Settled, But Not Settling: Turmoil Passed, CTNA Focus Shifts to Building Brand, Rebuilding Dealer Trust
Plant closings, union battles, multiple management changes, low fill rates, irate dealers, shifting directions…the last five years have been difficult for Continental Tire North America. But, the past is the past. Since the appointment of Continental AG CFO Alan Hippe as president and CEO of CTNA in May 2005, CTNA officials point out, progress has
Reifen Tyre Show for China
(Staffordshire, U.K./Tyres & Accessories) Reifen Essen, arguably the world’s leading tyre industry fair, is heading for China.
Pirelli Opens New UHP Factory in Romania
(Staffordshire, U.K./Tyres & Accessories) When Pirelli Tyre’s IPO last summer completely failed, the parent company was forced to sell about 39% of its tyre division Pirelli Tyre SpA to a group of corporate investors from the banking sector rather than to private shareholders.
Goodyear and Bridgestone: Western Manufacturers in India
(Staffordshire, U.K./Tyres & Accessories) Although the Indian tyre market is mainly characterised by its strong growth, it still is a market that is relatively self-sufficient.
Apollo Tyres: The Brave New Face of Tyre India
(India/Rubber Asia) Apollo Tyres Ltd., India’s most happening tyre company, which quietly carved a niche for itself and won a commendable share of the tyre market with amazing speed, recently stunned its competitors by taking over Dunlop South Africa, thereby enlarging its corporate profile beyond geographical boundaries.
Full Steam Ahead: Amtel-Vredestein Executive Charts Course For Core Vredestein Brand
Robert H. Oudshoorn has been CEO of Vredestein Banden BV since 1994. Prior to that, he was director of commercial operations at a Michelin-Okamoto joint venture in Tokyo and also worked as representative director for Groupe Michelin in South Africa. In April 2005, Russian tiremaker Amtel Holdings officially completed its $245 million cash purchase of
Exec Director Quits Balkrishna, Plans to Purchase Alliance
(Clacton, U.K./Tyres & Accessories) Former Balkrishna Industries Ltd. executive director Yogeshkumar (Yogesh) Mahansaria and his brother, Ashokkumar, have reportedly quit the fast-growing Indian tyre producer, citing “family differences” as the reason.
Anne Evans: Turning Waste Tyres Into Wealth
(India/Rubber Asia) Worldwide, more than 1.5 billion scrap tyres are removed from vehicles each year.
India: New Hub of the Automotive Industry
(Akron/Tire Review) India’s car market has emerged as the fastest growing in the world.
Apollo Q2 Sales Grow 21%
(Clacton, U.K./Tyres & Accessories) Apollo has published unaudited financial results showing second quarter sales of 7.67 billion rupees (≤90.5 million), up 21% year-on-year.