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PeteRaphael
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
Industry info
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Q&A
PeteRaphael
Release Time:2024-05-31
Tyre maker Maxxis India eyes 5% market share in Tamil Nadu by 2021
The agency will also focus on attracting performance-and quality-oriented customers and strengthening its existing network of channel partners and resellers, the company said. Mumbai: Tire maker Magis India on Tuesday said it expects Tamil Nadu to account for 5% market share of its total tire sales in one of its fastest growing markets next year. Magis also plans to add 200 years of quality dealers in the South by 2021, the press release said. Currently, the tire maker has about 600 dealers in southern India. In a press release, Magis India said that apart from strengthening its existing facilities, the company also plans to focus on the country’s top tire showrooms to promote its two-wheeler range. Magis announced that it will focus on best tire dealer showrooms to promote its tire range in the scooter and motorcycle segments with a view to capture 5% market share by 2021 Tamil Nadu year. The company will also strengthen its existing network of channel partners and de...
Detail >
PeteRaphael
Release Time:2024-05-31
Lockdowns likely to affect business in short-term: MRF
The second wave of the Covid-19 blockade will affect business in the short term, with tire giant MRF Ltd saying there will be some uncertainty over vehicle demand in the coming months. MRF Chairman and Managing Director KM Maman, in the company’s 2020-21 address to shareholders in its annual report, said the company is hopeful that demand for tires will recover as the blockade eases. He wrote, “In many cases, businesses have been negatively impacted, but the industry has learned to deal with the embargo. The embargo has also affected our business, and we are hopeful that tire demand will recover with the lifting of the embargo.” Maman said automobile companies have also reduced production during the blockade and “it seems that once the blockade is lifted, things will return to normal.” There is some uncertainty as to how demand will evolve over the next few months.” The company’s latest annual report says the outlook for the automotiv...
Detail >
PeteRaphael
Release Time:2024-05-31
High commodity prices pinch Ceat’s Q1 margins, company expects pressure to continue in Q2
The company plans to raise prices on all of its products, for the third time in 2021, starting in July. Tire maker Ceat Ltd reported a consolidated profit of Rs 230 million for the April-June quarter, but could not fully cover costs as high input prices depressed margins. Consumers. In the same period last year, when its operations were blocked, the company lost Rs 350 million. Consolidated revenues for the quarter were 70% higher at Rs 19.06.6 crore year-on-year, but at a lower level. Earnings before income amortization depreciation amortization. (EBITDA) grew 62% YoY to Rs 1.65% crore. However, the EBITDA margin declined by 45 bps to 8.7%. Ceat Managing Director Anant Goenka The company expects margins to remain under pressure for the July-September quarter. It will gradually recover in the subsequent quarters. However, he expects sales to grow significantly in the second half of this fiscal year. “Last quarter was a tough quarter for us. Revenues were up 70% year...
Detail >
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Q
are run flat tyres repairable
PeteRaphael
JudyEliot
Release Time:
July 3, 2024, 12:43 PM
Run-flat tires are designed to maintain their shape and continue to perform for a short period even after experiencing a puncture. However, the repairability of run-flat tires is a subject of debate among manufacturers and automotive professionals. Some manufacturers explicitly advise against repairing run-flat tires, citing the potential structural damage that can occur when they’re driven while deflated. Others may allow repairs under specific conditions, such as the size and location of the puncture. Generally, if a run-flat tire has been driven for an extended period or at speeds above those recommended after a puncture occurs, it is likely to be deemed unsafe for repair. It’s crucial to consult the tire manufacturer’s guidelines or a professional tire repair service to determine whether a run-flat tire can be safely repaired.
0
JosephLeacock
Release Time:
March 21, 2024, 10:01 PM
A leaking tire can usually be repaired. but it depends on the extent of the damage. The tread of a regular tire can usually be repaired if it has small holes. However. if the tire leaks. it may become worse than it can be repaired. Consult a tire expert before beginning any maintenance.
0
Q
how to put chains on tyres
DaveMasefield
PeteRaphael
Release Time:
March 21, 2024, 10:20 PM
To start. position the chains beside the tires and ensure they are properly aligned and free of tangles. Place the chain parallel to the ground with the hook facing up. Carefully slide it halfway under the tire and adjust by slightly moving the vehicle back and forth until it is centered. Begin lifting both sides of the chain onto the tire. making sure it hangs evenly all around. Attach the fasteners inside and outside of the tire as needed. This may require kneeling or lying on the floor. depending on your specific chain type. To double check. drive slowly for about half a mile before stopping to tighten any loose areas. Maintain a safe speed limit of 30-50 mph as stated in your tire chain description. Remember to remove the chains once you reach a clean road surface. as driving with them can cause damage to both your vehicle and the road. These steps may vary depending on your vehicle and type of chain. so be sure to consult instructions or a reliable source for accurate installation...
0
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