November Archives - Page 3 of 34 - Tyrepress

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Metzeler supersport, touring tyres to be introduced by Steven Tyler

Metzeler has enlisted some celebrity help to introduce its latest models at the Metzeler Legendary Knight, a free entrance and open bar event to be held on 5 November at Fonderia Napoleonica in the Motoquartiere of Milan. Aerosmith frontman and Dirico Motorcycles USA spokesman, Steven Tyler will unveil Metzeler’s custom touring ME 888 Marathon Ultra tyre in a Whitewall version and new 23” front size, while popular British rider Guy Martin will help the brand launch its new Sportec M7 RR supersport tyre.

21st October 2013/by Andrew

Masinelli appointed global brand head Vredestein

Vredestein has announced the appointment of Giovanni Masinelli as global brand head Vredestein, joining the global marketing team based in Apollo Vredestein’s London office. He will start operating in his new role on 1 November 2013, reporting to Marco Paracciani, chief marketing officer, global.

21st October 2013/by Andrew

Titan closes private placement of senior secured notes due 2020

International News

Titan International has announced the closing of its offering of $400 million aggregate principal amount of 6.875 per cent Senior Secured Notes, due 2020.

Titan intends to use the net proceeds from the offering to finance the purchase of the Company’s 7.875 per cent Senior Secured Notes due 2017 validly tendered pursuant to a tender offer and consent solicitation which it commenced on September 23, 2013, and to pay all consent payments, accrued interest, costs and expenses associated therewith.

8th October 2013/by Tyrepress Editors

Falken Tyres offering VW up! in competition

Falken Tyre Europe is offering one of its customers the chance to win a new car in time for Christmas. Open to anyone who purchases just two tyres from its award-winning range between now and 30 November, the recipient will receive a new VW up! before Christmas.

3rd October 2013/by Tyrepress Editors

Third Conti Eurobond placed under debt issuance programme

Continental has placed another €750 million Eurobond with institutional and retail investors; the company says it chose to do so in order to take advantage of “the current positive capital market environment as well as the momentum of its previous bond transactions.”

13th September 2013/12,345 Comments/by Tyrepress Editors

Agritechnica | 10/11/2013 – 16/11/2013

“Agritechnica 2011 impressively demonstrated the global importance of agriculture and agricultural technology”, according to the organisers, which also added that: “With over 2,700 exhibitors, 420,000 visitors, including 100,000 from abroad, the show has reach a new dimension”. Held every two years at Hanover Trade Fair, the German Agricultural Society host the world’s largest exhibition for […]

11th September 2013/by Tyrepress Editors

New chief executive for DVLA

Oliver Morley has been appointed as the new chief executive of the Driver Vehicle Licensing Agency (DVLA). Morley will take up the post in November. The current interim chief executive, Malcolm Dawson, will continue as planned in his role until then. Department for Transport permanent secretary Philip Rutnam said: "I am very pleased to welcome Oliver Morley to the Department. He brings a wealth of experience to this crucial role.

9th September 2013/12,345 Comments/by Tyrepress Editors

Continental places 750 million euro bond

Continental AG has placed a 750 million euro Eurobond with institutional and retail investors. According to the company, the aim of the move is to reduce the firm’s interest costs. The bond issued by Continental under its Debt Issuance Program established in May has a term of seven years and an interest rate of 3.125 per cent per annum. Interest will be payable annually in arrears. The issue price is 99.228 per cent.

3rd September 2013/12,345 Comments/by Tyrepress Editors

Lindbergh and Demarchelier snap Pirelli Cal 50th anniversary pics

On 15 August, tyrepress.com reported that fashion photographers Peter Lindbergh and Patrick Demarchelier have been commissioned to photograph Pirelli’s 50th anniversary Calendar. We almost got it right, too – the duo is indeed working with Pirelli to produce a special golden anniversary Calendar photo series, but this project is quite separate from the 2014 Calendar.

19th August 2013/12,345 Comments/by Tyrepress Editors

Pirelli gives a taste of 2014 Cal

Few calendars command media attention like Pirelli’s, and next year marks the 50th anniversary of the first edition. Preview photos taken during production of the 2014 calendar are now doing the rounds, and this peek at next year’s ‘Cal’ suggests Pirelli has decided to continue the more conservative approach photographer Steve McCurry adopted for the 2013 Calendar.

15th August 2013/12,345 Comments/by Tyrepress Editors

GTE attracting more exhibitors

The number of exhibitors registered for the 2013 Global Tire Expo, held in conjunction with the SEMA Show, already exceeds last year, according to the Tire Industry Association.

24th July 2013/12,345 Comments/by Tyrepress Editors

Schaeffler Holding refinances debt, issues bonds

On 17 July, Schaeffler Holding signed a new €3.875 billion credit agreement that it is said to offer improved terms. As part of the transaction, Schaeffler Holding intends to issue high yield bonds in euro and US dollar tranches, with an issue size equivalent to approximately €1.5 billion. This will go towards repaying the company’s debt. Schaeffler says these measures will further reduce borrowing costs and significantly improve capital structure at the holding level.

18th July 2013/12,345 Comments/by Tyrepress Editors

New date for Pirelli board meeting

Pirelli’s Board of Directors will now meet to review results for the six months ended 30 June on 5 August 2013, instead of on 29 July as previously announced. Other planned dates remain the same; Pirelli will present its new 2013-2017 Industrial Plan to the financial community on 6 November 2013, after the approval of results for the nine months ending 30 September 2013, scheduled for 5 November, as previously announced.

15th July 2013/12,345 Comments/by Tyrepress Editors

SmartWay approval for Ringtread pair

Two Marangoni Ringtread Energeco products, the drive tyre RDA-E and trailer tyre RTA-E, have been approved by the SmartWay programme in the US. Tire Review reports that this month’s verification of the RDA-E, with a tread depth of 19.84mm (25/32-inch), follows the November 2012 approval of the RTA-E, with a tread depth of 9.53mm (12/32-inch).

14th March 2013/12,345 Comments/by Tyrepress Editors

Move to new Goodyear HQ begins

The first employees are making themselves at home in Goodyear’s new global headquarters. According to the Akron Beacon Journal, around 200 employees from the tyre maker’s information technology and finance departments started work in the new US$120 million facility on 18 February. Eventually as many as 2,000 employees will work there.

20th February 2013/12,345 Comments/by Tyrepress Editors