepare to introduce our Made-in-India passenger car tyre range, ensuring we are well positioned to serve the evolving needs of our consumers.”
Tamil Nadu is a key market for Michelin, supported by the company’s production facility in Chennai. Michelin stated it is focused on delivering mobility experiences that combine safety, durability, and performance through collaboration with partners like Covai Tyres, Carzone and Carworld Automotive.
Yokohama Supports Classic Himalayan Drive
- By TT News
- November 27, 2025
The Classic Himalayan Drive 2025, a 10-day motoring expedition, concluded recently, which was supported by Yokohama India and included over 60 classic and vintage cars from the UK, France, Kenya, Bhutan and India.
The drive celebrated heritage motoring by retracing rally routes and uniting enthusiasts, showcasing vehicles spanning decades of automotive engineering.
Participants navigated terrains and elevations through Uttarakhand and Himachal Pradesh. The route covered Noida, Corbett, Rishikesh, Mussoorie, Theog and Manali, including high-altitude sections such as Jalori Pass (10,800 ft) and Rohtang Pass (13,095 ft) via the Atal Tunnel. The drive included highways, gravel stretches, hill climbs and cold-weather routes representative of Himalayan motoring conditions.
A dedicated Yokohama Club Network Pitstop was set up at Batra Tyres, Chandigarh. The facility supported the entire convoy with tyre checks, alignment and balancing services and inspections after the high-altitude sections. This stop ensured the vehicles were road-ready for the final stretch and served as a technical checkpoint.
Rajiv Batra, Batra Tyres, said, “Events like the Classic Himalayan Drive push vehicles to perform across varied and demanding conditions. We are proud that Yokohama tyres remain the preferred choice for drivers seeking reliability and control. Seeing enthusiasts place their confidence in Yokohama reinforces our commitment to delivering performance that is matched by long-term dependability on every drive.”
A participant from the drive expressed his take on Yokohama tyres and said, “I completed nearly 2,500 kilometres during the drive, and the Yokohama tyres delivered consistent grip and comfort across every surface we encountered. They are soft enough for classic cars yet stable and reliable on high-altitude sections and tight turns. I’ve been using Yokohama tyres on all my classics for over five years, and the performance on this drive reaffirmed why. For a car like my 1977 Peugeot 504, the fit, handling, and control were exactly what I needed for a long-distance run like this.”

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