Continental Archives - Page 36 of 228 - 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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Continental Tyres and Mercedes-Benz partner in UK TPMS project

Continental Tyres and Mercedes-Benz Trucks UK have created a new integrated digital Tyre Pressure Monitoring System (TPMS).

In recent years, the popularity of multideck trailers has steadily increased as more and more fleets – especially those transporting in the grocery sector – recognise the environmental and cost benefits that these space-maximising trailers can bring. However, such trailer configurations are not without issues. A heavier load and greater frequency of use can lead to tyre pressure challenges and temperature build up around trailer wheels.

15th June 2020/by Chris

Michelin, Conti “well positioned” for market change: Goldman Sachs

Michelin and Continental stocks are rising, despite the severe impact of the coronavirus pandemic and governmental lockdowns on demand. US investment bank Goldman Sachs today raised the target price of shares in the two manufacturers, rating Michelin as ‘Buy’ and Continental as ‘Neutral’. In his two research notes, Goldman analyst George Galliers increased Michelin stocks’ target price from 91 euros to 113 euros, and Conti’s from 75 euros to 92 euros.

12th June 2020/by Andrew

Conti CEO warns staff of job cuts

Career Tracks, Company News, International News, UK News

Photo: Continental AG

Continental AG is warning staff that the company has to save three-digit millions of euros, which will result in staff lay-offs, according to German business magazine WirtschaftsWoche.

10th June 2020/by Chris

Continental launches VF agricultural tyres

Continental has launched its new range of very high flexion (VF) agricultural tyres. The manufacturer states that the tyres are more versatile and safer on the road. They also increase agricultural efficiencies, Conti adds. VF tyres help to reduce soil compaction, which helps to promote increased yields. They can also save farmers time, as a result of field and road performance gains. Conti re-entered the high-value agricultural tyre market in 2017 with the radial Tractor70 and Tractor85 ranges. It said that it intended to expand its agricultural tyre portfolio to 100 sizes by 2019. The VF tyres are the latest move to increase market coverage.

3rd June 2020/by Andrew

Bandvulc supplying Specialist Fleet Services

Retreading, UK News

Bandvulc; Continental

Bandvulc, a Continental Tyres subsidiary is the preferred choice for leading contract hire and fleet management company, Specialist Fleet Services (SFS). Indeed, SFS, a leading contract hire and fleet management supplier to local authorities across the UK, is seeing its relationship with Teignbridge District Council move into an 18th year, something the companies credit in part to the tyre supply and management contract with Bandvulc.

27th May 2020/by Chris

Conti ‘intensively’ monitoring European tyre demand and production, but R&D budgets intact

Company News, International News

Following Continental’s first quarter 2020 financial results and reports that the company is preparing to cut its R&D budgets and European tyre production, Tyres & Accessories asked executives at the company’s Hanover, Germany headquarters to comment on the proposals. According to the tyre manufacturer, Continental is “intensively” monitoring European tyre demand and production “including a review of our tyre manufacturing footprint if we conclude that volumes will not recover to expected volumes”. Furthermore, there may have been reductions in tyre testing frequency as an inevitable result of social distancing, but overall research and development budgets remain intact.

20th May 2020/by Chris

Continental AG measures ‘encouraging’, but R&D budgets and European tyre factories could be cut – analysts

Company News, International News

Financial analysts from Jefferies described Continental AG’s plan for fiscal improvements during the corona-crisis “encouraging”, according to an analyst report published 15 May 2020. That Conti’s management highlighted “positive data points in China and the European replacement tyre market”, would seem to be positive indications for the whole tyre business. Specifically, replacement tyre demand was described as “strong” in Germany. However, R&D budgets are likely to be cut and there was even the suggestion that European tyre factory numbers could also be cut back.

15th May 2020/by Chris

Continental’s Taraxagum project gains momentum

Stephen Goodchild

The miniscule pieces of plant root that Dr Tobias Ruckert shows us look for all the world like fresh spices, but the recipes he prepares with them aren’t for eating. These roots are from the Taraxacum kok-saghyz (TKS) plant, better known as Russian dandelion. Continental has been evaluating its suitability as an alternative source of natural rubber for much of the past decade.

14th May 2020/by Stephen

Triangle returns to China car tyre top 10, Michelin retains top spot

International News

Stephen Goodchild

Triangle Tyre expresses pride in its comeback as a top-ten consumer tyre brand in the China Brand Power Index (C-BPI) 2020. The brand occupies ninth place, ahead of domestic rivals such as Warrior, Chaoyang, Giti and Linglong.

13th May 2020/by Stephen

Continental launches VECTO, fleet tyres, emissions microsite

International News, Legislation, Product News

Continental AG has just launched a microsite containing information about the latest CO₂ emissions regulations for heavy goods vehicles and the VECTO (Vehicle Energy Consumption Calculation Tool) simulation tool.

12th May 2020/by Chris

Continental delays Vitesco spin-off

Company News, International News

On 1 May Continental AG said it will delay spin-off of its powertrain business Vitesco Technologies. Rather than executing that plan in July, as had been planned, the automotive supplier said it will pursue the listing of its powertrain subsidiary business when market conditions improve.

4th May 2020/by Chris

Wheels win gives Continental another tyre test victory

More news from Australia, this time a tyre test win for Continental. The PremiumContact 6 has been named victor in Wheels magazine’s ten-tyre comparative evaluation.

29th April 2020/by Stephen

Award for Continental Urban Taraxagum

The judges of the d&i awards 2020, which are presented in association with the Taipei Cycle Show in Taiwan, have honoured Continental with their highest accolade. They awarded the d&i Golden Award to the Continental Urban Taraxagum, praising both the tyre’s production from locally-sourced dandelion rubber as well as its tread and sidewall design. The Taipei Cycle Show itself had to be cancelled on account of the coronavirus pandemic but the awards were nevertheless presented.

27th April 2020/by Stephen

General Tire makes OTR sector comeback

General Tire has returned to the OTR tyre market – but not in Europe at this point in time. The Continental brand previewed its relaunch range at the Tire Industry Association Off The Road Conference in the USA in February, and General OTR tyres are being offered to customers in the Americas and Asia Pacific regions.

23rd April 2020/by Stephen

Continental CST appoints Hübner its agri product line manager

Benjamin Hübner has taken over as product line manager for Continental Commercial Specialty Tires’ Agricultural Tires business. In this function, he is responsible for the strategic development within the agricultural tyre segment.

23rd April 2020/by Stephen