Cooper Tire reports good earnings in Q3 2017

Cooper Tire & Rubber Company has reported a net income of $62 million in Q3 2017 from $49 million reported in the same period last year. Consolidated unit volume decreased by two per cent compared to the prior year, with strong growth in the International segment...

Apollo Tyres raises INR 15 billion via QIP

Indian tyre-maker Apollo Tyres has raised INR 15 billion via Qualified Institutional Placements (QIP). The Committee of Directors (Funds Raising) of Apollo Tyres has declared the closure of its equity share issuance to Qualified Institutional Buyers (QIB) to raise...

Yokohama to participate in Tokyo Motor Show 2017

The Yokohama Rubber Company will participate in the 45th Tokyo Motor Show 2017, to be held at Tokyo Big Sight from October 25 through November 5. Commemorating the 100th anniversary of its founding in October, Yokohama Rubber will use this year’s Tokyo Motor Show to...

IMPROPER TYRE CARE KILLS

By Adam Gosling: Ignoring tyres will have catastrophic consequences. Maintaining proper tyre pressures is a simple means to ensuring personal and personnel safety with manifold positive economic returns Acknowledgement: After my discussion on tyre education in the...