• menu icon
cens logo

Kenda Tires May Merge Family-owned Businesses in U.S.

(2012/10/24)

Taipei, Oct.24, 2012 (CENS)--To achieve resource integration, Y.M. Yang, chairman of Kenda Tires Co., said the firm may merge the seven family-owned enterprises or operation bases to expand business scale. Yang’s businesses in the U.S. have about 500 employees, generating in 2011 NT$6 billion (U


2012 Taipei AMPA and AutoTronics Taipei set new records

(2012/10/12)

For four days record numbers attended the two shows that offered nearly everything about auto parts and accessories. The 28th Taipei International Auto Parts & Accessories Show (Taipei AMPA 2012) and the seventh International Automobile Electronics Show (AutoTronics Taipei) were held jointly at the


Kenda Targets NT$50 B. (US$1.67 B.) in Revenues by 2016

(2012/10/08)

Taipei, Oct.8, 2012 (CENS)--Y.M. Yang, chairman of Kenda Tires Co. in Taiwan, announced at the company’s 50th anniversary to generate revenues of NT$50 billion (US$1.67 billion) by 2016, pushing the maker from 27th to top-20 globally as ranked by Tire Business, an information provider of global tir


Taiwanese Tire Makers Again Raise China-to-USA Exports

(2012/09/28)

Taipei, Sept.28, 2012 (CENS)--With the expiry at the end of Sept. of the China-USA Tire Special Safeguard Agreement to again allow massive exports to the U.S., Taiwanese tire makers including Cheng Shin Rubber Co. and Kenda Tires Co., running plants in Taiwan and China, will raise exports from Chi


Hwa Fong of Taiwan Ties Up with Continental in Motorcycle Tire Biz

(2012/09/26)

Taipei, June 22, 2012 (CENS)--Hwa Fong Rubber Ind., Ltd., a major tire maker in Taiwan, recently signed an agreement with Continental AG of Germany to be the local agent of Continental motorcycle tires. Continental is a renowned brand globally and Europe's No. 1 brand of motorcycle tires. Chen


China-U.S. Trade Conflict May Benefit Taiwan’s OE Auto-Parts Trade

(2012/09/26)

Taipei, Sept. 26, 2012 (CENS)--With the Obama government complaining to the World Trade Organization (WTO) of China's subsidizing its auto-parts makers’ exports to the United States, Taiwanese parts suppliers may win increasing original equipment (OE) orders from American automakers, according to


Tire Maker Cheng Shin of Taiwan Jumps to Globally 9th

(2012/09/17)

Taipei, Sept.17, 2012 (CENS)--Cheng Shin Rubber Ind. Co. ranked globally ninth with revenues of US$4.268 billion in 2011, supplanting Cooper Tire & Rubber Company, the second largest globally U.S.-based maker, said Tire Business, an information provider of global tire markets. Four other tire


Cheng Shin and Kenda Suffer from Increasing Raw Material Cost

(2012/09/06)

Taipei, Sept.6, 2012 (CENS)--The price of natural rubber remains low, thanks to the European debt crisis and global economic uncertainty, and to keep the price from falling further the three biggest source countries recently announced cuts in exports. This move may be good for rubber producers but


Unitycoon Co., Ltd.--Roof carrier, body moulding, body kits, performance bumper, radiator grilles, spoilers,

(2012/09/05)

Founded in 1984, Unitycoon Co., Ltd. is one of the most veteran developer, innovator, and manufacturers of a wide range of auto accessories in Taiwan. The ISO 9002-certified maker globally markets its quality products under its reputed "UNCLE" own-brand, and also provides items on the OEM/ODM basis


Many Auto-Parts Makers in China Rely on M&A to Go Global--Much effort awaits makers to turn out high-tech-content parts

(2012/08/29)

The auto-parts industry in China has grown rapidly in the past one decade or so, with export value soaring from US$1.63 billion in 2001 to US$52.2 billion in 2011. Auto parts now play a bigger part to generate China's automotive-related revenue, while China-made parts make up for increasingly hig


Auto-Parts Makers Talk About Plans at 2012 Taipei AMPA and Autotronics Taipei--One maker offers wide ranging lamps to Korean makes and models

(2012/08/29)

At the 2012 Taipei Int'l Auto Parts & Accessories Show (Taipei AMPA) and Taipei International Automobile Electronics Show (AutoTronics Taipei), held April 11-14 in Taipei and the largest automotive parts show in Asia, global visitors generally expect and do find a host of suppliers capable of meeti


Auto Industry Updates--China Reviewing Whether to Restart its

(2012/08/29)

The National Development and Reform Commission (NDRC) is considering resuming the "Clunker for Cash" policy to revive China's bleak auto market. This policy was first introduced in 2009 to encourage people to buy new cars. The "Clunker for Cash" and "Go Countryside" are two of a series of m


Kenda’s After-tax Profit Up 9.72% QoQ in Second Quarter

(2012/08/27)

Taipei, Aug. 27, 2012 (CENS)--Kenda Rubber Ind. Co., Ltd., a tire maker in Taiwan, posted first-half financial report recently showing after-tax profit in the second quarter of NT$ 524 million (US$ 17.46 million), up 9.72% quarter on quarter (QoQ). Since Kenda increased capitalization to NT$ 7.3


Brand Taiwan Comes of Age--With their OEM markets under siege, tool manufacturers are betting on a branded future

(2012/08/22)

A brand is a symbolic embodiment of all the explicit information connected to a company's name, products or services, and often represents implicit values, ideas and personality. Building a brand is a go-to-market strategy that, when successful, can create expectations and associations between own-


Cheng Shin and Kenda of Taiwan Boost Capacity of Motorcycle Tire

(2012/07/31)

Taipei, July 31, 2012 (CENS)--The two leading tire makers in Taiwan, Cheng Shin Rubber Co., and Kenda Tires Co., both expanded production capacity of motorcycle tires in China and Vietnam recently. Cheng Shin, the world’s largest maker of motorcycle tires with daily capacity of over 120,000 motorcy


Cheng Shin, Kenda to Gain Steam on China’s Stable Market for Tire

(2012/07/18)

Taipei, July 18, 2012 (CENS)--With the Chinese government’s new industry regulations triggering a trend for mergers among local tire makers, which is expected to cease price competition to stabilize China’s tire market, the Taiwan-based Cheng Shin Rubber Co. and Kenda Rubber Industrial Co. are expe


Cheng Shin to Set Up PCR Tire Factory in India in 5 Years

(2012/06/21)

Taipei, June 21, 2012 (CENS)--Cheng Shin Rubber Ind. Co. Ltd., a major tire maker in Taiwan, plans to set up a factory in India over the next five years, having set up a foothold there in 2011 and plans to establish a branch office this year, to directly serve established customers and sales chann


Kenda Rubber of Taiwan Plans New Tire Factory in Huizhou, China

(2012/06/19)

Taipei, June 19, 2012 (CENS)--Kenda Rubber Ind. Co., Ltd., a major tire maker in Taiwan, recently announced plans to buy 700 acres in Huizhou, Guangdong Province, China as well as invest about NT$10 billion (US$333.3 million) to set up a new factory, as publicized by Yang Ying-ming, the chairman, a


Gov`t Mandates in U.S., Europe to Drive Automotive MEMS Market Growth: IHS iSuppli

(2012/06/15)

Taipei, June 15, 2012 (CENS)--Bosch GmbH of Germany remained the world's top supplier of automotive micro electromechanical systems (MEMS) in 2011, according to an IHS iSuppli. Booking US$625 million in revenue in 2011, up 19% from US$524 million in previous year, Bosch outpaced the 14% growth o


Russia’s WTO Entry Attracts Attention of Makers of Cars and Tires

(2012/06/01)

Taipei, June 1, 2012 (CENS)--Russia will become a World Trade Organization (WTO) member by the end of 2012, and offer duty reductions to vehicle and parts makers as soon as in six years. Russia's entry into the WTO has attracted attention from global automakers, with local tire makers saying t


Tire Makers Cheng Shin and Kenda Eye Revenue Peaks in Q2

(2012/05/31)

Taipei, May 31, 2012 (CENS)--Thanks to falling upstream material prices, booming sales in China, and strong demand in the U.S., two Taiwanese tire makers' operation are expected to hit new peaks in the second quarter. Statistics compiled by the National Bureau of Statistics (NBS) of China show t


Taipei Int’l Cycle Show Holds 1st TAIPEI CYCLE d&i Awards

(2012/05/30)

The 25th Taipei International Cycle Show (TAIPEI CYCLE 2012), held March 7-10, also staged the first-time the TAIPEI CYCLE d&i Awards. Hosted by the TAITRA (Taiwan External Trade Development Council) and the TBEA (Taiwan Bicycle Exporters' Association), and organized by the iF Taiwan of iF Int


Taiwanese TPM Suppliers See Bright Prospects on Growing Market Demands

(2012/05/11)

Taipei, May 11, 2012 (CENS)--As market demand for new replacement surges along with global regulations on compulsory installation of TPMs (tire pressure monitors) in new cars, Taiwanese suppliers of such products are expected to ride on the boom to enjoy strong business growths in the short term.


Mobiletron Joins Chinese Carmakers’ Supply Chains

(2012/05/07)

Taipei, May 7, 2012 (CENS)--Following the footsteps of its Taiwanese peers having built OEM (original equipment manufacturing) partnerships with local carmakers in China, Mobiletron Electronics Co., Ltd., a large-sized supplier of auto electronics, has also tapped two Chinese carmakers’ supply chai


Cheng Shin to Achieve Double-digit Growth in Combined Revenue for 2012

(2012/04/16)

Taipei, April 16, 2012 (CENS)--Buoyed by increased output along with simmering market demand, Cheng Shin Rubber Co., Taiwan’s largest tire maker by revenue, is widely believed to achieve a double-digit growth in its combined revenue this year, according to institutional investors. The investors


Taiwan Auto Part Exports Grow 7.9 % to Record High in 2011

(2012/04/10)

Taiwan auto parts exports grew 7.9% in 2011 to a new high of NT$184.8 billion (US$6.16 billion) despite the global recession causing fluctuating uncertainties. In 2010 the island's auto parts export sales increased 22.6%. Auto parts export sales have grown every year in the past eleven years exc


Yellowspeed Racing Co., Ltd.--Performance shock absorbers, big brake kits, body kits, spacers, camber kits etc.

(2012/04/10)

Founded in 2003, Yellowspeed Racing Co., Ltd. specializes in supplying high-level performance automotive parts, including performance shock absorbers, big brake kits, body kits, spacers, camber kits etc. The company recently launched the Yellow Speed Dynamic Pro Drift version of top-end shock a


Cheng Shin Rubber Builds Four Plants in Taiwan and China to Raise Capacity

(2012/04/05)

Taipei, Oct. 24, 2011 (CENS)--Cheng Shin Rubber Ind. Co. Ltd., a major tire manufacturer in Taiwan, recently said that it is constructing four new plants, including three in China and one in Taiwan, which will be completed and kick off production in turn by the end of 2011. With facilities also


China’s Auto-parts Remanufacturing Emerges with Potential

(2012/04/05)

At the Progress Meeting of Auto Parts Remanufacturing Project hosted by the China Association of Automobile Manufacturers (CAAM) on March 2, 2012 in Beijing, Ye Shengji, deputy secretary general of CAAM, said remanufacturing is a strategic, emerging industry in China slated for special development,


Cheng Shin Rubber to Post 25% Increase in 2012 Sales

(2012/03/20)

Taipei, March 20, 2012 (CENS)--Due to strong demand for automotive tires globally, Cheng Shin Rubber Ind. Co. of Taiwan will see consolidated sales hit NT$150 billion in 2012, up 25% year-on-year. The company will invest NT$20 billion to expand production capacities in Taiwan and China, which wi