Report: Conti, Michelin Considering Kumho Tire Acquisition
Continental AG is reportedly in talks to join the bidding for Kumho Tire Co., The Korean Herald reports. Other companies interested in acquiring Kumho include Chinese state-owned ChemChina and France’s Michelin, according to the report. Analysts have further said that Kumho is an attractive buy to global firms because of its several plants in China
Conti’s Mt. Vernon Plant Receives Bomb Threats
Two bomb threats were reportedly made to Continental Tire the Americas’ Mt. Vernon, Ill., tire manufacturing facility. According to local reports, company officials have announced increased security measures after two threats – one on June 3 and another on June 6 – targeted the plant’s Mixing Department. Neither threat was found to be credible. “We
Continental Official Tire of Fittipaldi Exotic Driving
Continental Tire the Americas has been named the Official Tire of Fittipaldi Exotic Driving. With the partnership, the driving experience gives participants the opportunity to drive a Ferrari, Lamorghini, Nissan GT-R and Porsche cars on racetracks across Texas that are all fitted with Continental tires. The program operates monthly at MSR Houston, Texas Motor Speedway
Rockin’ and Rollin’ into 2016
Still aiming to be dealers’ “No. 1,” Continental Tire the Americas announced a number of updates for 2016 during its Gold Dealer Meeting, themed “Conti Rocks Cancun,” on April 12 at the Hard Rock Hotel in Cancun, Mexico. “Two years ago here, we made a statement that you are our No. 1.; our No. 1
Continental to Create New Entity in Ghana
Continental Tire is poised to create a new legal entity in Ghana’s capital city of Accra in an effort to expand its West Africa presence, the News Ghana reports. The Managing Director of Continental Tire Sub-Saharan Africa Shaun Uys, told the newspaper, “The tire industry in Africa is generally under-serviced by the major manufacturers, and
Conti Receives Supplier Award from O’Reilly Auto Parts
O’Reilly Automotive Inc. honored Continental AG’s commercial vehicles and aftermarket division with the 2015 Content and O’Cat Award. This is the first supplier recognition award the division has received from O’Reilly Auto Parts. “We are proud and honored to receive this prestigious award. It validates our commitment to provide that kind of quality information and
Arnott Launches New Front Air Struts
Arnott Air Suspension Products has introduced new front right and front left air struts for the 2003 though 2012 Bentley Continental GT and the 2006 through 2012 Flying Spur. The new strut assemblies replace the OE Bentley strut and feature a new, custom-tuned shock absorber calibrated to restore the vehicle’s original ride control and performance, Arnott said.
Conti Named 2015 GM Supplier of the Year
General Motors honored Continental AG with the 2015 General Motors Supplier of the Year award during its 24th annual Supplier of the Year awards ceremony in Detroit, Mich. This is the first time Continental’s tire segment has received the award. “We are extremely proud and honored to receive this award, it is an excellent reflection of
YRC and Conti Terminate Joint Venture
The Yokohama Rubber Co. and Continental AG have decided to terminate their joint venture company, Yokohama Continental Tire Co. (YCC), effective end of March 2016. YCC was created in 2002 to meet the requirement set by Japanese and Korean carmakers for global procurement, according to a press release. Because Yokohama and Continental have both been
Fortune Names Goodyear Most Admired Tiremaker
For the fourth year in a row, Fortune magazine has recognized Goodyear Tire & Rubber Co. as the world’s most admired tiremaker. Goodyear ranked 3rd in Fortune’s World’s Most Admired Companies’ Motor Vehicle Parts category, and was the first tiremaker named. Groupe Michelin took 5th and Continental took 8th in the Motor Vehicle Parts Category.
Continental Updates Rewards Program
Continental AG’s Elite RPM (Rewards Program Member) Club has re-launched its professional repair technician rewards program with new features. The Elite RPM Club continues to offer rewards for proofs-of-purchase of Continental Elite products, but now will focus more on engaging professional repair technicians who use the Elite products, Conti said. With its new focus, members
Update: Conti Plant Incentive Value May Reach $333 Million
After an aggressive two-year courtship, the state of Mississippi and Continental AG signed on the dotted line last week, completing a deal that will bring a $1.45 billion, 2,500-job tire plant to the state. It is the Magnolia State’s second tire plant win in five years, and will bring much needed good paying jobs to
