The global wheel manufacturing space is undergoing a steady shift from steel wheels to aluminium wheels. Brazil-headquartered Maxion Wheels has been at the forefront of this shift, and in order to cater to the Indian market demands, it had recently laid the foundation of an aluminium wheel plant at Pune that is expected to be up and running by 2019. Auto Tech Review caught up with Pieter Klinkers, CEO, Maxion Wheels to know about Maxion Wheels’ global presence and new focus areas.
Give us a brief understanding about Maxion Wheels’ existing business verticals?
Maxion Wheels basically operates three business segments – steel wheels for cars, aluminium wheels for cars and steel wheels for trucks. All these three units have different volumes but more or less same sales turnover. Globally, demand for aluminium wheels is much higher than steel wheels; its penetration at about 68 %. We produce 26 mn steel wheels and 15 mn aluminium wheels for cars, and 9 mn steel wheels for trucks annually. Aluminium truck wheels are a new focus area for us and we intend to grow in that space as well.
This story is from the April 2018 edition of Auto Tech Review.
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This story is from the April 2018 edition of Auto Tech Review.
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