JK Tyre’s Q1 profit down

JK Tyre has announced a consolidated net profit of Rs16.12 crore in the April-June 19 period compared to RsRs64.24 crore in the same period of last fiscal. However, revenues grew by 6% to Rs2581 crore in Q1FY19-20 against Rs2446 in inQ1FY18-19. Dr. Raghupati...

Tyre labelling more legislation, on safety improvement

By John Stone It is disappointing to see that the main concern of the tyre retailers in Europe ‘still’ is to sell tyres at the highest price possible without bothering to explain the merits of tyre labels Over the past seven years since tyre labelling legislation was...

Tyre production eyes to the east

By Peter R Taylor Europe has been witnessing a seismic shift in tyre production with a huge relocation of capacity from the West to the East, especially in car tyres. The reasons: Rising car owner-ship in Eastern Europe, lower wages, generous investment grants etc....

Indian Tyre makers in for capacity expansion

By Sharad P Matade With stable demand outlook and strong credit profile, the domestic tyre makers are expected to make significant investments in capacity addition in the coming years. With a stable growth in original equipment (OE) and a sharp recovery in demand for...

Airbus to move on Goodyear tyres

Goodyear Tire has been ‘conditionally’ selected as a supplier by Airbus to provide its flight radial tyres as main and nose landing gear for Airbus’ new A321XLR aircraft. The Flight Radial, one of Goodyear’s most advanced aviation products, incorporates Goodyear...