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Continuing its journey of the “Bridges to Knowledge” project, Bridgestone Vietnam built and inaugurated the 10th bridge, Truong Tho in Soc Trang, on Dec. 27. The project was implemented by Bridgestone Tire Sales Vietnam Limited Liability Company to realize…
Amazon Web Services (AWS) announced that Apollo Tyres is going all-in on AWS to digitally transform. By moving all of its IT infrastructures to AWS, Apollo Tyres can use AWS’s broad portfolio of services to innovate new customer experiences while driving…
The Coronavirus crisis has not only disturbed the pace of the auto industry but also of its ancillaries. One of the biggest Tyre manufacturer of India – JK Tyre & Industries has recorded a loss after tax of ₹ 202.15 crore in first of FY2021 as compared to a…
European distributors are holding back from buying costly winter tyres due to high inventories, Finland’s Nokian Tyres said on Thursday, adding it saw weakness in its Russian market too. “We expect short-term weakness in sales volume throughout Central Europe…
Creditors of Kumho Tire gave formal notice this week that they will hold an open auction for their respective holdings in the South Korean tyre manufacturer with preliminary bidding scheduled to start in early November. The creditors involved are eight…
The Batam city government said it will continue cooperation, which began last year, with the Japanese city of Yokohama. Batam city mayor Muhammad Rudi said the cooperation would be continued as the cooperation has been a success thanks to assistance from the…
Michelin said ahead of an investor day on Monday that it aims to increase tyre sales by 20 percent by 2020, pledging to outpace the growth of the market. The group also said it aimed to double services and solutions revenue to 2 billion euros ($2.27 billion)…
Japanese tire maker Bridgestone Corp said it would not counter Carl Icahn’s raised offer to buy Pep Boys – Manny Moe & Jack, ending a bidding war for the U.S. auto parts retailer. Icahn sweetened his offer for Pep Boys for the second time to $18.50 per share…
Michelin will work with Barito Pacific and invest up to US$400 million (Rp5.1 trillion). The plant’s construction is scheduled to start in 2016, with the goal to have it begin operations by 2019. Both Michelin and Barito Pacific had also expressed their…
Yokohama Rubber Co. Ltd. is gearing up to participate in the new Gaikindo Indonesia International Auto Show 2015. The event is scheduled for Aug. 20‒30 in South Tangerang, in Indonesia’s BSD City. Yokohama said it will be represented at the show by its…
Bridgestone Corp. plans to establish a joint venture company to produce anti-vibration rubber products for automotive vehicles in Indonesia. The agreement was concluded on July 2 with PT Astra Otoparts Tbk, which manufactures and sells automotive parts in…
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