Continental forms new ‘Specialty Tires’ business unit
Continental has announced the reorganisation of various global specialist tyre activities into a single ‘Specialty Tyres’ business unit. Formed on 1 July, the company has combined its ‘Commercial Specialty Tires’, ‘Two Wheel Tires’ and ‘Hoosier Racing Tire’ business areas under the new umbrella unit. The result of the reorganisation means the entire Continental speciality tyre business will be developed, manufactured and distributed worldwide under the new unit. It brings together tyres for material handling, the agricultural, port, and construction sectors, bicycle and motorcycle tyres, and tyres for racing. The move continues the evolution of various specialist tyre segments within the company, begun at the start of 2013, when Conti renamed its industrial tyres business ‘Commercial Specialty Tires’.