Business News

Tomislav Momirović, the Serbian Minister of Construction, Transportation and Infrastructure, paid a visit to Zrenjanin to see Linglong Europe in action, accompanied by the mayor of Zrenjanin, Sim Salapur.

Effective Immediately, Mitas has announced price increases up to 10% on all segments, citing escalating energy, logistics and raw materials costs as the cause. Specific details on the increase will be communicated directly to customers by Mitas representatives in each market.

Trelleborg Wheel Systems has confirmed that external parties are interested in acquiring the company with a statement confirming that discussions are taking place following media reports commenting on a possible acquisition by the Yokohama Group

Extending on its material handling and agricultural range, GRI has acquired Baltics-based Protyre to continue to increase its influence in Eastern Europe, in news reported by aftermarketnews.

In 2022, Continental’s ‘ContiAcademy’ – based in Lutterworth, Leicestershire will be the site for more classes and breakout sessions, as firms and fleets vie for Continental tips on tyre life, management and maintenance, as well as wheel security.

After a healthy 17.2% increase in October, the commercial vehicle (CV) market saw a decline of 7.8% compared to November 2020. With 7,940 commercial vehicles produced, this is a decline of 4.4% compared to the pre-pandemic five-year average, in figures released by the Society of Motor Manufacturers and Traders (SMMT).

Chinese-based Triangle Tyre has launched a new app for the European market. Available for Android and Apple users the app features Triangle Tyre's full range of products, in the latest sign that Triangle is ready for a full European expansion.

In January 2022, Trelleborg Wheel Systems will increase prices on all segments by an additional 10%.

Trelleborg Wheel Systems joined forces with Spanish goalkeeper, Santi Cañizares, the El Sueño de Vicky Foundation and oncologist Dr Felisa Vázquez for a festive “Christmas Match” to raise awareness and funds for juvenile cancer research. 

The Italian truck market has seen further falls of 18.3% and 8.9%, respectively, with towed vehicles also dropping by 15.3% and 7% for consecutive months. However, buses have marked a crucial recovery, with an enormous 48.7% fall in October, followed by a healthy 12.7% increase for November, in figures released by the Associazione Nazionale Filiera Industria Automobilistica (ANIFA).