Michelin Group has reported a free cash flow before mergers and acquisitions of €2.1 billion in 2025, exceeding its previous guidance of €1.5 bill ...
Novi Sad, Serbia – Chinese automotive components manufacturer Shanghai Huizhong Automotive Manufacturing (SHAC) has opened its first European production facility in Serbia. The group launched ...
Accordingt to VMI, the Hefei court issued a partial first instance judgment in September 2023 stating that Safe-Run must “immediately stop infringing multiple groups of VMI’s technical secrets ...
In Singapore, SICOM’s active April rubber contract closed the week down 1.0% on profit-taking. Overall, JPX said, prices “took a breather” after rallying to nine-month highs in recent weeks, driven by ...
Suzhou, China – A Chinese court has initiated "pre-restructuring" proceedings for leading tire machinery maker Safe Run, according to a 9 Jan announcement issued by the Suzhou Intermediate People’s ...
The potential closure date coincides with the expiration of the current 2022-2026 collective bargaining agreement. As hourly employees at the Salem plant are represented by the USW, Yokohama is ...
Wilmington, Delaware – Chemours Co. has agreed to sell the remaining land at its former titanium dioxide plant in Kuan Yin, Taiwan to a local ownership group. The land sale will generate $360 million ...
According to the November data published by Association of Natural Rubber Producing Countries (ANRPC), production during the month is projected to reach a total of 1,474,000 tonnes, down 2.56% year-on ...
Milan, Italy – Pirelli has reported 2025 as a “record year” for innovation, with awards won in tests and the recognition for its cyber tire technology, by independent bodies and magazines.
Brussels – The European Commission has announced that it is not imposing provisional anti-dumping duties on the imports of Chinese passenger car and light truck tires.
Nagoya, Japan – Sumitomo Riko has announced the construction of a new automotive hose production plant in Bawal, Haryana, as part of a strategy to expand hose production at its Indian subsidiary ...
In truck tires and connected fleet services (SR2), Michelin expects OE markets outside China to remain negative over the final quarter of 2025, while Europe is continuing to recover from a low base.
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