Conti Boosting Prices Oct. 1
(Akron/Tire Review) Continental Tire North America is raising prices on its passenger and light truck/SUVs tires sold in the U.S. The increase will take effect Oct. 1.
Court Says CTNA Has to Pay Retiree Coverage
(Akron/Tire Review) Federal Judge Jack Zouhary of the U.S. District Court for the Northern District of Ohio Western Division has ordered Continental Tire North America to make good on health insurance promised retired workers under contracts with the United Steelworkers.
Striking South African Workers Vent Anger at Tyre Plant Bosses
(Staffordshire, U.K./Tyres & Accessories) Striking workers at Continental Tyre South Africa’s Port Elizabeth factory have expressed their feelings towards deadlocked wage negotiations with what one local media source has described as a “rampage.”
Half-Year Results “Arm” Conti for Future
(Staffordshire, U.K./Tyres & Accessories) Following positive sales and EBIT during the first half of the year, Continental AG says its goals for 2007 are firmly in sight and feels “well armed to tackle the tasks ahead.”
MRF Joins Rubber Group’s Panel of Associates
(Staffordshire, U.K./Tyres & Accessories) The International Rubber Study Group (IRSG) has released a statement outlining the addition of India’s largest tyremaker, MRF, to the group’s Panel of Associates.
OE Brand Has A Strong Influence on Aftermarket Sales
(Staffordshire, U.K./Tyres & Accessories) The degree of individualisation that goes into commercial vehicles selling for six-figure sums is much higher than for passenger cars.
Tyre Manufacturer Leads Chase for National Tyres
(Staffordshire, U.K./Tyres & Accessories) A ‘big manufacturer’ has teamed up with Robson Asset Management (RAM), a private equity company established by former Royal Bank of Scotland finance chief Jeremy Robson, to bid for National Tyres and Autocare.
Moving Target: Dealers Need Sure Footing to Take Accurate Aim in New Tire World
There’s a growing phenomenon imposing its will on the tire industry these days. It’s called “global warming,” but it has nothing to do with the weather. It has everything to do with “warming up” to imports and overseas suppliers. North American tire dealers – retail and commercial – have certainly seen their brand options increase
New Speed Record for ContiSportContact Vmax
(Staffordshire, U.K./Tyres & Accessories) Less than a month after Continental AG was admitted to the Guinness Book of Records for car performance modifier Jan Fatthauer’s 388 km/h dash, which saw the Continental ContiSportContact Vmax officially recognised as the world’s fastest production tyre, a new record using Conti’s performance tyre has been set.
Update: Siemens Selling VDO Unit to Conti
(Staffordshire, U.K./Tyres & Accessories) Continental AG will become the proud new owner of Siemens’ VDO automotive electronics unit after agreeing upon a deal worth 11.4 billion euros.