LONDON, May 9, 2018 /PRNewswire/ — Government initiatives to reduce carbon emissions and tire labeling regulations are anticipated to drive the green tires market.
The green or low rolling resistance tires market is projected to reach USD 104.23 billion by 2022, at a CAGR of 10.7% from USD 62.68 billion in 2017. One of the most significant factors driving the growth of the green tires market is the increased government initiatives for a green and clean environment. There is a rising concern over factors affecting the fuel efficiency of vehicles and CO2 emissions. Thus, governments across the globe have started several initiatives to reduce fuel consumption and release of greenhouse gases. However, lack of awareness regarding the benefits of green tires restricts the growth of the green tires market in emerging economies.
WASHINGTON — General Motors’ desire to see updated federal fuel efficiency standards that are consistent with market realities and industry trends does not undercut the automaker’s commitment to emissions reductions, CEO Mary Barra said in an open letter to employees.
Falken Tires has been selected as original equipment supplier to the 2019 Volkswagen Jetta, providing fitments for both 16-inch as well as 17-inch with its Sincera SN250A All-Season tire. Sizes include 205/60R16 92H and 205/55R17 91H.
Falken began production in late March 2018 at parent company’s Sumitomo Rubber’s Thailand plant. Markets served for the new Jetta equipped with Falken-branded tires include all of North America, with 16-inch tires available this June.
Trucks use an awful lot more fuel than cars. Consequently, the fuel you can save from making small improvements can be massive. That’s what Bob Sliwa aims to do when he sets out from San Diego, Calif., on May 17 in his Shell Airflow Starship record truck. Hauling his full-sized trailer fully loaded to the truck’s 80,000 pounds capacity, he…
Rubber material development teams at Toyo Tire & Rubber (Toyo Tires) have been working on the company’s ‘Nano Balance Technology’ since 2011, and have now developed a new process development technology that improves fuel efficiency in truck and bus tyres.
The WardsAuto Fuel Economy Index shows the average fuel economy of light vehicles sold in the U.S. in September was 25.4 mpg (9.2 L/100 km), down 0.3% from year-ago. The national average gasoline price was $2.761, 10.7% higher than in August and 18.7% above year-ago. Share of standard gasoline models fell to 96.2% from 96.4% in same-month 2016. Share of all alternative power types increased. Cars sold in the month averaged 30.1 mpg (7.8 L/100 km), down 0.8% from year-ago. Domestically …
BERLIN — Volkswagen Group’s plan to cut costs by creating a new parts business could unlock funds for its move to electric vehicles and herald an eventual spin-off that could transform its profitability, analysts said. Shackled by its powerful labor unions, VW makes parts, such as transmissions, in-house at high German wage costs, weighing down the core brand’s profitability.
Dyson Ltd., best-known as a manufacturer of vacuum cleaners, hand driers and air filters, will build an electric car by 2020, founder James Dyson said Tuesday. The company is investing one billion pounds ($1.34 billion) to develop the car, plus the same sum to create solid-state batteries to power it, Dyson said. These investments will dwarf money the company is spending on research and development for its vacuums and air filters.