Reifen-Junginger For Sale?
Reifen-Junginger is a leading tyre sales company in the south western part of Germany with nine outlets and is a long-standing member of the Germany-wide operating cooperation Team. Rumours are rife that Reifen-Junginger is for sale, with interest coming from companies within the tyre industry, as well as other dealers.
Continue ReadingConti Teves Joins ADC
The European Commission has agreed the accession of Conti Teves to the joint-venture Automotive Distance Control Systems ADC (Temic Telefunken Microelectronic/parent company: DaimlerChrysler and Leica Geosystems/Switzerland).
Continue ReadingMichelin Cuts 473 Jobs At Stoke
Michelin is to lose 473 jobs from its workforce of 2,700 at its factory in Stoke-on-Trent in the UK, mostly among those producing passenger car tyres. This is part of Michelins overall European strategy to improve efficiency. Michelin sees a long-term future for Stoke and this year will invest £11 million in updating the factory, which was opened in 1927.
Continue ReadingBridgestone Opens Fourth Japanese Plant For Diversified Products
On February 15th, Bridgestone opened its fourth plant in Japan devoted to the production of diversified products such as high performance functional films and precision components of rubber and plastic. The factory, sited in Iwata, covers an area of 17.3 hectares, of which 2.3 hectares are under cover, and employs 130. It is Bridgestones 15th factory in Japan.
Continue ReadingGoodyear decrease in net income
Goodyears net income for the fourth quarter of last year amounted to US$ 47.8 million compared with US$ 121.5 million in the fourth quarter of 1998. The companys net income for the whole of 1999 was US$ 241.1 million compared to US$ 682.3 million in 1998.
Continue ReadingMarc P. Frissora Is New Tenneco Chairman
Marc P. Frissora, President and CEO of Tenneco Automotive since April 1999, succeeds retiring Dana G. Mead as Chairman of the US manufacturer of shock absorbers and exhausts.
Continue ReadingNew Pirelli Germany Finance Chief
Michael Schwöbel (37), who has been with Pirelli since 1982, has been appointed to the board of Deutsche Pirelli Reifen Holding GmbH, with immediate effect, responsible for finance and control. His predecessor, Claudio de Conto, has been appointed Director of Planning and Controlling at the parent company in Milan.
Continue ReadingPirelli Active In Cable Business
Pirelli and Alcatel are the European market leaders in power cables, and together with Corning, Lucent and Draka in telecommunication cables. The market suffers from overcapacity, but Pirelli is the most active company when a factory is for sale in order to secure market share.
Continue ReadingFigures Rise For Pirelli Germany
Pirelli Germanys year end figures show an increase of 33 p.c. compared to the previous year. The consolidated turnover was 626.3 million Euro; slightly higher level than last year. The earnings of the ordinary company activities amount to 21.7 million Euro. The strongest subsidiary, Pirelli Reifenwerke, grew five p.c. to 442.2 million Euro. The deliveries in the original equipment market increased 34 p.c and sales of passenger car and commercial vehicle tyres increased 4.8 p.c. to 9.1 million tyres.
Continue ReadingBridgestone’s For Mercedes-Benz Limited Edition Coupe
Mercedes-Benz has chosen to fit Bridgestones S-02 Pole Position tyres on their CL 55 AMG F1 limited edition coupe. 225/40 ZR 19s are fitted on the front and 285/35 ZR 19s on the rear.
Continue ReadingNew Managing Director Position At Reifen Gundlach
On the 1st of May Josef Bündgen was appointed managing director for finance and administration at German tyre wholesaler Reifen Gundlach. In addition to Susumu Tsujimoto, Gebhard and Joachim Jansen he is now the fourth managing director. Michael Andre has become the new Gundlach sales manager.
Continue ReadingNewlife From Empobor
Empobor (Pombal, Portugal) – own brand Borvul – roduces the value for money tread pattern Newlife, part of Michelins cold process retreading program Recamic.
Continue ReadingA Change Of Emphasis For Kwik-Fit
In a speech at the conference which ran alongside the Essen Reifen 2000 exhibition, Sir Tom Farmer, Chairman and Chief Executive of tyre retailer Kwik-Fit, announced a change to the company’s famous slogan of Our aim is 100% customer delight. This, he said, is meaningless hype – nobody is delighted when presented with a bill for tyres, or an exhaust system, however good the service and product. Today’s customer is more sophisticated than his counterpart of a decade or so ago and he (or she) expects – indeed, demands – satisfaction when purchasing goods and services. Kwik-Fit’s new attitude to the customer is to try to give him what he wants and, if anything goes wrong, to move heaven and earth to rectify it. The words delight and satisfaction will disappear from adverts, letterheadings and the like, although Sir Tom said that service and customer care will continue to be a priority for Kwik-Fit. The move comes at a time when the company is undertaking its most aggressive-ever advertising campaign, offering four 12 and 13 tyres for £65, including valve, balancing and fitting. Never before have the company’s adverts featured prices so prominently, and never before have the prices been so cheap. Sir Tom Farmer says that the move is in response to actions by competitors and it is certainly having its effect on the tyre retail market. Kwik-Fit’s own house magazine underlines the aggressive nature of the campaign, saying that, if the prices are undercut, they will be reduced even further. This is war! says the article.
Continue ReadingUnder New Management – Continental’s Customer Service
Josef Folger succeeds Dr. Ralf Krüger, who has retired, in being responsible for customer service at Continental Tyres (Hanover), effective 1 July.
Continue ReadingAnother E-Commerce Platform
Leading companies in the field of car components are to build up a new e-business solution for dealers and independent workshops. Like Bosch, Delphi, Mannesmann, VDO Sachs Tenneco and some others, Continental wants to use the new platform (for the Teves brand ATE and the ContiTech division), too.
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