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Government Backs General Motors Europe With £270 million Loan Guarantee

Business Secretary Lord Mandelson announced today (12 March) that the government has agreed a €300 million (£270m) loan guarantee with GME Europe. Agreed under the government’s Automotive Assistance Programme, the British loan guarantee will be joined by extra support from GM in the US and other European government. According to the business secretary’s office, the guarantee is designed to help secure the company’s operations in Britain and the rest of Europe and follows “detailed and highly complex talks between the Government and GM.”

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Dunlop New Exclusive Ducati 848 Challenge Tyre Supplier

Dunlop has been announced as the sole tyre supplier to the new Ducati 848 race series. The leading tyre manufacturer agreed a deal with New Era Motorcycle Club and Ducati UK to ensure all bikes racing in the new championship are shod with Dunlop rubber. The Dunlop control tyre will be the Dunlop D211 GP Racer, which features NTEC and MultiTread Compounds, will harness the 134hp and 70.8lb-ft of torque generated by the Ducati 848s. As part of the deal, Dunlop is offering the winning rider from each round a pair of Dunlop tyres for their race bike. The Ducati 848 Challenge starts at Silverstone on 24 April.

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Bridgestone Europe Rated a “Top Employer”

The CRF Institute, an independent research organisation specialised in labour conditions, has certified the Brussels based Bridgestone Europe headquarters a “top employer” in its Top Employers Belgium 2010 ranking. According to CRF, Bridgestone’s most outstanding employer attributes are its internal promotion policy and the training it provides.

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Exide Commits to Continued Team Solberg WRC Sponsorship

Exide Technologies has announced the continued sponsorship of Henning Solberg in the World Rally Championship. The company’s Norwegian subsidiary has sponsored Solberg since 1993 and this sponsorship was broadened to include Exide’s entire European Transportation organisation several years ago. As part of the company’s sponsorship, Exide Technologies provides the with Exide batteries for its vehicles. Solberg and co-driver Cato Menkerud will again sport Exide logos on their uniforms and car.

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New HP Tyre ZT5 from Avon for Small and Medium Cars

Avon Tyres’ latest high-performance tyre, the ZT5 has been designed with what the company calls “the latest ‘pitch technology’ to reduce road noise for a quieter ride and to ensure that the new tyre conforms with EU noise legislation.” The ZT5 also possesses what Avon calls an “innovative tread design, which offers optimum road grip when wet”. The tyre caters for a wide range of popular small, medium-sized vehicles, such as the Ford Fiesta, Volkswagen Polo, Vauxhall Corsa, Citroen C3 and Peugeot 207.

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Goodyear EfficentGrip Receives Low Rolling Resistance Treatment

“As a company, we lead the industry with forward-looking tyre technologies that contribute to greater road safety and reduce the impact on the environment.” These words of confidence came from Goodyear Dunlop Tires Europe president Arthur de Bok, who was commenting on the company’s presence at the Geneva Motor Show and the innovations the company is highlighting there.

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Hayes Lemmerz. Receives “A” Rating From Audi

Hayes Lemmerz International has announced that its Hayes Lemmerz Holding GmbH organisation in Germany has received an “A” level performance rating from Audi Ingolstadt for supplier project development and project engineering in connection with steel wheels produced for Audi at the wheel manufacturer’s plants in Manresa, Spain and Manisa, Turkey.

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Goodyear Dunlop Names George Rietbergen As New UK MD

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Goodyear Dunlop Tires Europe has appointed George Rietbergen as managing director UK and Ireland. Rietbergen will move to Birmingham to take over from Mark Brickhill, who has been promoted to vice-president of the company’s Consumer Business Unit EU. The appointment means Rietbergen is Goodyear Dunlop UK and Ireland’s third managing director since 2004.

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Bridgestone Now Supplying All Major European Manufacturers

Following recent original equipment deals Bridgestone claims to be a supplier to every one of Europe’s major car companies and main market segments. These agreements include the first non-Michelin Citroën OEM contract in more than 70 years, the new Potenza S001 and a rash of Ecopia fitments.

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Prices Up at Bridgestone Europe

Escalating raw material costs, particularly those for that most necessary of commodities, natural rubber, has prompted Bridgestone Europe to increase prices on all tyre products. The new pricing takes effect April 1 and while the increases will vary according to product category and market, tyres will on the most part become between three and five per cent more expensive.

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Geneva Debut for Yokohama’s C.drive2

“We respect the Environment…” is a new slogan in use at Yokohama Rubber, and the Japanese manufacturer will be showing this respect in tyre form at the Geneva International Motor Show with the European premiere of its “C.drive2” high performance eco tyre. This new product will be presented alongside the company’s flagship eco tyre, the “dB super E-spec”, which was released in Europe during summer 2009.

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Deldo Expands Sales Teams

Since its foundation in 1973 Deldo Autobanden has grown consistently to become one of the major players in the European replacement market. After 37 years, the company states that a transparent policy, a healthy (family) spirit and excellent service are still the key factors behind its success – a success that saw almost seven million tyres being sold last year.

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Eco and Safety Focus for Bridgestone in Geneva

Bridgestone Europe reports the company’s presence at the 2010 Geneva Motor Show will centre upon Bridgestone’s long-term safety and environmental protection strategy. The 210 square metre stand (no. 2143 in Hall 2, for those of you planning a visit) will throw the spotlight on the Ecopia range – a product that, incidentally, derives it name from a combination of the words ‘ecology’ and ‘utopia’ – and feature no less than four key Ecopia products.

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Despite Hard 2009, Conti Looks Toward Sales Growth This Year

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Despite an overall upbeat tone, the word “crisis” has featured strongly during Continental AG’s reportage of its 2009 financial performance on February 23, a likely indication of the extent to which the German automotive supplier was affected by last year’s market downturn.

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