PCL Joins TyreSafe
Pneumatics Components Ltd. has pledged support for campaign group TyreSafe as part of its drive to promote tyre safety amongst consumers.
PCL-Sumo Appoints New CEO
PCL’s Indian joint venture (PCL-Sumo) has announced the appointment of Uday Bhaskar as its new Chief Executive Officer.
Micheldever Refits Tavistock Tyres with Pro-Align’s Equipment
One of Micheldever’s newest acquisitions, Tavistock Tyres in Devon, has undergone an extensive refurbishment program, including the replacement of equipment.
Tyre Recycling Faces a Reptilian Delay
The businessman behind plans for a tyre recycling facility in the Barrow docks area is hoping to begin set up work on the project by February despite a last-minute environmental hurdle.
MRF Likely OE Partner for World’s Cheapest Car
The Ninth Auto Expo in New Delhi was selected as the venue for the January 10 launch of the world’s cheapest car, India’s Tata Nano.
Investment Fund Secures 5.5% Stake in Goodyear
According to a filing lodged with the Securities and Exchange Commission in the US on January 8, the share in Goodyear Tire & Rubber held by New York-based hedge fund TPG-Axon Capital Management LP now stands at 5.5%.
Toyo Releases Findings of Compliance Reporting Investigation
On Jan. 8 Toyo Tire & Rubber issued its findings from an internal investigation into the company’s urethane-based heat-resistant building construction material business, and announced an action plan to ensure future compliance with all laws, regulations, company policies and rules.
Michelin Canada Retirees to Appeal Pension Fund Decision
A Canadian newspaper reports that retired Michelin employees in that country intend to appeal the ruling that found their former employer not guilty of any wrongdoing regarding the company’s pension fund.
Lionax Reaches DPS Development ‘Milestone’
Lionax, the first Chinese company listed on the Euronext pan-European stock exchange, announced on Jan. 7 that it has reached a “key milestone” in its quest to develop the industry’s leading next generation Digital Pressure Sensor (DPS), a critical component in TPMS systems in terms of both function and cost.
BKT to Establish New Facility, Increase Capacity
Balkrishna Tyres is reported to be planning a new facility within the Special Economic Zone in Gujarat, northwest India.
B&J Launches Pro Team Competition
The launch of B&J Rocket’s new B&J Pro Team competition marks the latest step in an extensive realignment of the company.
Conti to Build New Automotive Plant in India
Continental AG is looking to boost its India operations and broaden the range of products it offers to customers in the region following its recent buyout of Siemens’ VDO unit.