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.”
Carving out winter tyre developments Continental launched its latest winter tyres in December at an event held at the winter proving ground at Arvidsjaur, Sweden. The manufacturer’s new WinterContact TS 850 P will come to the performance car and SUV market in the autumn of 2014, delivering improvements over its TS 830 P predecessor in […]
Football is Continental AG’s sponsorship medium of choice for its Continental tyre brand, and the German manufacturer has added to its existing agreements covering the 2014 FIFA World Cup in Brazil and UEFA EURO 2016 in France with a further UEFA deal. The agreement with European football’s governing body includes touchline advertising at European Qualifiers for UEFA EURO 2016 and the 2018 FIFA World Cup in Russia, and a presence on www.UEFA.com, the official website for the European Qualifiers. Continental will also enjoy a significant rights package at the UEFA Under 21 Championship 2015 and 2017, UEFA Women’s EURO 2017 and UEFA Futsal EURO 2014 and 2016 tournaments.
Tyre market revenues in Mexico grew at around 19 per cent compound annual growth rate (CAGR) between 2009 and 2012, according to a report published by Research and Markets.
The combination of Mexico’s relatively cheap skilled labour, proximity to the United States, membership of NAFTA and 12 free trade agreements with world’s growing economies such as EU, Japan, Canada, and the United States, are said to have made the country “an ideal production centre for automobiles and components”. However the report also suggests that the automobile population in Mexico is underperforming with only 275 cars per 1,000 people as of 2012.
Continental AG has integrated the cables for wheel speed sensors and the electric parking brake (EPB) into a single harness, making the company one of the first manufacturers to offer such a combination of components. And what’s more a Japanese car manufacturer is set to introduce the innovation in 2015.
Continental Tire the Americas has thanked “everyone who came from near and far and braved the weather” to attend the opening of its Sumter factory in South Carolina. Despite the arrival of an Arctic cold front, on 28 January several hundred guests, including Germany’s Ambassador to the US and South Carolina Governor Nikki Haley, attended the facility’s official inauguration.
Volkswagen has approved Continental summer tyres for original equipment fitment on three of its models – 15 and 16-inch versions of the ContiEcoContact 5 and ContiPremiumContact 5 will be fitted to the Golf 7, the CC receives a 17-inch rim diameter version of the ContiSportContact 5 and ContiEcoContact 5, while the car maker says that the Beetle will be fitted with the 20-inch ContiSportContact 5.
UK car producers have come out as strong supporters of Britain’s membership of the EU, and a new group has commissioned a major research study into the benefits of belonging to the trading block to underline the ramifications of a potential exit.
The proliferation of electronic driver assistance systems is making the average vehicle more dependent on computing power than ever before. The latest trends see cars becoming more connected to their user’s personal computing systems and the Internet than ever as well. The combination of the two raises security questions, but are they valid and how does all this related to the tyre/TPMS business?
Starting 1 January 2014, Thorsten A. Bublitz is supervising the international expansion of all agricultural activities within Continental’s Commercial Specialty Tires business unit in his new role as business line manager agro. In this position he reports to business unit managing director Dr. Michael Maertens.
As long as TPMS remains the third largest selling intelligent car component after ABS and ESC, the performance of this technology in key emerging markets will remain of significant interest to the wider industry. With this in mind, and as part of more detailed coverage in our February magazine’s TPMS feature, we have prepared this brief market overview:
Giti Tire has appointed Daria Sala Della Cuna as country manager for the Italian, Spanish and Portuguese markets. She will replace Corrado Moglia who has accepted a new international role within Giti Tire to be announced soon, in the position. Moglia joined Giti Tire in 2006 as sales director for Southern Europe, before becoming marketing […]
Continental’s newly-published provisional key figures for the 2013 fiscal year show the tyre and automotive component maker achieved an adjusted EBIT margin of 11.2 per cent, comfortably beating the target of at least 10.5 per cent set last November. Year-on-year sales increased slightly, rising from €32.7 billion to €33.3 billion.
As reported yesterday, Pirelli CEO Marco Tronchetti Provera, whose family holds the largest single stake in the company, plans a full departure from the company, first as CEO and then as shareholder. The only point we can now speculate on is the timeframe this will occur within; Tronchetti says he plans to take this step in 2017.
Last year, Continental introduced the first tyres in its third generation commercial vehicle range. These initial products, the HA3 Conti Coach, Conti CityPlus and the Conti Urban, catered to passenger transport, and now the manufacturer has followed up with the launch of its first 3G tyre for the goods sector, the Continental EcoPlus HT3 trailer tyre.
To mark his upcoming 66th birthday on 18 January, Marco Tronchetti Provera granted German newspaper Frankfurter Allgemeine Zeitung a long interview. During this he shared his intention to step down as Pirelli’s chief executive in the coming two years and subsequently sell the family’s 25.1 per cent share in the company. His three children are following their own paths and anyway it is difficult to inherit the role of business entrepreneur. Until last year, Tronchetti was also engaged in a showdown with the Genoa-based Malacalza industrial family. Tronchetti originally invited the Malacalza family to become investors, but later Tronchetti gained the impression they were trying to oust him. In the course of this struggle Francesco Gori, in charge of Pirelli’s tyre business, lost his job. He now serves as an advisor to Malacalza Investitmenti, which is currently the second-largest Pirelli shareholder but openly interested in expanding its involvement.
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