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Apollo Tyres: Netherlands car tyre production down, but not out

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Passenger car tyre production and capacity at Apollo Tyres’ Gyöngyöshalász plant in Hungary has steadily grown over the past two years. These respectively reached 2.1 million and almost 3 million units a year by the end of March 2019, and Apollo is still ramping up in Hungary. It’s a different story in Enschede, some 700 miles to the west, but Apollo Tyres says it isn’t preparing to end car tyre production in the Netherlands any time soon.

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Related news:

  1. Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant
  2. Apollo Vredestein plant restructuring: Dutch politicians seek answers from European Commission
  3. Apollo Vredestein ‘scaling back’ European production
  4. Apollo Tyres: Stable sales in Europe, but profits further in the red
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Apollo Tyres introduces EnduMaxx brand in India

Apollo Tyres has introduced the Endumaxx brand of tyres for light trucks in India. The company described light truck radial demand as having “a potential of 112,000 tyres per month in India, and it is growing at a much faster pace than any other segment”.

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Related news:

  1. Apollo a Man U regional partner
  2. Apollo Tyres & research partner obtain ENR patent
  3. Apollo commemorates International Day for Conservation of Mangroves
  4. Lockdown stops tyre production in India
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Apollo partners Sachin Tendulkar and A R Rahman in new advert

Leveraging its association with the sporting legend, Sachin Tendulkar, Apollo Tyres has launched a corporate advertising campaign called: “Ganga: the River of People”. The campaign covers television, digital, print and cinema mediums. Indian musical director, composer, musician and singer, A R Rahman has specially composed and sung a song for this television commercial (TVC).

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Related news:

  1. Apollo Sets its Sights on Dunlop Zimbabwe
  2. Apollo: 30% Increase in Exports to Europe Planned
  3. Indian CV tyre radialisation may reach 40% in two years
  4. Apollo launches UK, India ad campaign
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Alberto Vigano on Vredestein’s new two-wheel range

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Riders in the UK and Europe will encounter a new brand of motorcycle tyre later this year, a brand with its sights set on the big players. Entering a hotly-contested market poses a sizable challenge, but the newcomer has several aces up its sleeve. Not only is it produced by a major tyre maker that is already established in Europe, anyone who’s ever shopped for car tyres will find the brand reassuringly familiar.

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Related news:

  1. Vredestein motorcycle tyre range coming in 2019
  2. Apollo Tyres showcasing motorcycle tyre at EICMA – European Vredestein range on its way
  3. Vredestein on two wheels – EICMA launch for new motorcycle range
  4. Vredestein points to strong summer tyre test showing
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Matos to lead Apollo Vredestein’s OE strategy in Europe

In addition to his existing remit as chief quality & business excellence officer, Pedro Matos has now taken on the added responsibility of leading Apollo Tyres’ original equipment strategy and sales for passenger car tyres in Europe.

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Related news:

  1. Vredestein motorcycle tyre range coming in 2019
  2. Apollo Vredestein plant restructuring: Dutch politicians seek answers from European Commission
  3. Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant
  4. Warburg Pincus investing £117 million in Apollo Tyres
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Apollo Tyres partners with Indian cricketing great

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Extending its sports sponsorship engagement beyond football, Apollo Tyres has entered into a five-year agreement with former Indian international cricketer and team captain Sachin Tendulkar. This is the first time an individual celebrity has served as Apollo brand ambassador.

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Related news:

  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Manchester United names Apollo official tyre in UK and India
  3. Aiming for market leadership: Apollo investing a further £610 million in India
  4. Apollo Tyres suspends production at four plants in India
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Apollo Tyres: Q2 2018-19 financials

Sales and profits were higher year-on-year during the second quarter of Apollo Tyres’ 2018-29 financial year. The company reports a 23 per cent rise in sales, to Rs 41.92 billion (£447.8 million) in the three months to 30 September 2019. Operating profit rose 25 per cent during the quarter, to Rs 4.80 billion (£51.5 million), while net profit was, at Rs 1.46 billion (£15.6 million), four per cent higher than a year earlier.

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Related news:

  1. Apollo profits up 64% in fiscal 2013-14
  2. Apollo Tyres: Net profit down 16.1% in last quarter
  3. Apollo Tyres: Margins under pressure in July-September quarter
  4. Apollo Tyres’ full-year earnings fall to 4.76 billion rupees
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Apollo Tyres: Onkar & Neeraj Kanwar take a pay cut

Following internal discussions and review of a commissioned report produced by Ernst & Young, the Nominations & Remuneration Committee (NRC) within the Board of Directors at Apollo Tyres Ltd. has recommended changes to the compensation packages Onkar and Neeraj Kanwar receive from the company.

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  1. Apollo Tyres lays foundation stone for 7th factory
  2. Apollo Tyres’ management takes coronavirus pay cut
  3. Apollo Tyres opens second Global R&D Centre
  4. Warburg Pincus investing £117 million in Apollo Tyres
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Apollo Tyres’ Onkar Kanwar receives Japanese Imperial honour

In its 2018 Autumn Imperial Decorations, the Government of Japan has conferred upon Onkar S Kanwar the Order of the Rising Sun, Gold and Silver Star. The chairman of Apollo Tyres Ltd. received this recognition for his contributions towards strengthening the economic relations between Japan and India, and for promoting Japanese company’s entry into the Indian market.

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Related news:

  1. Apollo’s Onkar Kanwar receives Hungary’s ‘Order of Merit’
  2. Warburg Pincus investing £117 million in Apollo Tyres
  3. Apollo Tyres’ management takes coronavirus pay cut
  4. Apollo Tyres looking for ‘healthy topline growth’ after 22% sales increase in FY 2017-18
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Apollo Tyres showcasing motorcycle tyre at EICMA – European Vredestein range on its way

Apollo Tyres will present its new radial motorcycle tyre at the EICMA show in Milan, which opens to the public tomorrow. Although the Apollo Alpha-H1 is currently only available in India, it is nevertheless of interest to us as Apollo Tyres confirms that “preparations are now underway to further develop and tune the technology for Europe.” Furthermore, the introduction of two-wheeler tyres in Europe will be facilitated by new development and test facilities within the region.

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Related news:

  1. Vredestein motorcycle tyre range coming in 2019
  2. Alberto Vigano on Vredestein’s new two-wheel range
  3. Vredestein on two wheels – EICMA launch for new motorcycle range
  4. 19 finalists chosen for 2015 AutoBild winter tyre test
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Apollo’s Onkar Kanwar receives Hungary’s ‘Order of Merit’

Hungary has bestowed the Officers Cross (Civilian Division) of the ‘Order of Merit’ upon Onkar S Kanwar, chairman of Apollo Tyres Ltd. This award was conferred in recognition of Kanwar’s work towards strengthening Hungarian-Indian economic relations through the company’s investment in Hungary.

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Related news:

  1. Apollo Tyres’ Onkar Kanwar receives Japanese Imperial honour
  2. Warburg Pincus investing £117 million in Apollo Tyres
  3. Apollo Tyres’ management takes coronavirus pay cut
  4. Apollo Tyres opens €475 million greenfield Hungarian plant
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Benoit Rivallant named Apollo Tyres’ European president

A promotion for Benoit Rivallant. After serving as group head of global product management for commercial vehicles and OTR tyres at Apollo Tyres since August 2014, Rivallant has been tapped to succeed Mathias Heimann as president of Apollo Tyres’ European Operations.

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Related news:

  1. Apollo’s acquisition of reifen.com a ‘sound strategic extension of the value chain’
  2. Apollo Tyres opens €475 million greenfield Hungarian plant
  3. 750 jobs to go at Apollo Vredestein’s Netherlands plant
  4. Matos to lead Apollo Vredestein’s OE strategy in Europe
/by

First truck tyres shipped from Apollo Tyres’ Hungary plant

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Production of truck tyres for the European market has commenced at the Apollo Tyres plant in Gyöngyöshalász, Hungary. The tyre maker shares that the first examples of these tyres, Apollo EnduRace RT HD trailer tyres in size 385/65 R22.5, have been shipped to a transport company in Belgium. British customers will receive their Apollo tyres through Treadsetters, who earlier this year was chosen to sell and distribute the Apollo truck and bus tyre range across England, Scotland and Wales.

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Related news:

  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant
  3. Apollo Vredestein plant restructuring: Dutch politicians seek answers from European Commission
  4. Apollo Tyres restarting production in Hungary & India
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Apollo Tyres expands winter range with Aspire XP Winter

With the introduction of a new winter tyre, Apollo Tyres now offers some 60 winter products. The latest addition to the tyre maker’s cold weather portfolio is the Apollo Aspire XP Winter, which is being rolled out in 23 sizes to cover most popular fitments.

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Related news:

  1. 19 finalists chosen for 2015 AutoBild winter tyre test
  2. 3 tyres rated ‘exemplary’ in Auto Bild’s winter tyre test
  3. Auto Bild Allrad: ‘top-class’ performance from Apollo in winter tyre test
  4. Apollo Tyres building UK dealer network at ‘iconic venue’ events
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Aiming for market leadership: Apollo investing a further £610 million in India

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With the ramp-up of its plant in Hungary, Apollo Tyres Ltd. is growing in Europe. The company also has ambitious plans in its home market of India – it aims to become the country’s leading tyre maker, and is investing to do so. Total investments over the period between 2015 and 2021 approach £900 million.

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Related news:

  1. Apollo Tyres: Netherlands car tyre production down, but not out
  2. India’s competition authority approves Warburg Pincus’ investment in Apollo Tyres
  3. Apollo Tyres opens €475 million greenfield Hungarian plant
  4. Apollo aims for leadership in Indian two-wheel tyre market, Europe next
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