Continental Archives - Page 118 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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Bandvulc Chosen for Bale Fleet

Devon-based hazardous liquid waste management specialist the Bale Group has selected Bandvulc’s product range for its tyre policy. On the basis of in-house drive and trailer axle position trials carried out by Bale, the company chose the Bandvulc produce as the most cost effective option for its operation; Bandvulc’s BD08 drive axle and B2K trailer tyres have been selected as the preferred policy fitment, supported by Continental HSR2 tyres on all steer and lift axles.

7th October 2010/by Tyrepress Editors

Techking Increasing Emphasis on European Markets

Chinese tyre manufacturer Techking is expanding its emphasis on European markets with the appointment of local staff to manage and develop continental markets including the UK. Speaking at Brityrex 2010, new European sales and marketing director Vincent Van Houtte told Tyres & Accessories that the company is serious about investing in Europe. Van Houtte joined Techking during the last quarter following years of experience at Bridgestone Europe and Solideal including passenger car, two-wheel and OTR tyre related roles. He joins a year after the firm appointed Samuel Hermanssen as vice-president Europe. Hermansson, who is Swedish, brings with him 20 years of experience of work at premium tyre manufacturers such as Continental.

6th October 2010/by Tyrepress Editors

Solidarity Union Reaches Deal with South African Tyre Makers

An agreement has been reached between South African trade union Solidarity and the local Bridgestone, Continental, Dunlop and Goodyear operations. The union, which represents around 1,000 tyre industry workers in the bargaining council for the New Tyre Manufacturing Industry Association, released a statement on October 1 reporting the deal, which is being implemented retrospectively from July 1, 2010.

1st October 2010/by Tyrepress Editors

South African Tyre Employees Returning to Work

Strike action at Apollo, Continental and Goodyear’s factories in South Africa has ended and workers are scheduled to resume work on September 30. The National Union of Metalworkers of South Africa says the month-long strike, which arose following stalled negotiations with New Tyre Manufacturing Industry Employers' Association, has been resolved following the decision to revise pay structures for tyre industry workers.

29th September 2010/by Tyrepress Editors

1.25 Billion Conti Eurobond Placed

It’s a done deal – earlier this morning tyrepress.com reported Continental’s intention of placing a third euro-denominated bond. The German company has now reported the successful placement of this third bond, as issue with an aggregate principal amount of 1.25 billion euros. The issue consists of two tranches of 625 million euros each, which respectively mature in 2016 and 2018. As per the company’s previous statement, the bonds will be issued by Conti-Gummi Finance B.V. and guaranteed by Continental AG and certain of its subsidiaries. The coupon is 6.5 per cent per year for the tranche maturing in 2016 and 7.125 per cent per year for the tranche maturing in 2018. Interest will be payable semi-annually in arrears.

28th September 2010/by Tyrepress Editors

Conti Issuing Additional Eurobonds

After a positive response to its two previously placed bonds, Continental AG has announced plans to issue further Eurobonds with benchmark volume. The company has again mandated a bank consortium led by Citi and The Royal Bank of Scotland to place two tranches of euro-denominated bonds with qualified German and international investors. A maximum issue volume of 1.25 billion euros and two tranches with maturities in 2016 and 2018 are planned. Upon announcing the upcoming bonds on September 27, Continental said the issue volume and the conditions are expected to be finalized in the “next few days”.

28th September 2010/by Tyrepress Editors

Continental E-invoicing System Nominated for Industry Oscars

Continental’s E-invoicing system not only won the innovation awards at this year’s Reifen Essen 2010 in June, but was also nominated for one of the NTDA’s Tyre and Fast Fit (TAFF) awards here in the UK. So what’s all the fuss about? Continental’s new electronic invoicing system, which provides improved recording and exchange of invoicing and credit notes between Continental and customers, is designed to make business life easier, but it also shows the company’s environmental credentials.

For some time Continental has been working to reduce complexity and wastage in its back office solutions to make life simpler for customers and reduce the effect on the environment. The introduction in 2010 of a new electronic invoicing system that provides improved recording and exchange of invoices and credit notes between Continental and tyre retail customers is said to have achieved this. And savings on paper and transport both have positive effects on both economy and protecting the environment.

24th September 2010/by Tyrepress Editors

Tyre Safety Month Provides Conti an Opportunity to ‘Talk Winter’

Continental Tyres is showing its support for October’s Tyre Safety month in October with a call for UK motorists to be aware of the safety benefits winter tyres offer. Traditionally the British climate has been viewed as too temperate to warrant winter tyres, yet last year’s ‘big freeze’ saw many drivers unprepared and left stranded or involved in accidents that might have been avoided had winter tyres been fitted.

23rd September 2010/by Tyrepress Editors

New Van Tyre Delivers 30% Lower Rolling Resistance, says Conti

Van drivers looking for a tyre designed with rolling resistance in mind have a new option open to them in the form of Continental’s VancoEco range. The manufacturer states the new tyre has been specifically developed for van such as the Mercedes Sprinter, Ford Transit and Volkswagen T5 and claims the VancoEco reduces rolling resistance by around 30 per cent – which equals a four per cent fuel saving. At the same time, adds Continental, the engineers have managed to keep the braking distance on dry and wet roads short, giving the VancoEco performance “like a car tyre.” The VanEco range is already available and has already been approved as original equipment on the new ‘BlueEfficiency’ models in Mercedes-Benz Viano and Vito line-ups.

23rd September 2010/by Tyrepress Editors

“Sensationalised Coverage” of Auto Express Tyre Test “Grossly Unfair”: Maxxis

Following the recent tyre tests in Auto Express, Maxxis noted what the company brands a “grossly unfair” reaction in “some newspapers”, which suggested that budget tyres pose a threat to the lives of drivers and their passengers. Maxxis International’s managing director Derek McMartin released a statement to address the “sensationalist language” used to brand budget tyres “bottom of safety league”, pointing out that secondary reports had missed the complexity of Auto Express’s comprehensive testing and that the company’s MA-Z1 Drift had performed creditably in most areas despite being a road-legal speciality drifting tyre. The tyre was given a rating of 94.8 per cent of the winning Continental SportContact 3’s overall performance in the 2010 Auto Express Tyre Test.

22nd September 2010/by Tyrepress Editors

South African Tyre Workers March Against ‘Captains of Industry’

Strife within the South African tyre industry continues with an estimated 4,000 workers expected to attend a protest march on September 20. NUMSA, the National Union of Metalworkers of South Africa, has planned for the disgruntled employees to assemble at Jarhaman Hall in Korsten, Port Elizabeth to, as spokesman Mphumzi Maqungo explains, “hand over a memorandum of demands to tyre manufacturers' ruling oligarchy." According to Maqungo, the “throng” of workers anticipated to take part in the protest include those working for “imperialist owned Firestone, Continental and Goodyear.”

20th September 2010/by Tyrepress Editors

‘Weltmeister’ at Last – Thanks to Conti

Germany’s World Cup aspirations may have crumbled in a one-nil defeat at the deft and athletic hands of Spain in July, but the country has nevertheless gone on to achieve its own global football victory. On September 19, some two months after the 2010 FIFA World Cup South Africa drew to a close, the men’s team from Continental’s Korbach factory in the German province of Hesse emerged victorious in the ContiTeamCup 2010 after defeating Brazil by three goals to nil. In the women’s league Germany had to settle for second place, however, following a one-nil loss to Mexico.

20th September 2010/by Tyrepress Editors

Conti Sees Stagnant Car Production in Europe, US

Continental AG says automobile production in Europe and the US will remain stagnant next year, which is why it is stepping up expansion in Asia. The tyre and auto part maker said growth in emerging markets like China, India and Indonesia is important to its continued success.

17th September 2010/by Tyrepress Editors

Conti to Establish Production at Leased Romanian Site

According to Romanian news source Bursa, Continental has leased a hangar from Schaeffler in the town of Braşov and intends to establish a production site employing up to 1,800 workers there. This year the German company intends to invest 70 million euros in Romania, where it already operates eight factories, three research facilities and a central warehouse for Eastern Europe. Recently the company stated its intention to invest some 50 million euros in the mixing facilities at its Timişoara factory by 2012 in order to increase production capacity.

17th September 2010/by Tyrepress Editors

Continental 360° Fleet Services Launched in the UK

On 14 September Continental Tyres Ltd gave Conti 360° Fleet Services its official UK launch. Sharp eyed Tyres & Accessories readers will have spotted news of the European launch of this programme on tyrepress.com back in February as well as in March’s magazine. Seven months later, the UK launch revealed further details of how this will be rolled out across the UK and Europe and how the British ContiNetwork model gave the impetus for what is now know as the Conti 360° Network.

Dates first. Despite being initially announced as operational as early as February this year, the official launch of Conti 360° Fleet Services was – as we can see in mid-September, however the big UK switch-on in is scheduled for October. The Republic of Ireland will join the ranks of the programme with it own independent dealer network – a first for Continental Eire – being launched in November.

16th September 2010/by Tyrepress Editors