Latest News

AirBoss sees lower profit for first quarter
Added: 19 May 2020
Company anticipates further Covid impact on its results as customers suspended operations in late M…

US trade commission to rule on import duty petition by end of June
Added: 19 May 2020
Move targets passenger car and light truck tires from Thailand, South Korea, Vietnam and Taiwan
…
Slow demand weighs on Hankook sales, profits
Added: 19 May 2020
South Korean group reports growth in sales of high-inch tires in major markets

EU new car sales fall 76% in April
Added: 19 May 2020
Market registers sharpest monthly decline in demand since records began

German rubber industry poised for double-digit decline
Added: 18 May 2020
WDK had previously predicted 'zero growth' for the industry in 2020

Smithers: Tire market poised for growth
Added: 18 May 2020
Prediction takes into account disruptions caused by the ongoing coronavirus pandemic

Sibur reports decline in first quarter elastomer sales
Added: 18 May 2020
Volumes fall due to divestment of group's rubber assets in western Russia

Swiss tire recycling firm TRS signs MoU on joint China project
Added: 18 May 2020
New facility to be located in Zaozhuang, where Chinese partner Star Smith is headquartered

Toyo withdraws 2020 financial outlook
Added: 18 May 2020
Company unable to make “informed forecasts” of its business results due to Covid-19

Zeon's elastomers unit reports 45% decline in profitability
Added: 18 May 2020
Materials supplier links weak performance to slow demand from automotive sector

Pirelli to resume production in UK shortly
Added: 15 May 2020
Initial production will be at a reduced rate, reflecting current market demand

Goodyear to issue senior notes to raise $600m
Added: 15 May 2020
Tire maker plans to use the proceeds from the offering for general corporate purposes

Cabot braces for ‘severe Covid impact’
Added: 15 May 2020
Company expects Asia Pacific volumes to be weak as most tire production is export related

Automotive suppliers increasingly worried about recovery
Added: 15 May 2020
Survey finds concerns over low utilisation rates and higher fixed costs post-Covid

US union pushes for additional antidumping, countervailing duties
Added: 14 May 2020
Petition targets passenger car and light truck tires from South Korea, Taiwan, Thailand and Vietnam…

Cooper Tire to restart UK plant mid-June
Added: 14 May 2020
Facility, which primarily manufactures motorcycle and racing tires, has been closed since late Marc…

Bridgestone names new chief operating officer
Added: 14 May 2020
Higashi is currently the vice chair of the group and chief solution officer for strategy, finance a…

Pirelli sales, profitability fall amid Covid crisis
Added: 14 May 2020
Tire maker says cost-cutting programmes delivered €33m savings over the first quarter

European Parliament votes for new tire labelling regulation
Added: 14 May 2020
ETRMA calls for development of tire database ahead of the final adoption of revised legislation

ETRMA voices support for ‘green’ Covid recovery
Added: 13 May 2020
Tire & rubber industry group calls for regulatory framework that supports sustainable practices