Conti Board Pushing Schaeffler Off
Continental AG executives said yesterday that it would not offer seats on its supervisory board to Schaeffler Group any time soon.
Japan 2009 Tyre Output May Fall 5%
(Reuters) Tyre production in Japan is expected to fall 5% next year in terms of rubber usage as the global economic crisis takes its toll on car demand worldwide, Japan’s tyremaker industry group said on Wednesday.
Strong Retreading Potential in Chinese Tyre Market
Enormous domestic tyre production capacity, a scarcity of domestic rubber supply and increased output prices could be pointing to strong opportunities in China’s tyre retreading business.
European New Car Market Contracts by a Quarter in November
According to data released by JATO Dynamics, the European new car market fell by 25.3% (313,361 units) during November 2008, when compared to the same month last year.
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.