Investments Banks Hold 35.75% Stake in Conti
Investment banks B. Metzler seel. Sohn & Co Holding AG and Merrill Lynch have bought shares equating to a combined voting stake of 35.75% in Continental AG.
Pirelli Still Plans Investments in Romania
Pirelli said it still plans to invest another 250 million euros in its Romanian factories by 2011, despite the current economic landscape.
Tyre Majors Plan Big Investments This Year
(Hindu Business Line) After nearly a decade, the Indian tyre manufacturing sector is set to commit major investments towards capacity expansion in 2008.
New Investments, Agreements for GKN
(Staffordshire, U.K./Tyres & Accessories) U.K.-based manufacturer of automotive and aerospace components, GKN, is taking its expansion within the Chinese market one step further following the acquisition of one of the country’s leading manufacturers of off-highway wheels.
Cosmo Tires to include 40,000-70,000 mileage warranty on all PLT tires
Cosmo will continue its portfolio expansion later this year when it launches its new Gripit X/T, Rockit R/T, and Cosmo Kurrent.
Continental Tire discusses how prioritizing dealer feedback maximizes profits
Continental Tire executives talk about the status of the PLT tire market, the company’s strategic balance between OE and replacement tire offerings, and more.
Gallery: 2024 Big O Tires conference and convention
Highlights from this year’s Big O Tires conference and convention, featuring a general session, trade show and breakout sessions.
Pilot to add 30 Southern Tire Mart shops to its travel center network
Over the next year, the company plans to add more than 30 STMP shops to its travel centers for a total of over 85 locations across the country.
Yokohama Rubber reveals three-year management plan to achieve ‘hockey stick’ sales growth by 2027
The company said it will implement production strategies based on a motto of “low cost, speedy development of quality products.”
Myers Industries acquires Signature Systems
Myers’s CEO said the acquisition will strengthen the company’s growing portfolio of brands and will enhance its profitability profile.