Archive · 2 Jun 2025
Continental Tires to Exit Truck & Bus Tyre Segment in India
Imagine a big tire company called Continental.
They make tires for cars and trucks.
Continental has decided to stop making tires for big trucks and buses in India.
They noticed it was getting expensive and hard to sell those tires.
Now, they want to focus on making tires for cars and smaller trucks because they think it's a better way to grow.
The factory that made the truck tires will close.
The company will help the workers who are affected.
This change is part of Continental's plan to do better in the Indian market.
Continental Tires will discontinue its Truck & Bus Radial (TBR) tyre business in India.
The decision is part of a strategic realignment to focus on Passenger Car and Light Truck (PLT) tyres.
The TBR production line at the Modipuram facility in Meerut will be shut down.
The company cited growing cost pressures and market sensitivity in the TBR segment as reasons for the shift.
Continental will offer support to affected employees, including career counseling and job placement.
- Who
- Continental Tires is discontinuing its Truck & Bus Radial tyre business.
- What
- Continental Tires is shutting down its Truck & Bus Radial tyre business in India.
- When
- The timing of the changes is not specified in the article.
- Where
- The Truck & Bus Radial production line at the Modipuram facility in Meerut, Uttar Pradesh, India.
- Why
- Due to growing cost pressures and market sensitivity in the Truck & Bus Radial segment, and to focus on Passenger Car and Light Truck tyres.
- Company
- Continental Tires
- Business Segment Change
- Exit from Truck & Bus Radial tyre business
- Reason
- Growing cost pressures and market sensitivity
- Focus
- Passenger Car and Light Truck tyres
- Location of Production Line
- Modipuram, Meerut, Uttar Pradesh
- Employee Support
- Career counseling, job placement opportunities, voluntary separation schemes