![Continental offices raided in emissions scandal investigation](https://www.tyrepress.com/wp-content/uploads/2020/07/Polizeifahrzeug-Vito.jpg)
Continental offices raided in emissions scandal investigation
On Wednesday (July 1, 2020), the public prosecutor and Police searched various Continental locations in Hanover, Frankfurt and Regensburg. The searches are related to investigations into the so-called defeat device used by Volkswagen in its diesel engine emissions management system.
Continue Reading![Nexen names Edwin van der Stad vice president OE Europe](https://www.tyrepress.com/wp-content/uploads/2020/07/Nexen-Tire-klein.jpg)
Nexen names Edwin van der Stad vice president OE Europe
Dutchman Edwin van der Stad has been appointed as vice president OE Europe at Nexen Tire. Van der Stad brings 30 years of experience and premium level OE management with him to the Korean tyre manufacturer. Prior to joining Nexen, van der Stad spent many years with Bridgestone. Van der Stad’s new role took effect in March.
Continue Reading![Workers leave Michelin Dundee factory for final time](https://www.tyrepress.com/wp-content/uploads/2014/12/dundee.jpg)
Workers leave Michelin Dundee factory for final time
Workers at Michelin’s Dundee plant are leaving for the final time today as the manufacturer ends its half-century of operations in the city. The final Dundee-made Michelin tyre was produced on 23 March, as the Coronavirus pandemic interrupted the planned closure of the site. The Unite union agreed to the early end to production, with Michelin honouring all wage commitments until the final closure date, 30 June. The 2018 decision to close the factory was informed by the rapid increase in consumers’ preference for lower-cost alternatives within the smaller size range the factory was equipped to produce. Michelin supported efforts to find employment for staff at the factory, including the relaunch of Michelin Development, which aimed to create hundreds of jobs in Dundee and Angus.
Continue Reading![Conti: Corona bridge concept will save jobs](https://www.tyrepress.com/wp-content/uploads/2020/06/Reinhart-Dr.-Ariane.jpg)
Conti: Corona bridge concept will save jobs
First, analysts warned in mid-May that Conti’s R&D budgets and European tyre factories could face cuts. Then the Hannover-based tyremaker responded by saying it is “intensively” monitoring European tyre demand and production. By June the CEO was warning staff of job cuts. Nevertheless, despite such clear challenges facing the wider automotive industry and beyond, the company is still advancing innovative solutions to the very complex problem. Colleagues at our German sister-publication, Neue Reifenzeitung, which can be found online at reifenpresse.de, found that the so-called “Corona bridge” concept is at the forefront of Conti’s work to address the adverse conditions and save jobs.
Continue Reading![Shares in Hankook rally as Cho Hyun-bum becomes largest shareholder](https://www.tyrepress.com/wp-content/uploads/2020/04/Cho-Hyun-Bum.jpg)
Shares in Hankook rally as Cho Hyun-bum becomes largest shareholder
Chairman Cho Yang-rai has sold his 23.59 per cent stake in Hankook Technology Group Co Ltd to his son Cho Hyun-bum. The sale makes the chief executive the largest shareholder of the parent company of South Korea’s largest tyre manufacturer, with around 42.9 per cent.
Continue Reading![French football league takes on BKT name](https://www.tyrepress.com/wp-content/uploads/2020/06/BKT.jpg)
French football league takes on BKT name
Ligue de Football Professionel (LFP), the body which governs the French football leagues, officially presented the new identity of the 2020/21 Ligue 2 season this month. And, from 1 July 2020 it will be called Ligue 2 BKT. The title sponsorship agreement runs through to June 2024.
Continue Reading![Yokohama Europe puts European distributors under Hiroyuki Shioiri’s chairmanship](https://www.tyrepress.com/wp-content/uploads/2020/06/Hiroyuki-Shioiri-scaled-e1593599258691.jpg)
Yokohama Europe puts European distributors under Hiroyuki Shioiri’s chairmanship
The Yokohama Rubber Co., Ltd., has expanded Hiroyuki Shioiri’s responsibilities for companies across Europe including Yokohama HPT in the UK. Effective 1 July 2020, is now Hiroyuki Shioiri Officer, President of Yokohama Europe GmbH, Chairman of Yokohama Reifen GmbH, Chairman of Yokohama Scandinavia AB, Chairman of Yokohama H.P.T. Ltd., Chairman of Yokohama Iberia, S.A., Chairman of Yokohama France S.A.S., President of Yokohama Austria GmbH, President of Yokohama Danmark A/S, President of Yokohama Suisse SA, President of N.V. Yokohama Belgium S.A. Prior to this appointment Hiroyuki Shioiri was Officer, Head of Corporate Planning Div., Chairman of Yokohama Europe GmbH.
Continue Reading![Bridgestone buys iTrack Solutions from Transense Technologies](https://www.tyrepress.com/wp-content/uploads/2020/06/otr-mining-vehicle-itrack-bridgestone-scaled.jpg)
Bridgestone buys iTrack Solutions from Transense Technologies
Bridgestone has bought iTrack, which provides tyre management solutions for the off-the-road (OTR) market, from UK-based Transense Technologies Plc. All employees of the iTrack Solutions business will join Bridgestone as part of the acquisition. No financial details have been released.
Continue Reading![Erich Fric becomes Goodyear managing director consumer Europe Central](https://www.tyrepress.com/wp-content/uploads/2020/06/Fric-Erich.jpg)
Erich Fric becomes Goodyear managing director consumer Europe Central
Following the news that The Goodyear Tire & Rubber Company has appointed ex-Brisa and Bridgestone executive Hakan Bayman as president of Goodyear’s consumer tyre business in Europe, it has emerged that former Goodyear Dunlop UK MD, Erich Fric has been appointed as Goodyear managing director Europe Central. Both appointments are effective 1 July 2020.
Continue Reading![Goodyear names Hakan Bayman as president of European Consumer Business](https://www.tyrepress.com/wp-content/uploads/2020/06/Bayman-Hakan-klein-.jpg)
Goodyear names Hakan Bayman as president of European Consumer Business
The Goodyear Tire & Rubber Company has appointed ex-Brisa and Bridgestone executive Hakan Bayman as president of Goodyear’s consumer tyre business in Europe, effective 1 July 2020. Bayman will be based in Brussels and report directly to Chris Delaney, president Goodyear EMEA.
Continue ReadingBMW, Mercedes reset autonomous drive collaboration due to COVID-19
BMW and Mercedes-Benz have announced that they are putting their autonomous drive technology collaboration on hold. David Leggett, automotive analyst at data and analytics company GlobalData, comments on the news: The two companies cited the cost of developing a new next generation shared autonomous drive technology platform, as well as current business and economic conditions, as reasons for putting the cooperation on hold.
Continue Reading![Michelin become BNP Paribas Rental Solutions preferred tyre supplier](https://www.tyrepress.com/wp-content/uploads/2020/06/426-Michelin-BNP-Paribas-Rental-Solutions-1200x797-1.jpg)
Michelin become BNP Paribas Rental Solutions preferred tyre supplier
Michelin has signed a new tyre supply agreement with one of Europe’s largest asset finance, leasing and rental specialists. The tyre manufacturer’s Services & Solutions division will supply all tyres to BNP Paribas Rental Solutions’ UK fleet. It will also fully manage the nationwide fleet of specialist mission-critical vehicles. Its vehicles have individual policies tailored to meet the needs of BNP Paribas Rental Solutions’ customers.
Continue Reading![Menegaux: Further Michelin and Continental JVs and acquisition collaborations ‘possible’](https://www.tyrepress.com/wp-content/uploads/2020/06/Menegaux-Florent_tb.jpg)
Menegaux: Further Michelin and Continental JVs and acquisition collaborations ‘possible’
Michelin CEO Florent Menegaux has suggested about further collaboration with fellow leading tyre manufacturer and automotive supplier Continental. The French and German companies have cooperated on the Eurofit wheel business since the 1990s and entered into the Rubberway supply chain joint venture in September 2019.
Continue Reading![Euro Car Parts becomes ‘LKQ Euro Car Parts’](https://www.tyrepress.com/wp-content/uploads/2020/06/LKQ-logo.png)
Euro Car Parts becomes ‘LKQ Euro Car Parts’
The Euro Car Parts and Andrew Page businesses are to rebrand as ‘LKQ Euro Car Parts’. LKQ Euro Car Parts says the decision reflects its position as a leading business in the UK and European aftermarket sectors with the largest network of outlets, the best technical expertise, widest product choice and most competitive prices. All branches will move under the new LKQ Euro Car Parts banner as part of a phased roll-out, and all employees will now gain access to the same information and systems.
Continue Reading![Britishvolt appoints Charles Morgan to advisory board](https://www.tyrepress.com/wp-content/uploads/2020/06/CM.jpg)
Britishvolt appoints Charles Morgan to advisory board
Britishvolt has appointed automotive specialist Charles Morgan, to both its advisory board and board of directors, as a non-executive director. Charles Morgan, whose grandfather founded world-renowned British brand Morgan in 1909, combines his automotive heritage with a deep global industry knowledge, and a passion for a sustainable, green future. In his new role, he will become a valuable contributor in guiding Britishvolt to realising the full potential of the UK automotive supply chain. Considering his experience in automotive production, the news is reminiscent of earlier analysis that gigafactory battery production could be poised to replace lost OE vehicle construction in the UK post-Brexit and now in the post-corona context.
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