Apollo to Raise Prices on Vredestein Tires
This price increase was driven by factors including increased costs on sea freight, transportation, raw materials and more, the company says.
Apollo Enters North American Commercial Tire Market
The company plans to have 13 SKUs released this year and will expand to 23 SKUs by the second half of 2022. A total of 45 SKUs, covering 90% of the marketplace, will be available by 2024.
Apollo Announces Price Increase for Vredestein Tires
The extent of the increase will be up to 5%, including adjustments at the article and pattern level.
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.
Rapid Growth Continues in Luxury CUV Tire Market
The compact luxury CUV segment alone has nearly doubled in sales since 2015.
Vredestein Launches Latest Winter Tire, Wintrac
The company says the new tire will have improved performance in wet conditions while continuing to drive well on snow.
Vredestein Reveals New Brand Look
The company says the new look supports Vredestein’s global growth ambition and enhances its European heritage, performance and design.
OE Trends Edge Out Traditional HP Segment
As OE manufacturers continue to look to differentiate their vehicles with performance packages and larger wheels, the traditional “high performance” segment is disappearing.
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.