November Archives - Page 31 of 34 - Tyrepress

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Essen Motor Show Booked Out

All exhibition space at the 37th Essen Motor Show is booked out, say the organisers. From 26 November to 5 December, 2004, 570 companies from 19 different countries will present their latest innovations. In keeping with the exhibition’s motto “Formel Fun,“ the organisers want to bring visitors’ fascination with cars to life. One of the biggest and most influential passenger car exhibitions this year, the show is expected to attract more than 400,000 visitors. Several new models are expected to make their debut. In addition, the tuning sector of the industry will display many new products on its exhibition stands.

6th September 2004/by Tyrepress Editors

Continental makes Rainer Strang responsible for ‘Public Relations Tyres’

Rainer Strang has been appointed to strengthen the PR team of the Continental AG’s two tyre divisions. He will is expected to begin his new position on 1 October, but will definitely start by 1 November 2004. Mr Strang succeeds Markus Burgdorf, who left the company in spring in order to work independently of the company. “I am looking forward to the vocational challenges in one of the most successful automotive industry suppliers in the world,“ comments Strang on his move to Hanover.

16th August 2004/by Tyrepress Editors

Bank of England Raises Interest Rate to 4.75 per cent

The Bank of England raised interest rates yesterday for the fifth time since November. The rate increase of one quarter of one per cent, to 4.75 per cent, is seen as a way of cooling the UK’s booming property market and slowing the nation’s growing burden of consumer debt.

6th August 2004/by Tyrepress Editors

INTERauto 2004 to Host Free Seminars

Automotive interior show, INTERauto has announced that it will be hosting a programme of free seminars for visitors at this year’s event.

The exhibition, to be held in Cologne on 3-5 November, will be the 7th show organised by Turret RAI plc. The company describes the show as “the place for automotive interior manufacturers to meet and showcase current ideas and products in all aspects of the industry.”

23rd July 2004/by Tyrepress Editors

TIA Launch Global Council

The Tire Industry Association launched its Global Council at the Reifen 2004 trade show in Essen. The Council was formed in February 2004 with the intention to “pursue effective solutions for today’s global tyre industry.”

30th June 2004/by Tyrepress Editors

Shock Absorber Fault causes Passat Recall

A possible shock absorber fault has caused Volkswagen to recall approximately 33,000 of its Passat models. The affected vehicles were manufactured between August and November 2003 and had been sold throughout Europe. One explanation for the fault is that a screw could have been tightened to the wrong torque, thereby running the risk it could become detached.

24th June 2004/by Tyrepress Editors

Goodyear Expands Production At Tyler Plant

The Goodyear factory at Tyler, Texas, is to increase daily production by 3,000 tyres to 27,000. This follows growing demand for Goodyear’s new Assurance line of tyres and will involve the recall of around 50 workers. These were among 200 staff laid off in November last year.

17th May 2004/by Tyrepress Editors

Name Change For International Tire Expo

The International Tire Expo–part of the SEMA Show in the USA–is changing its name to “Performance Wheels & Tires sponsored by TIA”. TIA is the Tire Industry Association and the event will still be held in conjunction with the SEMA Show. This year’s event runs from November 2 – 5 in Las Vegas.

29th April 2004/by Tyrepress Editors

Amcast Reports 2004 Q1

Amcast Industrial Corporation has reported financial results for its fiscal 2004 first quarter ended November 30, 2003. First quarter sales of 112.9 million US dollars compared with 112.2 million US dollars in the prior year. Net income for the quarter was 1.0 million US dollars, versus a prior-year quarterly net loss from continuing operations of 1.8 million US dollars. Amcast’s first quarter profit was due to continued strong performance by wheel plants and by the Wapakoneta, Ohio aluminium components plant.

19th December 2003/by Tyrepress Editors

Kanwar’s ATL stake down by 6.54 per cent

The shareholding of Apollo Tyres Limited (ATL) promoter Onkar S. Kanwar will come down by 6.54 per cent to 37.33 per cent after preferential allotment of 14.90 per cent of the company’s existing shares to French tyre manufacturer Michelin Group. After the proposed allotment of shares to Michelin, the stake of promoters and business associates in the company would come down to 37.33 per cent from existing 43.87 per cent, an ATL official said. ATL had announced in November to allot 14.90 per stake in the company to world’s largest tyre maker, Michelin, to enter into a technical alliance for manufacture of passenger car radial tyres by ATL and also set up a 51:49 joint venture with it for manufacturing and marketing truck and bus radial tyres.

11th December 2003/by Tyrepress Editors

VW Lupo through 20 countries… with just 100 Euro on fuel

Austrian journalist and ‘fuel economy record man’ Gerhard Plattner succeeded in crossing 20 European countries in a VW Lupo 3L TDI, with a fuel budget of less than 100 Euros. Plattner relied on Bridgestone Ecopia low-rolling-resistance tyres that are fitted as standard on the Lupo. Their fuel-saving capabilities helped him to achieve a record average consumption of a mere 2.78 litres/100 km. The attempt began on 3 November 2003 in Oslo, Norway, and ended 4,683 kilometres and four days later in The Hague, The Netherlands. Running at an average speed of 80.76 km/h, the Austrian managed to complete the trip having spent only 90.94 Euro from the budgeted 100.

13th November 2003/by Tyrepress Editors

Kwik-Fit Fleet turnover rises

Kwik-Fit Fleet has announced record turnover for the first six months of this year; up 5.4 per cent to 54.6 million Pounds. This follows the acquisition last November of the Kwik-Fit group by CVC Capital Partners from the Ford Motor Co. KFF has also recently switched advertising agencies and London-based Atkinson Associates will now handle the 1.5 million Pound account.

15th October 2003/by Tyrepress Editors

Goodyear announces Huntsville closure plans

Goodyear has announced plans to close its factory at Huntsville, Alabama, by December 5th, affecting around 1,100 associates. The closure of Huntsville was widely expected, following the recently-ratified labour agreement with unions. Meanwhile, union representatives at the Kelly-Springfield plant in Tyler, Texas, say that tyre production has been cut by 11,000 units a day and up to 200 workers could be laid off by mid-November, hopefully only temporarily, says the union.

7th October 2003/by Tyrepress Editors

New Production Process From Kumho

Kumho is the latest tyre manufacturer to introduce a new method of tyre manufacture. Known as APU (Advanced Processing Units), the modular system is being incorporated in the new Kumho factory that is being built at Pyongtaek, Korea, close to some major car assembly plants. The new factory will be dedicated to tyre production for the OE market and the first module will start production in November this year. Further modules will come on stream at the rate of one per month until full capacity is reached in February 2004. This full capacity will be in excess of two million tyres a year.

20th August 2003/by Tyrepress Editors

“Tyre World” Postponed

The “Tyre World” exhibition, due to be held in London in November, has been postponed until further notice. Buzz Carter, managing director of organisers, IDEX Exhibitions Ltd., said that the decision was taken primarily due to the hesitation of certain UK companies in making a commitment to the show. However, he believes that an exhibition remains an excellent medium for doing business and said that the industry must decide what form of event it will support and, to this end, IDEX will establish a consultative group to work with the industry to shape the future of industry events.

8th May 2003/by Tyrepress Editors