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CEAT CAR TYRE
Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...- CEAT looks to strengthen play in premium car tyre segmentTyre manufacturer CEAT Ltd aims to strengthen its presence in the premium ultra-high performance and luxury four-wheeler tyre segment, anti...
- Ceat to acquire Michelin's Camso brand for USD 225mnCamso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins...
- Bombay HC grants temporary relief to CEAT in case against Apollo Tyres’ adsThe Bombay High Court has ordered Apollo Tyres to halt advertisements that allegedly disparage CEAT Ltd’s ‘Crossdrive AT’ tyres. The court ...
- Ceat commissions new line at Chennai plant to produce truck, bus radial tyresCeat has inaugurated a new production line for truck and bus radial tyres at its Chennai plant. This expansion will gradually reach a capac...
- CEAT sees 25% revenues coming from exportsAs part of a plan to accelerate exports, the RPG Group company plans to enter PCR and truck & bus radial (TBR) segment of the US market by ...
- Ceat Q3 results: Co reports loss at Rs 20 cr as soaring commodity prices hurt marginsConsolidated revenue grew by 9 per cent year-on-year to Rs 2,413 crore. However, input material costs grew at a much faster rate of 24 per ...
- Tyre maker Ceat all set to roll into best-ever sales in H2The company's new car tyre plant at Chennai has become operational and was being “well-utilised”, giving it further headroom to grow, Anant...
- Cars24 hires Kunal Mundra as CEO Cars IndiaMundra will be responsible for the company's car business in India, while closely working with the co-founders to devise expansion strategy...
- CEAT Shoppes outlets to act as full-fledged customer service centresCustomers can avail claim resolution and replacement within minutes through the on-spot claim resolution service, it said, adding that thro...
- Ceat expedites investment in capacity as tyre demand makes a sharp recoveryThe RPG Group-owned tyre maker will invest about Rs 1,200 crore to increase production capacity over the next 18-24 months, as part of a fo...
- Tyre firms upbeat about demand for replacementsTyre makers are upbeat about the demand stemming from the replacement of tyres in the second quarter and reckon that original equipment (OE...
- CEAT unveils tyre factory in Tamil NaduThe plant can roll out 28,500 passenger car radial tyres and 2,500 motor-cycle radial tyres a day. An investment of Rs 1,400 crore has been...
- Ceat lines up Rs 3,500 crore capex to ramp up production capacityThe RPG Enterprise flagship firm said it has already put in capital to expand its Halol plant.
- Robust sales figures from Apollo and Ceat lift tyre stocksApollo said it registered month-on-month gain in volume in November across categories surprising the Street.
- Amansa Holding hikes stake in Ceat to over 5 per centAmansa has acquired 4,75,000 shares of the tyre maker constituting 1.17 per cent stake, thereby taking its overall stake in the firm to 5.1...
- Ceat Q2 net profit up 30% at Rs 107 croreTyre maker Ceat today posted 30.41 per cent increase in consolidated net profit at Rs 107.4 crore for the second quarter ended September 30.
- Ceat Q2 profit at Rs 77 cr; to invest Rs 650 crore on Halol plantThe company is planning to invest Rs 650 crore to expand its Halol-based manufacturing facility. Its Sri Lankan operations too apparently c...
- Ceat Tyres registers Rs 41.5 crore as net profit for fourth quarterBuoyed by a good product mix and softening rubber prices, the RPG Group's Ceat Tyres returned to making profits by registering Rs 41.5 cror...
- Ceat to demerge, relist as two cosCeat, an RPG group company, is demerging its tyre and investment portfolio business into a separate company.
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