The Board of Management at German specialty chemicals company Lanxess AG initiated a company-wide restructuring programme at its meeting on 24 July, however detailed information about the shape this restructuring will take won’t be made public until later this year. At present, the measures planned as part of the programme are being discussed with the company’s Supervisory Board and employee representatives.
Following the collapse of Unipart Automotive last week, competitor and former front-runner in potential rescue talks, Euro Car Parts, has announced that it plans to create 1500 jobs over the next 18 months. The fact that this figure is roughly equivalent to the entire size of the former Unipart Automotive workforce should not be overlooked. Neither should the obvious question – how? With this and the Unipart collapse in mind, what looks clear is that, compare with the first half of this year, the automotive aftermarket will be a significantly different place.
Two years ago, Goodyear Tire & Rubber said it would hire 1,000 United States ex-military personnel over the coming three years. Today, the company announced it surpassed this goal more than a year early, and has pledged to hire an additional 1,000 veterans. The company has also formed an employee veterans association, which is devoted to supporting the transition to civilian life and enabling internal networking opportunities.
Pirelli has announced its compounds for the Formula One grands prix in Belgium, Italy and Singapore. At Spa, one of F1’s most spectacular and demanding circuits, Nico Rosberg, Lewis Hamilton and the increasingly distant chasing pack will use the P Zero White and Yellow medium and soft tyres suited to Belgium’s the varied track and weather conditions.
Vipal Rubber clients have held a joint event with Turkish distributor Tatko in Serbia to celebrate recent sales successes in the region. Tatko is responsible for distributing Vipal and Ruzi products in Turkey, Ukraine and other countries in Central Asia, and the Belgrade event reflects Vipal’s emphasis on its partner relationships, the Brazilian retreading company states.
German OTR tyre specialist Rösler has launched its Intread TPMS system. The system is the first OTR TPMS system with the ability to measure the tread depth and the belt temperature. Rösler exhibited the system at Reifen 2014.
Dr. Seshu Bhagavathula has been appointed Apollo Tyres Ltd’s new chief technology officer, and at the same time inducted into the company’s Management Board. He will be based at Apollo’s global R&D centre in Enschede, the Netherlands and lead global initiatives in the areas of tyre technology, research and new product development, for both passenger and commercial vehicle tyres. He will be assisted by the tyre maker’s research, technology and design teams across all regions.
In this month’s magazine (July 2014), as well as our the conclusion of our comprehensive review of the Essen Show (see page 40 onwards) plus features on manufacturing (from page 24) and batteries (page 8+), we report on the potential “Return of US tyre import tariffs” (on page 30). Reading this article, you could be forgiven for thinking you had stepped into a time warp to 2009 where proceedings followed a very similar course. This time round, the potential implementation of a second round of import US import tariffs aimed squarely at China have fermented rumours about whether anything similar is likely to happen in Europe. So will it?