Terex Corporation has agreed to sell its truck business to Volvo Construction Equipment for approximately $160 million. The truck business manufactures and sells off-highway rigid and articulated haul trucks. The deal includes the firm’s Motherwell, Scotland manufacturing facility. The sale, which is subject to government regulatory approvals and other customary closing conditions, is targeted to close in the first half of 2014.
A Wiltshire-based rubber research and development specialist is working with Canadian Tire to develop a tyre that changes colour when winter tyres are needed. The retailer approached Artis, the firm created as a result of the reorganisation of Avon Rubber in 2007, and tasked the Melksham company to develop such a product. It has now produced a concept tyre featuring a sidewall that changes from white to a vivid blue at 7°C.
Hungary’s Ministry of National Economy has designated Bridgestone’s passenger car tyre factory in Tatabanya its “investor of the month” as part of its “Award for Successful Companies” programme. The accolade, one of three given under the programme, is given to corporations whose activities contribute significantly to the Hungarian economy and export growth, increase local employment and who have invested at least €5 million within the region in recent months. Bridgestone was acknowledged for the expansion it is now implementing at its Tatabanya plant.
Dunlop says it is delighted to announce the sponsorship of Dantec Husqvarna UK for the 2014 motocross season. The former Evotech Stevens KTM team is the official Husqvarna MX1 and MX2 team for the UK with a three rider line-up; the team has retained Steven Lenoir to compete in the MX2 class and has announced the signing of 19 year-old Nathan Watson for MX1, as well as 17 year-old MXY2 rider Tony Saunders to complete the squad. All three will ride on Dunlop’s latest Geomax MX32 and MX52 tyres.
Five years into a partnership with Tatko Otomotiv Group, rubber and retreading material supplier Kraiburg is celebrating increased market share in Turkey. According to the company, the Turkish market for HGV retreads is of paritcular strategic importance to Kraiburg Austria, with an annual volume of around 9,000 tonnes of material.
Trelleborg has received the ‘Silver Ears 2013’ innovation award for its ProgressiveTraction technology at leading agricultural exhibition, Agribex 2013, in Brussels, Belgium.
The European Automobile Manufacturers’ Association (ACEA) has elected PSA Peugeot Citroën CEO Philippe Varin as its new president. Varin’s appointment to the role was made following an ACEA Board of Directors meeting on 6 December; he will lead the ACEA until the end of his mandate as CEO of PSA Peugeot Citroën. The Board will announce Varin's successor at that time.
Goodyear Europe, Middle East and Africa (EMEA) published the findings of a new research project it undertook with the European Driving Schools Association (EFA) on 27 November. Alongside the research, Goodyear EMEA published a Road Safety White Paper – “Driving Safety First: Improving Road Safety For Novice Drivers”. The White Paper was introduced and discussed at a panel debate of the European Transport Safety Council in Brussels today.