New ContiTech HQ, R&D Center Near Akron Officially Unveiled
ContiTech unveiled its new-look North American headquarters yesterday, with ContiTech NAFTA CEO Jim Hill pledging that the new organization would focus on its customers by bringing a wider range of new products to them. “We will continue to provide the same top-quality products and services to our existing customers and now, as a member of
Forbes Selects Conti Automotive as One of America’s Best Employers
Continental Automotive has been included on Forbes magazine’s list of America’s Best Employers 2015. Among its 200,000 employees worldwide, Continental employs approximately 20,000 people in the U.S. The Best Employers 2015 list was generated from a survey field of employees in more than 1,100 companies. “As the economy is growing stronger, we’re experiencing an increasingly
Pirelli Launches North American Multimedia Consumer Marketing Platform
Pirelli Tire North America has launched a major multimedia North American consumer advertising campaign supporting its recently released P Zero All Season Plus tire. As part of the ad campaign, Pirelli launched highwayzero.pirelli.com, a new consumer platform. The site features a sleek design and gamification features that enable users to interact with three Highway Zero
U.S.-Canada Tire Price Gap Closing, Legislation Still Pending
CBC News reported recently that some Canadian tire retailers have been dropping tire prices, effectively closing the gap on U.S. retailers and helping keep Canadian tire buyers home. The Canada-U.S. tire price gap, long a headache for Canadian retailers thanks to a lack of legislative support by their government, has tightened in recent months, and
Ferrari Appointed Head of Pirelli Latin America; New North American CEO Named
Effective Jan. 1, Paolo Ferrari, current chairman and CEO of Pirelli Tire North America, will serve as CEO of Pirelli’s Latin America region. He will be replaced by Pierluigi Dinelli. During the past three years, Ferrari has helped Pirelli expand its presence in North America, according to Pirelli. He oversaw the rollout of its Silao,
#SEMA/GTE: Pirelli Launches P Zero All Season Plus
Pirelli introduced the P Zero All Season Plus – an ultra-high performance all-season replacement tire that provides maximum performance in all weather conditions – at this week’s SMEA Show/Global Tire Expo. Pirelli said the P Zero All Season Plus – suitable for all major sports cars, sports coupes and performance sedans – features the most
Conti C.V. Names New Aftermarket Head
Continental Commercial Vehicles & Aftermarket has promoted Howard Laster to the head of the NAFTA aftermarket. In his new role with the company, Laster is responsible for overall business strategy, product quality and performance, as well as development of effective sales and marketing activities in North America for the Continental and VDO brand. He is
Pirelli 2013 Sales Increase But Profits Flat
Pirelli & C. SpA today reported full-year 2013 consolidated revenues of 6,146.2 million euros on Dec. 31, an increase of 1.2% from 6,071.5 million euros a year earlier. Tire revenues, which account for almost all of the company’s sales totaled 6,115.8 million euros in 2013, an increase of 1.4% from 6,031.3 million euros. Full year
Conti to Expand Replacement Business
During its annual press conference, Continental CEO Elmar Degenhart shared that expansion of the tire business and further acquisitions are on the cards as part of the company’s aim of reducing its reliance on the automotive original equipment industry. After discussing the recent acquisition of Veyance Technologies, a firm he described as “ideally” matching the
Conti Expects Minor Tire Market Growth
This year, Continental expects to sell a total of 11 million more tires in the European and the NAFTA replacement markets than in 2013. Speaking at the company’s press day in Hannover, Germany, Continental CEO Elmar Degenhart stated that the tiremaker anticipates an increase of 2% in these two regions, markets he said were “very