Natural Rubber Prices: Bullish Trend to Continue
(India/Rubber Asia) Rubber prices are to rule steady at higher levels at least for the next two years not just because of the much criticised vagaries created by overplay of hedge funds in NR market, but on account of the main market fundamentals of actual demand and supply of both NR and SR, according to market analysts.
AAIA, Lang Combine Resources for Single Aftermarket Analysis
(Akron/Tire Review) The Automotive Aftermarket Industry Association (AAIA) is teaming up with Lang Marketing Resources to conduct a more detailed analysis of the U.S. automotive aftermarket.
Titan Releases First-Quarter Results
(Akron/Tire Review) Titan International Inc. reported record net sales of $226.3 million for the first quarter of 2007, a 24% increase over the first quarter of 2006, but realignment of OTR manufacturing operations reduced income to $14.3 million, compared to $17.2 million in the first quarter of 2006.
Back On Track: Cooper Says New CS4 Touring Tire a Step in the Right Direction
Cooper Says New CS4 Touring Tire a Step in the Right Direction
Ceat Identified as Strong in OTR Sector
(Staffordshire, U.K./Tyres & Accessories) The online stock broking firm India Infoline has recommended Ceat Ltd. as a recommended buy only a day or so after making a similar recommendation regarding Apollo Tyre.
Kumho Launches Race Sweepstakes
(Akron/Tire Review) Want to go to a cool race? The winner of Kumho Tire USA’s new ALMS Speed-Rated Sweepstakes will get a trip for two to the 2008 ALMS Monterey Sports Car Challenge at Mazda Raceway at Laguna Seca, including airfare and hotel for two and $600 in spending cash.
Itochu Boosts Investment in Akebono Brake
(Akron/Tire Review) Itochu Automobile America Inc. and Itochu International Inc. have combined to acquire an interest in Akebono Brake Corp.
New Vans and New Look for Kwik-Fleet Mobile
(Staffordshire, U.K./Tyres & Accessories) Kwik-Fit’s newest mobile vans have hit the road featuring a revamped livery that is also being rolled out across the company’s fast-fit centres nationwide.
GITI Tire Named GM 2006 Supplier of the Year
(Akron/Tire Review) Shanghai, China-based GITI Tire Group was presented with the General Motors 2006 Supplier of the Year award on Mar. 31 at in Orlando, Fla.
Heavy Vehicle Sales Plummet During February
(Staffordshire, U.K./Tyres & Accessories) Monthly figures released by the ACEA show dismal sales of heavy commercial vehicles for February 2007, compared with data recorded a year earlier.