Apollo Vredestein has launched a consumer-focused campaign in the UK to promote the use of all-season tyres: Until 30 September 2019, all purchases of four Vredestein Quatrac all-season tyres at participating dealers qualify for a free Google Home Mini or Amazon Echo Dot.
Kochi, India – Catering to the growing demand for the pick-up trucks in India, Apollo Tyres has introduced a new brand of tires for this segment of vehicles.
Developed at the company’s R&D centre, in Chennai, India, the EnduMaxx LT tire has been designed for the country’s “terrain requirements”, Apollo said in a 14 June statement.
Apollo will be manufacturing the tires at its Vadodara, Gujarat, production plant which has the capacity to produce 80,000 units per month.
KERALA, India—Indian tire maker Apollo Tyres Ltd. posted double-digit increases in sales and operating profits for the fiscal year ended March 31.
Operating profits and sales both rose 18 percent, to $299.2 million and $2.47 billion, respectively, gains Apollo attributed to a “strong performance” in the commercial vehicle segment, especially truck radials in India, and passenger car tires in Europe.
Baden-Baden, Germany – Apollo Vredestein has unveiled what it says it the first all-season tire to be specially designed for the ultra-high performance (UHP) segment.
The Quatrac Pro tire will strengthen the company’s position in the European all-season segment, officials said at a 21 March press launch near Baden-Baden.*
Available in sizes from 17 to 21 inch, the tire is said to offer advanced level of handling and braking performance under both dry and wet conditions.
Compared to predecessor…
DUBLIN, Jan 15, 2019 /PRNewswire/ — The “Tires – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin…
Apollo Tyres announced that the prices of its Vredestein brand consumer tires will increase by up to 6% starting Jan. 1.
The company said the price hike is in line with the rising raw material and logistics costs.
Currently, Vredestein consumer tires are produced in Europe from the company’s manufacturing facilities in the Netherlands and the recently inaugurated plant in Hungary.
Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.
With the introduction of a new winter tyre, Apollo Tyres now offers some 60 winter products. The latest addition to the tyre maker’s cold weather portfolio is the Apollo Aspire XP Winter, which is being rolled out in 23 sizes to cover most popular fitments.
During a conference call held this month, the chief financial officer of Apollo Tyres Ltd. confirmed that passenger car tyre production at the Apollo Vredestein plant in Enschede, the Netherlands would be reduced as capacity for these products grows in the company’s new, more cost-competitive facility in Gyöngyöshalász, Hungary.
Truck tyre production at Apollo Tyres’ factory in Gyöngyöshalász, Hungary will begin before the end of September. According to Gaurav Kumar, chief financial officer of Apollo Tyres Ltd., production is scheduled to start during the July to September quarter and the ramp-up of truck tyre production will then continue and reach a maximum capacity of 1,200 pieces per day by the end of March next year.