![New Accelera drifting tyre launched](https://www.tyrepress.com/wp-content/uploads/2023/08/Accelera-651.jpg)
New Accelera drifting tyre launched
Indonesian tyre manufacturer, Elang Perdana (EP Tyres) has released the 651 Pro under its Accelera brand.
Continue Reading![Blatco and Kingdom Tyres’s Saudi Arabia tyre factories progress](https://www.tyrepress.com/wp-content/uploads/2023/08/RCJY.jpg)
Blatco and Kingdom Tyres’s Saudi Arabia tyre factories progress
Plans for two Saudi Arabia tyre factory projects were announced during 2022. In January 2022, Black Arrow Tire Company (Blatco) agreed to a tyre factory construction joint venture with Kumho. By June 2022, Kingdom Tyres, which describes itself as Saudi’s largest tyre producer, signed a provisional investment agreement with the Royal Commission for Jubail & Yanbu. Here Tyres & Accessories considers the latest developments with both projects and asks if the market is big enough for both factories?
Continue Reading![Government mandates and infrastructure investments to fuel EV growth globally – GlobalData](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
Government mandates and infrastructure investments to fuel EV growth globally – GlobalData
The electric vehicle (EV) sector registered exponential growth during the last decade due to depleting fossil fuel reserves and growing awareness about the impact of global warming. As EVs are a viable option to replace internal combustion engine (ICE) vehicles, EV sales increased substantially in several countries despite the automotive industry facing supply chain constraints in 2020 due to the COVID-19 pandemic. Global EV sales reached 7.7 million units in 2022, up from 1.4 million units in 2018, and are anticipated to reach 51.6 million units in 2035, driven by government mandates and infrastructure investments, according to data and analytics company GlobalData.
Continue Reading![Bridgestone breaks ground on $550 million truck tyre project](https://www.tyrepress.com/wp-content/uploads/2023/08/warren-expansion-groundbreaking2-sml.jpg)
Bridgestone breaks ground on $550 million truck tyre project
On Wednesday, Bridgestone Americas held a groundbreaking ceremony for the expansion of one of its truck and bus tyre plants in the USA. An investment of US$550 million will increase the footprint of the Warren County, Tennessee factory by 850,000 square feet (79,000 square metres) and lift production capacity while adding 380 jobs to the plant’s workforce. Bridgestone will also equip the plant for producing tyres featuring Enliten technology.
Continue Reading![ADAS testing market is expected to hit $202.7 billion by 2033](https://www.tyrepress.com/wp-content/uploads/2023/08/ai-generated-7966661_1920.jpg)
ADAS testing market is expected to hit $202.7 billion by 2033
The global advanced driver assistance system (ADAS) testing equipment market is projected to attain a valuation of US$56.4 billion in 2023 and is expected to accumulate over $202.7 billion by 2033, trailing a compound annual growth rate (CAGR) of 13.6 per cent from 2023 to 2033.
Continue ReadingAnyline names Petra Preining as board chair
Anyline has appointed Petra Preining as its first chairperson of the board. Petra Preining will lead the board and ensure as an independent chairperson that Anyline pursues and builds on its strong, future-proof strategy to continue to grow the company.
Continue Reading![Davanti Tyres exhibiting at CITExpo 2023](https://www.tyrepress.com/wp-content/uploads/2023/08/DAVANTI-@-CITIEXPO-2023-R2_Page_5-scaled.jpg)
Davanti Tyres exhibiting at CITExpo 2023
Davanti Tyres is returning to CITExpo in Shanghai, China, exhibiting at the 2023 show. After a short break due to the Covid-19 pandemic, Davanti will showcase 17 products covering all seasons during the event which takes place 4-6 September. And what’s more, the CITExpo line-up includes previews of a number of new products.
Continue Reading![Danish authority ends NDI acquisition case as Euromaster prepares to leave](https://www.tyrepress.com/wp-content/uploads/2023/08/Euromaster-Danmark.png)
Danish authority ends NDI acquisition case as Euromaster prepares to leave
The Danish Competition and Consumer Authority has suspended its investigation into the planned NDI Group acquisition of Euromaster Danmark. Following the collapse of the two companies’ planned merger, the Euromaster Group announced that it will “not continue its activities in Demark” after the end of 2023.
Continue Reading![Groupe Touchette acquires Fastco Canada](https://www.tyrepress.com/wp-content/uploads/2023/08/Group_Touchette_Groupe_Touchette_Inc__acquires_Fastco_Canada__al.jpg)
Groupe Touchette acquires Fastco Canada
Canada’s largest locally owned tyre distributor has acquired the country’s largest manufacturer and distributor of alloy and steel wheels and accessories. With its purchase of Fastco Canada, Groupe Touchette Inc., views itself as positioned to “significantly expand” its service offering and is confident the transaction will provide Fastco Canada with “greater access to new markets.” The tyre wholesaler also speaks of “strong synergies in product offering.”
Continue Reading![Import glut ripples across European truck tyre market](https://www.tyrepress.com/wp-content/uploads/2023/08/highway-3392100_1920.jpg)
Import glut ripples across European truck tyre market
The ups and downs of European retreading continued last year. According to current figures from the European Tire & Rubber Manufacturers Association (ETRMA), the association members retreaded and marketed a total of 4.298 million truck tyres in Europe (excluding Turkey) in 2022. This corresponds to a decline of at least 6.2 per cent compared to the previous year, but is still 4.9 per cent above the figures for the previous year. However, since the new tyre business of the ETRMA members was largely stable (down 0.5 per cent), the importance of retreaded truck tyres fell again significantly compared to the new tyre market and was only 37.2 per cent at the end of last year. The associations figures also show something else very clearly: the EU tariff effect, which had reduced imports of truck tyres (by non-ETRMA members) for a number of years, has now completely fizzled out.
Continue Reading![Petlas showing new winter tyres at IAA Mobility 2023](https://www.tyrepress.com/wp-content/uploads/2023/08/SnowMaster-2_SnowMaster2-Sport-e1692089813663.jpg)
Petlas showing new winter tyres at IAA Mobility 2023
Petlas is exhibiting its new winter tyres at IAA Mobility 2023. The IAA Mobility fair, which runs from 5th to 10th September in Munich, will speaking see Petlas showcases its collection of passenger car radial (PCR) tyres to attendees.
Continue Reading![Vipal Rubber supplying OE tyres to Brazil-made Honda motorcycles](https://www.tyrepress.com/wp-content/uploads/2023/08/Foto-Divulgacao_VipalHonda-098-scaled-e1692090192890.jpg)
Vipal Rubber supplying OE tyres to Brazil-made Honda motorcycles
Vipal will supply tyres directly for the production of Honda motorcycles in Brazil. The Honda CG 160 Fan will be the first model to come out with Vipal tyres as original equipment (OE). The motorbike will specifically be fitted with Street ST600 80/100-18 (front) and Street ST600 90/90-18 (rear) tyres. Both are tubeless designs.
Continue Reading![Goodyear lights up ahead of anniversary](https://www.tyrepress.com/wp-content/uploads/2023/08/GoodyearSign2023-10-sml.jpg)
Goodyear lights up ahead of anniversary
Darkness descended upon The Goodyear Tire & Rubber Company’s former headquarters almost a decade ago. At any rate the illuminated sign atop the building ceased functioning, and this is something that Goodyear and a partner have rectified in the runup to the tyre maker’s 125 anniversary.
Continue Reading![New Yokohama Europe tyre factory could be built alongside a Yokohama TWS plant](https://www.tyrepress.com/wp-content/uploads/2023/08/IMG_9575-scaled-e1692017612257.jpg)
New Yokohama Europe tyre factory could be built alongside a Yokohama TWS plant
Roughly a year ago, then relatively-newly appointed Yokohama Europe president Gregorio Borgo, told us that the company has plans to invest in a factory “at the heart of Europe”. 12 months on, Tyres & Accessories once again spoke with Gregorio Borgo as well as Yokohama Europe chairman Hiroyuki Shiori in order to find out how the company’s growth and its interconnected factory plans have been progressing.
Continue Reading![Icelandic coach company reports safety and savings due to Wheely-Safe](https://www.tyrepress.com/wp-content/uploads/2023/08/123-01-Wheely-Safe-GTS-scaled.jpg)
Icelandic coach company reports safety and savings due to Wheely-Safe
GTS, an Icelandic coach company and tour operator, reports that it has improved the safety of its operation and made significant financial savings since fitting its vehicles with Wheely-Safe technology.
Continue Reading