Continental Archives - Page 113 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 to support ‘double-digit’ 2011 growth with increased investment

Following a 2010 in which set targets were “clearly surpassed”, Continental AG says it aims to achieve double-digit growth this year. At the company’s Annual Financial Press Conference, held on March 3 in the German city of Frankfurt, CEO Dr. Elmar Degenhart reported a sales growth of almost 30 per cent, to 26 billion euros. This represents record sales for the automotive supplier, a personal best also matched by a record operating result.

3rd March 2011/by Tyrepress Editors

Continental: Car patterns to feature on 4×4 tyres

When it comes to the development of the 4×4 tyre segment, there are still two sides to the market, according to a Continental UK analysis. But on one side at least there are clear signs of the car-ification of 4×4 tyre line, something that has developed in parallel with continued purchase of SUV type four wheelers.

25th February 2011/by Tyrepress Editors

Dineen wins General 4×4 award

Career Tracks, News, UK News

Dave Dineen, Micheldever/Southam’s 4×4 sales manager, was recently presented with a unique award by General Tire for exceptional sales achievement. Dineen who has headed up the MTS specialist 4×4 sales division based at Southam for over 10 years, received a handmade belt constructed from the tread of the General Grabber AT2 for exceptional sales achievement.

25th February 2011/by Tyrepress Editors

Dandelion rubber “of great interest” to Continental

Continental says it has “latched onto” results of a university study into the latex properties inherent in dandelions. A research team at the University of Münster subjected the Asteraceae family flower to a number of lab tests and observed they produce a gum elastic equal in quality to rubber tree latex. Since learning of this discovery Continental reports working hard to promote the idea, and today is a member of a consortium of research institutes and research partners who intend to transform the research results into market products.

25th February 2011/by Tyrepress Editors

New Mitas row crop range to replace Continental brand products

During the course of 2011 the CGS Group will introduce a new Mitas branded range of tyres for use in row-crop agriculture into its global markets. This Mitas range will replace the existing Continental brand row crop tyres that Mitas has been producing under licence since 2004.

21st February 2011/by Tyrepress Editors

Micheldever signs General Tire exclusivity deal with Continental Tyre Group

Micheldever Tyre Services and Continental Tyre Group have signed an exclusive agreement for the sales of the General Tire brand in the UK. Formalised on 8 December 2010, the news follows 16 years that have seen the leading wholesaler develop the prestigious General 4×4 brand in the UK market and subsequently introducing the passenger and van range to the UK in 2010.

18th February 2011/by Tyrepress Editors

Continental gains Audi R8, RS3 and A1 OE

Continental has gained new OE approvals from Audi for both quattro models R8 and RS3, the luxury A8 saloon and the compact A1. The sporty models come equipped with Continental's high-tech ContiSportContact 5 P as well as the economical ContiPremiumContact 2, whilst the A1 is being fitted with the ContiSportContact 3 and the ContiPremiumContact 2. 19-inch diameter tyres have been approved on R8, with tyres up to 21 inches destined for the A8. The RS3 is being fitted with 19-inch tyres, while for the A1 has a choice of 15, 16 and 18-inch sizes.

16th February 2011/by Tyrepress Editors

Goodyear launches quick-braking Eagle F1 Asymmetric 2

Goodyear has launched its follow-up to the popular Eagle F1 Asymmetric tyre at a brand event in Seville, Spain. The UHP tyre was three years in the making; a response to development requirements set by the company to improve braking in dry and wet conditions, reflecting the company’s safety-conscious branding. Goodyear has introduced its “ActiveBraking Tecnology” in this tyre, a tapered edge tread block design that “develops more surface area” under braking load, helping the “high surface silica tread compound” to work over a larger contact area – around 30 per cent more than before – to bring vehicles to a standstill in less time.

11th February 2011/by Tyrepress Editors

Parry’s International reports reduced sound, increased mileage with Continental tyres

Walsall based Parry’s International’s transport manager Mark Ramsden has reported a marked reduction in noise levels and a softer ride from coaches fitted with Continental’s HSL and HDL tyres, took careful note. Parry’s International runs an 11-strong fleet is made up of 14-metre, tri-axle Van Hool T917 Astron touring coaches specified to the highest level of luxury and its latest investment is worth in the region of half a million pounds.

“We had been using another premium tyre brand but supply problems led Van Hool to ask us if they could fit Continentals,” Ramsden explained, adding: “This provided an opportunity to compare performance and we were immediately impressed. Our drivers said that they noticed a significant lowering of noise levels and they also felt that the overall ride was better.

10th February 2011/by Tyrepress Editors

Conti sensor helps EV users avoid a shocking experience

Many batteries in electric or plug-in hybrid vehicles generate some 400 volts, almost twice the voltage employed in standard domestic plug sockets and enough to give a potentially fatal jolt. Vehicle occupants risk exposure to this electric charge in the event of an accident, and US legislators have already stipulated that vehicle power supply voltage must drop to below 60 volts within five seconds of an accident occurring. No comparable laws yet exist in European markets, yet Germany’s Continental is switched onto the challenge of reducing electric vehicle battery voltage to safer levels following a collision. The automotive supplier has now come up with the evSAT, a sensor that will immediately shut off high-voltage batteries in the event of a collision while the vehicle is in charge mode, enabling emergency service personnel to recover the vehicle without the risk of receiving an electric shock.

10th February 2011/by Tyrepress Editors

Matador sells share in Addis Tyre

Ethiopia based newspaper Addis Fortune reports the sale of a majority share in the country’s sole tyre maker, Addis Tyre SC. According to “reliable sources” that spoke to the English language weekly, Matador AS has sold its 69 per cent share in Addis Tyre to Horizon Plantations Ethiopia Plc. This purchase comes more than two years after a Memorandum of Understanding for the acquisition was signed – Addis Fortune notes that the share transfer was put on hold as the Ethiopian government owns the remaining 31 per cent of shares and therefore the country’s Privatisation and Public Enterprises Supervising Agency had right of first refusal on Addis Tyre.

8th February 2011/by Tyrepress Editors

Continental performance ‘entirely attributable to tyre operations’

Continental AG’s adjusted EBIT is reportedly 15 per cent (100 million euros) above estimates produced by Deutsche Bank. With net debt below 6.5 billion euros, impressed analysts commented that “these better results are entirely attributable to the tyre operations.” The tyre division contributes 28 per cent of the group’s sales and 42 per cent of adjusted EBIT, which reported a higher result despite the significant raw materials headwind.

8th February 2011/by Tyrepress Editors

Conti seeking 1,500 new graduates in 2011

This year Continental intends to hire around 1,500 university graduates and young professionals worldwide, for both its tyre and other automotive businesses. Announcing Conti’s planned intake for 2011, the company’s Executive Board member for Human Resources, Heinz-Gerhard Wente said some 400 from this total would be based within Germany. Recruits with engineering and natural science majors are particularly sought after, however the company will also take on business and economics graduates – Conti says recruits with a commercial background will account for approximately 300 of the 1,500 new positions, while the remainder will join the 30,000 or so engineers that currently work in various areas of production and research & development at Continental.

2nd February 2011/by Tyrepress Editors

The Original TPMS?

Continental, Schrader and Beru are all names anyone associated with the tyre pressure monitoring (TPMS) part of the tyre business will be more than familiar with. However Advantage PressurePro, LLC claims it is the developer and marketer of PressurePro, the “Original” TPMS and that PressurePro is a leader in the TPMS market worldwide.

1st February 2011/by Tyrepress Editors

Maintaining pressure: what can we expect from the TPMS market in 2011?

Mandatory fitment of TPMS to new vehicles doesn’t kick in until 2012 officially however, due to the lead time necessary in producing 2012 model year vehicles, those same vehicles and the TPMS sensors they will be using are likely to already be in production. So, as we rapidly approach the mandatory introduction of tyre pressure monitoring systems (TPMS) later on this year and with aftermarket suppliers and service providers paying more attention to the subject than ever, the question now is what can we expect from the TPMS market this year?

1st February 2011/by Tyrepress Editors