Apollo Tyres Sets Goal of $5B in Sales by 2026
Despite a net loss in the first quarter of the fiscal year, Apollo Tyres future-proofed its business in response to the pandemic, its Chairman Onkar Kanwar said at the company’s annual meeting.
Apollo Tyres Conducts Global Partners’ Summit 2021
The corporate procurement team at Apollo Tyres shared the “Apollo Sustainability Procurement Vision,” along with the plan for increased usage of recycled and renewable materials going forward.
Scott Patterson Joins Apollo Tyres’ North American Team
In this role, Patterson will oversee Apollo Tyres’ growth initiatives within the U.S. and Canada, the company says.
Apollo Tyres Expands Partnership with Manchester United
The company says the move is part of its growth strategy for the Vredestein brand across Europe and North American markets.
Apollo Tyres: Strategy of ‘Entrenchment’ for U.S. Market [Audio]
Despite COVID-19, 2020 has been a big year for several tire manufacturers, including Apollo Tyres. The Indian tiremaker launched its Vredestein brand in North America last year, and has already released two tires specifically designed for the North American market in 2020. According to company executives, there’s much more to come. We spoke with executives
Apollo Tyres: Strategy of ‘Entrenchment’ for U.S. Market
We speak with Apollo Tyres’ executives about the company’s largest single investment in a new market in company history and its strategy to gain a foothold in the U.S. market.
Apollo Tyres Rolls Out First Tire from New India Facility
Apollo says by 2022, this plant will have the capacity to produce 15,000 passenger car tires and 3,000 truck-bus radials per day.
Apollo Tyres’ Leadership Takes Pay Cut Due to COVID-19
The chairman and managing director, Onkar S. Kanwar, and the vice chairman and managing director, Neeraj Kanwar, have announced a 25% reduction in their salaries.
Apollo Tyres to Specialize Netherlands Plant Production
Within the current operating environment, certain tire sizes can no longer continue being produced in the plant at a sustainable and competitive level, Apollo Tyres says.
Private Equity Firm Invests $150M in Apollo Tyres
Warburg Pincus’ investment represents a primary capital infusion into Apollo Tyres, the company said.