Brussels – European Union leaders have been urged to take ‘urgent action’ to help the automotive sector in its decarbonisation transition while protecting its competitiveness.
Earnings margin fell from 14.4% reported in the third quarter of last year to 10.5% in fiscal year 2025, Ceat noted. “Rising raw material costs have impacted our margins, [but] we progressively passed ...
Colmar Berg, Luxembourg – Eleven people have been hospitalised due to a “large-scale fire” at Goodyear’s tire manufacturing plant in the Luxemborug town of Colmar Berg, according to the local fire ...
Nairobi – China’s Linglong Tire is planning to set up a factory in Kenya to serve the African market, according to Kenyan president William Samoei Ruto. In a 17 Jan social media post, the Kenyan ...
Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has begun practical testing of a technology that uses artificial intelligence (AI) to gauge air pressure of tires by tapping them.
Houston, Texas – Orion SA has launched 'discrete job cuts' to improve its rubber carbon black segment structurally, amid soft demand in Europe and North America. The Houston-based supplier noted weak ...
Cuenca, Ecuador – Continental Tire Andina SA is adjusting its working schedule at its manufacturing plant in Cuenca, due to low utilisation rates and slow market demand. Starting January, the facility ...
Nokia, Finland – Vianor Oy, the tire and car service arm of Nokian Tyres, has announced temporary and permanent lay-offs as well as service point closures to address declining demand.
According to the industry association, the automotive supplier industry announced a “record” 54,000 jobs cuts during the year. The cuts, noted CLEPA, will mostly be carried out in the next two to five ...
New Delhi – Epsilon Carbon has launched a new sustainable carbon black product line derived from end-of-life tires (ELTs). Developed over 24 months, Terrablack uses recovered carbon black (rCB) and ...
Cairo – Chinese major tire group China National Tire & Rubber Co. (CNRC) is exploring two major expansion projects in Egypt, according to the Egyptian government. The projects were discussed during a ...
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