Continental Archives - Page 107 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.”

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Conti unveils ‘most innovative’ North American market 4×4 tyre

Continental Tire the Americas has introduced what it calls its “most innovative SUV, crossover and light truck tyre to date,” the CrossContact LX20. Priorities when developing this all-season tyre were fuel economy and tread wear improvements along with competition-beating wet braking. In respect to this last-mentioned quality, Continental says that in an independent wet braking test the CrossContact LX20 in size 265/70R17 stopped 34 feet shorter than its leading competitor, Pirelli’s Scorpion STR A P265/70R17 113H.

10th August 2011/by Tyrepress Editors

Conti’s “hard conditions” too much for General Tyre East Africa

International News, News

Tanzanian newspaper The Guardian reports its country’s government plans to hand over General Tyre East Africa to Tanzania’s National Development Corporation (NDC) in response to what it calls the “hard conditions” imposed by shareholder Continental AG. The country’s Industry and Trade Minister, Dr. Cyril Chami, is reported as saying talks with Continental, who holds a 24 per cent share in General Tyre East Africa, failed to reach a suitable conclusion. He attributes this lack of success to conditions Continental wishes to impose, such as restricting General Tyre’s activities to its domestic market and just two export destinations – Uganda and Burundi – and that the Tanzanian tyre maker should pay back its outstanding US$3.321 debt to Conti. Continental’s alleged lack of investment plans for General Tyre is another given factor.

10th August 2011/by Tyrepress Editors

Continental releases two wheel tyre technical manual

Continental has just published its new 2011 motorcycle and scooter tyre technical manual. According to the UK distributor of these products, the manual contains a wealth of information about each of the tyres in the range and a very comprehensive fitment and pressure guide, the manual has the key information that dealers need.

8th August 2011/by Tyrepress Editors

Mitas introduces Agraterra flotation tyre

Designed specifically for use on trailers, the new Agriterra flotation tyre from Mitas delivers significantly better on- and off-road performance than any other premium trailer tyre, combined with greater reliability, reduced downtime, a 15 per cent longer working life and a significant improvement in overall operating economy, according to CGS Tyres, which has just launched it in the UK.

8th August 2011/by Tyrepress Editors

Conti OE for Mercedes CLS, vans

Continental has announced its latest two original equipment contracts with Mercedes-Benz. The German tyre maker will supply tyres for the CLS saloon and high-end versions of the Mercedes Viano and Vito vans.

8th August 2011/by Tyrepress Editors

Cambrian releases second edition of 2011 price list

Cambrian Tyres has just released the second edition of its 2011 price catalogue. The 170 page catalogue lists the full ranges available from Avon, Bridgestone, Continental, Dunlop, Metzeler, Michelin and Pirelli and reflects recent price increases made by the manufacturers. The price list also features a fitment guide to aid customers in selecting the correct size tyres for all bikes made in the last 35 years.

5th August 2011/by Tyrepress Editors

Continental AG manager investigated for Corruption

One of Continental AG’s managers is reportedly under police investigation relating to corruption allegations. Following an article in Germany's Bild newspaper, Bloomberg reported that Frankfurt prosecutor’s office confirmed that such an investigation is underway.

4th August 2011/by Tyrepress Editors

Continental pumps up trailer tyre range with UK HTR2 and HTL2 launch

Continental Tyres is seeking to pump up its truck tyre range with two key 17.5-inch tyres in its trailer portfolio: the HTR2 for regional transport and the HTL2 for long-distance transport operations. The tyres are designed and engineered specifically for volume-based trailers and their smaller circumference allows for greater carrying capacity on regional and long-distance work.

Continental’s HTR2 boasts a high load-bearing capacity and “maximum traction” and performance on any road surface. Its special tread design with blocks and narrow grooves is designed to offer “exceptional directional control” while at the same time preventing stones becoming trapped. Furthermore, Continental’s engineers have designed the specific shape of the tread grooves on the HTR2 to for quiet running on more rigorous regional operations.

2nd August 2011/by Tyrepress Editors

Analysts highlight ‘difference in momentum’ between Continental and Michelin results

Company News, International News

Despite the fact that both Continental and Michelin reports second quarter/first half pre-tax profits (EBIT) broadly in line with expectations, financial analysts have highlighted the “difference in momentum” between the two firms’ results. According to Morgan Stanley, the intraday spread between the two stocks was 600 basis points when the results were announced on Friday 29 July.

“Although we think Michelin can surprise positively in the second half, in the shorter term Conti should outperform thanks to improving momentum in consensus earnings,” Morgan Stanley’s Edoardo Spina commented, explaining the differential.

1st August 2011/by Tyrepress Editors

HiQ promotes air-con servicing

HiQ has released a statement arguing for increased attention to be paid to air conditioning systems, following a 15 per cent increase in air-con related problems seen at HiQ branches. The seven out of 10 motorists that HiQ says fail to service their air-con systems regularly – some not at all – could experience decreased levels of fuel efficiency and even asthma-related health problems. The network’s fast fit manager Stuart Carr said that over time, air-con gas gradually depletes which then impacts upon fuel efficiency levels because the engine has to work harder.

29th July 2011/by Tyrepress Editors

Continental ups 2011 sales and EBIT forecasts

Continental is raising its outlook for 2011, based on what it called “a very successful first half-year” that included double-digit growth rates for sales and EBIT. “We had previously forecast sales of more than 28.5 billion euros, but we are now expecting at least 29.5 billion euros. We are also targeting an adjusted EBIT margin of around 10 per cent, slightly more than the good 2010 figure of 9.7 per cent,” said Continental executive board chairman Dr. Elmar Degenhart on Friday 29 July on publishing figures for the first half of the year.

29th July 2011/by Tyrepress Editors

Nizhnekamsk plant to supply Daimler’s Russian JV with Conti tyres?

Russian corporation Tatneft, which operates the Nizhnekamsk Solid Steel Chord Tire Factory, reports that a delegation of representatives from Continental AG and Daimler AG visited the company in mid-July with a view to selecting the tyre maker as an original equipment supplier for its Mercedes-Benz Trucks Vostok joint-venture facility. The delegation toured the Nizhnekamsk factory in Tatarstan and viewed the technologies and production processes in use.

29th July 2011/by Tyrepress Editors

KRT adds Matador and Antyre truck tyres to its range

Kings Road Tyres (KRT) has been appointed as the exclusive UK distributor in for the Matador truck and bus tyre range. The Matador brand is part of the Continental family of products and is produced in Europe. KRT’s newly acquired range includes 17.5, 19.5, 20 and 22.5-inch tyres.

26th July 2011/by Tyrepress Editors

Conti Automotive names NAFTA communications director

Continental Automotive has appointed Brad Jackson director of communications for the NAFTA region. In his new position, Jackson will join the Marketing and Communications team and report to Kathryn Blackwell, vice-president marketing and communications NAFTA. He will be responsible for overseeing media relations within the region.

26th July 2011/by Tyrepress Editors

MoU for Conti’s Russian plant signed

In conjunction with the Russia-Germany summit held in Hannover on July 18 and 19, Continental’s CEO Dr. Elmar Degenhart and the governor of the Kaluga region in Russia, Anatoly Artamonov, signed a memorandum of understanding on the new passenger tyre plant Continental is to build in Kaluga. The tyre maker intends to invest some 220 million euros in the Kaluga factory; construction will get underway before the end of the year and the factory is expected to be ready for production in late 2013. The Russian government has pledged to support the new site.

25th July 2011/by Tyrepress Editors