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India start-up to buy U S distributor Tyres International

CUYAHOGA FALLS, Ohio — Mahansaria Tyres Pvt. Ltd., an Indian start-up company targeting the off-highway tire sector, has struck a deal to buy majority control of U.S. tire distributor Tyres International Ltd. as a first step toward building a North American distribution network. With this…

Off Highway Tyre Market– Key Data Points Mapped for Industry Professionals Trends Market Research – KSU

-Comprehensive assessment of all opportunities and risk in the Off Highway Tyre market. -Off Highway Tyre market recent innovations and major events -Detailed study of business strategies for growth of the Off Highway Tyre market-leading players. -Conclusive study about the growth plot of Off Highway Tyre market for forthcoming years. -In-depth understanding of Off Highway Tyre market-particular drivers, constraints and major micro markets. -Favorable impression inside vital technological and market latest trends striking the Off Highway Tyre market. Important Features that are under Offering and Key Highlights of the Reports: – Detailed overview of Market – In-depth market segmentation by Type, Application etc.

Yokohama revises fiscal 2021 outlook on positive Q1 results

Yokohama revises fiscal 2021 outlook on positive Q1 results Yokohama revises fiscal 2021 outlook on positive Q1 results Print TOKYO Yokohama Rubber Co. Ltd. reported an eightfold increase in business profit for the quarter ended March 31 on record sales revenue of $1.41 billion. Yokohama attributed its rebound from the COVID-19 pandemic-influenced fiscal 2020 first quarter to higher replacement tire market sales in most markets and record sales by its ATG off-highway tire segment. The first-quarter results business income of $137 million on 15.9 percent higher sales of $1.41 billion prompted the company to revise upward its projections for the first half and the full fiscal year. YRC now projects full-year sales revenue of $6 billion (at prevailing exchange rates), up 3.2 percent over the February forecast and 12 percent higher than the 2020 full-year figure, but still slightly shy of the fiscal 2019 sales. Business profit should come in at approximately $475 million, or ne

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