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You are here: Home1 / powertrain

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Siemens Energy sale good for Conti group spin off – Analysts

Company News, International News
Vitesco

Following the reports that Continental is in talks to sell off various parts of its wider group, analysts have responded positively to Siemens’ recent sale of its Energy division, saying it is good for Conti.

Upgrading their rating to “buy”, Jefferies analysts said: “Siemen’s recent spin-off of Energy gives confidence that Conti’s share price will benefit from its planned spin-off of Vitesco as the combined market cap of Siemens and Energy was up 7 per cent on the day of transaction (DAX +3%)” The implication, they explained, was that there was a discount in Siemens’ sum-of-the-parts valuation. That being the case, given Conti’s “more attractive transaction structure”, the analysts predicted that Conti’s “re-rating should be more pronounced.”

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Related news:

  1. Dunlop Aircraft Tyres confirms sale talks
  2. Continental delays Vitesco spin-off
  3. Continental AG measures ‘encouraging’, but R&D budgets and European tyre factories could be cut – analysts
  4. Continental in talks to sell parts of its group
14th October 2020/by Chris

Texa opens new German location

International News, Product News
Texa

On 10 October Texa president Bruno Vianello inaugurated the company’s new German branch in Obersulm, north of Stuttgart. Covering more than 3,000 square metres, the new location triples the dimensions of the old premises in Langenbrettach, which had been operational since 2002.

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Related news:

  1. Maxxis gets huge e.GO boost with European partnership
  2. EU funded ‘OpEneR’ project to increase electric vehicle efficiency
  3. Actia releases new software for Multi-Diag
  4. CV trailer market to grow 2% despite weak 1H
13th October 2020/by Chris

Igniting change – SMPE engineers new ignition coil technology

Product News

Standard Motor Products Europe (SMPE) has become one of the first to market with a range of multicharge ignition coils, recently introduced on GDI (gasoline direct engines).

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Related news:

  1. SMPE secures agreement to supply Lucas brand engine management products
  2. New solenoid range additions from SMPE
  3. Martin Butterworth joins SMPE’s export sales team
  4. Denso reveals more than 100 thermal range part number additions
29th November 2019/by Andrew

World first for GKN

Product News

GKN has developed the world’s first Disconnect All-Wheel Drive System for A-, B- and C-segment vehicle platforms, which improves fuel economy during steady state cruising by up to 4 per cent. The innovative Disconnect function enables vehicles to combine the enhanced traction, dynamics and stability of all-wheel drive with improved on-highway fuel efficiency.

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Related news:

  1. Hayes Lemmerz Completes Sale of Powertrain Components Facility
  2. Conti Preparing to Work with Integrated VDO
  3. Solid Auto UK renews Groupauto supply agreement
  4. GKN develops Michelin X Tweel wheel
7th October 2014/by Tyrepress Editors

Conti acquires remaining share in British engineering firm

Company News, UK News

On 3 February, Germany’s Continental AG took over full ownership of its joint venture, Zytek Automotive. It previously had a 50 per cent shareholding in the Fradley Park (near Lichfield) company, and following the buy-out is operating it as a part of the Continental Engineering Services (CES) organisation in the United Kingdom. Neither Continental nor former joint venture partner Zytek have disclosed the price paid for the 50 per cent share in Zytek Automotive.

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Related news:

  1. Is F1 For Sale?
  2. A ‘Once in a Lifetime’ Opportunity
  3. Dieter Rogge Heads Continental Powertrain Division
  4. Avon Tyres Name Bows out of British Formula 3
4th April 2014/1 Comment/by Tyrepress Editors

Bentley creates 100 jobs as its Crewe headquarters become W12 ‘centre of excellence’

Company News, UK News
W12 engine and Bentley expansion

Bentley has announced plans to expand the workforce at its Crewe headquarters by 100 people as the site becomes a “centre of excellence for all VW Group W12 engines”. The move will see the UK manufacturer produce up to 9,000 W12 engines per year, exporting units for the first time in its history. To manage increased production demand, Bentley will employ a further 100 people in 2014 as part of the £800 million investment programme it announced last year.

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Related news:

  1. Government Backs General Motors Europe With £270 million Loan Guarantee
  2. CGS Receives State Funding for US Plant
  3. New Nissan Invitation model to create 2,000 UK jobs
  4. New Vauxhall Astra to be produced in UK; £125m invested
19th March 2014/by Tyrepress Editors

Tesla awards Conti for Model S tyre development

Company News, News

Continental has been named an ‘Excellent Development Partner’ by Tesla Motors, the US-based electric vehicle manufacturer. The acknowledgement from Tesla was given as a result of Continental’s collaboration and development of specialty tyres for Tesla’s Model S electric saloon. The tyre maker announced in August that it was supplying its ExtremeContact in size 245/35 R21 for the 21-inch rim Model S option sold in North America; now Conti reports that for global markets it has developed an XL version of its ContiSportContact 5 summer tyre in size 245/35 R 21 XL 96 W.

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Related news:

  1. Conti to Increase US Prices
  2. Conti’s US prices to rise in November
  3. Conti looks to Wi-Fi RFID solution to increase output in France
  4. Conti launches voluntary recall in North America
22nd November 2013/by Tyrepress Editors

Cosworth launches Subaru FA20 powertrain upgrade package at SEMA

Product News

Northampton power train supplier Cosworth has announced the completion of the first part of its multi-stage power package for Subaru’s FA20 powertrain. The Stage 1 upgrade brings together a fully tuned stainless steel exhaust system, a bespoke four into two into one exhaust manifold, a high-flow sports CAT, a high performance panel air filter and a specially mapped ECU program to ensure all these components work together in perfect harmony while conservatively improving power by approximately 24hp over the original equipment. The FA20 features in the Scion FR-S (Toyota GT86) and the Subaru BRZ. Cosworth is currently exhibiting the Stage 1 Power Package at Booth #23324 at Las Vegas’ SEMA Show.

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Related news:

  1. Milltek Sport releases ‘Toyobaru’ performance exhaust system
  2. Scorpion Launch VW Scirocco 1.4, 2.0 TSi and Vauxhall Tigra Exhausts
  3. Renault Retail Offers Wolfrace Tuning Lines
  4. Milltek launches Focus ST250 exhaust
7th November 2013/by Andrew

Conti partnering with BMW to automate motorway driving

News

Automotive supplier Continental has already conducted trials with a ‘driverless car’ in the US, and now the firm will further its work in this field through a research partnership with the BMW Group. Under this arrangement, the two German companies will pool their development capacities to define the long-term prerequisites for introducing highly automated driving on European motorways.

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Related news:

  1. Conti seeking 1,500 new graduates in 2011
  2. EU funded ‘OpEneR’ project to increase electric vehicle efficiency
  3. EC approves switchable battery research project
  4. IBM software to help Conti sites collaborate more closely
27th February 2013/12,345 Comments/by Tyrepress Editors

Complex ECUs need increased battery support – CTEK

Product News

A hot topic at the recent Automechanika trade fair was the significant battery support needed to program the increasingly complex activities coordinated by engine control units (ECUs) in vehicles, says CTEK, a global leader of smart battery charger development.

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Related news:

  1. Varta and Manbat: preparing for a Start-Stop future
  2. Goodyear Tyres for Hybrid Truck
  3. Dieter Rogge Heads Continental Powertrain Division
  4. European Release for Bridgestone Turanza ER300 Ecopia
16th October 2012/by Tyrepress Editors

Conti to introduce winter EV tyre

News

Starting in autumn 2013, Continental will produce a winter tyre for electric cars. The company previewed this tyre, the Conti.eContact Winter, at the Geneva Motor Show and shared that it can cut rolling resistance considerably compared with its standard equivalent. “The 20-inch size was decided upon due to rolling resistance and wear criteria,” commented Alexander Bahlmann, head of media and public relations for Continental’s Tires division. “It was the best size in comparison to a standard winter tyre; rolling resistance has been reduced by 25 per cent compared with a 16-inch tyre.”

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Related news:

  1. Continental to capitalise on UHP segment growth throughout Europe
  2. Construction begins on Conti’s ‘leadership securing’ Kaluga plant
  3. Road legal track tyre a first for Conti
  4. ‘Emotive’ Concept Helps Agency Win Continental Advertising Account
15th March 2012/by Tyrepress Editors

Michelin throws down weight reduction gauntlet

News

Michelin North America has opened registrations for the 2013 Michelin Challenge Design competition and announced that this latest round will address weight reduction through design – a subject the tyre maker says is “becoming a new battleground in the struggle for increasing fuel efficiency.” Participants in the 2013 Michelin Challenge Design, which is titled ‘Half! Lightweight with a Passion’, have been set the task of exploring lightweight vehicle development by designing a family vehicle.

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Related news:

  1. Michelin Given Ford Award for Fusion OE Tyre
  2. SmarTire Gains First Major European Bus Manufacturer
  3. US Michelin Executive on Freight Efficiency Council
  4. Michelin names new UK MD
17th January 2012/by Tyrepress Editors

Price still the largest EV deterrent, says Conti

News

Only last week Continental announced plans to run a joint venture operation with Korea’s SK Innovation to develop, manufacture and market lithium ion batteries systems for electric vehicles; now the German company has released a few figures outlining why it sees so much potential in the electric vehicle market. As long as the price is right.

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Related news:

  1. Volvo Launches UK Winter Tyre Programme
  2. EU funded ‘OpEneR’ project to increase electric vehicle efficiency
  3. Conti enters lithium-ion battery partnership
  4. Winter tyres still overwhelmingly a minority purchase – survey
16th January 2012/by Tyrepress Editors

22-inch Goodyear Eagles OE on luxury electric car

News

US specialist vehicle manufacturer Fisker describes its first-ever model, the Karma, as being “the first true electric luxury vehicle with extended range” and the “embodiment of an environmentally conscious vehicle with passion, style and performance.” Along with boasting a solar panel roof and reclaimed wood interior, the Karma sets itself apart from other cars by having 22-inch wheels fitted as standard equipment. And wrapped around these massive rims are Goodyear Eagle F1 Supercar tyres.

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Related news:

  1. Goodyear Assurance Fuel Max Tyres Selected for 2010 Toyota Prius
  2. Alcoa Invests in Adaptable OE Wheel Forging Technology
  3. Goodyear OE on NAIAS Car, Truck of Year
  4. Toyo lands first US Mitsubishi supply
21st September 2011/by Tyrepress Editors

Varta and Manbat: preparing for a Start-Stop future

News

Mainstream media tends to pass over Start-Stop technology and instead focuses on plug-in electric or concept cars, yet despite this dearth of attention vehicle manufacturers continue to quietly go about their business and introduce ever more micro hybrids – Start-Stop vehicles – into their model ranges. This technology is admittedly only one of a number of powertrain alternatives under development, yet micro hybrids have gained considerable favour due to the ability of Start-Stop technology to cost effectively achieve EU emission targets while still providing motorists with vehicle range and usability.

Read more

Related news:

  1. Pro-Align Promoting Advanced Wheel Aligner Benefits in Pothole Season
  2. UK environmental charity launches ‘better tyres’ campaign
  3. New premises offer Manbat room for growth
  4. Varta website designed to gives traders an edge
20th September 2011/by Tyrepress Editors
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