The Dongying government in China's Shandong Province has announced an ambitious 2024-2028 Rubber Tyre Industry Development Plan. This initiative aims to significantly boost the local tyre industry by targeting up to nine tyre and tyre-related enterprises within the region. The goal is to achieve a combined operating income of RMB 100 billion (approximately £10 billion)…

BMW has introduced new 20-inch P Zero Winter 2 tyres for the BMW 7 Series in collaboration with a leading tyre manufacturer, setting a new standard in electric vehicle tyre technology. These tyres, revealed at Tire Cologne, offer extended range capabilities and superior performance in winter conditions. These tyres, boasting an “A class” European labelling…

The United States has taken a decisive step in response to the surge in imports of truck and bus tyres from Thailand, as the U.S. Department of Commerce recently announced the imposition of preliminary anti-dumping duties. This move follows a thorough investigation into whether these tyres are being sold in the U.S. market at unfairly…

In 2023, a Chinese tyre manufacturer reported substantial growth in sales across Europe and the Middle East. The company's annual revenue reached 10.42 billion yuan (approximately £1.13 billion or €1.33 billion), with a net profit of about 1.4 billion yuan (approximately £150 million or €180 million). This performance enabled Triangle Tyre to surpass Double Coin…

Sentury Tyre recently announced a strategic shift in its investment plans, opting to allocate funds initially kept for a factory in Spain to accelerate the development of its Moroccan plant. The decision stems from challenges faced in obtaining approvals for the Spanish facility, contrasted with the smooth progress of the Moroccan project. The Moroccan plant,…

Dunlop has launched its latest line of all-season tyres, the Dunlop All Season 2. This release targets a growing segment of the market projected to expand by two to three percent annually from 2023 to 2028. The All Season 2 is tailored to fit a range of modern vehicles, from city cars to SUVs, and…

Goodyear Farm Tyres has established a new Low Sidewall Technology Development Centre in France, enhancing accessibility for UK and European distributors and customers to this innovative product. Titan International's French HQ will commence manufacturing and customizing wheels for LSW wheel and tyre assemblies from April, boosting efficiency and flexibility. LSW assemblies, known for operating at…

Yokohama Rubber Co., Ltd. has unveiled plans to bolster its presence in the North American market by establishing a new passenger car tyre manufacturing facility in Mexico. The company intends to invest approximately US$380 million (¥52.1 billion) in this venture, with an annual production capacity of 5 million tyre. Construction of the state-of-the-art plant is…

Mitas is gearing up for the release of its highly anticipated SPEEDWAY tyre, poised to hit the tracks in March 2024. Developed in collaboration with elite racers across Europe, Australia, and the USA, the tyre complies with the rigorous regulations set by the International Motorcycling Federation (FIM). Gustavo Pinto Teixeira, Head of Mitas Motorcycle Tyres,…

In a strategic move announced on Tuesday, Bridgestone is making a significant departure from the competitive Chinese commercial vehicle tyre market. Bridgestone (China) Investment, a subsidiary, is set to cease truck and bus tyre sales in the first half of this year, with Bridgestone (Shenyang) having already halted production in January. This decision is part…