Sime to Increase Tyre Exports
Malaysian news sources are reporting that Sime Darby Bhds tyre division, Continental Sime Tyre Sdn Bhd, is planning to increase its production.
Continue ReadingMAHA Boosts its Sales Team
MAHA UK has appointed Peter Clarke to its sales team. Mr Clarke will now be responsible for providing support to the company’s distributors in central and north west England, and in promoting the sale of its commercial vehicle test lanes. Mr Clarke boasts years experience in the garage equipment industry, having worked for Brown Brothers’ Garage Equipment Division, Gemco and Trojan Garage Equipment in south Gloucestershire. Commenting on Mr Clarke’s appointment, Kevin Howard, director of sales and marketing, said, “We are delighted to have Peter as part of our team. His previous experience in the garage equipment industry will aid MAHA’s continuing success in supplying quality test and inspection equipment to garages and motor manufacturers. He has a thorough knowledge and understanding of the motor industry which will naturally be a great benefit to MAHA.”
Continue ReadingToolmarque to Become Official Distributor for Campbell Hausfeld
UK power tool distributor, Toolmarque, will be launching a new range of Campbell Hausfeld air compressors and air tools on its stand, at this year’s Automechanika. Toolmarque’s sales manager, Roy Hackett, commented: “We are delighted to add the quality of the Campbell Hausfeld name to our comprehensive range. They are synonymous with unique design features, outstanding warranty commitment and value throughout the line.” The company will be show casing a range of products at this year’s exhibition, including reversible pneumatic drills. Visitors to the stand will also have the opportunity to test the products, as an air line will be installed to allow product demonstrations.
Continue ReadingTIA Support Restructure of Truck Tyre Tax
The Tyre Industry Association (TIA) has announced that it will support moves to restructure how the Federal Excise Tax (FET) is calculated on truck tyres.
Continue ReadingAmcast Sells Flow Control Division Assets
Amcast Industrial Corporation is to sell most of its Flow Control division’s assets, the company announced today. Amcast has signed an agreement to sell the assets to a US subsidiary of the Dutch group, Aalberts industries.
Continue ReadingMercedes Concludes Union Negotiations
DaimlerChrysler’s Mercedes unit has concluded negotiations with unions. The agreement between the two sides allows Mercedes to realise cost savings of 500 million euros that will take effect in 2006 and 2007, the company says.
Continue ReadingOmitec Updates OmiScan
Omitec has expanded its OmiScan hand held diagnostic tool, to cover 29 manufacturers. The company’s new applications include additional coverage for Audi, MG Rover, Land Rover, SEAT, Vauxhall and VW, including EMS, Airbag and Chassis systems.
Continue ReadingCooper’s Numbers Look Good
Analysts have reported that Cooper’s 2nd quarter results were better than they expected. The good results are said to be mainly due to improved performance from the Cooper tyre division. This is good news for the company because it is due to sell its Auto Parts division, making tyre production its core business.
Continue ReadingSteelworkers battle Continental against ‘Runaway Shop Scheme’
The United Steelworkers of America (USWA) has filed a charge against Continental Tire North America (CTNA) to the National Labor Relations Board (NLRB). The union alleges that the suspension of tyre production at the company’s Mayfield, Kentucky facility, scheduled for the end of this year, is illegal. The steelworkers association claims that the federal government should halt the proposed action.
Continue ReadingINTERauto 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.”
Continue ReadingNew AA Academy
The AA has opened a new training centre at Six Hills, Leicestershire. The academy will now become the main UK site for AA technical training. The training school was officially opened by AA managing director, Roger Wood and replaced the previous centre that was situated at Widmerpool, Nottinghamshire, which closed in April.
Continue ReadingCanadian Safety Association to Promote SmarTire
SmarTire Systems Inc has announced that the British Columbia Safety Council (BCSC) will resell its advanced tyre pressure monitoring systems (TPMS
Continue ReadingAdd-It Appoints New Sales Executive
UK aerosol and chemical manufacturer, Add-It, has appointed Terry Horton as its new sales executive for the Cambridgeshire area.
Continue ReadingCarbon Black Businesses Discuss Joint Venture
Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. are discussing the details of a possible joint venture.
Continue ReadingJumna Tyre Cord to list on Sesdaq
Financial sources are reporting that China based Junma Tyre Cord Co., Ltd., is seeking a listing on the Sesdaq. The move will see Junma Tyre Cord become the first Chinese company to list S shares on the stock exchange. Junmas net profit grew at a compound annual growth rate of about 46 per cent to some 60 million yuan, approximately £4 million, in the last financial year. S shares are shares of China-incorporated companies which are directly listed in Singapore.
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