The investment will expand and renovate its tyre plant in Heredia, Costa Rica, adding an additional 160 jobs and increasing production by 36% of its premium tyre range.

Called Fyrqom, the joint venture between Volvo, Qamcom and CEO Roman Iustin will focus on developing automated systems for tyre pressure monitoring in heavy-duty vehicles.

Compared with the Giti GAR820, the GSR236 demonstrates a 30% increase in mileage and wet braking performance, a 20% reduction in noise and improvements in crack, chipping and sidewall protection, enhanced rolling resistance and snow performance.

The bus tyre, 58% of which is made out of sustainable materials, was displayed as an illustration of Michelin’s commitment to replacing its current tyres with 100% sustainable ones by 2050.

ConMet looks to expand into European market.

Continental launch fifth generation of truck tyres for regional transport, the new Conti Hybrid HS5 and HD5.

The German manufacturer launched new lightweight steel wheels, announced a series of forged aluminium wheels, and outlined plans for expanding production capacity at its joint-venture site in Manisa, Turkey.

The tyre manufacturer plans to plant up to 25,000 acres in the southwestern USA with guayule, a sustainable source of natural rubber.

Phase 2 expansion of the facility will double the company’s production capacity for passenger car and light truck tyres in the U.S. to 11 million units a year, and Phase 3 will introduce a further 1 million Truck Bus and Radial tyres annually.

Maxion Wheels has joined the Aluminium Stewardship Initiative (ASI) and ResponsibleSteel, not-for-profit organisations which aim to establish global standards and certification for the sustainable sourcing and production of aluminium and steel respectively.

The South Korean tyre manufacturer showcased its new hot retreading space, which takes up around 2,000 square metres of the 15,000-square-metre site in Hammelburg

The company is recruiting more than 60 new employees at the plant, following recent growth in its wheels business.