Apollo launches new brand of light truck tires in India

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.

Read the source article at European Rubber Journal

Marangoni’s TRM unit notes ‘increased interest’ in retreading

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BOLOGNA, Italy — Marangoni Group’s Tyre Retreading Machinery unit is reporting signs of a pick-up in the retreading business “after several years of uncertainty.”

Read the source article at Tire Business

GM Merger With Ford Looks More Likely

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Fiat Chrysler Automobiles proposed a merger with Renault that would create the world’s third-largest carmaker. The eroding economics of the industry make such deal more likely by the day. Deep trouble at Ford Motor and General Motors’ need for more heft to compete with rivals Toyota and Volkswagen make a marriage between the two largest car companies increasingly probable. 

Fiat Chrysler argues that a tie-up with Renault will lead to $5.5 billion in savings. As car sales have flattened in the United States and started to drop in China, the two largest markets in the world offer less hope for revenue improvement. Neither company has much of a sales footprint in China. Renault has none at all. Both have a strong market share in Europe, but it is one of the most competitive markets in the world. At the low end of the market, VW is the dominant force. At the high end, it is BMW and Mercedes.

Read the source article at MSN.com

Yokohama targeting pickup/SUV and CUV markets with Geolandar X-AT, X-CV

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HENDERSON, Nev. — Yokohama Tire Corp. is making a serious pitch for the pickup truck/Jeep/SUV and CUV crowds with a pair of new tires in the Geolandar product line, the X-AT extreme all-terrain and X-CV crossover/luxury SUV tire.

Read the source article at Tire Business

Global and China Natural Rubber Industry Report, 2019-2025

NEW YORK, May 21, 2019 /PRNewswire/ — In 2018, global natural rubber industry continued remained at low ebb, as a result of economic fundamentals. Global natural rubber price presented a choppy downtrend and repeatedly hit a record low in recent two years, in spite of an uptick in the…

Read the source article at PR Newswire

Apollo sales, operating profit rise in 2019

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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.

Read the source article at Rubber and Plastics News

Cooper Tire Launches Severe Series Tire for Construction Trucks

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Cooper Tire has released a new mixed service-wide base all-position (WBA) tire as part of its Cooper Severe Series lineup.

The tire is available in 385/65R22.5 and 425/65R22.5 sizes, in load range L.

“Our Cooper Severe Series tire line, which now also includes the WBA, provides exceptional performance while giving our customers a low cost of ownership proposition,” said Gary Schroeder, executive director of Cooper’s Global Truck and Bus Tire Business.

Read the source article at Tire Review

Continental Increases Production at Pre-Cured Tread Plant

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Continental recently announced that it has increased production at its pre-cured tread manufacturing plant in Mount Vernon to meet high retread demand.

Due to its high-tech manufacturing process and retread sales growth, the plant has equipped itself to meet an expected 300 percent increase in production this year. To support the additional volume requirements, Continental hired a second shift of production employees in March.

Read the source article at Autosphere.ca

Hankook debuts improved super-single drive-axle truck tire

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NASHVILLE, Tenn. — Hankook Tire America Corp. has introduced the Hankook e3 WiDE DL21, a super-single long-haul drive tire that boasts greater life and mileage over its predecessor, the DL07.

Hankook said the e3 WiDE DL21 offers a 2-percent increase in tread life and a 10-percent drop in rolling resistance versus its predecessor.

Read the source article at Tire Business

ETRMA members’ tyre sales 1st quarter 2019 show slight decline in European tyre replacement sales

Brussels, 16th April 2019 – Today the European Tyre and Rubber Manufacturers’ Association (ETRMA) published its members’ sales for the 1 st quarter of 2019.

The overall industry sales declined slightly in Q1 2019. This pattern is similar to 2018, which saw low sales in Q1 and recovery in the following months. It remains uncertain whether the recovery in Q2 will balance out the decline registered in Q1.

ETRMA welcomes the very positive evolution for truck tyre replacement (+9%), reconfirming the 2018 full-year trend, and the positive trend in agricultural tyre sales. As for the moto and scooter tyre replacement sales, the positive trend observed during the Q4 of 2018 is reflected again in the 2019 Q1 sales.

Read the source article at etrma.org