Marangoni cuts ContiTread ties in the Americas

Marangoni and Continental have ended their ContiTread partnership – at least in the Americas. In a joint statement, Continental Tire the Americas and Marangoni Tread North America explained that Marangoni will no longer manufacture ContiTread products for markets in the Americas, a move that will give both companies the scope to pursue their own growth goals within the region. The decision does not apply to cooperation between Continental and Marangoni in other global regions, the statement added.