• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Beyond Covid-19 Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / factory closure

Posts

Bridgestone closing truck tyre plant in China

Company News, International News

As part of the global footprint restructuring announced as part of its Mid Term Business Plan (2021-2023), Bridgestone Corporation is shutting one of the two truck tyre plants it currently operates in China. It will close the Bridgestone (Huizhou) Tire Co., Ltd. (BSHZ) facility by the end of 2021, consolidating its manufacturing footprint into the Bridgestone (Shenyang) Tire Co., Ltd. (BSSY) plant.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Giti confirms Chongqing truck tyre plant closure
  2. Another patent infringement suit win for Bridgestone in China
  3. Trademark infringement: Bridgestone wins another case in China
  4. Bridgestone net income up 39% in H1
7th December 2021/by Stephen

Bridgestone closing non-tyre facility in Japan

International News

Bridgestone Corporation is currently restructuring its non-tyre Diversified Products business and has announced its intention to close a factory in Japan as part of consolidation efforts related to production of automotive seat pads. It will close the Bridgestone Chemitech plant in Ageo, Saitama Prefecture in the fourth quarter of 2023 and consolidate operations within the three remaining facilities dedicated to automotive seat pad production – Bridgestone Chemitech’s Nabari and Hofu sites as well as Bridgestone Diversified Chemical Products’ Tosu plant.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Factory Closure And Reduced Profits For Bridgestone Corp.
  2. Bridgestone to close Japanese steel cord plant
  3. Pirelli restarts Venezuela production
  4. French government willing to invest in Bridgestone Bethune rescue
8th October 2021/by Stephen

Continental announces plan for Aachen site – production ending in 2022

Company News, International News

Tyre production at the Continental plant in Aachen, Germany will cease at the end of next year, if not earlier. This is one of the outcomes of talks between the company and representatives of Aachen plant employees. Continental has also published details of upcoming retraining programmes.

Read more

Related news:

  1. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  2. Continental closing Aachen, Germany tyre factory
  3. Aachen tyre plant: Continental blocking potential investors, says union
  4. Brexit OE tyre red-alert
28th April 2021/by Stephen

Pirelli ‘maintaining’ UK tyre manufacturing after Burton MIRS line closure reports

Company News, UK News
Google; CNES; Airbus; Getmapping plc; Infoterra Ltd & Bluesky; Maxar Technologies

Pirelli has reaffirmed its commitment to “maintaining industrial operations” at both its Carlisle and Burton-on-Trent UK factories after unions suggested the company was about to close its MIRS robotic production line in Burton. According to Unite, which represents all 280 members of the Burton tyre factory workforce, Pirelli has proposed cutting 80 jobs. In a statement published on 11 February 2021, Unite criticised Pirelli for “not taking up the furlough scheme for these workers, instead of pushing ahead with the redundancies.”

Read more

Related news:

  1. Pirelli supports apprenticeship charter
  2. Michelin Dundee closure: Scotland’s Economy Secretary convening action group
  3. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  4. Toyo closes loss-making Silverstone tyre plant in Malaysia
17th February 2021/by Chris

Toyo closes loss-making Silverstone tyre plant in Malaysia

Company News, International News
Silverstone

Toyo Tire Corporation is closing its loss-making wholly-owned Silverstone Berhad Malaysian tyre manufacturing subsidiary in June 2021. Established on 12 July 1986 and purchased by Toyo in 2011, Silverstone currently manufactures tyres for (primarily Malaysian) new vehicles and Silverstone branded tyres for the aftermarket as well as certain Toyo branded tyres. The dissolution of the Silverstone subsidiary (Silverstone Berhad) will commence by 31 December 2021.

Read more

Related news:

  1. Toyo’s Shandong Silverstone acquisition finalised
  2. Toyo announces plans for new Malaysian tyre plant
  3. Michelin: Acquiring Multistrada will help meet growing tier 2 tyre demand
  4. Michelin now 99.64% owner of Multistrada
15th February 2021/by Chris

Plant closure could be “tip of iceberg” for new car supply issues – VRA

UK News
Geograph.co.uk

The latest temporary closure of Honda’s Swindon plant because of parts shortages could be the “tip of the iceberg” for new car supply issues in 2021, the Vehicle Remarketing Association is warning. Chair Philip Nothard said that the problem, believed to be caused by poor availability of semiconductors, was potentially a sign of things to come from all manufacturers.

Read more

Related news:

  1. Honda pauses production at Swindon – again
  2. Honda closes Swindon car factory
  3. Brexit OE tyre red-alert
  4. Port problems cause Honda Swindon shutdown, pressurise UK tyre supply
19th January 2021/by Peter Gardner

Honda pauses production at Swindon – again

UK News
Geograph.co.uk

Honda will next week pause car production at its factory in Swindon; the third time it has done so in a little over a month. The Japanese car manufacturer said in a statement that output would be paused from Monday to Thursday next week, the longest such pause so far. It said that global supply disruption as a result of the coronavirus pandemic was responsible for the pause.

Read more

Related news:

  1. Honda closes Swindon car factory
  2. Apollo Vredestein ‘scaling back’ European production
  3. Cooper Tire reopening US and Serbia tyre factories
  4. SMMT March numbers do not reflect extent of lockdown damage – KPMG
13th January 2021/by Peter Gardner

Bridgestone in talks with 2 tyremakers about Béthune factory sale

Company News, International News
Bridgestone

Bridgestone announced plans to close Béthune, France factory back in September 2020. Now, however, the location looks likely to retain a role in the broader automotive sector after the Japanese tyremaker reported that it has identified 24 opportunities relating to the future of the site. Two of the options relate the sale of the site to other tyre manufacturers. Five of the identified projects concern the installation of new activities on the site in tyre and rubber fields as well as batteries and other sectors. Two of the proposals relate to “the installation of activities outside the site”. Nine projects are said to be in the study phase.

Read more

Related news:

  1. Bridgestone temporarily closes, slows tyre production at European factories
  2. French government willing to invest in Bridgestone Bethune rescue
  3. Bridgestone confirms Béthune plant closure
  4. Honda closes Swindon car factory
15th December 2020/by Chris

Aachen tyre plant: Continental blocking potential investors, says union

International News

Strong words from one of the unions representing workers at the Continental tyre factory in Aachen, Germany. Speaking with Munich-based newspaper Süddeutsche Zeitung, IG BCE trade union chairman Michael Vassiliadis stressed that the planned job cuts “will be expensive”. He also claimed that Continental has turned away potential investors.

Read more

Related news:

  1. Continental to expand restructuring programme to save 1 billion euros by 2023
  2. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  3. France: Michelin, unions agree on support programme for redundant employees
  4. Continental shares set to continue outperforming estimates in 2021 – analysts
9th December 2020/by Stephen

Continental shares set to continue outperforming estimates in 2021 – analysts

Company News, International News

Financial analysts have reiterated their “buy” rating on Continental AG shares, while also raising price target from 150 euros from 123 euros previously. In short, Continental AG is expected to continue outperforming consensus estimates. Writing in an investors note dated 18 November, Jefferies equity research said: “Tyre margins will return to an industry leading greater than 15 per cent in full-year 2021. Conti remains among the least liked stocks in the sector which provides positive surprise potential.”

Read more

Related news:

  1. Analysts highlight ‘difference in momentum’ between Continental and Michelin results
  2. Conti rated as ‘buy’ for ‘best cost base’ in the tyre business
  3. Conti looks back on ‘overwhelmingly positive’ year on the DAX
  4. Aachen tyre plant: Continental blocking potential investors, says union
18th November 2020/by Chris

Bridgestone confirms Béthune plant closure

Company News, International News

Bridgestone has confirmed its intention to close the Béthune tyre plant in France. The country’s Secretary of State for Economy and Finance, Agnès Pannier-Runacher, shared news about the decision yesterday. She tweeted that Bridgestone has “closed the door to continuing its activity in Béthune” and confirmed the plant’s closure. She added that the French government would work with employees to find a solution for everyone.

Read more

Related news:

  1. French government willing to invest in Bridgestone Bethune rescue
  2. Bridgestone temporarily closes, slows tyre production at European factories
  3. Another retail acquisition for Bridgestone in France
  4. GM acknowledges quality at three Bridgestone plants
13th November 2020/by Stephen

Bridgestone closing South Africa agri tyre plant this month

International News

Following consultations with workers and unions, Bridgestone South Africa (BSAF) has finalised the process to close down its tyre manufacturing plant in Port Elizabeth, Eastern Cape. The plant’s last day of operation will be 15 November. Bridgestone announced its intention to close the facility in August.

Read more

Related news:

  1. Bridgestone to close Port Elizabeth, South Africa bias agri tyre plant
  2. 10% Turnover Penalty Requested for South Africa Tyre Cartel Participants
  3. Bridgestone at Reifen Essen show 2016
  4. Bridgestone looking to increase capacity in South Africa
4th November 2020/by Stephen

French government willing to invest in Bridgestone Bethune rescue

Company News, International News
Bridgestone

The French government is willing to partner with Bridgestone to save to the Bethune tyre factory the Japanese tyre manufacturer is planning to close.

Read more

Related news:

  1. Bridgestone confirms Béthune plant closure
  2. Bridgestone temporarily closes, slows tyre production at European factories
  3. Bridgestone buys yet another French tyre retailer
  4. France: Michelin, unions agree on support programme for redundant employees
19th October 2020/by Chris

Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant

Company News

The union representing employees at a closure-threatened Continental factory has responded angrily to the decision, accusing Continental of “sacrificing” a “profitable tyre plant” as part of its savings programme. The IG BCE union particularly doesn’t understand the logic behind this step as it claims the tyre business in Aachen has achieved “double-digit” profit margins over the years and even operated in the black during the corona lockdown.

Read more

Related news:

  1. Continental closing Aachen, Germany tyre factory
  2. Aachen tyre plant: Continental blocking potential investors, says union
  3. Continental’s tyres and rubber business profitable in Q2, despite corona
  4. Continental shares set to continue outperforming estimates in 2021 – analysts
16th September 2020/by Stephen

UK car production on the rise, but output still 20% down in July

UK News
BMW Group

According to figures released today by the Society of Motor Manufacturers and Traders (SMMT), UK car manufacturing output fell 20.8 per cent in July, with just 85,696 units rolling off production lines during the month. Despite the continued ramp-up of production and reopening of almost all factories following the easing of lockdown measures, social distancing measures and ongoing economic uncertainty still stifled output. Today’s figures follow news that BMW intends to lay off 400 of the 950 agency personnel working at its Mini factory in Oxford.

Read more

Related news:

  1. British car exports to China nudge 140k last year
  2. SMMT reports lower September car production as “market turmoil” continues
  3. UK automotive production drops again as investment dries up
  4. SMMT: UK car production declines 3.8% in September
27th August 2020/by Stephen
Page 1 of 6123›»
© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top