automotive Archives - Page 48 of 143

Chris Mullins Tyres Exceeds First Year Expectations, Investigates Second Gloucester Outlet

Gloucester tyre centre, Chris Mullins Tyres has reported a successful first year in business, exceeding its sales targets by more than 50 per cent according to the company. The centre, located on the city’s Bristol Road, began trading last January.
Specialising in selling and fitting car, van and motorcycle tyres to the general public and local businesses, a statement from the centre says it achieved 155 per cent of its first year’s trading target by selling more than 13,000 tyres and associated services such as wheel alignment. The statement added that it achieved a number of record trading days during the recent cold snap, as motorists replaced or upgraded their tyres to specialist snow products.

28th January 2010/by Tyrepress Editors

Al Saeedi Adds New Gallant Truck Tyre Size

International News

Al Saeedi Automotive TRD Co (LLC), the exclusive distributor of Gallant brand truck tyres in the Middle East and Africa, has added 1200R24 20PR GL 885 to the range of sizes it offers. The new tyre is described as an all-position radial optimised for highway and on/off road applications. According to the distributor, the special features of this tyre include ultra-high tyre bead structure and a lateral block shoulder. “These features help enable lower heating, wear resistance, extended mileage and high speed durability,” company representatives explained. Further new sizes are expected to be added to the range with Al Saeedi reporting that Gallant is “currently in the process of manufacturing a complete range of truck and bus radials.”

26th January 2010/by Tyrepress Editors

2009 USA Miles Driven Will Likely Show Growth

News

The preliminary national data on miles traveled in November is good news for the aftermarket, according to the Automotive Aftermarket Suppliers Association (AASA). November mileage reported an uptick following a dismal October, when the string of year-over-year positive monthly mileage reports for 2009 ended, according to the Federal Highway Administration of the U.S. Department of Transportation.

22nd January 2010/by Tyrepress Editors

Conti to Boost Junior Staff Numbers in 2010

Company News

Just days after announcing plans to use football as a means of highlighting its attractiveness as an employer, Continental has outlined plans to “put stock in fresh expertise, new ideas and, thus, increasing innovative prowess in the form of highly qualified junior staff” during 2010. “This year we plan to hire around 1,000 university graduates and young professionals worldwide,” reported Continental Executive Board member Heinz-Gerhard Wente. A quarter of these new recruits will be employed in Germany, he added. The automotive supplier says that while it will primarily focus upon hiring engineering and natural science majors, it is also looking for business and economics graduates.

22nd January 2010/by Tyrepress Editors

Technology Strategy Board Awards £1m to Battery Development Consortium

News

Nearly £1 million of funding has been awarded by the Technology Strategy Board, a government established public body, to a consortium led by advanced battery manufacturer Axeon. The partners, who will match the funding, state they are developing new battery chemistries that will deliver high energy densities, thus making them ideal for use in plug-in electric vehicles (PHEVs). The £2 million project aims to accelerate the introduction of next-generation batteries that offer higher energy density combined with lower cost. It will, says Axeon, take advanced battery chemistry out of the research laboratory and into a real-world prototype PHEV application and help to consolidate the UK’s position as a strategic centre for battery development.

22nd January 2010/by Tyrepress Editors

Automechanika Middle East Organiser Announces New Appointments

News

The organiser of Automechanika Middle East, Epoc Messe Frankfurt GmbH, has announced two new appointments. The long-term manager for Automechanika Middle East, Mr Michael Dehn, is taking on the position of group exhibitions director at Epoc Messe Frankfurt. Dehn has been running Automechanika Middle East from its inception in 2003. He has overseen the growth of the exhibition from one Hall and 119 exhibitors in 2003 to its current position with eight halls and 958 exhibitors. In his new position, Dehn will oversee the operational success and strategic planning for Automechanika Middle East, Beautyworld Middle East and Materials Handling Middle East. He will also oversee the launch of the three recently announced shows for Epoc Messe, Frankfurt, namely Paperworld Middle East, Playworld Middle East and Festivalworld Middle East.

19th January 2010/by Tyrepress Editors

Conti Attempts to Score ‘Goal of the Season’ With Prospective New Talent

News

Continental wants to spread word of its attractiveness to potential employees, and in its German home market the tyre and automotive technology supplier is using the beautiful game to meet this end. It has brought a programme called “Kick it with Continental” into play, and as part of this invited some 400 German students to a day focusing on the upcoming Conti-sponsored World Cup in South Africa. On the agenda, among other things, are presentations, contests and panel discussions with German football personalities Karl-Heinz Körbel, Mirko Slomka and Thomas Schneider.

19th January 2010/by Tyrepress Editors

New Helston HiQ Opens

News

The owner of a new £100,000 fast fit centre in Helston is promising motorists a revolution in automotive care, after officially opening his forecourt to the public. Justin Roberton, who already runs successful operations in Truro, Bodmin and St Austell, is looking forward to welcoming motorists to a new centre in Clodgey Lane, Helston. The red ribbon was cut with HiQ’s retail director Juergen Titz on Saturday 9 January and both men predicted a bright future in the town.

The centre features modern, award winning branding and state-of-the-art facilities, even including a baby changing unit and a children’s play facility.

14th January 2010/by Tyrepress Editors

Steam-Powered Record-Breaker Visits Goodyear’s TyreFort

News

Goodyear’s TyreFort in Birmingham was today visited by a rather special guest; the British Steam Car. The unusual and record-breaking car braved the snow to be demonstrated to the 250 employees based at TyreFort; an especially appropriate setting given that the car runs on Goodyear rubber.

13th January 2010/by Tyrepress Editors

New Year, New Battery Regulations

News

On 1 January 2010 producers of industrial and automotive batteries will be required to arrange the collection, treatment and recycling of such batteries, free of charge, if requested by business end-users and final holders. Key elements of the new regulations include: Requiring any persons placing batteries on the market to register as a producer of batteries, and report on waste batteries collected and sent for recycling

The Waste Batteries and Accumulators Regulations 2009 complement the existing Batteries and Accumulators (Placing on the Market) regulations 2008, which set out the requirements for introducing new batteries onto the market from 26 September last year. These regulations also introduce a ban on the landfill disposal or incineration of waste industrial and automotive batteries.

8th January 2010/by Tyrepress Editors

Conti Shares Up 10% After Rights Issue

Career Tracks

Continental AG shares rose over 10 per cent yesterday, following the start of a widely expected 1.1 billion euro rights issue. About three quarters of the new shares are said to have been placed with investors already. The offer also has the dual effect of diluting Schaeffler’s stake in the company to just over 75 per cent. Strategically, this is something Schaeffler (which previously indirectly controlled 90 per cent of Conti) shares is likely to be happy with as it is still firmly in control of the company’s stock.

8th January 2010/by Tyrepress Editors

Continental Completes ‘First Step’ of Refinancing Package

Company News

Continental AG reports having already successfully completed the first “key steps” of its overall plan to improve its current financing structure and capital structure following the signing of loan agreements on December 19. The German tyre and automotive components supplier states that “important” amendments have been made to the existing loan agreements, allowing for the repayment of the 3.5 billion euro tranche due in August 2010 inter alia by a forward start facility (FSF) while also providing further flexibility. At the same time, the company has received FSF commitments in excess of the requested 2.5 billion euros, which has resulted in an over-subscription of their bank group’s request.

21st December 2009/by Tyrepress Editors

Chinese Market to be 30% of Cooper Sales

International News, News

Reports indicate Cooper Tire & Rubber wishes to increase the share of its global sales generated in China from 25 to 30 per cent in the next three years. "That's our minimum target,” said Allen Tsaur, general manager for Cooper Tire's Asia operations during an interview with Reuters. “The Chinese domestic market is explosive and the pie is expanding. We have to grow fast to keep up the pace.”

18th December 2009/by Tyrepress Editors

Micro Hybrid Market a Major Growth Area for Varta Brand

News, Premium

The trend towards environmentally-friendlier vehicles, particularly those drawing on the benefits of start-stop technology, has been observed with interest by Johnson Controls. The company notes that, of the 20 plus new cars at the show fitted with its Varta batteries, nearly a quarter of them featured an AGM (absorbent glass matt) battery to power this energy-saving technology. Indeed, driven by EU targets to reduce CO2, the micro-hybrid market is accelerating. Johnson Controls notes that, since the adoption of stop-start technology in the BMW1 Series, more than a million micro-hybrid cars fitted with Varta AGM battery power have been sold in Europe. A further estimated 2.5 million micro hybrid vehicles will be manufactured by 2010, and this is expected to rise to 10 million by 2015.

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17th December 2009/by Tyrepress Editors

New Exide Range Providing Power for Growing Hybrid Market

News

Old Trafford was the site chosen for the launch of two new ranges of Exide Technologies batteries specifically designed for hybrid vehicles. The Micro-hybrid AGM and Micro-hybrid ECM were unveiled to executives from major UK automotive buying groups at the Manchester United home ground on December 10. The two line-ups, each containing three battery types, are intended to provide an original equipment specification aftermarket option for all currently available micro-hybrid vehicles.

16th December 2009/by Tyrepress Editors

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