Financial News Archives - Page 108 of 108 - Tire Review Magazine
Mayhew Tools to Acquire Ken-Tool Lines

Mayhew Steel Products and Ken-Tool have announced that Mayhew will acquire Ken-Tool’s OldForge and Carica product lines within the next few weeks.

Tofan Seeks Investment for Danubiana

High profile Romanian businessman Gelu Tofan, head of the Tofan Group, is reportedly seeking international capital for his Danubiana tyre business, one of the country’s largest tyre manufacturers.

Laugfs to Enter Pneumatic Tyre Market – Reports

Laugfs Gas Holdings will reportedly invest 800 million rupees (≤10.4 million) to enter the international pneumatic tyre market in 2008.

Conti Sets April Price Hike

Continental Tire North America is raising prices on all of its branded and private brand passenger and light truck/SUV tires up to an average of 7%, effective Apr. 1.

Goodyear Hiking Prices Up to 7%

Goodyear Tire & Rubber Co. has informed its dealers that it is raising prices on all of its passenger and light truck/SUV tires by up to 7%.

MNA Announces Price Increases

Fast-rising raw material, energy and transportation costs have pushed Michelin North America to announce price hikes in North America.

Indian Tyre Prices May Increase in 2008

(Hindu Business Line) The Indian tyre industry may begin the New Year with 2%-3% average price increase.

OTR Shortage Leads to 300% Price Hike in Two Years

Those buying OTR tyres in the Middle East are likely to encounter further price hikes of 20% to 30%.

Michelin to Up Prices in Japanese Market

Michelin is set to raise prices in Japan across a range of products due to the rising cost of raw materials.