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Apollo Tyres on Wednesday inaugurated a new Advanced Tyre Testing Facility at its Global Research and Development Centre outside Chennai. The new facility, the company says, will enable it to hasten the research and development process for tyres for passenger…
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…
Apollo Tyres is setting up Europe’s largest greenfield plant in Hungary with an investment of 475 million euros to produce nearly 62 lakh tyres for passenger cars and heavy commercial vehicles per annum. The facility at Gyongyoshalasz, located less than 100…
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