You are here: / investigation

Posts

Hankook Tire raided in unfair trading investigation

,

Prosecutors raided the offices of Hankook Tire & Technology Co. on 24 November as part of an investigation into alleged “unfair intra-affiliate trading”. According to the South Korean Yonhap news agency, investigators from the Seoul Central District Prosecutors Office seized documents from “the headquarters and offices of its affiliates in connection with suspicions of unfair business practices among the group’s affiliates”. Yonhap also reported that prosecutors specifically searched the office of Cho Hyun-bum, the chairman of Hankook Tire.

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

Related news:

  1. South Korean Agency Believes Hankook Factory Deaths Linked
  2. Hankook Cleared of Heart Disease Charges
  3. Hankook’s Cho Hyun-bum Investigated for Stock Manipulation
  4. Hankook Awaiting Further Information Following Daejeon Employee Death
/0 Comments/by

Continental included in tyre cartel investigation

,

The Competition Commission of India (CCI) investigation into alleged cartel activities and anti-competitive behaviour doesn’t exclusively focus on local tyre makers. Stock exchange Börse Frankfurt shares news from the German Press Agency (dpa) regarding the visit of CCI officials to a site operated by Continental AG in the city of Faridabad. The statement shares that Continental is “cooperating fully with the authorities” but does not want to comment on the details of this ongoing investigation.

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

Related news:

  1. Indian competition body searches tyre makers’ premises
  2. India’s tyre makers meet government to talk rubber prices
  3. India’s competition body shares news of tyre maker cartel
  4. Indian tyre stocks fall back
/by

31 waste crime sites targeted by SEPA, BBC Disclosure programme

SEPA

At the end of January, Scottish Environment Protection Agency (SEPA) staff and their work tackling waste crime were featured as part of investigative journalism programme BBC Disclosure. The programme entitled ‘Dirty Business’ highlighted problems associated with unregulated ‘man with a van’ flytipping to large scale illegal activities with links to serious organised crime such as abandoned lorry trailers bursting with up to 41 tonnes of waste.  SEPA launched a dedicated intelligence and enforcement function in October 2019 to deal with those types of growing activities. 

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

Related news:

  1. Tyre businesses urged to get green and boost their bottom line
  2. Tyre recycling company and manager sentenced for illegal Ayrshire tyre site
  3. Kingpin Tyre Fire Expected To Burn All Week
  4. SEPA and partners aim to tackle Scottish tyre waste
/by

Dieselgate probe: Continental ends relationship with CFO Schäfer

,

During an extraordinary meeting held yesterday, the Continental AG Supervisory Board agreed to mutually terminate Wolfgang Schäfer’s appointment as chief financial officer and member of the company’s Executive Board, effective immediately. Continental states that Schäfer’s departure from the company is linked to investigations by the public prosecutor’s office in Hannover, Germany, into the use of illegal defeat devices in diesel engines and shortcomings from Continental’s side in the ongoing investigations.

Read more

Related news:

  1. HPTC opening brings Industry 4.0 to Continental’s tyre production
  2. Continental turns 150
  3. Continental to expand restructuring programme to save 1 billion euros by 2023
  4. Continental to streamline board as members to leave early
/by

China starts anti-dumping probe into EU rubber imports

At the end of August China’s Ministry of Commerce began a year-long anti-dumping investigations into imported hydrogenated butyl rubber from the European Union, the United Sates and Singapore.

Read more

Related news:

  1. CRIA: Chinese tyre market will be ‘tested’ in 2H 2011
  2. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  3. Chinese Manufacturers Prepare to Fight USW Trade Case
  4. ChemChina to focus on “scientific development”
/by

Anti-dumping – EC to investigate Chinese tyre imports to Europe

, ,

The European Commission has issued notice that it will initiate an anti-dumping proceeding focusing on imports of truck and bus tyres originating in the People’s Republic of China. The Commission is taking this course of action as a result of a complaint received on 30 June by the “coalition against unfair tyres imports,” a group representing the interests of manufacturers who account for more than 45 per cent of all new and retreaded truck and bus tyre production in the European Union.

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

Related news:

  1. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  2. Chinese truck/bus tyres: EU introducing anti-dumping duties tomorrow
  3. Chinese truck tyres: EC proposes revised anti-dumping duties
  4. EC: “Important number of subsidies” uncovered by anti-subsidy investigation
/by

NBRA backs ICO’s on-going search warrants

The National Body Repair Association (NBRA) stated that it is “pleased” that the Information Commissioner’s Office (ICO) has carried out further search warrants at properties in Manchester and Cheshire, as part of an ongoing investigation. The search warrant is part of an ongoing investigation by the ICO relating to nuisance calls that encourage people to make personal injury claims about road traffic accidents being linked to the theft of data from car body repair centres.

Read more

Related news:

  1. RMI Bodyshops investigates ‘potentially serious breaches of confidentiality’
  2. UK automotive sector reacts to the Queen’s Speech
  3. NBRA ‘disappointed’ over Europcar allegations
  4. RMI Bodyshops ‘disappointed’ over whiplash delay
/by

VAT irregularities: Italian internet tyre retailer under investigation

According to information from our colleagues at PneusNews, Italian authorities are taking a closer look at online tyre retailer Euroimport Srl following allegations that VAT irregularities are enabling the company to offer tyres on its www.euroimportpneumatici.com platform at much lower prices than those of its competitors.

Read more

Related news:

  1. A taxing issue for Italy’s online tyre market
  2. Fiege to operate Toyo B2B e-commerce platform
  3. Italian brothers arrested for tyre-related tax evasion
  4. ‘Only efficiency will save tyre distributors’ – Top 5 European tyre wholesaler Fintyre
/by

RMI Bodyshops investigates ‘potentially serious breaches of confidentiality’

For several months, RMI Bodyshops (NAB & VBRA) has been undertaking an investigation into a potentially serious breach of repairer management systems confidentiality and the apparent release of personal data to third party legal firms and accident management companies.

Read more

Related news:

  1. CMA car insurance recommendations ‘do not address issues’ – RMI Bodyshops
  2. RMI Bodyshops welcomes government stance on ‘whiplash epidemic’
  3. RMI Bodyshops challenges proposed BSI price increase, BSI admits error
  4. RMI Bodyshops welcomes ICO searches
/by

Aeolus Tyre fined for falsifying 2011, 2012 financials

In a Chinese-language statement submitted to the Shanghai Stock Exchange on 9 January, Aeolus Tyre Co. Ltd reports that the Henan office of the China Securities Regulatory Commission has fined the company for falsifying its financial results for the 2011 and 2012 fiscal years.

Read more

Related news:

  1. US OTR Probe Ruffling Feathers in China
  2. Aeolus Tyre Profits Surge 1076%
  3. Carlyle Group confirms it's buying RAC from Aviva for £1 billion
  4. Latest Toyo figures show tyre business growth
/by

Mechanic swapped car parts

Alexander Keating, 23, of Widnes, stole a gearshift knob, steering wheel, brake callipers and other parts from a brand-new Audi A3 that he had hired and swapped them with the same component parts from his ageing S3. He has been fined £2,000 and sentenced to complete 200 hours of community service for the crime.

Read more

Related news:

  1. Body of Tuner Gemballa Discovered
  2. BBC programme slams Kwik-Fit…again
  3. Arrest made in connection with Yorkshire tyre fire
  4. Police target battery thieves
/by

Pirelli to appeal EC cable cartel fine

Pirelli & C. S.p.A states that it will appeal the European Commission’s decision regarding cable cartel activity. While the Commission does not directly name Pirelli as a participant in an alleged cartel in the underground and submarine power cable market, it deems the Italian company “jointly and severally liable” as Pirelli owned alleged cartel protagonist Prysmian Cables and Systems (formerly Pirelli’s Cables and Systems division) until 2005, and therefore “exercised a decisive influence” over the business for the first six years of the decade-long cartel. The European Commission has imposed a shared fine of €67.31 million on Pirelli and Prysmian.

Read more

Related news:

  1. Bridgestone Revises 2008 Fiscal Projections Following EC Fine
  2. Schaeffler fined €370.5M for bearing cartel participation
  3. Scania fined for price fixing
  4. Tyre Manufacturers In FT Top 500
/by

Police target battery thieves

British Transport Police installed a dedicated team of investigators with analytical and research support and all available specialist assets as required in what was named ‘Operation Amelia’. Lead acid battery theft has been going on for years as thieves seek to profit from the value of lead contained within the batteries.

Read more

Related news:

  1. Bridgestone’s Dickson to run New York Marathon
  2. Arrest made in connection with Yorkshire tyre fire
  3. The danger of fast food
  4. MP wins Brake safety award for 20 mph campaign
/by

Arrest made in connection with Yorkshire tyre fire

North Yorkshire Police confirm that a 51-year old man has been arrested as part of the investigation into the fire that began at Newgen Recycling in Sherburn-in-Elmet on 16 January. Police describe the man as ‘local’ and say he has been released on police bail pending further enquiries.

Read more

Related news:

  1. Kingpin Tyre Fire Expected To Burn All Week
  2. MEN Reveals “Scandle of Dumped Tyres”
  3. Fire at Environtyre in Country Durham
  4. UK Man Fined £900 for Illegal Tyre-Stoked Bonfire
/by

PRA calls for OFT fuel investigation to re-open

“As Australia’s largest supermarkets cease making fuel offers after a watchdog deems that offering customers discounted petrol is a threat to competition, it is imperative that the Office of Fair Trading (OFT) re-open their investigation into the UK fuel market” said Brian Madderson, Petrol Retailers’ Association Chairman.

Read more

Related news:

  1. PRA backs MP's campaign for oil price enquiry
  2. Name change for petrol trade association
  3. …So does RHA
  4. Petrol retailers respond to government inquiry
/by