20 Million Needed to Restore Danubiana’s Fortunes
(Clacton, U.K./Tyres & Accessories) Gelu Tofan, one of Romania’s most prominent businessmen during the last decade, and the tyre manufacturer he controls, Danubiana, are facing significant financial problems.
Beru Chosen as BMW TPMS Supplier in U.S.
(Clacton, U.K./Tyres & Accessories) BMW has chosen the German company Beru AG as its supplier of tyre pressure control systems for BMW vehicles destined for the U.S. market.
Conti Considers Price and Dividend Increase
(Clacton, U.K./Tyres & Accessories) Continental AG chief executive Manfred Wennemer has admitted that Conti is considering paying larger dividends and also giving out a special dividend for the 2006 business year to reduce its cash reserves.
Michelin Campaign Wins B2B Award
(Clacton, U.K./Tyres & Accessories) Michelin’s Stop Thirsty Tyres campaign, aimed at helping hauliers reduce their fuel bills through better tyre management, has beat strong competition to win the ‘Best use of creative’ award at this year’s B2B Marketing Awards.
Cooper Names Whirlpool Exec as New President & CEO
(Akron/Tire Review) Whirlpool Corp. senior vice president Roy Armes has been named the new president and CEO of Cooper Tire & Rubber Co.
EnTire Solutions Gets Toyota Position
(Akron/Tire Review) EnTire Solutions said it will boost its TPMS presence in North America, becoming a supplier for the 2007 Toyota Sienna.
A-V Sells Fiber Business, Will Restate Results
(Akron/Tire Review) Amtel-Vredestein NV sold its Amtel-Kuzbass chemical fiber facility in Kemerovo, Russia.
Union, Goodyear Continue Talks
(Akron/Tire Review) Renewed master contract talks between Goodyear and the United Steelworkers continued for a second day Tuesday, with neither side making any comment on the progress of the negotiations.
Tire Wholesalers Appoints New President
(Akron/Tire Review) Tire Wholesalers Inc. founder Ross Kogel Sr. has passed the torch on to his son, Ross Kogel Jr., who was named president of the Troy, Mich.-based tire wholesaler.
Progetto Marangoni Gets Revved Up
(Clacton, U.K./Tyres & Accessories) Marangoni tyres’ Progetto Marangoni – the tyremaker’s joint project with tuning magazine Redline – is off to an inspired start.
Van den Ban Launches New Web Site
(Clacton, U.K./Tyres & Accessories) One of Europe’s leading international tyre wholesalers, Van den Ban Autobanden, has announced the launch of an all-new Web site.
New Organisation For Nokian in Europe
(Clacton, U.K./Tyres & Accessories) Sources inform us that Finnish tyre manufacturer Nokian seems set to expand its distribution centre.