Chinese to Enter U.S. Auto Market
(Akron/Tire Review – Sam Jose Mercury News) With one humble car, a modest sedan called the Geely CK 1.5, parked Tuesday in the lobby of the North American International Auto Show, a Chinese automaker announced it’s coming to the U.S.
Growth Track: Seawell Says New-Look Hercules Now Ready For Expansion
Hercules Tire & Rubber Co. was formed in 1952 by a group of 21 retreaders looking to work together to bring better pricing and greater impact to their individual businesses. Over the years, Hercules expanded to become one of the top private branders in the U.S., a major player in the retreading industry, a customer
The Last Act?: Even After Attendance Boost for “Positive” WTE, TIA Officials Looking at Options
Even After Attendance Boost for “Positive” WTE, TIA Officials Looking at Options
Eye on Tomorrow: Challenge Bibendum in Shanghai Explores ‘Sustainable Mobility’
Challenge Bibendum in Shanghai Explores ‘Sustainable Mobility’
Industry Report
Conti to Add "Low Cost" Production for N.A.Continental AG announced plans to spend upwards of $306.9 million to boost tire capacity in low-cost countries, primarily to benefit its struggling North American operations. In addition, Continental officials said the company is still seeking a partner in China.
Field of Vision: ACCC’s Largest-Ever Dealer Event Looks at Past, Future Success
ACCC’s Largest-Ever Dealer Event Looks at Past, Future SuccessIn a century-old industry, 15 years doesn’t seem like much. But to an entrepreneurial business ®€“ whether a single retail store or alliance of successful dealers ®€“ 15 years is a long time.
Industry Report
Reports Say Georgia Site of Planned Toyo PlantIt’s existing capacity stretched to the limit, Toyo Tire & Rubber Co. took a giant step forward, announcing on Feb. 17 plans for a new $150-million passenger and light truck/SUV tire plant that would come on stream in 2006. News reports out of Atlanta in early February indicated the company received approval to build the plant in Bartow County, Ga., about 60 miles north of Atlanta. Toyo said the plant would have the capacity to produce two million consumer tires per year.
Industry Report
Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.
Industry Report
Master contract talks between Bridgestone Americas Holding (BAH) and the United Steelworkers of America (USWA) shattered Nov. 13 after union negotiators walked out of a bargaining meeting claiming the company’s contract proposal was "so far off the mark" and setting the stage for a possible strike at BAH tire plants across North America.
Poised and Ready: With OE Presence and R&D, ‘Quiet’ Hankook Looks Forward
Jin W. (J.W.) Choi became president and CEO of Hankook Tire America Corp. in 2001, capping a career with Hankook Tire Co. Ltd. that began in 1975. Choi served in a wide variety of management positions for Hankook Tire Co., including international assignments in Iran, Germany and the U.S. Prior to his current assignment with