Due to current market fluctuations and the rise in the cost of raw materials, energy and logistics, Trelleborg has confirmed a price increase of 15% across all segments globally.
Nokian Tyres Adds Additional Statment on Ukraine Situation
Explaining its position regarding the Russia-Ukraine conflict, Nokian Tyres has expressed its hopes for a peaceful, diplomatic solution to the ongoing conflict while offering additional help to its Ukraine base.
Pirelli Closes Production in Russia as a Result of the Ukrainian Crisis
Pirelli has confirmed that they have halted operations in Russia with a statement on how it will handle operations for its Kirov and Voronezh factories for the foreseeable future, with the news reported by Reuters.
DTM Appoints New Managing Director
Leigh Goodland has been appointed as Direct Tyre Management’s (DTM) Managing Director.
CAM Secures Another Gold standard Certification with Investors in People
CAM has again secured the Investors in People (IIP) Gold Award indicating that its customer and employee strategy is yielding dividends.
Positive Rise for the Italian Truck Sector in February
In a sign that the industry is starting to grow, February saw increases in truck sales which grew by 2.7%, towed vehicles which increased by 7% and buses which saw an upswing with a strong 32.1% increase. These are the latest figures released by the Associazione Nazionale Filiera Industria Automobilistica (ANIFA).
Goodyear Now Becomes Title Sponsor of FIA European Truck Racing Championship
Extending on its long-standing partnership, Goodyear now becomes the title sponsor of the FIA European Truck Racing Championship.
Michelin Suspends Industrial Activity in Russia and Exports to Russia
The Michelin Group has decided to suspend both its industrial activity in Russia as well as all exports to Russia.
Grupo Andrés Concludes 2021 with a EUR 219 Million Turnover
Grupo Andrés’ business strategy is yielding dividends with an impressive EUR 219 million turnover last year, despite Covid-19 adversely affecting the sector throughout the year.
Zhongce Rubber Group Co. Ltd. Acquires Tianjin United Tire & Rubber International Co, Ltd.
Taking the next step in its global expansion, ZC Rubber has acquired Tianjin United Tire & Rubber International Co., Ltd (Tutric). Tutric, based in the port city of Tianjin, China, manufactures the Tianli tyre brand.