During last Thursday’s annual press conference, Continental CEO Dr. Elmar Degenhart shared that expansion of the tyre business and further acquisitions are on the cards as part of the company’s aim of reducing its reliance on the automotive original equipment industry. After discussing the recent acquisition of Veyance Technologies, a firm he described as “ideally” matching the ContiTech division in terms of both product range and markets, Degenhart added that further steps towards reducing automotive OE dependence will follow: “Firstly, in the form of continuous expansion of our replacement tyre business. And then too, we are not ruling out the possibility of further acquisitions.”
US industry magazine Tire Review reports that workers at the Goodyear Tire & Rubber Co plant in Fayetteville, North Carolina were forced to evacuate the building early morning on Monday, 10 March. According to company officials, employees were evacuated at the plant around 2am after someone called in a threat. No one was injured, and […]
Pirelli’s all-new Scorpion Gravel tyre helped two cars achieve WRC2 podium finishes on its return to the World Rally Championship, after a three-year absence. Pirelli is supplying tyres on a customer basis to privateers, and Lorenzo Bertelli (13th overall and second in WRC2) in his Ford Fiesta RRC, and Max Rendina (14th overall and third in WRC2) with a Mitsubishi Lancer both achieved top-three places in their class on the new tyre.
Giti Tire’s expansion to its GT Radial commercial vehicle hot cure bead-to-bead retread tyre range will be announced officially at The Commercial Vehicle Show 2014. GT Radial will display the GDR690 GT REE Tread drive position regional tyre available in 295/80 and 315/80 sizes from its stand in Hall five (C60). Like the existing GTR990 385/65R22.5 super single, it will be solely manufactured using only GT Radial casings.
While premium tyre manufacturers are notably providing more application-specific products to the coach and bus sector, the move to specialisation does not end in the higher-priced market segment. Kings Road Tyres (KRT), one of the UK’s leading wholesale suppliers of specialist tyres to the bus and coach sector, explains that its exclusive brands Matador and Aeolus both offer coach and bus tyres for use in urban environs with mid-range and budget price tags.
Bridgestone has announced three new US-based marketing appointments within its Bridgestone Commercial Solutions business. Matt Loos has been promoted to director of truck and bus marketing, Michelle Lane has been promoted to director of off-the-road marketing, and Cassandra Kilareski has joined the Bridgestone Commercial Solutions marketing team as senior manager of marketing communications and digital.
The Motor Sports Association – governing body of four wheel motor sport – has welcomed the launch of a government consultation regarding a proposed change in the law that would allow motor sport events to take place on closed public roads in Britain. The Road Traffic Act states that it is illegal to organise or take part in a race or trial of speed on the public highway, but the MSA has been pushing successive governments to devolve power to local authorities to enable them to suspend the Road Traffic Act without having to resort to an Act of Parliament.