Dr. Paolo Masera New Boss Of Pirelli Reifenwerke
From the 1st January, Dr Paolo Masera (58) took over the responsibilities from his predecessor Dr. Wentz, who is the same age. A few years ago, Dr. Masera was Managing Director of Pirelli UK.
Continue ReadingFinelist In Bid Rumours
There are rumours that an unnamed rival from continental Europe is to make a takeover bid for Finelist, the UK-based distributor of car components. Finelist has 40,000 trade customers and, during the last financial year, made pre-tax profits of £26.3 m (Euro 43.6 m) on a turnover of £483 m (Euro 801 m).
Continue ReadingGlobal Car or Not?
Opinions differ: In many of their components American and European cars - as can be seen at the Detroit Motor Show – seem to be becoming more like each other. The advance in pick-ups and vans in the USA and the boom in the small(est) cars in Europe, but much more in Japan, however, leaves room for doubt that the recurring theme of the global car is a real possibility mid-term.
Continue ReadingMercedes and Vergölst
Especially for Mercedes-Benz customers buying new commercial vehicles Vergölst offers a breakdown service all through the night for a fixed price.
Continue ReadingKiekert and Phoenix Stay In German MDAX
Contrary to rumours, Kiekert and Phoenix, two German automotive suppliers, will remain among the top 110 German companies in the MDAX.
Continue ReadingVredestein To Produce Bicycle Tyres In Malaysia
Vredestein BV has announced an imminent joint venture with Fung Keong Rubber Manufactory in Malaysia, for the production of bicycle tyres. Production will take place at a new local site. Ian Wilson, Managing Director, Vredestein UK informed TYRES & ACCESSORIES The new venture with Fung Keong represents a step forward in the right direction and highlights our policy of continually exploiting lucrative market opportunities.
Continue ReadingHans J. Rupp At Hofmann
Hans J. Rupp has been appointed Director of Sales worldwide at Hofmann Werkstatt-Technik (Pfungstadt/Germany).
Continue ReadingMichelin Mourns For Pascal Hoffmann
Aged only 40, Pascal Hoffmann, responsible for truck tyre aftermarket business in Germany, has died unexpectedly. From 1995 until 1997 Hoffmann headed Michelin Austria, he joined the French tyre maker in 1986.
Continue ReadingJapanese Car Production Falls
For the first time in 21 years, car production of the eleven Japanese manufacturers 1999/2000 (March 31) fell below ten million due to the weakness of exports.
Continue ReadingDeath Of The Son Of General Tire’s Founder
John ONeil, for many years a Director of General Tire & Rubber – the company his father and tyre pioneer William ONeil founded – died on 5th April, aged 82.
Continue ReadingMore Capacity At Michelin’s Thailand Plant
The Michelin Siam group is investing US$ 100 million to increase annual plant capacity from 2.9 million passenger and SUV tyres to 6 million, within two years.
Continue ReadingElement Of Surprise In Tokyo And Hanover
The Bridgestone Group seems to be surprised by the Joint-Venture of Goodyear and Michelin regarding the PAX and Run Flat Technologies. The Group is studying and analysing the project. Somebody, who does not want to be named, said there was also surprise in Hanover when a French colleague or competitor called a few days before the announcement.
Continue ReadingAquatred 3 By Goodyear
At the beginning of the 90s Goodyear had great success – especially in USA – with its aquachannel tyre Aquatred. Now the tyre manufacturer launches in North America the dual-aquachannel tyre Aquatred 3 with greater dry traction performance and an 80,000-mile treadlife Warranty. The all-season tyre will be introduced initially in 18 popular T-rated sizes.
Continue ReadingRecycling System From Tirex Corp. Canada For China
Well Express International (Hong Kong) is to purchase The Tirex Corp. Canadas (Montreal) patented cryogenic tyre recycling system TCS-1 for approximately 2.25 m US-$. Both companies signed a Memorandum of Understanding to market, sell and possibly manufacture TCS-1 in the Peoples Republic of China.
Continue ReadingSix Percent More For Continental Tyres
Continental Commercial tyre prices increased by seven percent in August. Effective 1st November, prices for passenger car tyres (summer and winter) and light truck tyres are to rise six percent. Higher costs for raw materials, oil and chemicals, as well as more expensive energy and distribution costs, are the reasons for this decision. The company cannot continue to absorb rising costs without passing them on. The retailers situation is comparable. Our decision provides an opportunity for the retailers to improve the gross profit in their own field, Jescow von Puttkamer told NEUE REIFENZEITUNG.
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