Vikram Garga has announced his resignation as Group Head, Marketing for Apollo Tyres Ltd.’s Asia Pacific, Middle East & Africa (APMEA) region. Garga cites “personal reasons” as the motivation behind his decision to leave the company. His resignation takes effect from the close of business hours on 31 March 2024.
Apollo Tyres has officially launched its new Vredestein Ultrac Pro ultra-ultra-high-performance (UUHP) tyre. Available in 18- to 24-inch rim diameters, the tyre caters to a wide range of high-performance vehicles. As evidence of the Ultrac Pro’s performance credentials the tyre maker points to independent testing conducted by Applus+ IDIADA, and aesthetics come courtesy of Apollo Tyres’ collaboration with Italdesign, a partnership that celebrates its 25th anniversary this year.
Apollo Tyres has appointed Olivier Pataud as country sales manager for France. He succeeds Francois Hien, who becomes the company’s new “head of customer experience projects” operating across all of the company’s product groups in France. Pataud joined Apollo Tyres last year as a key account manager for the Passenger Car Tyre division.
The BMW Group has selected Vredestein Ultrac summer tyres as original equipment for its BMW X2 and 5 Series models. It is also extending an existing supply agreement for the BMW X1 to encompass an additional Ultrac size option.
We almost spilled our pints upon reading comments Neeraj Kanwar allegedly made about British workers. In news now reported by numerous media sites, Daily Mail associate city editor John-Paul Ford Rojas quotes the vice-chairman and managing director of Apollo Tyres Ltd. as opining that employees in the UK “hardly work,” preferring instead to “go to the pub.” Kanwar concedes that these comments were just a “quip” – but he’s unlikely to consider the UK for a future tyre plant.
The upper end of the agricultural tyre market is keenly contested, pressure from below is strong, and manufacturers must walk a tightrope between covering the cost of R&D investments and finding competitive price points. The Vredestein strategy is to split production between two locations, a practice that enables the brand to offer high end solutions while also catering to farmers and contractors who prioritise affordability.
Apollo Tyres is celebrating the achievement of its latest Vredestien Quatrac all-season tyre, after the product secured second place in the 2023 Auto Express All Season Tyre Test. Developed for mid-sized family cars and SUVs, the Quatrac was given a ’Recommended’ rating alongside the winning Goodyear Vector 4Seasons Gen-3, having proved its all-round performance in all conditions – it was top in braking on snow and in the wet, while it only dropped one place in the dry braking test, emphasising its safety credentials. Overall, it was just 0.1 per cent behind the winner. The Quatrac could also be called a value champion, acquired for a price around 20 per cent cheaper than the winning tyre.
Apollo Tyres has opened a new European distribution centre at the VGP Park in Győr, Hungary. The new site, which includes a 24,000m2 warehouse and an additional 600m2 of office space, reportedly has easy access to Apollo Tyres’ Gyöngyöshalász factory and will serve as a hub to transport tyres across Europe.
Independent German test institute DLG has approved the soil preservation and fuel saving characteristics of Apollo Tyres’ new Vredestein VF Flotation Optimall tyre in size VF 750/60R30.5. During the field tests, the Vredestein VF Flotation Optimall achieved a ground pressure that was 25 per cent lower than the other VF competitor tyres tested. It also featured the largest contact surface in its class. Compared to the budget VF tyres in the test, the Vredestein tyre achieved no less than 50 per cent less soil pressure.
Apollo Tyres has signed a new tyre distribution deal with leading logistics provider Ceva Logistics in France. Apollo began integrating Ceva Logistics into its supply chain in May, since which it says it has cut average lead times to under four days. Apollo adds that the partnership has improved the overall ordering and delivery experience for customers. Ceva Logistics focuses on fulfilling orders of between six and 40 tyres from Apollo Tyres’ warehousing facilities in Enschede, the Netherlands. Larger Apollo orders will continue to be fulfilled by an existing, well-proven partner that typically collects from Apollo Tyres’ factory in Hungary.
Apollo Tyres will showcase its new EnduRace RA 2 and EnduMile LHT tyres at France’s leading heavy and light commercial vehicle show, Solutrans (Lyon, 21-25 November; Stand 119, Hall 3C). Apollo will also exhibit its popular EnduRace RT 2 truck trailer tyre range, which has recently been expanded with the introduction of a 385/55 size option.
Apollo Tyres will launch Vredestein’s new Ultrac Pro ultra-high performance summer car tyre in spring 2024. The manufacturer said the tyre will target both “advanced handling capabilities and superior driving comfort” at what it calls an “accessible price”. The development tyre is currently in its final phase of real-world testing. The manufacturer will bring the tyre to market in a wide range of 18-24” sizes, compatible with a broad spectrum of sportscars, supercars and high-performance saloons, hatchbacks and SUVs. The Ultrac Pro is Vredestein’s first all-new UHP summer tyre since the Ultrac Vorti in 2012.
The Board of Directors at Apollo Tyres has approved the company’s unaudited financial results for July to September 2023 (Q2 2023-24). These show revenue of Rs 62.80 billion (£612.78 million) in revenue in the quarter ending 30 September, a 5.4 per cent year-on-year increase. Apollo Tyres shares that revenue growth was especially positive in its Indian Operations business.
Apollo Tyres has agreed a distribution deal with GEFCO to supply tyres to customers in France. According to the company, Apollo Tyres began integrating GEFCO into its supply chain in May. Since then, the partnership has reportedly cut average lead times to under four days and improved the overall ordering and delivery experience for customers.
Apollo Tyres will partially rebuild its primary tyre warehouse in Enschede, the Netherlands to “improve operational efficiency and reduce its environmental impact”. Scheduled to reopen in February 2025, investment in the 25,000 m2 warehouse is said to reflect Apollo Tyres’ “long-term commitment to production in the Netherlands”.
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