January 11,2025
In recent years, the demand for off-the-road tires has continued to grow. According to relevant research statistics, the scale of the global off-the-road tire market has shown a steady expansion trend. Driven by strong global demand, China's OTR tire market has continued to develop in recent years, and major tire companies have increased their investment in this field.
January 07,2025
Recently, Pirelli reconfirmed in first place at the global level in the Auto Components and Automobiles sectors of the Dow Jones Sustainability World and Europe indices.
January 03,2025
Recently, according to data from the Cambodian Ministry of Commerce, Cambodia's automobile tire exports reached US$772 million in the first 11 months of 2024, far exceeding US$328 million in the same period of 2023, an increase of 135%.
December 31,2024
The commissioning ceremony for the first phase of the third phase of the Wanli Tire Conghua production base project, which produces 6 million semi-steel radial tires, was held in Conghua, Guangzhou on December 26. The holding of this commissioning ceremony marks another important milestone in the development history of Wanli Tire.
December 27,2024
On December 16, the groundbreaking ceremony for the Yokohama Qiantang smart factory major project was held in Qiantang, Zhejiang, marking the official start of construction of the largest single foreign-owned manufacturing project introduced by Hangzhou in the past decade with a total investment of approximately US$500 million.
December 24,2024
2024 is coming to an end, and in this year, the tire industry has ushered in an unprecedented wave of acquisitions. Many world-renowned tire manufacturers have expanded their business scope and enhanced their market competitiveness through acquisitions. These acquisitions not only involve traditional tire businesses, but also emerging markets such as off-road tires.
December 20,2024
On the morning of December 18, 2024, the first phase of the production of Zhongce Rubber's new Indonesian tire manufacturing plant PT. Matahari Tire Indonesia (MTI), located in Kendal Industrial Park, Semarang City, Central Java Province, Indonesia, was grandly held.
December 17,2024
On December 11, 2024, Michelin, a leading tire manufacturer and composites innovator, and Brembo, a leader in the design, development and production of braking solutions, have signed a global agreement to exploit the full potential of their intelligent solutions to revolutionize vehicle performance and provide drivers with the ultimate standards of safety and comfort.
December 13,2024
Recently, Indian tire manufacturer Ceat Ltd announced that it has reached a final agreement with Michelin to acquire Michelin's Camso brand off-highway tires and tracks business in an all-cash transaction with a transaction value of approximately US$225 million.
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