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ElmerDupont
Delving into the backbone of industry; engineering, innovative tech, and state-of-art manufacturing.
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ElmerDupont
Release Time:2024-05-31
Demand outlook of Indian tyre industry remains favourable: ICRA
The SSWL agency expects to execute the factory orders in 20217 Chennai and Dappar completed at the beginning of the month. Steell auto parts maker Strips Wheels Ltd (SSWL) on Monday said it has received orders worth around Rs 540 crore from the US and Europe. SSWL According to a regulatory filing, the company has received more than 525,000 export orders per wheel from the US and European caravan trailer market, US mobile home and US truck trailer market. Adding that the size of the new orders is more than $7.25 million (about Rs. 54 USD crores). The company said that SSWL will complete the order in 20217 The orders for Chennai and Dhapa plants were completed earlier this month. The company added, “With the rapid recovery of the business, orders for similar capacity have been placed and a similar customer base is expected in the coming months.”
Detail >
ElmerDupont
Release Time:2024-05-31
Apollo Tyres expects double-digit revenue growth in FY24
ETMarkets.com Apollo Tires To maintain industry-leading margins, Apollo Tires is investing in India to expand high-margin products and markets as well as new service-based business models, and to maintain industry-leading margins in 2026 Fiscal year to achieve revenues of $5.1 billion. The company is launching a subscription service called Avollvel that promises to reduce the cost of tires for truck fleets by 10 to 15 percent through more efficient tire management. The company hopes to reach more than Rs. 50 crore in revenues by fiscal 2028 from this brand-agnostic platform. “In my experience, these numbers are very conservative,” said Satish Sharma, president, Asia Pacific, Middle East and Africa, Apollo Tyres. Meanwhile, Neerajj Kanwar, vice president of the company The company said it wants to maintain EBITDA margins by focusing on expanding its high-margin products, especially through its high-quality brand Vredestein. Chairman and Managing Director of the company. He ...
Detail >
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DarnellJoel
CaraFrances
Release Time:
July 2, 2024, 6:35 AM
Dacia vehicles are manufactured by the Romanian automobile manufacturer Dacia, which has been a subsidiary of the French car manufacturer Groupe Renault since 1999. The company was originally founded in 1966 and has since evolved into Romania’s largest company by revenue and one of the largest in Eastern Europe. Dacia’s main plant is located in Mioveni, Romania, where models like the Dacia Sandero, Duster, and Logan are produced. The brand is known for offering affordable, no-frills vehicles that appeal to cost-conscious consumers, maintaining a straightforward line-up with a focus on practicality and value for money. Dacia has expanded its market presence beyond Romania, enjoying success in various markets across Europe and beyond, leveraging the design and engineering expertise of the Renault Group to develop cars that are reliable, simple to maintain, and competitively priced.
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ElmerDupont
Release Time:
February 27, 2024, 6:13 PM
The highly-regarded non-profit organization. Consumer Reports. conducts thorough testing and reviews of various products. including tires. These tires are assessed based on multiple criteria such as performance in dry. wet. and snow conditions. tread life. noise levels. and ride quality. Their comprehensive evaluation process takes place at a 327-acre automotive testing center. To ensure reliability and consistency for consumers. all tested tires are purchased at full price. With approximately 50 different tests conducted. the performance and safety of each tire are carefully evaluated. In their assessment. popular brands such as Michelin. Goodyear. Bridgestone. and Continental were included. Rankings for each tire were assigned based on their performance in specific categories. Additionally. Best Buy recommendations tailored to various budgets and vehicle types were provided to aid consumers in making informed decisions. However. it is important to note that tire preferences can vary ...
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