Analyst: Conti May Buy Schaeffler Assets, Float Rubber Group
Continental may buy Schaeffler Group’s automotive assets (namely LuK clutches and/or INA bearings) and then float its Rubber Group to pay for it, reported Tyres & Accessories. That’s the view of Klaus Pflum, head of investment bank Nomura’s European automotive mergers and acquisitions operations, who made this prediction at the Reuters Auto Summit in Paris.
Wrong Pulleys Can Cause Belt Drive System Failure
Tire dealers and other auto repair businesses that install remanufactured alternators should make sure to verify that their units are equipped with overrunning alternator decoupler (OAD) pulleys, experts warn. OADs are becoming very common as a growing number of late-model vehicles now require this technology. Installing a non-decoupler pulley on an OAD application can lead
Schaeffler Group USA Launches New Web Site
Schaeffler Group USA Inc. launched of its new automotive aftermarket Web site, www.schaeffler-aftermarket.us.
And Now, for Some Serious Belt-Tightening
(New York Times) Given that is was designed to be the world’s cheapest car, should it matter whether the Tata Nano is any fun to drive?
Chinese Authorities Highlight Tire Complaints
(China Sourcing News) China’s General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) has released a report on the complaints made by Chinese consumers against automobile manufacturers in 2008, which alleges both Kumho tires and Hankook tires have had quality problems.
It’s Just Right, Eh?
The other day, we posted Chris Vander Doelen column on Canada’s Right to Repair proposal from the Windsor Star.
CCC Says 80% of Cars Need Service
Eighty percent of vehicles on the road today need service or parts, according to a new report by the Car Care Council.
Universal Opens New Branches
Universal Tyres Autocentres Ltd. has opened a new retail branch in Thurrock and redeveloped its Greenwich outlet on Blackwall Lane, Greenwich. The new Thurrock store is directly opposite West Thurrock’s famous QEII bridge and is a purpose built autocare facility, employing three fitters.
Poll Reveals Car Gadgets Driving Us Crazy
Used vehicle website motors.co.uk is urging manufacturers to go back to basics after a survey of 726 U.K. motorists revealed 70.6% of drivers polled are being ‘driven to distraction’ by car gadgets and would feel safer if they had fewer accessories in their vehicles.
UK Online Car Parts Supplier Reports European Buying ‘Frenzy’
One UK-based online car parts retailer reports a ‘frenzy’ of ordering from our motoring friends in France, Germany and Spain.