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Author: Rosy John

Driven by Spirit of Innovation

By TA News Bureau: Fengyuan Tire has adopted innovation as the driving force for company development and our goal is to be the top brand in China and abroad with top quality products, says Wang Zhongjiang, Chairman of Shandong Fengyuan Tire Wang Zhongjiang, Chairman of Shandong Fengyuan Tire, is a member of the Communist Party of China. He graduated from China University of Mining and Technology, majoring in Executive Master of Business Administration with a master’s degree from University of Qingdao Science & Technology, senior engineer. He is the first manager with double Masters degrees in the Group. Zhongjiang...

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Winner From The Start

By TA News Bureau: Over a short period of time since its establishment Shandong Fengyuan Tire Manufacturing Company has grown to become a winning example of China’s new generation tyre companies. Committed to quality through innovation, it already has won the description “The New Dark Horse” in the country’s tyre industry Shandong Fengyuan Tire Manufacturing Co., Ltd. is located in Yicheng Economic Development Zone, Zaozhuang City, Shandong Province. It is close to Beijing-Taiwan Expressway, Beijing-Shanghai high-speed rail, Zaolin Expressway, Qingdao Port and Rizhao Port. The project is owned by Shandong Energy (Among the world’s top 500) enterprise Zaozhuang mining group,...

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EVs: Challenges for tyre makers

By Louis Rumao: Even if Electric Vehicles (EV) match internal combustion-powered cars in total cost of ownership, will it be enough for the projected revolution? An inadequate charging infrastructure could limit growth of EVs   The long-awaited, oft-delayed electric vehicle revolution is now projected to happen in the near future. Britain recently said it would “end the sale of all conventional petrol and diesel cars” by 2040, following similar proposals by France earlier this month to reduce nitrogen dioxide (NO2) pollution. China issued plans last year requiring that 12 per cent of cars sold be battery-powered or plug-in hybrids...

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Product makes the difference

By TA News Bureau: In a competitive market, what makes the winning difference is products – well engineered and correctly adapted products, says Chris Bloor, Executive Director, Global Sales and Marketing, Giti Tire Product makes the difference It is the product that makes the difference in a fiercely competitive market, Chris Bloor, Executive Director in charge of Giti Tire’s Global Sales and Marketing, says while referring to the strategies the Singapore-based company has adopted to enlarge its market share and sustain growth. “The bedrock of our strategy is product. Correctly adapted and well-engineered products will ultimately win the race to...

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By TA News Bureau: As part of global restructuring, General Motors India Private Limited (GMIPL) has announced that it is exiting India, which experts say is expected to be the world’s biggest auto market in about four years. Dealers have said about 15,000 job losses are expected. With monthly average sales of less than 900 vehicles, GMIPL has been facing tough competition from Maruti Suzuki, which has a 47 per cent share in the market. Dealers, customers and workers are distraught at the April closure announcement. Global CEO Mary Barra, during a visit to India in July 2015, had announced closing of the company’s Halol facility in Gujarat. It was thought the plant at Talegaon Dabhade, Maharashtra, would continue as she had indicated fresh investments of a billion dollars in India. Now the retail sales and service agreements would expire in December. It was in this context that the well-known automobile industry analyst Abdul Majeed, Partner & Auto Sector Lead of PricewaterhouseCoopers India, spoke to Tyre Asia about the closure impact and India’s automobile market What is the short and medium-turn impact on India auto and tyre industry following General Motors India’s decision to wind up operations? I don’t think of any significant impact in short term or medium term on the Indian automobile and tyre industry. Indian market has a huge potential for growth. At PwC Autofacts, we...

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