One of the main reasons people hesitate to buy new cars is that their value depreciates fairly quickly. The 2019 Cost of Vehicle Ownership Trend Report which was published recently however i... Read more
Prinx Chengshan has broken ground for a new factory which is located at the Eastern Seaboard Industrial Zone WHA EISE 3 in Chonburi, Thailand. The new plant is expected to become operational... Read more
Hankook’s subsidiary in Canada, Hankook Tire Canada Corp has announced that the company has appointed In Hyuk Rhee as its president and CEO. Rhee started his career with Hankook Tire in 1993... Read more
Nexen Tire has announced that it is on track to complete construction of its Magok Central Research Institute in Seoul by the first half of 2019. The company will then have four such global... Read more
BKT has taken its strategy in Europe to the next level by setting up a new headquarters. The company marked the opening of its rebuilt headquarters with a ceremonial lighting of the lamp on... Read more
Hyundai received the highest possible score in the first official New Car Assessment Program that assesses vehicles based on their environmental performance. The first Green NCAP, which was... Read more
Goodyear teamed up with US company Envoy Technologies to develop a new digital service solution. Envoy is a company that specializes in shared on-demand, community-based electric vehicles (E... Read more
Continental has commenced production of tires at its greenfield facility in Rayong, Thailand. The plant which required an investment of 250 million Euros was formally opened on schedule two... Read more
Cooper Tire has announced that its tire manufacturing facility in Tupelo has earned an Improvement Award in the 2019 Sustainability Awards for Safety and Health from the U.S. Tire Manufactur... Read more
Mercedes-Benz has announced that it has formally opened a new plant for passenger cars in Moscow. The factory, in which Mercedes-Benz will be investing more than 250 million euros will initi... Read more
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