Business News

This news section will allow you to find out about takeovers, mergers and other market news within the Malaysian tyre industry.

Lassa Tyres will be adding more concept stores in the local market despite economic downturn.

Kit Loong Tayaria Sdn Bhd has added Indonesian manufactured GT Radial brand of passenger car tyres to its portfolio of exclusive distributorships.

In this virtual leg of TOTY 2021 BKT will talk of Connectivity and its importance as one of the foundations of Agriculture of the future. The episode can be seen on www.totydigital.com  

Although online tyre sales are not expected to be the norm in Malaysia in the near future, many tyre players have invested in the e-commerce platform.

With the AGRIMAX range of radial tyres, using the most sophisticated technology, BKT is responding to the demand from modern agriculture, where respecting the land is one of the key parameters of sustainability. 

In the strategic collaboration with Grab and Bonuslink, Speedwork was introduced in the Malaysian market to drive traffic to Giti dealers' workshop. 

Hankook is contributing to the Porsche Taycan with its Ventus S1 evo 3 ev, which has been specially developed for the needs of electric vehicles. In the size 225/55R19 XL 103Y on the front axle, 275/45R19 XL 108Y on the rear axle and “NF0” on the sidewall, the Ventus S1 evo 3 ev hides a lot of technical refinements that bring the performance of electronically driven sports cars optimally onto the road.

Bridgestone Corporation has  announced its new Mid-Long Term Business Strategy Framework, which sets forth a forward-looking vision to provide social value and customer value as a sustainable solutions company towards 2050 and beyond.

Forestry work has always been very demanding but modern forestry does not seek to damage forests but on the contrary to create the conditions to allow the regrowth or emergence of new trees, in the place of a plant which has been cut down. The key aim is to avoid any significant change in forest ecosystems. BKT has taken up the challenge by designing highly specialised tyres, developed in the workshop, starting from observing the real working conditions and enabling the vehicle to express its full power.

 

Under the new policy, tyre imports are not freely allowed from other countries, even after paying the customs duty.

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