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MRF posts decline in profit as rubber price surge

India Business News: BENGALURU: MRF on Friday posted decline in its fourth-quarter on Friday, primarily due to the surge in rubber prices. ....

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Titan International acquires Carlstar Group for USD 296 mn, Auto News, ET Auto

Carlstar Group: Carlstar is a global manufacturer and distributor of specialty tires and wheels for a variety of end-market verticals including outdoor power equipment, power sports, trailers, and small to midsize agricultural and construction equipment, the company said. ....

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Continental presents ContiConnect Lite for digital tyre management, ET Auto

Continental: ContiConnect Lite is a simple and free-of-charge gateway to selected ContiConnect functionality via smartphone. The new app version is also available for digital tire monitoring for agricultural tyres, earthmoving tyres and port operation tyres, the company said. ....

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SUVs help keep Michelin profits rolling in, Auto News, ET Auto

Michelin, the world s top tyre maker, on Monday posted record operating profits as a focus on premium products, including for SUVs, helped it survive an otherwise lacklustre year. Sales of premium and big tyres, in particular for SUVs, helped improve the company s performance, as did a drop in costs for raw materials from peaks hit in 2022. ....

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