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Among different tyre segments, it is expected that passenger car tyre segment will continue to dominate the tyre market in the country, followed by commercial vehicle tyres, OTR tyres and two-wheeler tyres," said Mr.
The Vidin-based car tyre maker has implemented staff cuts in the past four months, downsizing its headcount by nearly 100 people, according to Sega daily.
The passenger car tyre segment is anticipated to continue dominating Saudi Arabia tyre market, exhibiting fastest growth rate across all tyre segments over the next five years, it said.
Speaking at the inauguration, B Kumar, Country Head-Distribution, Michelin India said, "Hyderabad is an important market for us and the opening of 2 new concept stores 'TyrePlus' proves our eagerness to strengthen our presence in this region in order to meet the growing demand of passenger car tyres in the city.
DISAPPOINTED Sabrina Lovers got a car tyre as a 30th birthday present from her husband - so her pals decided to spice it up a bit.
Other features of the site include best buy lists, motoring news, motor insurance products, MOT failure insurance, car warranty insurance, car tyre insurance, motor insurance and breakdown cover.
In 2001, the company increased its car tyre production capacity to 2 million units/annum.
com/reports/c68259) has announced the addition of Snapshot's "Italy Replacement Car Tyre 2007" to their offering.
During 2015-20, OTR tyre segment is expected to emerge as the fastest growing tyre segment, followed by light commercial vehicle tyre, two-wheeler tyre, passenger car tyre and medium & heavy commercial vehicle tyre segment.
Passenger car tyre segment is the dominant tyre segment in Ireland, in volume terms, During the forecast period, sedan car tyre segment is expected to remain the highest contributing segment, owing to large fleet of sedan cars in the country.
Former head of Passenger car tyre operations, Rami Helminen, has decided to leave the company and continue his career elsewhere.
Tyre manufacturer Nokian Tyres AB (HEX:NRE1V) announced on Wednesday that it will start statutory negotiations on 25 September 2014 at its Nokia car tyre production plant to adjust the production to meet the market situation.