Conti Automotive Systems NA to Cut Management, Admin Jobs
Redundancies affective U.S. based Continental AG employees will mainly take place amongst executive and administrative personnel, said William Kozyra, president and CEO of Continental Automotive Systems’ NAFTA business.
Conti Breaks Ground on New Central America Components Plant
(Staffordshire, U.K./Tyres & Accessories) As of late 2008, Continental AG will begin sourcing engine and transmission control units for customers in the NAFTA region from a new facility in Costa Rica.
Lanxess Extends NdPBR Production to Meet UHP Demand
(Staffordshire, U.K./Tyres & Accessories) Lanxess reports that its facility in Orange, Texas, began production of neodymium polybutadiene (NdPBR) in September.
Conti Publishes Strong First-Quarter Figures
(Staffordshire, U.K./Tyres & Accessories) Continental AG’s consolidated sales for the first quarter of 2007 rose by 9.8% compared with the same period of the previous year to 3.964 billion euros.
Settled, But Not Settling: Turmoil Passed, CTNA Focus Shifts to Building Brand, Rebuilding Dealer Trust
Plant closings, union battles, multiple management changes, low fill rates, irate dealers, shifting directions…the last five years have been difficult for Continental Tire North America. But, the past is the past. Since the appointment of Continental AG CFO Alan Hippe as president and CEO of CTNA in May 2005, CTNA officials point out, progress has
Rolling Strong: Commercial Tire Market Will See OE Slowdown, Replacement Rebound
As the old saying goes, “Things will get worse before they get better.” That’s the operative statement for the North American commercial tire industry in 2007. In a proverbial nutshell, the OE forecast for 2007 looks down, while the replacement market will rebound from 2006. The main impetus behind that forecast rests in Washington, D.C.
Continental Confirms 2006 Earnings and Sales Up
(Clacton, U.K./Tyres & Accessories) Continental AG will exceed the record sales and profit levels it achieved in 2005, according to executive board chairman Manfred Wennemer.
Conti Sales Up, Margin Stable
(Clacton, U.K./Tyres & Accessories) The importance of Continental AG’s Automotive Systems and ContiTech divisions shone through once again as the company published its first half 2006 figures.
Conti Officially Dedicates New Brazil Plant
(Akron/Tire Review) Continental AG formally dedicated its new tire plant in Camacari, Brazil, just 18 months after laying the cornerstone for the 500,000-square-meter plant.
Defining Moment: Cost Structure, Replacement Market Keys to Success in CTNA’s Decisive Year
Dr. Alan Hippe took over as head of Continental Tire North America (CTNA) after Martien de Louw abruptly left the company last May. Hippe had been a member of Continental AG’s executive board since 2002. Prior to accepting his role with Continental, Hippe had served as senior vice president in the group controlling and IT