After a wave of price hikes of vehicles, tyres to now become costlier
The companies have already increased prices by 2-4% and this has happened due to an increase in prices of crude derivatives. Oil and its linked derivatives such as carbon black form an integral part of a tyre company’s raw material basket.
Mar 16, 2021, 19:58 PM IST
Apollo Tyres to invest up to $600 million on two plants in FY17
Apollo Tyres will invest up to USD 600 million (about Rs 4,000 crore) next fiscal to enhance capacity at its plants in India and abroad
Mar 07, 2016, 15:32 PM IST
Apollo Tyres buys out Germany's Reifencom for euro 45.6 mn
Apollo Tyres has acquired Reifencom GmbH, one of the largest tyre distributors in Germany, for euro 45.6 million (around Rs 301 crore).
Nov 16, 2015, 13:22 PM IST
Goodyear looking at India with 'renewed interest'
US-based tyre major Goodyear is looking at India with 'renewed interest', expecting to grow significantly in the country which is one of its biggest markets in Asia.
Apr 26, 2015, 12:29 PM IST
Customer happier with original tyres,JK Tyre at top: JD Power
The overall incidence of problems cited by customers has dropped significantly to 9 per cent in 2015 from 18 per cent in 2010, it said.
Mar 31, 2015, 14:46 PM IST
Now, forget about inflating tyres with Bridgestone's air-free tyres
With these tyres, there is no such thing as ' flat-tyre', and the best part about them is that they are fully recyclable.
Oct 06, 2014, 09:04 AM IST
Apollo Tyres to invest 475 mn euros to set up Hungary plant
According to the company, once completed, the plant will have a capacity to produce 5.5 million passenger car and light truck tyres and 675,000 heavy commercial vehicle tyres per annum.
Sep 17, 2014, 21:15 PM IST
