Nokian re-opens Russia factory
Production at the Nokian Tyres’ Russian factory in Vsevolozhsk re-launched on Monday 6 April 2020. According to the company, the restrictions adopted by the the Russian presidential decree dated 2 April 2020 extending the non-working regime until the end of April, do not apply to Nokian’s Vsevolozhsk factory. This is said to be because “as it is a continuously operating enterprise…it is thus allowed to continue normal operations”.
Continue ReadingJATO Dynamics appoints new CEO
JATO Dynamics, which provides global automotive data, has David Krajicek as its CEO, effective 13 April 2020. Dr Krajicek has over 25 years’ experience. He joins from GfK where he had been at the helm as CEO of GfK Research since 2017.
Continue ReadingDayco invests in new Brazilian campus
Dayco will open a new South American plant in Indaiatuba, Brazil. The engine products and drive systems supplier says the new plant will improve the company’s distribution, production and technological capabilities in South America and support its fast-growing aftermarket business in the region.
Continue ReadingAuto industry will look to China for rebound insights – GlobalData
As the Chinese Government announces it will maintain subsidies for electric vehicles and plug-in hybrids, an indication that it will support the industry in recovery, David Leggett, automotive analyst at GlobalData, says all eyes will be on China, being the first country hit by the crisis and the first to attempt to navigate a way out.
Continue ReadingCooper Tires extends North America production pause
Cooper Tire & Rubber Company announced on Friday that its tyre manufacturing plants in North America will remain shuttered for at least another two weeks. The company began closing down its Findlay, Clarksdale, Tupelo and Texarkana facilities in the USA and El Salto plant in Mexico on 21 March and intended to shut them down for two two three weeks. It says the production pause is being extended both to protect the health and safety of employees and as a response to decreased market demand. Cooper will continue to closely monitor the situation and adjust timing as necessary.
Continue ReadingUK new car sales fell 44.4% in March due to coronavirus
The UK new car market declined -44.4 per cent in March, according to the Society of Motor Manufacturers and Traders (SMMT). 203,370 fewer cars were registered than in March 2019, as showrooms closed in line with government advice to contain the spread of the coronavirus.
Continue ReadingMichelin managing partners take 25% pay cut
Michelin’s managing partners, the executive committee as well as the chairman and independent members of the supervisory board have agreed to reduce their remuneration. The announcement comes in the context of the coronavirus crisis that has caused a noticeable slowdown in the activities of the Michelin Group and which has led to some employees having to undergo partial unemploym
Continue ReadingOmni United sending 20,000 masks to UK, Italy and Germany
Singapore-based tyre designer and distributor Omni United has enacted a Covid-19 Assistance initiative, which includes sending over 20,000 protective masks to its business partners in Europe for them to use and/or distribute in their local communities. The team at Omni United is also researching and compiling a database of all governmental financial and fiscal help that is available and some guidance on how to access it as many small business owners may find it difficult to find the information and the practical ways to avail these benefits.
Continue ReadingAutomechanika Dubai postponed to October
The 18th edition of Automechanika Dubai, which was scheduled to run from 7-9 June 2020, will now take place from 19-21 October 2020 at the Dubai World Trade Centre. The postponement comes in response to the Covid-19 pandemic, as containment measures restrict movement across international borders, and impact the global economy.
Continue ReadingCoronavirus making its presence felt in rubber markets
Growers, suppliers and manufacturers of both natural and synthetic rubbers are feeling the impact of the COVID-19 pandemic, with demand for both commodities decreasing significantly in the first quarter of 2020.
Continue ReadingInsolvency proceedings begin for 7 Fintyre Group companies in Germany
Insolvency proceedings begin for 7 Fintyre Group companies in Germany
Continue ReadingDavanti unveils wave of new product, partnership news at first conference
Davanti marked its fifth anniversary with its first international dealer conference at the end of February. The tyre brand hosted more than 150 attendees by Everton Football Club’s Goodison Park, where it’s development director Gary Cross took the opportunity to announce its upcoming products, including range extensions and what might be called the second generation of Davanti tyres given the new naming conventions first introduced in the Wintoura winter tyre and Terratoura all-terrain 4x4 tyre ranges. Davanti sales director for UK and Ireland Sean Maddocks also presented observations on tyre markets, the development of the brand’s global dealer network over the past five years, and its commercial partnerships including the renewal of its official brand partnership with Everton FC.
Continue ReadingLamborghini producing surgical masks and medical shields
Lamborghini is converting part of its production plant in Sant’Agata Bolognese in order to produce surgical masks and protective medical shields for the Sant’Orsola-Malpighi Hospital in Bologna, which is involved in the fight against the Covid-19 pandemic, in collaboration with the University of Bologna. The Department of Medical and Surgical Sciences will oversee validation testing of the medical devices made by Lamborghini, prior to their delivery to the hospital.
Continue ReadingNexion Group extends suspension of work until 5 April
The Nexion Group, best known as the manufacturer of the Corghi brand of garage equipment, has extended the suspension of work in its Italian factories and offices for a second week, up to 5 April. The decision comes in compliance with the Italian government’s 25 March decree, implementing “urgent measures to deal with the epidemiological emergency from COVID-19.”
Continue ReadingTriangle’s four tyre factories in China at 90%
Triangle Tyre is reporting that its four manufacturing plants in China are now back to operating at 90 per cent after the Chinese New Year and coronavirus shutdown.
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