Mandelson Announces ≤2 Billion Guarantee Scheme
Yesterday the U.K. government announced a package of measures designed to defrost more than ≤2 billion automotive industry credit that has frozen as a result of the global economic downturn.
Schaeffler Seeks to End Row With Continental
(The Guardian) Ball bearings maker Schaeffler denied a newspaper report it is seeking complete control over automotive supplier Continental AG and said it wants to end a boardroom row over management amicably.
Michelin Instructor Returns After Transaid Assignment
Michelin Training Instructor Nigel Williams has returned from a visit to Zambia, during which he put his hand to reducing one of the country’s greatest causes of death.
Goodyear Appoints New Luxembourg Tech Head
Marc Junio, formerly general director of the Goodyear R&D Technical Centre in the United States, has been named the new general director of the company’s Luxembourg Technical Centre in Colmar-Berg.
Mexico’s Bienes Turgon Acquires Delphi’s Global Exhaust Business
Bienes Turgon, S.A., a Mexican holding company with interests in the automotive industry through its subsidiary Katcon, S.A., has announced the acquisition of Delphi Corp.’s global exhaust system business in its entirety.
Morgantown Engineer Has New Use for Old TIres
(The State Journal) Morgantown (WV) engineer Samuel G. Bonasso has received a patent for his Mechanical Concrete, a way to build walls, foundations, roads and dams from waste tires.
2009 Commercial Vehicle Show Canceled
The organisers of Commercial Vehicle Show – scheduled for 28-30 Apr. 28-30 – have designed not to go ahead with this year’s event.
Ontario to Make Companies Pay for Disposal of Old Tires
(Canadian Press) A provincial agency is recommending Ontario scrap the $5 per tire “disposal” fee charged to drivers when they get rid of their old tires, and replace it with a levy charged to manufacturers and importers that they could pass on to consumers.
Commercial Fleet Tire Digest Now Available in Spanish
The Commercial Fleet Tire Digest published by Pressure Systems International is now available in a Spanish language version.
Bosch to Reduce Work Force as Autos Slide
(Greenville News) Robert Bosch LLC has offered voluntary severance packages to about 1,300 employees at its auto parts plant in Anderson County, the plant’s entire work force, as it seeks to reduce head count amid a sharp downturn in the industry.