Continental, Partners Report ‘Breakthrough’ in Dandelion Rubber Work
Continental AG said the joint venture project it operates with and the Fraunhofer Institute for Molecular Biology and Applied Ecology (IME) is on the verge of a dandelion rubber breakthrough.
Capacity Boosted for Unopened Bridgestone Plant
Although Bridgestone Corp.’s new radial passenger tire factory in Vietnam has yet to enter operation, the tiremaker has announced the plant’s first capacity increase. Following its expected start of operations in March 2014, Bridgestone Tire Manufacturing Vietnam originally planned for the factory in Hai Phong City to reach a capacity of 25,000 tires a day
Mitas Releases New Sizes of CHO Harvester Tire
Mitas will roll out five new sizes for its CHO tires during the upcoming Agritechnica 2013 fair in Hannover, Germany.
Goodyear Sets Future Leadership With Executive Moves
Goodyear Tire & Rubber Co. has reshuffled its global leadership, resulting in a new head of the company’s Europe, Middle East, and Africa (EMEA) business unit and a new CFO. Darren Wells, 47, the company’s global CFO, was named president of Goodyear EMEA. Arthur de Bok, currently president of this business, will move into the
Michelin Partners with Nissan in Racecar Project
Michelin has joined Nissan to develop tires for a racecar that is designed to achieve 186 mph at the Le Mans circuit on electric power alone.
Alliance CEO Mahansaria Featured on Forbes India
Alliance Tire Group’s CEO Yogesh Mahansaria was recently featured on the cover of Forbes India magazine.
The Brooklyn Brothers Partners as Apollo’s Global Creative Agency
Apollo Tyres Ltd. has hired The Brooklyn Brothers as its global creative agency. The agency’s London office will service the account, assisting the tiremaker with building its global brand through print, electronic and digital mediums. Apollo Tyres recently set-up its global marketing office in London, which is responsible for the company’s global product strategy, marketing
Commercial Vehicle Registrations Up 12.4%
With rises in the number of registrations of buses, coaches and cars in September, the commercial vehicle sector continued the good news, with total CV registrations performing strongly in the month, up 12.4% to 49,197 units. This means the overall commercial vehicle market is up 8.1% for the year-to-date, at 239,356 units. In September, vans
Bridgestone Secures Site for Turkish Plant
Bridgestone announced a site has been found for its second plant in Turkey on Oct. 4.
Titan International to Serve as Managing Partner in Voltyre-Prom Acquisition
Titan International, in partnership with One Equity Partners (OEP) and the Russian Direct Investment Fund (RDIF), has acquired the majority interest in Voltyre-Prom for approximately $94 million. Titan will act as the managing partner for the consortium. “We are excited to be part of a consortium with RDIF and OEP which allows us to enter
JK Tyre To Start Chennai Expansion
JK Tyre & Industries is planning to start its Rs 1,000-crore expansion plan at its Chennai plant within the next two to three months doubling the tiremaker’s capacity at the plant, according to the Business Standard. The project would be completed in two phases and be done by 2016-17. The proposed expansion will increase JK
Surprise Move: Schaeffler Replaces CEO
Schaeffler AG has decided to shifts strategy and replaced Juergen Geissinger as CEO, effective immediately. The company’s CFO, Klaus Rosenfeld, will assume the role of CEO on an interim basis, the company said. The departure of Geissinger is immediate and by mutual consent, the German-based company said. “With today’s change of leadership we have paved