Page 3 - Tyres

JK Tyre to spend Rs 200 crore in next two years to enhance production

The firm reduced net debt by Rs 929 crore in FY21

Apollo launches new range of tyres for compact SUV segment

Apollo Tyres on Tuesday said it has launched a new range of tyres for the fast growing compact SUV segment. The company said it has launched Apterra Cross tyres in the country after two years of extensive testing and tuning. This is the first dedicated range of tyres that caters to the compact SUV segment, the hottest selling segment of the decade, in the Indian automotive industry, Apollo Tyres said in a statement. As per industry estimate, the CSUV (Compact SUV) tyre market in the country is pegged around four lakh tyres per month, and is soon expected to double. "The rise of the compact SUV segment, priced affordably, has reinvigorated the dream of owning an SUV in the Indian market, and we being the segment creators in the tyre space, are looking at leveraging on this opportunity with a dedicated range of tyres for this growing segment," Apollo Tyres President, Asia Pacific, Middle East & Africa (APMEA) Satish Sharma said. The company has the first mover advantage with Apollo

French tyre major Michelin to hike prices in India by 8% from March

The move is in order to offset the impact of rise in input costs

Continental launches new range of passenger vehicle tyres in India

Technology firm Continental on Tuesday said it has launched a new range of tyres for passenger vehicles in India.

Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street

Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them

Covid-19: Tyre companies face rising inventories, plan production cuts

The lifting of tyre stock from factories and transporting the same to auto manufacturers came to a grinding halt after the government announced a 21-day nationwide lockdown

MTPL to set up off-highway tyre facility in Gujarat, invest $107 million

World Bank's investment arm IFC to back the project through loan and equity investment

Bridgestone to merge India ops with Europe, West Asia, Africa unit in FY20

The move is aimed at unlocking untapped potential in both India and EMEA, the company said in a release

Apollo Tyres collaborates with GARC to establish test track in Tamil Nadu

Apollo Tyres has provided the technical expertise to get the track ready for testing wet grip of tyres, as per the standard specifications

Bridgestone develops bicycle tyres without punctures

The company has created bicycle tyres that do not need to be inflated with air

Ceat plans Rs 2,800 cr investment to raise tyre production

With this, it aims to raise capacity by 1 mn tyres per annum for truck bus radials, 17 mn tyres per annum for 2-wheelers and 6 mn tyres per annum for passenger car radials

Apollo Tyres to invest Rs 525 cr for setting up production plant in AP

The new facility will produce tyres for two-wheelers and pick-up vehicles

Apollo Tyres opens global R&D near Chennai

The R&D centre will service the product development needs for the entire Asia Pacific, Middle East & Africa region

Ceat launches 'Puncture Safe' tyres for two wheelers

The company will roll out the new range of tyres, currently available only in Andhra Pradesh and Telangana, in the other markets in a phased manner

Tyre firms gain speed on low rubber prices

Price stability in rubber and crude, higher auto sales to boost sector; tyre imports from China pose threat

Govt probes dumping of Chinese tyres

India has imposed anti-dumping duty on several products, to tackle cheap imports from some countries, including China

Chinese dumping takes toll on Indian tyre makers

With the import of truck and bus radials shooting up 64% in FY16, the bulk of the Rs 35,000-cr new investments by Indian tyre makers are under stress