Tyre Trends

Apollo Tyres Ltd Tyres has appointed Parmeshwaran Iyer as Chief Supply Chain Officer with immediate effect. Iyer, a seasoned supply chain professional, brings 30 years of experience in the fast-moving consumer goods, healthcare, oil and white goods industries. He has extensive expertise in end-to-end planning, procurement, logistics and customer management. #ApolloTyres #ParmeshwaranIyer #ChiefSupplyChainOfficer #SupplyChainLeadership #BeiersdorfAG #FMCG #Healthcare #OilIndustry #LogisticsExcellence #SupplyChainManagement https://lnkd.in/dQwMtd6U

GRP Ltd, an Indian rubber recycling company, reported a 20 percent year-over-year revenue growth for both Q3 and the first nine months of FY25, despite facing margin pressures from elevated raw material costs. The company recorded total income of INR 1,327 million in Q3 FY25, with EBITDA margins holding steady at 9.8 percent. For the nine-month period, revenue reached INR 3,912 million, while EBITDA stood at INR 363 million. #GRPLimited #RubberRecycling #ReclaimRubber #TyrePyrolysisOil #RecoveredCarbonBlack #EPRCredits #EBITDAMargins #RawMaterialCosts #ExpansionPlan #ProparcoFinancing #Q3FY25Earnings #SustainableRubber #IndianRecyclingIndustry #SyntheticRubberReclaim #CircularEconomy https://lnkd.in/dt85hz8k

MRF, India's leading tyre manufacturer, reported a 38 percent decline in third-quarter profit despite higher sales, as rising raw material costs and currency fluctuations squeezed margins. Net income fell to INR 3.15 billion in the quarter ended 31 December compared with INR 5.10 billion a year earlier, the Chennai-based company said in a statement. Revenue rose 13.76 percent to INR 70.99 billion, driven by growth in replacement sales, institutional sales and exports. #MRFQ3Results #MRFProfitDecline #MRFEarningsReport #TyreIndustryNews #RisingRawMaterialCosts #IndiaTyreMarket #NaturalRubberPrices #MRFRevenueGrowth #CurrencyFluctuationsImpact https://lnkd.in/dShQWs3r

Porsche has selected Bridgestone, a world leader in high-end tyres and environmentally friendly transportation options, to create custom tyres for its next Macan Electric and Panamera vehicles. Custom-engineered Bridgestone Potenza Sport ultra-high-performance tyres are now available for both cars. The Panamera, Porsche's third-generation sporty luxury sedan, may also be equipped with custom Bridgestone Blizzak LM005 tyres, which are Bridgestone's first winter original fitting for the car. Bridgestone EMEA Bridgestone India Bridgestone Americas Porsche AG https://lnkd.in/d_EbmxvH #Bridgestone #VirtualTyreDevelopment #BridgestonePotenzaSportTyres #Porsche #PorscheMacanElectric #PorschePanamera

TyreSafe has entered into a partnership with RED Driver Training, one of the UK’s leading driving schools, as its first dedicated driving school supporter. TyreSafe's goal to increase road safety, especially for new drivers starting their adventures as road users, has reached a major milestone with this partnership. In order to promote lifetime habits that lead to safer roads, TyreSafe hopes to increase its efforts to teach new drivers the value of tyre safety and maintenance by collaborating with RED. TyreSafe Admin https://lnkd.in/dSEurGzc #TyreSafe #REDDriverTraining #TyreSafety #RoadSafety

Apollo Tyres Ltd reported a five percent year-over-year increase in revenue from operations for Q3 FY25, reaching INR69.28 billion. However, the company’s net profit declined 32 percent to INR 3.37 billion, down from INR 4.97 billion in the same period last year, as rising raw material costs squeezed margins. #ApolloTyres #Q3FY25 #RevenueGrowth #NetProfitDecline #RawMaterialCosts #OperatingProfit #OnkarKanwar #IndianTyreIndustry #OESegment #PassengerVehicleReplacement #CommercialVehicleSegment https://lnkd.in/dNgNYEtJ

Eurogrip Tyres , India’s leading two- and three-wheeler tyre brand, is displaying its flagship two-wheeler tyre range at the ongoing American International Motorcycle Expo (AIMExpo) 2025, North America’s largest motorcycle and powersports tradeshow. This marks Eurogrip’s entry into US two-wheeler tyre market. AIMExpo 2025, the biggest motorcycle and powersports exhibition in North America with a global presence, is anticipated to attract a sizeable audience with over 3,000 attendees from over 50 nations. It is organised by the Motorcycle Industry Council and unites dealers, the media and the industry in one location. Eurogrip Tyres displayed their top-tier 2-wheeler tyre line, which includes models for sport touring, off-road and trail conditions. Climber XC, Bee Connect, Roadhound, Trailhound STR, Trailhound SCR and Protorq Extreme are among the notable items on exhibit. Eurogrip can be found at Las Vegas Convention Centre, South Hall, Las Vegas, Booth No. 3167. The show runs from 5th to 7th February. https://lnkd.in/dnG9vz6i #TVSSrichakraLtd #EurogripTyres #AmericanInternationalMotorcycleExpo #AIMExpo2025 #MotorcycleTyres

Model Solution, a total hardware platform company and a subsidiary of Hankook & Company Group, has entered into a strategic collaboration with Graphene Square Co Ltd, a leading advanced materials company, for the development and production of innovative electronic devices powered by graphene technology across electronics, energy, healthcare and home appliances industries. https://lnkd.in/dxJ6qXWN Graphene Square Inc. #ModelSolution #GrapheneSquare #HankookAndCompanyGroup #GrapheneTechnology #RechargeableTransparentMultiCooker

Nokian Tyres plc reported a 12.8 percent increase in fourth-quarter sales to USD 447.3 million whilst announcing Paolo Pompei has assumed his role as President and CEO effective 1 January 2025. The Finnish tyre manufacturer's operating profit for the quarter fell to USD 16.6 million from USD 35.7 million in the same period last year. #NokianTyres #Q4Sales #PaoloPompei #RomanianFactory #ZeroCO2Emissions #TyreManufacturing #HelsinkiStockExchange #2024FinancialResults #StateAid #NetSalesGrowth https://lnkd.in/dCJxp_dH

Continental unveiled two new summer tyres that draw inspiration from an unlikely source: golf balls. The tyre manufacturer has incorporated dimpled aerodynamics, similar to those found on golf balls, into its new EcoContact 7 and EcoContact 7 S models. #Continental #EcoContact7 #EcoContact7S #GolfBallAerodynamics #AerodimpleTechnology #RollingResistance #SmartEnergyCasing #GreenChili3.0 #UrbanNoiseReduction #SummerTyres https://lnkd.in/dEmW6U5g