Continental Archives - Page 103 of 229 - Tyrepress

Hannover-based Continental AG is a leading automotive supplier and – according to the company – is “the choice of leading car manufacturers, offering award-winning tyres that deliver responsive braking in all weather conditions.”

Posts

Conti: 3 – 6 metres between wet braking tyre label bandings

Following the European authorities’ announcement of the latest tyre labelling regulations, Continental has also given more freshly released details of the labelling legislation, breaking them down into a more digestible form. As far as the wet braking category is concerned, vehicles with tyres in Class A stop are set to stop in the shortest distance from 50mph, whilst vehicles with tyres from Class B will take 3-6 metres longer. This trend continues for the subsequent values and results in a braking difference of over 18 metres from a vehicle in Class A to Class F.

7th December 2011/by Tyrepress Editors

Continental announces car tyre price rise

Due to continued high raw material and energy costs, Continental is increasing the price of its summer passenger car tyres in Europe, the Middle East and Africa. The price rise takes effect on 1 January, 2012; from this date Continental brand tyres will cost between three and four per cent more while prices for the Uniroyal, Semperit and Barum brands will increase by three to six per cent.

6th December 2011/by Tyrepress Editors

Conti: ‘Modest growth’ in store for UK truck tyre market

The latest forecast for the UK’s replacement tyre market for 2011 suggests volumes total 1 million units, which will be marginally down on the comparable 2010 figure of just over 1,050,000 units. Speaking at the recent Continental UK market trends briefing in London, new commercial vehicle marketing manager Tracey Hyem explained that the recent UK trend was at odds with the European experience, which has seen most other countries experience positive growth in replacement tyre sales with an average increase of 3 per cent overall.

5th December 2011/by Tyrepress Editors

Conti: UK passenger car market “stable” at 33 million units

Continental estimates that the 2011 UK car, 4×4 and van tyre market will equate to 33 million units despite estimates from other leading tyre manufacturers earlier in the year suggesting demand could have been in for a double digit drop. Speaking at the tyremaker's annual market trends briefing in London, executives from Conti's UK operation (Continental Tyre Group Ltd) explained that the market has “remained static, with a number of evident developments, such as an increase in the part worn market due to the scrappage scheme.” Continental now estimates that part worn sales equate to 2 – 3 million units a year, with sales of these used products estimated to have increased by up to 50 per cent of the traditional and widely accepted 2 million units annually figure.

2nd December 2011/by Tyrepress Editors

Out with CGS name, in with Mitas in Spain

As of today, the Spanish subsidiary of Mitas will be known by a new corporate name – Mitas Tyres, S.L.U. Commenting on the renaming, subsidiary managing director Gabriel Markovič said the renaming would “allow us to focus sales and marketing resources on promoting our core brand, Mitas.”

1st December 2011/by Tyrepress Editors

Construction begins on Conti’s ‘leadership securing’ Kaluga plant

Work on Continental’s Kaluga passenger tyre factory in Russia is underway. On 29 November the tyre maker held a groundbreaking ceremony at the site and signed an investment contract with the Kaluga regional government. Continental says first stage work at the Kaluga plant will cost approximately 240 million euros and provide for a four million tyres a year capacity, with the first passenger car tyres scheduled to roll of the production line towards the end of 2013. Further expansion of the facility in the short-term is also planned, the company adds.

30th November 2011/by Tyrepress Editors

Conti partners MLS in US schools Solar Project

Continental Tire has joined Major League Soccer’s community outreach initiative and the Bonneville Environmental Foundation to provide a $50,000 solar installation to a school in the community of MLS Cup 2011 winner, the LA Galaxy, as part of the Bonneville Environmental Foundation Solar 4R Schools program, reports Tire Review. “We are thrilled to be working with MLS W.O.R.K.S and BEF to put a solar installation in a school in the hometown of the LA Galaxy, MLS Cup champions,” said Travis Roffler, director of marketing, Continental Tire.

29th November 2011/by Tyrepress Editors

Online retailer sees UK winter tyre sales “comparable to Denmark”

A new online tyre retailer in the UK has reported that sales and enquiries about winter tyres have exceeded its expectations, with “sales that are comparable to Denmark”. Goodgrip.co.uk launched in the UK market in October and is a trading name of Bythjul Norden AB, which has a presence in the Nordic markets dating back to 2001 selling over half a million tyres, and recently launching in Germany.

29th November 2011/by Tyrepress Editors

Sibur gets go ahead for Matador-Omskshina acquisition

Russia’s Government Commission on Monitoring Foreign Investment has given the green light for Sibur-Russian Tyres to acquire a 100 per cent interest in the Matador-Omskshina joint-venture, which it previously operated 50/50 with Continental AG. Following the acquisition, the joint venture operation has been renamed Cordiant-Vostok. Sibur-Russian Tyres says the 100 per cent acquisition will enable it to increase manufacturing capacity in order to meet growing demand for passenger car tyres.

29th November 2011/by Tyrepress Editors

Metro begins tubeless moto tyre production

Indian manufacturer Metro Tyres has introduced the latest product to result from its technical collaboration with Germany’s Continental AG. In a statement, the company reported the release of its first tubeless motorcycle tyres. The new product will initially be manufactured at the company’s factory in Ludhiana plant; production will later be extended to a second plant.

25th November 2011/by Tyrepress Editors

Marangoni cuts ContiTread ties in the Americas

Marangoni and Continental have ended their ContiTread partnership – at least in the Americas. In a joint statement, Continental Tire the Americas and Marangoni Tread North America explained that Marangoni will no longer manufacture ContiTread products for markets in the Americas, a move that will give both companies the scope to pursue their own growth goals within the region. The decision does not apply to cooperation between Continental and Marangoni in other global regions, the statement added.

25th November 2011/by Tyrepress Editors

Schaeffler “on course” to meet 2011 targets

Schaeffler AG, major shareholder in tyre maker Continental, reports it has “remained on its course of success” during the third quarter of 2011. Based on business development during the first nine months of the year, the company says it is confident of meeting its full-year targets – Schaeffler expects to increase sales by more than ten per cent and its EBIT margin by more than 13 per cent in 2011.

24th November 2011/by Tyrepress Editors

Tyre makers get behind US college basketball

College basketball seems to be a popular current choice for sponsorship deals in the US, with two tyre makers announcing plans to support tournaments. Hankook Tire America stated on 17 November that it would advertise during nine men’s tournaments during November and December, while Continental Tire the Americas reported it has been named title sponsor for two marquee college basketball tournaments, the Las Vegas Invitational and the Las Vegas Classic.

22nd November 2011/by Tyrepress Editors

Conti grows Scandinavia 2 winter CV range

According to Continental, the harsh UK and Northern Ireland winters of recent times have brought about an increase in demand for truck winter tyres. To meet this higher demand, the tyre maker has added five new sizes to its Scandinavia 2 range of winter tyres for truck, bus and coach.

22nd November 2011/by Tyrepress Editors

Apollo Tyres South Africa settles price fixing case

International News, News

South Africa’s Competition Commission has settled its price fixing case with Apollo Tyres South Africa. Under the terms of the deal struck between the tyre maker and the government body, Apollo will pay a 45 million rand (£3.5 million) fine and admit to its prior participation in the tyre manufacturers’ pricing cartel that also allegedly included the South African Tyre Manufacturers Conference (Pty) Ltd (SATMC), Goodyear South Africa, Continental Tyre South Africa and Bridgestone South Africa. The penalty Apollo Tyres South Africa is required to pay represents 4.75 per cent of its total 2008 turnover.

21st November 2011/by Tyrepress Editors