Author: Sharad

Nexen bags two IDEA awards

Nexen Tire’s N’FERA AU7, a commercial tyre, and BREATHRE, a future-oriented conceptual tyre, received the International Design Excellence Awards (IDEA) for 2017. Sponsored by the Industrial Designers Society of America, IDEA is a premier international design competition, also known as the ‘Academy Awards’ of the designing industry. N’FERA AU7 is the first commercialized product from the tyre industry to have been selected as a winner. Recently released in North America, ‘N’FERA AU7’ is an ultra-high performance (UHP) tyre developed for high-ends sedans. ‘N’FERA AU7’ boasts in outstanding driving stability, handling and break performance at high speed and features reduced...

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Suzuki RM-Z450 motorcycle to be equipped with Bridgestone Battlecross

  Bridgestone’s Battlecross X30 tyres will be fitted as original equipment on Suzuki’s new RM-Z450 Motocross motorcycle. The RM-Z450 will be Suzuki’s category flagship motorcycle, and Bridgestone Battlecross X30 tyres contribute to enhancing the traction of the new model. “The Battlecross X30 is a high performance tyre specialized for medium terrain on the race course, and its technologies were developed and refined across multiple years of motocross racing. It applies our original technology Castle Block on the tire surface to improve the grip on the motocross roads,” said the Japanese tyre company....

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Goodyear to declare Q22017 results on July 28

Goodyear Tire will announce its second quarter financial results on July 28. The announcement will be followed by an investor call. Participating in the conference call will be Richard J. Kramer, chairman, chief executive officer and president; and Laura K. Thompson, executive vice president and chief financial...

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Mubadala makes investment in Nexen Tire

The Abu Dhabi-based investment firm Mubadala Investment Company made a direct equity investment in Nexen Tire.  The agreement will accelerate the tyre company’s international expansion, said Nexen Tire.The Memorandum of Understanding was signed between two parties to explore strategic partnership opportunities. However, the details of the investment were not disclosed by the companies. In addition to the equity investment, Mubadala and Nexen will explore a broader range of business initiatives, including potential further investment as well as wider cooperation in Nexen Tire’s overseas expansion. The parties will also cooperate in other areas such as future automotive technology linked to...

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Apollo Tyres to plant 100,000 trees in TN

Under its environment initiative, Apollo Tyres’ employees from the Chennai plant  initiated the planting of Rs100,000 trees Vilanallur village, in the Tiruvannamalai district, Tamil Nadu. Out of 100,00, The company, in a in association with the project partner, TIST, and the farmers, today planted 1000 trees and the rest will be planted by the project partner and the farmers over the course of next few month, Apollo Tyres said. “The company believes that developing agroforestry and encouraging farmers to use their land effectively are critical for the solution of deforestation — a factor responsible for about 20% of global...

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