South Korea’s Nexen Tire Co., Ltd. (Nexen Tire) announced a plan to supply the N'FERA Sport as original equipment (OE) tires for the Skoda Karoq. The N'FERA Sport is Nexen Tire’s flagship ultra-high-performance (UHP) tire, which has won the company's most significant number of OE approvals. Nexen Tire has already pro

On May 7, Apollo Vredestein announced that the Volkswagen Group had selected the Vredestein Wintrac Pro high-performance winter tire as original equipment (OE) for its Tiguan SUV in Europe. It is produced at Apollo Tyres’ Gyöngyöshalász plant in Hungary.
Apollo Tyres Ltd will supply this tire in size 215/65 R17 99H s

On May 4, multiple sources reported that Chinese tire manufacturer Sentury Tire abandoned its plan to establish a factory in the As Pontes region of Galicia, Spain, and transfer all funding to its existing factory in Tangier, Morocco. The Tangier plant started production in September 2023. The investment will expand

Pirelli Tyre S.p.A. (Pirelli) has developed a bespoke version of the P Zero R tire for the new Porsche 911 GTS, the first hybrid-powered model in the Porsche 911 range.
The new tire balances sportiness with everyday usability. Its newly designed compound ensures an excellent grip across various surfaces and in all we

On May 2, Ceat Limited announced the incorporation of its new step-down subsidiary in Sri Lanka, CEAT OHT Ventures (Private) Limited, with an initial capital of LKR 3,00,000. The entity will engage in industrial development, including the construction and leasing of commercial buildings and warehouses to support the

On April 28, Continental announced that it would discontinue tire manufacturing operations at its Alor Setar, Malaysia, plant by the end of 2025. This decision follows a business review aimed at staying competitive in the APAC region.  Adapting to changing customer demand, the company seeks to optimize its local prod

On April 25, 2025, Apollo Tyres Limited announced that its Netherlands-based subsidiary, Apollo Tyres (NL) B.V. (ATNL), has submitted a request for advice (RfA) to the ATNL Works Council regarding the proposed closure of its manufacturing plant in Enschede, Netherlands. The company plans to discontinue tire productio

NIRA Dynamics announced that it is enhancing driving safety and efficiency for the global automotive industry by integrating advanced software algorithms into vehicle systems provided by Bosch. NIRA Dynamics’  software solutions provide real-time insights into tire health without the need for additional hardware.
NIR

On April 22, NEXEN TIRE, a global leader in tire manufacturing, announced that its ultra-high-performance (UHP) summer tire, the N'FERA Sport, has received homologation to be supplied to the Škoda Karoq.
The N’FERA Sport tire, made in Europe for the European market, comes in size 215/50R18 W XL and is a great fit for

Nexen Tire Co., Ltd. (Nexen Tire) announced that it has been focusing on the development of tires using artificial intelligence (AI) and virtual reality (VR) technologies. As part of its strategy to provide performance suitable for both electric vehicles (EVs) and internal combustion engine vehicles, it places import

Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that Hyundai Motor Company adopted the iON evo AS SUV tires as original equipment (OE) for the Hyundai Ioniq 9 electric sports utility vehicle (SUV). The iON evo AS SUV is an EV-exclusive all-season tire developed in close cooperation with Hyundai Motor. It

Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that it will supply the iON evo AS SUV tire as the original equipment (OE) fitment for Lucid Motors’ all-new electric SUV, the Lucid Gravity, which was unveiled in the United States.
Featuring next-generation compound technology, the all-season tires are de

On April 11, Pirelli announced that it had not made any decision about investment in the US yet. Pirelli released this statement in response to media reports about potential investments in the US. Pirelli, however, stated that it has long considered expanding its production there as part of its local-for-local strate

On April 9, the Industrial Development Fund, Russia (IDF) announced that Sterlitamak Petrochemical Plant (SNKhZ), which is part of the Roskhim holding, has carried out technical re-equipment of its synthetic rubber production. It is used as a raw material for the manufacture of automobile tires and rubber products.
I

On April 10, the European Commission approved, under the EU Merger Regulation, the acquisition of sole control of Dunlop Tire Business of the US, by Sumitomo Rubber Industries of Japan. The transaction relates primarily to the manufacture of rubber tires. The Commission concluded that the notified transaction would n

Several media sources reported that workers at Bridgestone’s plants in Basauri (Bizkaia) and Puente San Miguel (Cantabria) halted production on April 8, 2025, as part of a 3-day strike against the company’s layoff plan. The planned layoffs are expected to affect 546 workers (335 in Basauri and 211 in Cantabria).
The

On April 4, Himadri Speciality Chemical Ltd announced that it has completed the acquisition of the remaining 9,999 equity shares (0.33%) of Birla Tyres Limited (BTL) for a total consideration of INR 900 thousand. With this transaction, it now holds a 100% shareholding in BTL, making it a wholly owned subsidiary. Earl

On April 9, Nexen Tire, a leading global tire manufacturer, announced the establishment of a winter tire testing center at UTAC proving ground in Ivalo, Finland. The new testing center will be used for winter tire performance testing and research and development.
The facility, located within UTAC, Europe’s premier au

Reported on April 6, 2025, Thailand’s Industry Ministry is reportedly investigating accusations that a Chinese tire company imported substandard tires from China into Thailand, modified them, and sold them as newly manufactured products with 'Made in Thailand' labeling.
According to a source from the ministry, who re