Strike Over Apollo Acquisition Persists at Cooper Chengshan
More than 5,000 workers at the Cooper Chengshan joint venture in China have continued their strike in protest against Apollo Tyres’ planned acquisition of Cooper.
So Just How Good Are China-Made Chinese Market Tires?
Chinese brand tires often rank poorly in comparative tests undertaken by European publications, unable to match the performance of premium rivals. But what sort of tires do these premium manufacturers themselves produce for the Chinese market, and how would they fare against their European market siblings? German motoring magazine Auto Bild assigned its staff the
ECI Sets Dates for 2014 Brityrex
Exhibition organization company ECI International has announced dates for the forthcoming 2014 British tire exhibition, Brityrex International, which will run from Oct. 7-9, 2014. Like the last edition of the show, the 2014 event will once again be held at the EventCity exhibition center in Manchester. The news of the dates follows ECI’s announcement that
Tyrexpo Event Organizer Bought, Shows Will Continue
ECI International is now a wholly owned subsidiary of Singex-ECI International Pte. Ltd. following the company’s acquisition by Singex Exhibition Ventures (SEV). According to the companies, the Tyrexpo series of events (including Brityrex in the U.K.) will continue to be marketed as “An ECI International Event” providing all exhibitors, supporters, partners and visitors with a
Apollo-Cooper Update: Ohio Senator Meets with Apollo Senior Management
On July 25, U.S. Sen. Sherrod Brown (D, Ohio) met with Apollo Tyres chairman Onkar Kanwar and vice chairman and managing director Neeraj Kanwar to urge them to protect jobs in his – and Cooper Tire & Rubber’s – home state. “Apollo Tyre should remain committed to the Findlay community where Cooper Tire has been
Apollo-Cooper Update: No Cooper Conference Call
Financial analysts will need to form their own opinions when Cooper Tire & Rubber releases its second quarter 2013 financial results on Aug. 8. The tiremaker has announced that in light of its pending acquisition – described as a “merger” in a Cooper press release – by India’s Apollo Tyres, the company will not host
Michelin to Comment on F1 Tire Supply
According to Germany’s Auto Motor und Sport, Michelin intends to make an announcement regarding its stance on F1 tire supply later this week. The publication believes the tiremaker will voice its readiness to bid for the contract. The question is, it adds, when it would be ready to begin? Would Michelin be ready in time
New Apollo Vredestein Distribution Center Opens
Apollo Vredestein’s new European distribution center in the Netherlands recently entered service. Located in Staalsteden, near the company’s Enschede plant, the center has the capacity to store 50,000 tires. The company says the additional storage space is needed to accommodate growing production and sales volumes, combined with a wider product range. “The new distribution center
Duratread Unveils OTR, Steel Radial Tires at Latin Tyre Expo
Visitors to this week’s Latin American & Caribbean Tyre Expo will see Duratread’s latest additions to its line of specialty tires, as well as the new lineup of Steel Radial Truck Tires. This will be the first opportunity to view the tire since the inauguration of the company’s new factory in Vietnam. The factory is
Report: Rubber Futures Down in Tokyo
Tokyo rubber futures fell July 25 after six straight sessions of gains as weaker oil prices and the yen’s gain against the U.S. dollar prompted profit-taking, according to a report from Reuters. After closing at a seven-week high the day before, a rubber contract for December delivery dropped 0.5% to settle at 255.8 yen per
Cheng Shin Rubber Plans Seventh Plant in China
Cheng Shin Rubber Industry Co. is considering building its seventh plant in China to expand its presence there. With six factories in southern and central China, Cheng Shin’s plan to construct a new plant in northern China would help it satisfy growing demand, vice president Wu Hsuan-miao said recently. "We will come up with a
PayPal Added to Payment Options for Delticom
Tires purchased through the mytyres.co.uk site and a number of other Delticom portals can now be paid for using PayPal. Announcing the addition of this popular payment method, Delticom co-CEO Philip von Grolman stated: “We want to make buying tires as convenient and as secure as possible for our customers in every country. Users can