Apollo Tyres Ltd. posted net income of 4.1 billion rupees on net sales of 121.5 billion rupees for its fiscal year ended March 31, 2012. That compares to income of 4.4 billion rupees on sales of more than 88.6 billion rupees for its previous fiscal year.
Tags: Apollo financials, Hall of fame, Onkar S Kanwar, Raw material costs, SEMA Show, UHP tires
Apollo Vredestein B.V. is a partner in the EU-PEARLS project, which has one objective: to find a European alternative to natural rubber from the rubber tree.
Tags: Dandelion, EU-PEARLS, Natural Rubber, Raw material costs
Cooper Tire & Rubber Co. reported net income of $22 million on net sales of $984 million for the first quarter ended March 31, 2012. That compares to income of $16 million on sales of $902 million for the same period last year.
Tags: Cooper Financials, Plants, Raw material costs, Roy Armes
Hankook Tire Co. Ltd. recorded consolidated sales of 1.71 trillion won for its first quarter ended March 31, 2012. That compares to sales of more than 1.4 trillion won for the same period last year.
Tags: Hankook financials, Raw material costs, Seung Hwa Suh, Soo Il Lee
Groupe Michelin posted net sales of 5.3 billion euros for the first quarter of its 2012 fiscal year ended March 31, 2012. That compares to sales of 5 billion euros for the same period last year.
Tags: Michelin financials, Price increases, Raw material costs
Nokian Tyres plc posted net profit of 308.9 million euros on net sales of more than 1.4 billion euros for its fiscal year ended Dec. 31, 2011. That compares to income of 169.7 million euros on sales of more than 1 billion euros for 2010.
Tags: Europe, Kim Gran, Nokian financials, Raw material costs
Pirelli & C. SpA recorded net revenue of 440.7 million euros on consolidated net sales of more than 5.6 billion euros for its fiscal year ended Dec. 31, 2011. That compares to revenue of 4.2 million euros on sales of more than 4.8 billion euros for fiscal 2010.
Tags: Pirelli financials, Raw material costs
China Manufacturers Alliance LLC (CMA) will raise prices on Double Coin radial truck and OTR tires effective April 1, 2012. The increases will be up to 5%, with some in-line changes.
Tags: Aaron Murphy, OTR tires, Price increase, Raw material costs, Truck tires
Goodyear Tire & Rubber Co. will raise prices on all its consumer and commercial tire brands effective April 1, 2012.
Tags: Commercial Tires, Consumer Tires, Goodyear financials, Price increase, Raw material costs
Yokohama Rubber Co. Ltd. followed up its better-than-expected financial results with a number of major announcements. The company outlined phase three of its Grand Design 100 medium-term management plan; previewed senior management changes; and established a technical center in China.
Tags: China, Grand Design 100, Raw material costs, Yokohama financials
Financially, Goodyear Tire & Rubber Co. had a record year globally in 2011. How did it fare in the United States and Canada?
Tags: Goodyear financials, OE tires, Raw material costs, USW
Comments(1)
Goodyear Tire & Rubber Co. recorded net income of $18 million on sales of $5.7 billion for the fourth quarter ended Dec. 31, 2011. That compares to a net loss of $177 million on sales of nearly $5.1 billion for the same period last year.
Tags: Goodyear financials, Raw material costs, Rich Kramer
Moder Tire Dealer
© Copyright 2012 Modern Tire Dealer. All Rights Reserved.