Comparison Tests Confirm Conflicting Tyre Development Goals, Says Conti
When developing winter passenger car tyres for its premium brands, Continental AG says the most important consideration is how well brakes perform in one of the most commonly occurring yet critical road conditions for motorists in Western and Central Europe – wet road surfaces.
Schaeffler Heads for Holiday Shutdowns
Schaeffler Group, which is still working to complete its minority buy into Continental AG, plans to close its factories for an extended Christmas break and may reduce work hours due to reduced market demand.
Will Details About Schaeffler-Owned Conti Emerge After EU Clearance?
When the news broke that family-owned German ball bearing maker, Schaeffler Group, had made an audacious bid for Continental AG, it was immediately apparent that the deal could have implications far beyond Hanover.
EU Drive on Tire Tests May Impact World
A new European Union Commission directive on tire performance and labeling could have far reaching effects.
Talk of Redundancies at Mt. Vernon Factory Mere Rumours, Says CTNA
Circulating talk of imminent redundancies at Continental Tire North America’s Mt. Vernon factory are just rumours, a company official reported on Nov. 18.
Hankook Tire Nominated Member of ETRMA
Hankook Tire has been officially nominated concordantly as a corporate member by the Board of Directors of the European Tyre & Rubber Manufacturers’ Association (ETRMA).
Conti’s HDL Eco Plus on Top in Fuel Economy Test
Independent testing conducted in Quebec, Canada, has found Continental’s HDL Eco Plus drive tyre to deliver up to 2.4% superior fuel economy vs. test competitors.
Reports: “Porsche Not After Conti Stake”
Porsche has denied speculation that it may be interested in buying a stake Continental AG, after an earlier news agency report intimated that Schaeffler Group – Conti’s owner in waiting – may team up with another partner to buy all of Continental.
Schaeffler Confident of EU Merger Approval in 25 Days
Schaeffler Group has received the go-ahead from the EU Commission to formally file its Continental AG merger notification, but speculation remains that Conti’s new owners may sell some of their assets.
Smithers Hires HR Vice President
Michael Polovick has joined The Smithers Group based in Akron as vice president of human resources, a newly created position.