FRIEDRICHSHAFEN, Germany—As it prepares for future mobility solutions, Lanxess is targeting electrically charged vehicles as a key growth area.
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.
Pirelli’s Middle East tyre retail operation has adopted Groove Grove technology as a way of improving its service offer.
According to local news reports, Groove Grove was created by Tire Profiles, a partner of MAHA Maschinenbau Haldenwang GmbH & Co., the German supplier of high-end garage and vehicle inspection equipment. Using the technology, motorists can get tyre-related information, including suspension, pressure, alignment, wear and tear and replacement recommendations.
COLOGNE, Germany–Lanxess plans to sell its remaining 50 percent stake in Arlanxeo to its joint venture partner Saudi Aramco.
ZAFCO, the UAE based tire manufacturer and distributor, is marking its entry as an international expert and exhibitor at Tire Cologne 2018. The tire industry event will take place between May 29th to June 1st at the trade town, Koelnmesse, Germany. With the fifth largest exhibition ground in the world and 70,000 square metres of space and modern infrastructure, Koelnmesse aspires to facilitate growth-oriented tires, wheels and car service specialists through the trade fair.
E-Commerce Automotive Aftermarket to Witness a Pronounce Growth During 2017 to 2025 Albany, NY — ( SBWIRE ) — 05/11/2018 — Global E-commerce Automotive Aftermarket Market: Overview The automotive industry is flourishing in the emerging economies of China and India on the back of increasing income per capita of the urban populations. Since these two countries are vastly populated, the automotive industry is expected to continue gaining new demand for a foreseeable future.
Magog, Quebec — Camso Ltd. is planning to raise aftermarket prices globally in the coming months on its range of solid and pneumatic tires, tracks and track systems by between 1% and 6%.
Camso cited rising raw materials, logistics and other operating costs as the reasons for the increases. The timing of the increases will be based on market dynamics in North America, Europe, the Middle East and Asia Pacific, Camso said.
Pirelli & C. S.p.A. has reported a 7.6 per cent increase in revenues, to 5.35 billion euros, for the 2017 financial year. This figure is below the growth target of approximately nine per cent set for 2017; Pirelli says this lower growth was due to a greater than anticipated forex impact and the acceleration of the reduction of exposure to its ‘standard’ segment.
Tehran – China’s Shandong Linglong Tire Co. Ltd (Linglong) has signed an agreement as the EPC and non-EPC contractor for the construction of a greenfield tire plant in Iran, according to a senior official there.
Speaking to ERJ, Massoud Mohammadi, CEO of Arya Hamoon Tire Co. said Linglong is expected to provide production technology for the project, which is being built in south eastern Iran.
Stefano Sanchini has been appointed sales director for Bridgestone in the Middle East & Africa region. He joins Bridgestone from Goodyear, and although the tyre maker only recently announced his appointment, Sanchini has been with Bridgestone since August 2017.