Continental is Eying Some Delphi Units - Tire Review Magazine

Continental is Eying Some Delphi Units

(Akron/Tire Review) News reports say that Continental AG is looking to purchase portions of struggling Delphia Corp.’s non-U.S. businesses.

Continental CEO Manfred Wennemer confirmed the talks at the Geneva Motor Show. “We wouldn’t want any UAW (United Autoworker) factories,” said Wennemer in an interview at the auto show. “There are a lot of other opportunities – Asia, Europe – where we’d be interested in buying. It all depends on what’s available.”

Continental said it is actively looking for acquisitions and wants to expand into the Asian markets. It may have to compete with fellow German corporation Robert Bosch GmnH, which is also looking to snare portions of Delphi’s business.

Delphi’s U.S. operations filed for bankruptcy protection last October after it failed to gain concessions from the UAW and obtain financial aid from General Motors, its former parent company.

You May Also Like

Do severe duty brake pads trade power for longevity?

Akebono says a new friction formula increase life and lower noise, while maintaining stopping power.

Maintenance-Minute-Akebono-severe-duty-brake-pads

Accepting reduced component life for better braking power in severe-duty applications may be a thing of the past, according to Akebono. The company said its new severe-duty line offers aftermarket brake pads for fleets that—through the use of new friction formulas compounds—allow the friction materials to maintain stopping power, while reducing wear and noise.

The good news about the industry’s technician shortage

For the first time in 10 years, collective completions of postsecondary automotive, collision, diesel and aviation programs have increased.

TR-Continental-techshortage
TBC launches new Power King Navitrac commercial truck tires

Designed for a wide range of applications, the company said all Navitrac tires are backed by a five-year, two-retread warranty.

TBC-Brands-Navitrac-Banner
VIP Tires & Service, Joe’s Tire Shop launch customer appreciation promotions

Promotions will be running through Aug. 21.

VIP-Tire-Waterbury-Customer-Appreciation-Event
ASE to provide a testing and certification program for xEV high-voltage safety

Once the test is passed, the test-taker receives an electronic credential and a certificate.

Other Posts
BKT becomes member of the Global Platform for Sustainable Natural Rubber’

GPSNR brings together natural rubber producers, traders, tire manufacturers and other industry partners to promote sustainable solutions.

OTR-tire-feature-– BKT-Earthmax-Sand-Pic-1400
Goodyear launches Cooper Discoverer Stronghold AT tire

Available in 28 sizes with a 16- to 20-in. rim diameter, the tire is compatible with a wide range of pick-up trucks and off-road vehicles.

Goodyear-Cooper_StrongholdAT_Chevy
PRT launches 28 new complete struts in North America

These products expand coverage to nearly 6 million vehicles.

PRT-28-new-struts-1400
Doran releases 360OTR tire monitoring system

The system can be integrated with telematics devices to provide off-vehicle communications of tire pressure and temperature data.

Doran-4-tire-monitoring-system