Business News

The Yokohama Rubber Co., Ltd., announced in October 2020 that it will consolidate its various offhighway businesses into one single entity - Yokohama Off-Highway Tires (YOHT). This includes Yokohama’s off-the-road (OTR) tyre businesses across the globe and Alliance Tire Group (ATG) with its renowned tyre brands Alliance, Galaxy and Primex, which Yokohama bought four years ago.  

UK commercial vehicle production dips -1.9% in November with 8,605 units built. Overall decrease driven by -8.8% exports decline, while production for UK rises 10.1% as sector works to meet ecommerce-driven demand. Industry calls for quick resolution to Brexit negotiations as 94.1% of all UK CV exports head to EU in first 11 months of the year. 

BFGoodrich once again faces the biggest competition in off-road motorsports: the Dakar Rally. The world's leading off-road tyre brand for over 100 years will support numerous teams and fight for their 17th overall victory. 

Michelin and Essilor launch an awareness campaign to promote safer mobility, focused on the importance of drivers to check their visibility and the correct condition of the vehicle’s tyres. 

Toyo Tire Corporation and its manufacturing subsidiary Toyo Tire Serbia LLC Belgrade observed a groundbreaking ceremony at the site of a new plant in Indjija City, the Republic of Serbia yesterday.   

Light commercial vehicle registrations fell 8.1% this month compared to November 2019, to 15,627 units, while commercial vehicles registered a slight decline of 0.6%, with 2,693 units. The three signatory associations, ANFAC, FACONAUTO and GANVAM jointly warn of the serious risk for the sector of the increase in the Registration Tax in January 2021. 

The Futurmotive - Digital Expo and Conference saw the participation of thousands of operators. During the live streaming of this "automotive industry marathon", discussions centred on topics related to technological innovation, smart mobility and circular economy. 

Third consecutive month of growth for new van market, with 28,541 vehicles registered. Vans weighing more than 2.5-3.5 tonnes drive uplift, up 25.2%, with 20,769 new vehicles joining fleets before Christmas. However, performance year-to-date still playing catch up, down -21.5% on 2019. 

Conticonnect can now measure and control the tyre data in real time via the cloud, thanks to telematics, allowing for enhanced control, logistics and safety.

With its Hybrilug pattern that caused a stir when released in 2019, the King tractor tyre looks set to make an impact on both soft field and fast road transport.