Pirelli now equips as standard a tyre with sensors that can talk to a car for the first time.
Pirelli Confirmed By S&P Global as "Gold Class"
Pirelli once again has been awarded gold, with its confirmation as "Gold Class" this year in Sustainability Yearbook 2021.
Goodyear Acquire Cooper Tire
The Goodyear Tire & Rubber Company have announced that they have entered a definitive transaction agreement to acquire Cooper for a sum in the region of USD 2.5 billion.
Toyo Proxes R57 Powers the All-New Honda City
Toyo Tires recently announce that it is now the Original Equipment tyre manufacture of choice.
Toyo Tires Announces Closure of Silverstone Manufacturing Plant
The Toyo Tire Corporation has announced the closure of the Silverstone Berhad manufacturing facility in Perak by June 2021
BKT Awarded SQEP Gold Certification
Caterpillar has awarded BKT's Bhuj plant SQEP (Supplier Quality Excellence Process) Gold certification.
Nikolai Setzer To Become Continental CEO
The Supervisory Board of Continental AG appointed Nikolai Setzer, as new Executive Board chairman until March 2024, effective December 1, 2020. He succeeds Dr. Elmar Degenhart, who is stepping down from his position for health reasons, with the consent of the Supervisory Board, effective November 30, 2020.
Recircle Awards 2021: Nominations Shortlist Announced
Valebridge Media Services (VMS), the Crewe, UK and Madrid, Spain-based media services agency, has announced the shortlist of nominees for the inaugural Recircle Awards 2021, the recently launched awards event recognising sustainable innovation, production processes, management and services within the tyre retreading and recycling industries.
Hankook Presents Futuristic Tyre and Mobility Vision with its “Design Innovation 2020” Project
Hankook reveals a futuristic mobility concept with its “Design Innovation 2020” project, presenting a two-wheeled mobility device called “HPS-Cell”. The HPS-Cell serves as an autonomous driving platform, which can be connected to various passenger cabins or cargo spaces, called pods. To bring the scenario to life, concept films and prototypes have been produced and are available to view on the official Hankook Tire YouTube page.
Hankook Tire Announces Financial Results for the Third Quarter of 2020
For the third quarter of 2020 Hankook Tire reports an increase of global sales and operating profit by 2.8% and 24.6% respectively year-on-year, and by 38.3% and 220.5% compared to the previous quarter. This recovery is mainly attributed to increased sales of replacement tyres in major regions such as Europe, North America, and China. It was also driven by increased sales of OE tyres as well as high-inch tyres of 18 inches or above in China. The company’s Laufenn brand product portfolio is also a key contributor to driving demand from customers seeking both quality and competitive price.