Ferrari CEO Benedetto Vigna has pushed back against criticism of the brand’s first all-electric model, the Luce, insisting that customer interest remains robust. Speaking to Reuters, Vigna revealed that deposits have already been placed for the €550,000 ($641,000) EV, with orders … Read more
Lotus has scrapped its plan to go all-electric, confirming that future models will feature brand-new V6 and V8 engines developed by Horse, a 50:50 joint venture between Geely and Renault. The new powertrains will debut in hybrid versions of the Emira … Read more
Trelleborg Medical Solutions has broken ground on an expansion and remodelling project at its innovation centre in Delano, Minnesota. The project aims to increase capacity and shorten development cycles for medical device customers. The expansion includes 4,180 sq. m. of new … Read more
Nissan’s Irish division has turned online chatter comparing its third-generation Leaf to Ferrari’s debut electric car, the Luce, into a playful social-media moment. Posting the two EVs side-by-side on Facebook and Instagram, the brand cheekily thanked Ferrari for the “flattery,” echoing … Read more
The global rubber and tire sector saw mixed performance over the past week, with share prices fluctuating among major manufacturers. Bridgestone’s stock rose 2.0% to ¥3,392, while Goodyear gained 3.2% to $6.07. Hankook climbed 1.9% to KRW63,000, but Michelin dipped 1.4% … Read more
French tyre giant Michelin has unveiled plans for a voluntary workforce adaptation programme in France that could impact up to 1,500 positions over three years. The move is framed as a cost-cutting and operational simplification initiative, with the company citing an … Read more
Mitsubishi has officially confirmed the revival of its legendary Pajero and Montero nameplates, both discontinued in 2021. The all-new Pajero will debut this fall as a proper off-roader built on a ladder-frame chassis derived from the Triton pickup. The Montero name … Read more
The May 2026 edition of the ERJ Business Briefing highlights a series of major commercial and market shifts across the global tire and rubber industries. Indian tire manufacturer JK Tyre reported its highest-ever annual consolidated revenue of $1,746 million for fiscal … Read more
Process oil specialist Ergon has validated its NuovoPrene recycled oil portfolio as a direct replacement for conventional mineral oils in rubber compounding, delivering performance parity across EPDM, SSBR and ESBR formulations. Using industry-standard vulcanization, viscoelastic, tensile and dynamic mechanical tests—plus OAN … Read more
Japanese industrial rubber and parts supplier Fukoku Co. Ltd has posted lower profits for the fiscal year ended 31 March, blaming soaring raw material, labour and energy costs for eroding gains from productivity improvements and pricing strategies. Full-year sales edged up … Read more