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Ikon Tyres sees export potential in Asia, Latin America

Prior to 2022, a factory in Vsevolozhsk, Russia produced around 80 per cent of Nokian Tyres’ passenger vehicle tyres, and many of these were sold throughout Europe. Times have changed and so has ownership of the Vsevolozhsk plant. New parent company Tatneft operates the business as Ikon Tyres and is seeking new markets to replace the sanctions-barred EU. According to automotive website Kolesa.ru, Ikon Tyres may have its sights on customers further afield.

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GRI expands agricultural & construction tyre ranges

Eight further sizes have joined the GRI agricultural and construction tyre portfolios, with new dimensions available in the Green XLR Earth 70, Green XLR 85 and Green XLR 70 tractor radial and XPT+ Skid Steer construction ranges.

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30 new GitiSynergy H2 sizes

Following on from a solid performance the 185/65 R15 tyre test recently performed by European motoring associations ADAC, ÖAMTC and TCS, Giti Tire has expanded the GitiSynergyH2 range with the addition of a further 30 sizes. The GitiSynergyH2 is now available in 46 passenger car, CUV and compact SUV sizes. The new size range covers 14- to 18-inch rim diameters, section widths from 165-235, series sizes from 50-70 and speed indices across T, H, V, W and Y.

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Growth in upper UHP tyre sizes continues

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Goodyear

The latest GfK data based on its tyre retail sell-out sources – what it refers to as its panelmarket – shows that UHP tyre sizes, especially above 17″, continued to represent a growing market in 2019. The analyst compared UHP tyres, here defined as 17” and above, in the period from January 2018 to December 2018 with January 2019 to December 2019. The first column shows that 17” takes a share of the total tyre market of just over one-fifth (21 per cent). 17” has been a popular size for many years, benefitting from the transition of more compact cars onto higher rim sizes. However, growth in 17” dimensions has now plateaued, with this figure representing no change on the previous year’s data.

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Related news:

  1. Growth in every size segment from 17” up, but rapidly slowing
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UHP segment where ‘the vast majority of the action takes place’ – GfK

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The observation that trends regarding tyre size and speed rating have been tracing an upward trajectory for some time is nothing new, but the clear focus of the world’s largest tyre manufacturers on higher than high performance segments in Europe has perhaps never been so pronounced. Chasing improved profit margins with increased technology is always attractive to those with the capability and the incongruously strong luxury car market has provided an additional reason for migrating business focus from V-rated and 17” tyres into WYZ and 18”-plus territory, according to Automotive market research company GfK.

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