Cabot Corporation ‘Repositioning’ in Light of Weaker Demand
Carbon black producer Cabot Corp. reports it is expecting a significantly lower volume of sales in the first quarter of the 2009 financial year, and has decided to embark on a series of “aggressive actions” to address these ongoing market challenges.
Tyre Lover, Allegedly Driven by Desire, Steals Wheels
A North Platte, Neb., man stands accused of committing an unusual, though perhaps understandable, crime of passion – stealing not the heart of a married woman, but the tyres and rims with which he supposedly “fell so much in love.”
Goodyear Tire Gets Innovation Award
Goodyear recently won the 2008 Award for Industrial Innovation from the Luxembourg Business Federation.
Kim Named to Head Kumho Global Sales and Marketing
Kumho Tire Co. named B.C. Kim as president of sales and marketing for Kumho Tires, a new position.
Marangoni Reaches 1 Million Plateau
Marangoni Tread North America produced its one millionth Ringtread precure retread in the U.S. earlier this week.
SEMA Scholarship Program Taking Applications
Full-time students in the U.S. and Canada pursuing a career in the automotive industry may be eligible for financial assistance through the SEMA Memorial Scholarship Fund (SMSF).
General Off-Roading Gets Web Section
Continental Tire North America has added a new section to its General tire brand Web site, one that details the brand’s off-road racing efforts.
Hans-Rudolf Hein Leaving BMW to Join Bridgestone
According to his own words, Hans-Rudolf Hein – in charge of tyre and wheel development at BMW – will after 32 years turn his back on the automobile industry to join Bridgestone Europe at the start of next year.
Crumbling Amtel-Vredestein May Sell Vredestein
As its entire Russian operation faces collapse, Amtel Vredestein N.V. said it will try to sell off its independently financed Vredestein Banden BV business.
Flat Tyre a Favourite Excuse
The new book from author Tracey Turner, whose previous works include “The Disgusting Dictionary” and “The YUK Factor,” details “excuses for every occasion,” including the revelation that having a flat tyre is a favoured pretext for missing an exam.
Is Schaeffler Walking Away from its Continental Investment Agreement?
Schaeffler Group has signalled that it is willing to consider abandoning the investment restrictions it agreed earlier this year to pacify its hostile takeover of Continental AG – much to the annoyance of Conti executives.
SmarTire Finalises Sale of Business Assets
SmarTire Systems finalized the sale of its business and related assets to Bendix Commercial Vehicle Systems, the North American affiliate of Germany’s Knorr-Bremse Group.