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.
Recircle Awards 2021: Marangoni Group Named as Official Trophy Sponsor
Valebridge Media Services (VMS), the Crewe, UK and Madrid, Spain-based media services agency, has announced that the Marangoni Group has been named as the Official Trophy Sponsor for the inaugural Recircle Awards 2021.
Continental Wins Prestigious Tyre Technology Award with Tyre Concept for Electric Robotaxis
Prestigious Tire Technology Award goes to Continental for its innovative C.A.R.E. concept. Tyre concept for future electric mobility solutions opens a window on how the digitalisation of tyres can contribute to the environmentally compatible mobility of the future.
Goodyear Release Financial Results for Q2
The Goodyear Tire & Rubber Company has reported results for the second quarter and first half of 2020.
Nexen Tire Uses AI and Big Data to Reduce Tyre Noise
Nexen Tire announced that it has developed an Artificial Intelligence (AI) and big data-driven methodology that can help reduce tyre noise.
Borussia Dormund Maintain Their Hankook Partnership for a 12th Season
Since 2009 when Hankook signed the sponsorship contract with BVB, the partnership remains as strong as ever, with Hankook remaining loyal to the club for another season. Celebrating its 10th anniversary last year, fans are ready for the start of the new Bundesliga season, with the Hankook brand presence once again featured.
Issue 4 of The Tyreman Released for 2020
The Tyreman has launched issue 4 for 2020 bringing with it some of the latest news in the Malaysian tyre industry.
New Developments in the Third Online Episode of TOTY: Agriculture in 4D
The third episode of TOTY has decided on the theme Agriculture 4D, which is designed for those studying and designing tractors of the future. With some instead terming the event ‘Industry 4.0 in the field’ based on the fieldwork mixed with the technology innovation. The result is a new form of agriculture, working to improve both the yield and sustainability of harvests, including in the produce and transformation quality, as well as the working conditions.
Tyres Fight Erosion and Save Turtles
Malaysia’s Rimbun Dahan Turtle Hatchery is under threat from erosion. The sanctuary, established by Pak Su Cherating, who died in 2018, is facing a crisis.
Recircle Awards 2021: Award Categories and Nominations Process Announced
Valebridge Media Services (VMS), the Crewe, UK and Madrid, Spain-based media services agency, have revealed details of the awards categories and nominations process 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.