After weeks of speculation South Korean tyre manufacturer Nexen Tire has confirmed that it is investing US$800 million in the construction of a new tyre factory in the city of Nošovice, in the east of the Czech Republic.
On Sunday the first race of the 2014 MotoGP gets underway at Qatar’s Losail International Circuit, and Bridgestone says it “has not forgotten the growing army of fans attracted to MotoGP” in its sixth year as official series tyre supplier. To aid spectator involvement, the tyre maker has introduced a new sidewall colour marking system into the series and will debut this in Qatar.
Landsail has announced that its new run-flat range is expected arrive with UK retailers before the end of March 2014. The range will continue to be expanded throughout the year with fitments for ultra high performance and SUV applications.
Earlier this month, Nexen Tire responded to speculation that it had selected the Czech Republic as the site for its new European tyre factory by stating that these were merely false rumours. Now it seems Poland’s Deputy Prime Minister and Economy Minister Janusz Piechociński has indicated his country is top contender. On 14 March, the Warsaw Business Journal published a comment Piechociński reportedly recently made: “Soon there will one of Europe’s largest tyre factories in Lower Silesia.”
The European Commission has authorised €57.9 million of regional investment aid for Hankook Tire Hungary Manufacturing and Trading Ltd. This will be used to erect a second greenfield facility alongside Hankook’s plant in Rácalmás, which entered production in 2007. The new consumer tyre facility will produce ultra-high performance tyres, sealant and run-flat tyres, and these products will be sold globally.
Ceat Ltd reports that production has resumed at its Bhandup facility following the fire that broke out in the plant’s raw material store on 23 February. Company managing director Anant Goenka shared with India’s Business Standard that the cause of the fire is still unknown, however sabotage has been ruled out.
On 22 February, the official opening ceremony for Yokohama India’s Bahadurgarh plant was held in the presence of regional and company dignitaries. Trial production has already begun at the plant ahead of a start of commercial manufacture in the second half of this year.
Bilstein has released details of a range of adjustable damper upgrade for BMW’s E92 M3. The German firm, which has many solutions for this platform, now offers full plug and play compatibility with the factory EDC system, keeping full functionality with the factory switchgear. The EDC-compatible unit is based on the Bilstein B6 unit and […]
The member of Parliament for Erdington, the constituency when Goodyear Dunlop is based has criticised the “outrageous and irresponsible” way in which the tyre manufacturer has opted to close its Dunlop Motorsport factory in Birmingham. Jack Dromey (Labour) said the closure confirmation came two days after a summit with business secretary Vince Cable.
In summer 2013, Yokohama Rubber began building a passenger car tyre factory in China’s Jiangsu Province, the company shared today. The new plant is being erected adjacent to a truck and bus tyre factory operated by Chinese subsidiary Suzhou Yokohama Tire Co., Ltd., and is expected to begin production in April 2014. Production capacity will grow incrementally until it reaches six million tyres per annum by the end of 2017. Total investment in the plant will amount to approximately ¥26.5 billion (£153.7 million).
French Prime Minister Jean-Marc Ayrault and Minister of Industrial Renewal Arnaud Montebourg have welcomed the end of the long-term standoff over Goodyear’s Amiens Nord factory. In a statement issued on 22 January, Montebourg expresses confidence that the signing of a deal between Goodyear management and representatives of the CGT (Confédération générale du travail or General Confederation of Labour) union will end the plant’s occupation and seven years of tension.
Pending a final decision on where it will relocate when its current Fort Dunlop lease expires, Dunlop Motorsport’s continued presence in Birmingham remains uncertain. MP for Erdington Jack Dromey has urged Goodyear Dunlop to make a decision soon, and to consider the long history the Dunlop name shares with the city and the UK when it does.
According to unverified news published by Indonesian business publication Kontan and repeated in English by Reuters, tyre maker PT Multistrada Arah Saran has cancelled its plan to build new plants in Egypt and Kazakhstan this year. Even Go, investor relations officer at Multistrada, said this decision was taken due to concerns about political instability and security within the Middle East region.
Public prosecutor for the French commune of Amiens, Bernard Farret, reports that management at Goodyear Dunlop Tires France have filed an ‘arbitrary detention and abduction’ complaint following the enforced detainment of two senior managers at its Amiens Nord factory earlier this week. Production manager Michel Dheilly and human resources director Bernard Glaser were held for almost 30 hours and only freed at around 3:30pm Tuesday after police entered the building.
The two Goodyear managers held against their will by workers at the company’s Amiens Nord factory in France have been freed, various news sources report. Their release occurred several minutes after police entered the facility. Related news: Amiens Nord workers protesting again Goodyear lodges complaint over managers’ ‘boss-napping’ Drug Sting Brings Arrests, Warrants at Goodyear […]
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