Meet the New Boss…
Thanks to Bloomberg, here’s a little look inside Conti’s new owner – Schaeffler Group – and its principle owner Maria-Elizabeth Schaeffler:
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.
Keeping Up Appearances
Wheels need proper maintenance to look and perform their best – and new wheel-end technology provides a finished package. Bright, shiny wheels make a great impression. A good wheel needs to be behind that shine. Finding the best wheels and properly maintaining them offers paybacks in reliability and performance. Step one in the process is
Several Parties Eye Schaeffler’s Continental Stake
(The Guardian) Schaeffler Group is in talks with several parties to sell packages of 10% to 20% of shares in Continental AG, the German ball-bearing maker’s chief executive Juergen Geissinger said. The privately held company, whose ball bearings are used in car steering assemblies, plans to sell about 40% of Continental’s shares after it won
Schaeffler: Conti Share Sale ‘Cannot be Ruled Out’
Maria-Elisabeth Schaeffler, the joint owner of the ball bearing manufacturer in control of 90% of Continental AG, may sell some of the company’s Conti shares.
Conti Looking for Tire Business Partner
(Reuters) German automotive supplier Continental AG has hired an investment bank to help it find potential partners for its tyre and rubber business, a source close to the situation said on Wednesday.
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.
Schaeffler Seeking Seats on Conti Supervisory Board
It appears that Schaeffler is aiming to secure four seats on Continental’s supervisory board.
Compressors;Alignment
Compressors Last Longer, Are Quieter Than Ever Before At least one air compressor manufacturer, Kaeser, is willing to say its rotary screw compressor in either a 7.5 or 15 hp design creates a noise level as low as 66 dB(A). That’s a noise level they say is up to 10 dB(A) lower than its
Direct Importing: Do the Risks Outweigh the Reward?
(Akron/Tire Review) MEMA recently issued a special report dealing with the direct importation of automotive parts – including tires.