Waiting for Keegan – Goodyear is lacking life
Robert J. Keegan (53), one time top manager with Kodak, assumed the position as Goodyears‘s president and chief operating officer in Akron on 1st of October, making him the deputy and named successor of chairman Sam Gibara (61). According to group publications, Keegan will be responsible for day to day business, whereas Gibara will be more concerned with strategy.
Continue ReadingShares In Ford Fall
Bridgestone is not the only company whose share price has suffered because of the tyre recall, as Fords stock has slipped from $29 at the beginning of August to just over $25 this week. Although this is nothing like the scale of the Bridgestone fall, it comes at an embarrassing time, as Ford was widely expected to announce a plan to buy back more than $4 bn worth of its own stock. Whereas the falling share price makes such a move even more desirable, many experts believe that to do it now would be a public relations disaster.
Continue ReadingSalt Lake City Case For Goodyear
A case has been brought against Goodyear and M&T Inc, the owner of a local Big O Tire store. The widows of three men killed in a rollover claim that the Kelly Springfield Metric Radial suffered a tread separation, resulting in the deaths of their husbands. It is not clear whether the action has been pending, or whether this case has been brought subsequent to the Bridgestone/Firestone recall.
Continue ReadingNot only Firestone: Now Huge Recall At Ford
Car manufacturer Ford has – as American news agencies have reported – recalled 876,000 cars of the types Explorer and Mercury Mountaineers because of faulty chassis parts. 262 incidents, mainly occurring in Canada, have been reported to date. The owners of these models will be informed by mail. The Ford press department in Cologne does not regard Germany as being involved in this recall.
Continue ReadingISO 14001 Certificate For Rumal
The Dutch company Rumal – part of the Kargro Group – recently received the ISO 14001 certificate. They process more than 25,000 tons of truck scrap tyres into granulate and rubber meal per annum.
Continue ReadingMichelin To Enter Formula 1
Speculations have come to an end: Michelin will participate in Formula 1 racing from the 2001 season. Initially, the company will supply tyres to the BMW/Williams team and, at some time before 2003, Michelin will team up with Team Toyota, who confirmed their entry into the sport earlier this week. Michelin has competed in F1 before, from 1977 to 1984, winning three Drivers and two Constructors titles. The reason for entering the sport now is to increase world-wide recognition for the Michelin brand.
Continue ReadingVredestein Offers Sportrac As A ‘Collector’s Item’
With a limited production of only 2,000 units in the single size 205/55 R16, Vredestein is offering a Millennium Edition of the Sportrac with a specially-produced sidewall. It is anticipated that the tyre will become a collectors item.
Continue ReadingViborg Gets Take-over OK
The Viborg Group/Dorana has been given the go-ahead to take over Gummi Mayer by the European Competition Authorities.
Continue ReadingFormer Pepsico Manager Joins Goodyear
Eric A. Berg (37) - a former Pepsico Manager - has joined Goodyear as Vice President and Chief Information Officer. Berg will be responsible for Goodyears future success in E-Commerce.
Continue ReadingRMA Takes Over BIPAVER Retreading Administration
At a recent BIPAVER meeting, it was agreed that the UKs Retread Manufacturers Association should take over the administration of the retreading section of BIPAVER. Said an RMA spokesman: We recognised a need for consistent representation, particularly in what is proving to be a very difficult time for the retreading industry. To form two separate divisions under the BIPAVER umbrella seemed to be both logical and sensible.
Continue ReadingNew Managing Director For Goodyear UK
It has been announced that Mr S McDonald has been appointed Managing Director of Goodyear UK, with additional responsibilities for the Goodyear/Dunlop integration in the UK. This appointment is part of an extensive series of strategic management changes within the companys European Union organisation, all of which, will take immediate effect.
Continue ReadingMeritor Automotive Expands Wheel Plant in Mexico
Meritor Automotive, a subsidiary of the Rockwell group, has announced the expansion of production at its wheel plant in San Luis Potosi (Mexico) to two million units annually. The expansion is necessary because of increased demand in the North American OE market for light truck and pick-up wheels and includes the completion of assembly facilities. A major consumer is Daimler Chrysler (Dodge Ram).
Continue ReadingIntegration At Goodyear Austria
The Austrian Dunlop and Goodyear companies have been integrated into the new Goodyear Dunlop Tires Austria company, which is under 100 p.c. ownership of Goodyear Dunlop Tires Europe B.V. located in Brussels.
Continue ReadingFlagship Brands From Cooper-Avon At Reifen 2000
Cooper-Avon Tyres Limited will be exhibiting a number of flagship products from both its Avon and Cooper brands at the Reifen 2000 international exhibition in Essen, Germany from 20-23 June. For the motorcycle market the company will be unveiling for the first time the Azaro with Avons variable belt density (VBD) technology. Furthermore two new winter tyres – CR75 and CR85 – will make their debuts at the show as well as the new 4x4 tyre named Ranger H.
Continue ReadingFixed Prices For Fast Fit At Renault
Renault has introduced a fast-fit and system check for cars three years and older. The check includes tyres and shock absorbers and will be extended to other Renault models shortly.
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