TEL AVIV/BERLIN — Continental is in advanced talks to buy Israel’s Argus Cyber Security, whose technology guards connected cars from hacking, for about $400 million, Israeli media reported. Cybersecurity experts have criticized the automotive industry for failing to do more to secure internal communications of vehicles with network-connected features.
Greenball Corporation is returning to SEMA this year with a newly expanded line of tires and wheels for a wide range of vehicles, from light trucks, specialty trailer tires, ATVs, UTVs and more. According to the company, Greenball’s light truck brands are both expanding their size offerings for select models. On display at the Greenball booth will be two new sizes of Kanati’s Mud Hog M/T tire, with five more sizes coming soon.
Cooper Tire & Rubber Company has reported a net income of US$62 million (diluted earnings per share of $1.18) for the third quarter of 2017, up 26.5 per cent from a year earlier.
The Goodyear Tire & Rubber Co. has reported results for the third quarter and first nine months of 2017.
“During the third quarter, we saw a continuation of the challenging industry conditions we experienced in the second quarter including lower consumer replacement volumes, production cuts by automakers and an increase of more than 30 percent in our raw material input costs,” said Richard Kramer, chairman, CEO and president.
Sentury Tire has announced that it will be featuring two new project vehicles at the Sentury Tire booth at SEMA 2017. A 2018 Maserati Levante will be equipped with Delinte DS8 Performance SUV Tires and a 2018 Mercedes G63 with Delinte DX10 All-Terrain Tires. Both vehicles will highlight the latest custom wheels from Giovanna.
LAS VEGAS — Dealing with changing vehicle technology will be a recurring theme this year at the Specialty Equipment Market Association (SEMA) Show and Automotive Aftermarket Products Expo (AAPEX), which run concurrently the week of Oct.
Speaking to a group of industry executives at the 2017 Annual Hose Conference, Andreas Gerstenberger, Continental’s executive vice president of industrial fluid solutions, said there are megatrends developing in the automotive and industrial hose businesses and those developments are not threats but opportunities.
Tehran – Japanese tire-maker Bridgestone Corp. has started distribution of its products in Iran, through Arian Tire Pouya, an official representative of the Bridgestone brand.
In a statement provided to ERJ, the company said it intended to market passenger and commercial tires in Iran through Arian Tire’s network.
At the initial stage, Bridgestone is introducing four PCR categories of products: Ecopia, Turanza, Potenza and Dueler in Iran in addition to “various products” for…
tests for two NASCAR races scheduled for next season, including the playoff race at Charlotte, but it has yet to announce a contract extension for 2018.
But Stu Grant, Goodyear’s general manager of worldwide racing said a new contract with NASCAR is imminent.
“We have not finalized the agreement yet; that’s true,” Grant said Sunday before the Monster Energy NASCAR Cup Series race at Kansas Speedway. “We’re getting very close to a contract extension. But we are testing for 2018, we’re getting ready to build tires for the Daytona 500. We’re operating like we’re going to be here in 2018.”
RICHBURG, S.C.–Giti Tire has initiated production at its $560 million Richburg tire plant, making Singapore-headquartered Giti the 16th global tire maker with U.S.-based manufacturing capacity.