Q4 Tough for Indian Tyremakers

(Staffordshire, U.K./Tyres & Accessories) Indian tyre manufacturers are expected to experience a difficult quarter in fourth quarter this year, the Business Standard has reported.

Published: March 29, 2007

According to the report, “spot rubber prices in this quarter till date have averaged 95 rupees/kilogram levels as compared to an average price of 78.4 rupees/kilogram in same period last year.”

Higher rubber prices this year are attributed to unfavourable weather conditions in key Southeast Asian producing countries, coupled with buoyant demand conditions from China, say analysts. As a result, tyre stocks are said to have under-performed since the beginning of the quarter. Apollo Tyres is said to have 25% during this period, compared to a 7.6% fall in the Sensex exchange. MRF also declined 24% during this period.

Bartec TPMS adds Joe Miller to its field service team

Miller previously spent four years with Snap-on as an equipment specialist, and most recently with GPC/NAPA at the St. Louis company-owned auto parts stores.

By Christian Hinton

Published: April 25, 2024

Bartec TPMS has expanded its field service team by adding Joe Miller, who will cover the Midwest region. Based in St. Louis, MO, Bartec said Miller has been involved in the automotive industry his entire career. Miller spent four years with Snap-on as an equipment specialist, and most recently with GPC/NAPA at the St. Louis company-owned auto parts stores. Bartec said Miller brings a wealth of automotive aftermarket and T&E experience to its field service team.