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33rd Essen-Motor-Show International

From the 1st till the 10th of December the 33rd “Essen-Motor-Show-International” opened its gates. For ten days, more than 550 exhibitors in 18 exhibition halls were showing the whole range of individual vehicle models for the world market and the broad palette of vehicle accessories. The Essen-Motor-Show enjoys the international reputation of being the biggest and most comprehensive show for automobile tuners. The tuning business is booming in Europe. Whereas the German passenger car market has decline by more than ten per cent this year, the tuning companies are reporting increasing turnovers. After 7.8 billion DM in the previous year it is expected that the eight billion DM benchmark is going to to be reached this year. But the tuning business guarantees not only high net earnings, it guarantees jobs as well. In 1999 the sector employed 18.000 people. For the car tuners the Essen-Motor-Show is traditionally the most important platform for presenting their products. The exhibitors have shown numerous world premieres in Essen. A review on this event is features in the December edition of NEUE REIFENZEITUNG.

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Related news:

  1. Car Makers To Slash Jobs
  2. UK Members of Marine Hose Cartel Plead Guilty
  3. Pirelli Planning Job Cuts and Plant Idling, says Union
  4. Cooper Cuts “30-50” Jobs at Melksham Tyre Plant
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The Heat Is On For Goodyear

There is a theory that all news stories are born equal. The level of their importance increases as the story reaches the top of the pile on the news editor’s desk. The Firestone recall moved latent news about possible problems with Goodyear tyres to the top of the pile. The National Highway Traffic Safety Administration have 58 complaints against Goodyear, 46 of which were filed after the announcement of the Firestone recall. Goodyear is facing a pincer movement, on the one hand being accused of being too slow in their introduction of changes made to the Load Range E tyre to improve safety, and on the other of carrying out a “silent recall”. Learn more about this in TYRES & ACCESSORIES’s December edition.

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Related news:

  1. Bridgestone Is Running Ahead Of Competition In The USA
  2. Goodyear India to Pay Dividend – updated
  3. Pasadena “Court” to Fly on Goodyear Blimp
  4. 3 tyres rated ‘exemplary’ in Auto Bild’s winter tyre test
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Cheng Shin Opens US Technical Centre

In December, Taiwanese tyre manufacturer Cheng Shin, producer of the Maxxis brand, opened a technical centre in Georgia where the company employs five people. Cheng Shin already has an R&D centre in Taiwan, employing more than 150 technical staff. The company does not plan to open other R&D centres outside Taiwan.

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  1. Maxxis Marks Ten Years of British Motocross Sponsorship
  2. Insurance: Soaring Costs Or No Cover
  3. Bridgestone 2003 Profit Up
  4. Accuride Posts Q4, Annual Results
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General Tire Recalls Truck Tyres In The USA

In the USA, General Tire has begun a recall of 4,750 truck tyres, produced between December 1998 and February 1999. A Continental Group spokesman pointed out that the company is not acting under any legal obligation, and the move is a precautionary one.

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  1. Now Continental General Tire Responsible For 18 Deaths?
  2. Memorandum of Understanding signed by Continental
  3. Continental Tire: Break even will be reached in 2005
  4. Conti Selected for Land Rover Experience Tour
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Reuters To Sponsor BMW-Williams Formula 1 Team

The news group Reuters has been named as sponsor of the BMW-Williams F1 team for three years. In December, BMW and oil company Castrol announced that they would work together but the main sponsor was only revealed today.

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Related news:

  1. Michelin To Enter Formula 1
  2. German Insurer “Allianz” To Sponsor Formula 1 Team
  3. Williams-BMW Successful Because Of Michelin Tyres
  4. Three Sets of Tyres for a Formula One weekend?
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Reifen Schneider Calls In Receiver

The German tyre dealer Reifen Schneider (Mulheim-Karlich) called in the receiver in late December last year. At its peak the company was selling about half a million retreaded tyres from the Technic Group and it is most likely that the Germans were strongly affected when the British retreader ceased trading at the end of 1999.

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Related news:

  1. Nokian Tyres shares subscribed with option rights
  2. Amtel Confirms Krasnoyarsk Plant Sale
  3. Government Can’t Intervene in Dunlop India Crisis
  4. Titan Tire Faces Fines for Safety Violations
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Pacific Dunlop Announces Drop In Net Income

The Australian Conglomerate, Pacific Dunlop Ltd., cannot reach its income figure from 1998 of A$ 188m. In the first half of 1999 the company reached a net income of A$74.5m compared with A$ 101.7 million for the first six half of 1998.

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Related news:

  1. “Only Over My Dead Body” – Goodyear And Dunlop Brands Remain In Competition
  2. Goodyear Sets Quarter and Half-year Sales Records
  3. Goodyear Plant, Union Reach Deal
  4. Goodyear Increases Commercial Tyre Prices
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Top-Executive Succession At Continental AG

Dr. Wolfgang Ziebarth (50), former member of the Board of Management of BMW AG, will be appointed to the company’s Executive Board with effect from October 1st, 2000. In December, Dr. Ziebarth is to assume responsibility for the Continental Automotive Systems Group, thus succeeding Hans Albert Beller (62) who is to begin his planned retirement after building up the unit for the past seven years.

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  1. Commercial Register Entry Seals Phoenix Takeover
  2. Continental Supplies BMW M5 and M6
  3. Brose Buys Conti’s Electric Motor Operations
  4. Former Conti Deputy Director Appointed to Autoliv Board
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Dividend of 30 Cents Per Goodyear Share

Directors of The Goodyear Tire & Rubber Co. have declared a quarterly dividend of 30 cents per share. The dividend is payable December 15, to shareholders of record on November 16. The payout represents an annual rate of $1.20 per share.

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  1. Goodyear Declares Dividend of 12 Cents per Share
  2. Cooper Tire & Rubber Announces 143rd Quarterly Dividend
  3. Goodyear Appoints Nolan to Senior HR Position
  4. Goodyear declares dividend on 5.875% preferred stock
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M+S Tyres Mandatory In Sweden

From December to March, cars, light trucks, trailers and buses (up to 30 t) in Sweden must be fitted with M+S tyres. In the past, many motorists – particularly in the south of the country – drove on summer tyres all year round, especially on used cars or second family cars.

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Related news:

  1. M+S Tyres Mandatory In Finland
  2. ‘You Have Been Seen Driving While Using Your Mobile’
  3. Good Garage Scheme Launches Second Phase
  4. Pirelli Offers Welsh Drivers Tyre Pressure Checks
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Michelin back in Formula 1?

There are persistent rumours that Michelin will be entering Formula 1 from the year 2001. BMW/Williams is the most likely partner. It is expected that Michelin will make an announcement in December this year. Other rumours say that Goodyear intends to return to Formula 1 Racing as well, but research carried out by NEUE REIFENZEITUNG confirmed them to be unfounded. Very recently the Americans even anounced to pull out of the IRL and CART Series in the USA.

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Related news:

  1. “Eufori@” – Two Premieres For Pirelli
  2. Diesel Driven Audi Takes Le Mans on Michelin Tyres
  3. Back to Business at Goodyear
  4. Goodyear US Starting Pay Reduced to $13 an Hour
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M+S Tyres Mandatory In Finland

Finland has followed its neighbour Sweden by passing a law which means that, from 1st December to 29th February, all cars in Finland must be fitted with M+S tyres, having a minimum tread depth of at least three millimetres. The law applies not only to Finnish motorists, but to foreign drivers too.

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Related news:

  1. M+S Tyres Mandatory In Sweden
  2. Keep Safe Over Winter with Kwik-Fit
  3. Ring Introduces Tyre Pressure Gauge Range
  4. Europeans Soft on Tyre Inflation
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