automotive Archives - Page 26 of 143 - Tyrepress

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Sibur, Reliance JV to meet India’s synthetic rubber needs

The biggest petrochemical company in Russia and Eastern Europe has entered into a joint venture with India’s largest private company to produce butyl rubber. On 21 February Sibur and Reliance Industries Limited jointly announced their intention to establish a facility in Jamnagar, India capable of producing 100,000 tonnes of the substance per annum. The plant will be operated by the joint venture company Reliance Sibur Eleastomers Private Limited, which will be India’s first butyl rubber manufacturer and the world’s forth largest supplier.

22nd February 2012/by Tyrepress Editors

Continental triples share dividend estimates

Continental AG has announced that the company plans to pay a dividend of 1.5 euros per share for the 2011 fiscal year, almost tripling analyst estimates of 0.55 euros. Based on the approximately 200 million shares outstanding, the proposed amount to be distributed totals roughly 300 million euros. This equates to a payout ratio of about 24 per cent, according to an official statement on the subject.

20th February 2012/by Tyrepress Editors

Bosch appoints braking product specialist

Edmond Kelleher has joined Bosch Automotive Aftermarket as product specialist for braking systems following his predecessor Dominik Jedrzejak’s move to the position of Bosch product manager for wipers in Singapore. Kelleher brings with him a long list of automotive industry experience, including posts at Ford and Hyundai in Germany, in which his roles included working in product definition, product planning and customer relationship management. His role at Bosch involves responsibility for braking systems in the Automotive Aftermarket, including product management, marketing, cataloguing and pricing.

20th February 2012/by Tyrepress Editors

Reifen Gundlach sold to Pon Group

The Japanese trading company behind both Kwik-Fit and Stapleton’s here in the UK (Itochu) sold Reifen Gundlach (Raubach) to Dutch group Pon effective 1 January 2012. In a news article published at reifenpresse.de last month, Gundlach CEO Gebhard Jansen confirmed the news to Tyres & Accessories' sister magazine Neue Reifenzeitung by phone. No further details of the transaction have yet been made public.

14th February 2012/by Tyrepress Editors

New position to strengthen Conti’s supply chain management

Continental AG has appointed Jürgen Braunstetter as head of the newly created command level function, Supply Chain Management Automotive – a position directly below Executive Board level. In this new position, Braunstetter takes on overall, across-the-board management of the supply chain for Continental’s three Automotive divisions. This involves coordination with the purchasing, quality and information technology departments. It is intended to further increase flexibility in the supply chain and allow for a faster response to market shifts.

13th February 2012/by Tyrepress Editors

Parts Alliance calls for support of automotive training

Automotive business group, The Parts Alliance used the event of National Apprentice Week (6-13 February) to call for the UK automotive aftermarket to increase its support of training and apprenticeships. “The best investment our industry can commit to, alongside the best equipment, is training,” said Mike Smallbone, The Parts Alliance, garage programme manager.

10th February 2012/by Tyrepress Editors

Alcoa's new sales manager UK and Ireland

Alcoa Wheel Products has appointed a new UK and Ireland sales manager. According to the company, new recruit Chris Edwards brings 15 years of experience in the transport and automotive industry.

10th February 2012/by Tyrepress Editors

Goodyear joins automotive green group

Goodyear Tire & Rubber has become the latest company to join The Suppliers Partnership for the Environment (SP), a collaboration between automotive manufacturers and suppliers and the US Environmental Protection Agency that aims to create new business-centred approaches to environmental protection; solutions that address green issues while providing value throughout the automotive supply chain.

10th February 2012/by Tyrepress Editors

Delphi talks technology with Tyres & Accessories

At the start of 2012 Tyres & Accessories contacted leading automotive and aftermarket supplier Delphi with a view to getting this firm’s perspective on the increasingly important diagnostics side of the garage work. Paul Chaundy, service business line director, Delphi Product & Service Solutions answered our questions in the following interview:

9th February 2012/by Tyrepress Editors

MOT decision positive for motorists, says HiQ

The HiQ fast fit chain has applauded the Government’s decision to back down on plans to change MOT test frequency – a measure it said would “hit the pockets of motorists harder than ever.” HiQ says Transport Secretary Justine Greening’s statement that the Government would retain the 3-1-1 arrangement and work with the industry to focus on the standards of MOT testing stations and garages is “welcome news”, as the company aims to position itself as a category leader in self-regulation and transparency.

8th February 2012/by Tyrepress Editors

Trelleborg prepares for JV with organisational changes

Swedish company Trelleborg has announced a number of organisational changes in preparation for the start of a light and heavy vehicle anti-vibration solutions joint venture with Germany’s Freudenberg & Co. KG. Trelleborg says the changes will “further strengthen and focus the Group.” The planned reorganisation does not involve company’s tyre making operation, Trelleborg Wheel Systems.

8th February 2012/by Tyrepress Editors

Maxion Wheels is born – Hayes Lemmerz acquisition finalised

On 2 February Brazilian firm Iochpe-Maxion S.A. announced its acquisition of wheel manufacturer Hayes Lemmerz International, Inc has been finalised. The company has now established a new combined global wheel business, Maxion Wheels, which will be headed up by former Hayes Lemmerz chief operating officer Fred Bentley. In his new role of Maxion Wheels’ chief executive officer, Bentley will report directly to Dan Ioschpe, chief executive officer of Iochpe-Maxion. The business will have its headquarters in Northville, Michigan, USA.

3rd February 2012/by Tyrepress Editors

Starco introduces nano-coating to steel wheel range

A world first has been claimed by Denmark’s Starco. The company reports it has begun coating the steel wheels it produces, both pressed and spun, with the ‘e-coat’ nanotechnology treatment. The application of e-coat during the steel wheel production process began at Starco’s Beli Manastir, Croatia wheel plant at the start of this year, following the installation and commissioning of equipment there in the final quarter of 2011. Starco says it is currently the only press wheel manufacturer using e-coat.

27th January 2012/by Tyrepress Editors

Trelleborg divests light-vehicle component operation

Swedish firm Trelleborg has already indicated its intention to focus more intently on specific aspects of its business, and another move towards this goal is the divestment of its French light-vehicle component operation. The business, a unit within Trelleborg Automotive, has been sold to Germany’s Bavaria Industriekapital AG; financial and other details regarding the divestment will be published in Trelleborg’s Interim Report on 15 February.

24th January 2012/by Tyrepress Editors

Goodyear Dunlop UK appoints new national account manager

Goodyear Dunlop UK has named Chris Ryder as national account manager of its commercial fleet operations. Ryder will be based at the company’s headquarters in Birmingham as well as travelling nationwide to build and strengthen relationships with key customers.

The role see him managing and developing Goodyear Dunlop’s expanding national key account portfolio as well as developing the tyre manufacturer’s industry leading sales practices.

23rd January 2012/by Tyrepress Editors