German prosecutors investigate Continental subsidiary
Instead of rectifying quality issues affecting hoses produced at the ContiTech plant in Korbach, Germany, someone allegedly chose to address the problem by systematically manipulating test results. Continental uncovered this potential fraud during an internal investigation, and authorities are now on the case.
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Strong demand for Alcoa Dura-Bright wheels – Groundbreaking for Hungary plant expansion
On Tuesday, Alcoa Wheels Europe broke ground on a plant expansion in Hungary that will meet growing demand for Alcoa Dura-Bright wheels. The start of work at the Howmet-Köfém LLC site follows the recent celebration of Alcoa’s 75th anniversary.
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Falken hosts ‘employee empowerment’ workshops supporting campaign to end gender-based violence
Falken Tyre Europe is participating in the United Nations’ ‘Orange the World’ campaign calling for an end to gender-based violence. The company is publicising the 16-day period marking the campaign in Germany, which began on 25 November, the UNs official Orange Day, via its Falken social media channels and in internal communications.
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Enso commits to fully decarbonized tyres by 2030, challenges tyre industry to phase-out fossil fuels
In the midst of the COP28 climate conference in Dubai, UAE, Enso called on COP28 leaders to phase out fossil fuels, and for a complete decarbonization of the global tyre industry. During Transport Day at COP28, Enso said it will phase out fossil fuels in the industry by decarbonizing its entire supply chain by 2030 – a figure the company claims is “two decades ahead of mainstream tyre manufacturers”. Enso also suggested the tyre industry is not addressing…problems [such as particulate emissions and microplastics] quickly enough.
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Tesla Cybertruck spare tyres made by Goodyear
Tesla’s Cybertruck is back in the headlines. Elon Musk’s decision to repeat the now infamous Cybertruck armoured glass demonstration paired with the Cybertruck’s infinitely more impressive drag race win against a Porsche 911 – while towing a 911 – has ensured that much. But which tyres are carrying all that load and handling all that torque? Back in 2019, we broke the news that Goodyear was supplying tyres for the Tesla Cybertruck, but is that still the case and if so, which factory is supplying some of the highest of high-torque-high-load tyres?
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Solution for CV electrification – Symbio inaugurates fuel cell gigafactory
Symbio, Michelin’s equally owned joint venture with automotive supplier Forvia and vehicle manufacturer Stellantis, has inaugurated its SymphonHy facility today. Located in Saint-Fons, within the Auvergne-Rhône-Alpes region of France, the site houses Symbio’s headquarters, a production plant, an innovation hub and the Symbio Hydrogen Academy.
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Prinx Chengshan gains national-level “green factory” rating
The Chinese Ministry of Industry and Information Technology recently released its 2023 Green Manufacturing List, and Prinx Chengshan (Shandong) Tire Co. Ltd. was once again awarded the national-level Green Factory title. Prinx Chengshan was awarded the first batch of National Green Factories in China in 2017. The company reports that it has successively won the national Green Supply Chain Management Enterprise and Industrial Product Green Design Demonstration Enterprise titles and has participated in several national standards related to the intelligent manufacturing of green tyres in China.
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LKQ Corporation names Hamilton SVP of LKQ and European MD
Andy Hamilton, currently chief executive officer of LKQ UK & Ireland, is to become senior vice president of LKQ as well as president and executive managing director of LKQ Europe from 1 January 2024. The news follows the announcement last week that Justin Jude was to succeed Dominick Zarcone as president and CEO of LKQ Corporation on 1 July 2024.
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Remember This? – December 2023
Our monthly magazine column looks back at the biggest news events from the tyre industry five, 10, 15 and 20 years ago. Click the month and year to access the digital edition of the relevant issue of the magazine from Tyres & Accessories expanding digital archive.
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New VMI Southeast Asian service centre
VMI has officially opened its new Southeast Asian service centre in Chonburi, Thailand. The machinery manufacturer says the move from smaller premises to the high-tech facility reflects its “commitment to support the industry in this increasingly important region.” The new service centre will serve the growing needs of VMI customers in the entire Southeast Asian region.
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ZC Rubber adjusts 5G factory product structure
Recently, Chinese tyre manufacturer ZC Rubber said it would adjust the product structure of its factory in Qiantang District, Hangzhou. The factory is a new 5G digital factory built by ZC Rubber.
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Cheng Shin’s revenue in the first 9 months fell
Recently, Cheng Shin Rubber held a third-quarter briefing meeting. As of September 30, 2023, the company can produce 23,000 all-steel radial tyres and 179,000 semi-steel radial tyres per day. From January to September, the tyre manufacturer’s revenue and net profit were approximately NT$73.5 billion (about £1.85 billion; €2.16 billion) and NT$5.6 billion (about £140 million; €160 million).
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Birla Carbon celebrates Cubatão, Brazil plant’s 65th anniversary
Birla Carbon celebrated the 65th anniversary of its Cubatão Plant in November 2023. Located in the state of São Paulo, 12 kilometres from the seaport city of Santos, the Cubatão plant has reportedly played a crucial role in Birla Carbons global operations.
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AEB market to reach $68.25 billion by 2033
In 2022, the automotive emergency braking (AEB) systems market was estimated to be worth US$29.52 billion. And the industry is projected to be valued at $31.61 billion by the end of 2023, both figures according to a recently published Future Market Insights report. In addition, the global market for AEB systems will likely expand at an 8 per cent compound annual growth rate (CAGR) over the course of the next decade, with a projected value of $68.25 billion by 2033.
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Gislaved – new name for Continental Kaluga plant
The former Continental tyre factory in Kaluga, Russia is taking on the Gislaved name and will operate under the management of Cordiant Joint Stock Company. Of the three brands the previous owner produced within the Kaluga plant, Gislaved is the only one for which S8 Capital gained usage rights when acquiring Continental’s Russian assets.
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