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Eden Tyres opens West Bridgford flagship branch
27th May 2025In mid-May, Eden Tyres & Servicing opened its “flagship” Castrol service garage in West Bridgford. Located on Wilford Industrial Estate, this spacious centre is described as a “modern garage offer[ing] a wide range of services including tyres, MOT, car servicing and repairs” and “a perfect alternative to expensive main dealerships…”.
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BKT entering car/truck segments under new 5-year plan
26th May 2025For almost 40 years BKT has specialised in the off-highway tyre segment, but the firm now has its sights on India’s car and truck/bus tyre markets. The company outlined this aim in a new five-year strategic plan that targets annual revenue of Rs 230 billion (£1.99 billion / US$2.7 billion) by 2030.
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Continued Pirelli and Sinochem governance contention could end in an ultimatum
During the last week it emerged that the ongoing governance tensions between Pirelli and its major shareholders Camfin (controlled by Marco Tronchetti Provera) and Marco Polo International (which is controlled by Chinese petrochemical major, Sinochem) remain. On 14 May 2025, Camfin released a note supporting Pirelli’s “strategies” as published in the Italian tyremaker’s first quarter 2025 financial results. The context is Pirelli’s announcement that Sinochem’s control of Pirelli e
Continue ReadingBKT entering car/truck segments under new 5-year plan
For almost 40 years BKT has specialised in the off-highway tyre segment, but the firm now has its sights on India’s car and truck/bus tyre markets. The company outlined this aim in a new five-year strategic plan that targets annual revenue of Rs 230 billion (£1.99 billion / US$2.7 billion) by 2030.
Continue ReadingGoodyear sells chemical business for $650 million
Following the sale of its rights to the Dunlop brand to Sumitomo; and the sale of Goodyear OTR to Yokohama, The Goodyear Tire & Rubber Company has signed a definitive agreement to sell the majority of its Goodyear Chemical business to Gemspring Capital Management, LLC. By doing so, Goodyear has completed the three-part sale of its non-core assets identified in its Goodyear Forward transformation plan. And by raising $650 million for the sale of the chemical business, combined with $905 million f
Continue ReadingSafety and sustainability: How Nokian Tyres is going to differentiate from premium competitors
Here, as promised at the end of April, is our in-depth interview with Nokian Tyres CEO, Paolo Pompei. Our wide-ranging discussion covered topics including: sustainability, manufacturing and more... But the first question was: With the first quarter of 2025 under your belt, what is your experience of transitioning to the leadership of Nokian Tyres?
Continue ReadingMichelin CrossClimate 3 range targets fresh, high-performance redefinition of all-season tyres
When Michelin launched its CrossClimate series, the French tyre manufacturer wanted to redefine what a product for year-round driving could be – a “summer tyre with winter capabilities” rather than a compromise promoting the convenience of a year-round fitment. With the launch of the third generation of CrossClimate tyres, Michelin wants to take this further, adding a variation that explicitly targets drivers of performance vehicles, and suggesting that “sporty driving no longer has a se
Continue ReadingContinued Pirelli and Sinochem governance contention could end in an ultimatum
During the last week it emerged that the ongoing governance tensions between Pirelli and its major shareholders Camfin (controlled by Marco Tronchetti Provera) and Marco Polo International (which is controlled by Chinese petrochemical major, Sinochem) remain. On 14 May 2025, Camfin released a note supporting Pirelli’s “strategies” as published in the Italian tyremaker’s first quarter 2025 financial results. The context is Pirelli’s announcement that Sinochem’s control of Pirelli e
Continue ReadingBKT entering car/truck segments under new 5-year plan
For almost 40 years BKT has specialised in the off-highway tyre segment, but the firm now has its sights on India’s car and truck/bus tyre markets. The company outlined this aim in a new five-year strategic plan that targets annual revenue of Rs 230 billion (£1.99 billion / US$2.7 billion) by 2030.
Continue Reading