tire makers news
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India's Apollo Tyres to buy Cooper Tire for $2.22B
Findlay :: OH :: USA | 8 days ago
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Apollo says the combined company will be one of the world's tire makers, with a strong presence across four continents and combined 2012 sales of $6.6 billion. Under the terms of the deal, Cooper shareholders will receive $35 per share in cash. The
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Ailing domestic tire makers shift production to emerging countries
Mumbai :: India | 11 months ago
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Tire makers here are facing daunting conditions exemplified by a rapidly graying population and a strong yen hovering at historical highs, both of which will inevitably dent auto demand. To build a foothold and minimize the risk of foreign-exchange
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Goodyear aims for another good year
Shanghai :: China | 2 years ago
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The United States-based Goodyear Tire and Rubber Co said on Tuesday that it plans to open 400 more stores in China this year. The new outlets are part of a strategy to further tap into the Chinese market, at a time when tire makers are under scrutiny
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Business › Bridgestone to raise passenger car tire prices by 8%
Shanghai :: China | over 2 years ago
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Bridgestone Corp will raise the price of its passenger car tires by an average of 8% from June 1, against the backdrop of surging material costs and growing demand in China and India. The world's leading tire maker will be making price increases at a
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Michelin is reinforcing its brand and reputation in the high-performance tire market.
Beijing :: China | 3 years ago
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French tire maker Michelin is reinforcing its brand and reputation in the high-performance tire market by launching the latest products as Chinese customers become more demanding. "We are putting more attention on the high performance tire market
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Tough China trade decision for Obama
Beijing :: China | 4 years ago
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International Trade Commission voted Thursday in favor of a petition brought by U.S. Steelworkers, which said a huge increase in Chinese tire imports had forced plant shutdowns and the loss of jobs in six states over the past five years. The
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Michelin Q1 sales fall 14.2 percent to euro3.5B
Madrid :: Spain | 4 years ago
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Michelin SCA said Tuesday its sales fell 14.2 percent to euro3.5 billion ($4.5 billion) in the first quarter as demand for tires slumped in all the French tire maker's markets other than China. Clermont-Ferrand, France-based Michelin, which vies
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