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Worrying times – SMMT reports 12th consecutive month of falling UK car production
28th March 2025UK car and commercial vehicle production declined -11.6% in February, to 82,178 units, according to figures released by the SMMT. Local plants turned out 10,787 fewer cars, vans, trucks, taxis, buses and coaches than in February 2024, with multiple factors at play, notably soft markets at home and overseas, model changeovers and plant restructuring.
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Shanghai Stock Exchange suspends trading in Jiangsu General shares
28th March 2025On 27 March, trading in shares of tyre manufacturer Jiangsu General was suspended by the Shanghai Stock Exchange. The suspension was scheduled to last no more than two trading days. Specifically, Jiangsu General received a notice from its controlling shareholder, HOdo Group, on March 26: “HOdo Group is planning to transfer shares of Jiangsu General it holds, which may lead to a change in the company’s control”.
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Michelin relocates UK headquarters to Keele University Science and Innovation Park
Michelin is relocating its UK headquarters, comprising its UK commerce and group services teams. The world’s largest tyre manufacturer is exiting its Riverside complex on Campbell Road in Stoke-on-Trent this month, with employees accommodated on Keele University’s award-winning Science and Innovation Park, around five miles to the west. The move sees the manufacturer take up residence in specially converted offices on a 600-acre park currently containing more than 50 companies ranging from m
Continue ReadingPirelli board calls for Sinochem to reduce stake due to Trump trade war fears
The board of Pirelli is calling on Sinochem, its largest shareholder, to reduce its stake in light of recent tariff announcements from President Trump. In short, the board is concerned that Trump’s unease about Chinese ownership of American assets as well as the impact of tariffs will hamper Pirelli’s growth plans. Indeed, according to various news reports including those published in Financial Times and by Reuters suggest Pirelli’s management will “demand the Chinese investor immediatel
Continue ReadingHow the electrification of SUVs is being reflected in the tyre market
In recent years, the SUV tyre market has evolved significantly, reflecting growing consumer demand for versatility, performance, and sustainability across diverse driving conditions. Professionals in the automotive and tyre industries can’t miss the surge in popularity of all-season and all-terrain tyres, such as the highly praised Michelin CrossClimate 2 (which was, of course, WhatTyre’s all-season SUV Tyre of the Year 2023). Larger tyre sizes, like 19-inch variants, are also trending, offe
Continue ReadingDouble today’s footprint: Hoosier expands into EMEA motorsport tyre markets
For many, the justification for investment into motorsports is the potential race-track-to-the-road transmission of both technology to consumer car tyres as well as overall brand awareness. Not so with Hoosier, which became part of the Continental Group back in 2016. For Hoosier, the brand’s single-minded focus on motorsports irrespective of the fact that they have no pure road going tyres is a strength. As company executives put it, Hoosier is the only brand that is all-in on motorsports. A
Continue ReadingPrometeon C02 Coach enhances efficiency, electric applicability
Prometeon Tyre Group has previewed the latest product to enter its range, a next-generation coach tyre engineered for increased passenger transport efficiency and electric and hybrid vehicle applications. The C02 Coach line, which will be presented in 315/80R22.5 and 295/80R22.5 multiaxle fitments and a 295/80 drive version, will be available by the second half of 2025, the company states. Prometeon describes the C02 Coach range as “a significant development in commercial vehicle tyres as the
Continue ReadingMichelin relocates UK headquarters to Keele University Science and Innovation Park
Michelin is relocating its UK headquarters, comprising its UK commerce and group services teams. The world’s largest tyre manufacturer is exiting its Riverside complex on Campbell Road in Stoke-on-Trent this month, with employees accommodated on Keele University’s award-winning Science and Innovation Park, around five miles to the west. The move sees the manufacturer take up residence in specially converted offices on a 600-acre park currently containing more than 50 companies ranging from m
Continue ReadingPirelli board calls for Sinochem to reduce stake due to Trump trade war fears
The board of Pirelli is calling on Sinochem, its largest shareholder, to reduce its stake in light of recent tariff announcements from President Trump. In short, the board is concerned that Trump’s unease about Chinese ownership of American assets as well as the impact of tariffs will hamper Pirelli’s growth plans. Indeed, according to various news reports including those published in Financial Times and by Reuters suggest Pirelli’s management will “demand the Chinese investor immediatel
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