Conti Says It Wants Goodyear’s Engineered Products Unit
(Akron/Tire Review) Just a day after Goodyear Tire & Rubber Co. affirmed that wanted to sell its Engineered Products Group, Continental AG stepped up and said it was interested in buying.
Conti Sees Sales, Earnings Jump for First Quarter
(Akron/Tire Review) Continental AG reported increased sales and earnings for the first quarter of 2006, particularly from its tire units.
BFNAT to Commemorate U.S. Interstate System’s 50th Anniversary
(Akron/Tire Review) This June, Bridgestone/Firestone North American Tire (BFNAT) will join the American Association of State Highway and Transportation Officials (AASHTO) in commemorating the 1919 journey of the first transcontinental motor train.
Russian Market Gains Additional Brands
(Clacton, U.K./Tyres & Accessories) At first sight it is difficult to tell whether the Tires & Rubber show, held for the ninth time in Moscow recently, is a show for the industry or the trade.
ContiTech Expands Production Capacity in Romania
(Akron/Tire Review) The power transmission group of the ContiTech division of Continental AG has expanded drive-belt production capacity at its manufacturing plant in Timisoara, Romania.
Connected to the HP Market
(Clacton, U.K./Tyres & Accessories) Continental AG’s decision to launch the third variation of its popular SportContact reflects the increasing importance of high performance products in its portfolio.
Conti Officially Dedicates New Brazil Plant
(Akron/Tire Review) Continental AG formally dedicated its new tire plant in Camacari, Brazil, just 18 months after laying the cornerstone for the 500,000-square-meter plant.
Vredestein Gets High Marks in Wet Tests
(Akron/Tire Review) Vredestein Hi-Trac performance tires bested other brands in independent tests conducted by Sweden’s Aftonbladet–Bil and AutomotorSport magazines, by Norway’s VG and Motor magazines, by Finland’s Tekniikan Maailma publication and by Russia’s automotive newspaper Avtoreview.
Conti Buying Motorola Car Business for $1 Billion Cash
(Akron/Tire Review) Continental AG will acquire Motorola Inc.’s automotive electronics business for approximately $1 billion in cash, it was announced this morning.
Globalization: Can We Survive the Onslaught?
(Douglasdale, South Africa/S.A. Treads) Never before has the trend of Globalization been more acutely felt. In the context of the tyre industry, Globalization began almost a century ago, when manufacturing giants such as the Goodyear Tire & Rubber Co. began establishing operations outside of its home base, the U.S.