Goodyear acquires tire tech company Ventech Systems

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Goodyear Tire announced today that it has agreed to acquire Ventech Systems, an automated tire inspection technology company, from Grenzebach Maschinenbau.

Ventech Systems (https://ventech.de/en), based in Dorsten, Germany, delivers innovative measuring devices for the vehicle industry. The company was founded in 2006. It provides a fully-automated tire inspection system that quickly and easily checks tire pressure, tread depth and vehicle weight for buses, trucks, cars and other vehicles.

Read the source article at Traction News

Goodyear to buy German tire inspection technology firm

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AKRON — Goodyear is pushing further into the fleet management business by agreeing to buy Ventech Systems G.m.b.H., a Germany-based developer of automated tire inspection technology under the trade name PneuScan.

Read the source article at Tire Business

Goodyear, Case Western Reserve University Launch Shared Mobility Innovation Competition

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The Goodyear Tire & Rubber Co., in collaboration with the Weatherhead School of Management at Case Western Reserve University in Cleveland, is once again sponsoring a business design and innovation competition to uncover future mobility solutions in an emerging world of shared vehicle usage.

Read the source article at Aftermarket News

Nokian Tyres Breaks Ground on New Tennessee Plant

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Patti Renner returns to Babcox Media as editor of Tire Review. Since leaving Babcox in 1997 (former editor of Underhood Service), she owned and operated a chain of specialty retail shops, worked with small businesses on their online marketing approach, and served as VP Marketing North America for a global marketing technology company.

Read the source article at Tire Review

Goodyear Acquires Ventech Systems

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Goodyear Tire & Rubber Co. has acquired Ventech Systems GmbH, an automated tire inspection technology.

“Over the past three years, our Goodyear Proactive Solutions business has collaborated with Ventech Systems to integrate its data gathering and analysis capabilities into our fleet management solution,” said Christopher Helsel, Goodyear vice president and chief technology officer.

Read the source article at Tire Review

Goodyear, Giti, Hankook plants set to come online

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AKRON—Tire manufacturing in North America is due for a sizable boost over the coming few months as Goodyear, Hankook Tire America Corp. and Giti Tire Group commission commercial-scale production at new factories in Mexico and the U.S.

Read the source article at Rubber and Plastics News

Zenises denies Doublestar acquisition rumours

Zenises Group CEO, Harjeev Kandhari has denied rumours emanating from the Spanish market that Chinese tyremaker Doublestar has bid as much as 250 million euros for the company. Doublestar and Zenises entered into a European joint venture in October 2016.

Read the source article at Tyrepress

Kumho Tire’s future in limbo as Doublestar cancels deal

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Seoul – Following months of debates and dispute over trademark rights and price tag, China’s Qingdao Doublestar has agreed to cancel a deal to buy a 42.01% stake in South Korea’s second tire-maker, according to the Korean news agency Yonhap.

As reported by ERJ, after months of disputes over trade mark rights, Doublestar, in August, asked for the price tag to be reduced to 800 billion won, from the original 955 billion won (€778 million) agreement signed in March.

Read the source article at European Rubber Journal

TIA Urges Congress to Cover Hurricane Irma in Disaster Relief Bill

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(Bowie, MD – 9/13/2017) – As thousands of people look to repair from the devastation left by the recent hurricanes, many businesses are left wondering how they will recover. The Tire Industry Association and members of the Work Opportunity Tax Credit (WOTC) Coalition will lobby Congress to apply WOTC to natural disasters, that will cover powerful hurricanes like Harvey and Irma.

Read the source article at TIRE INDUSTRY ASSOCIATION

European automakers offer conditional 20% cut in CO2 by 2030

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FRANKFURT — European carmakers offered a further 20 percent cut to average carbon dioxide emissions in the next round of EU goals currently being drawn up, but said full compliance should wait until 2030 and remain conditional on consumer uptake of electrified cars. The proposal was announced at the Frankfurt auto show by Dieter Zetsche, CEO of Daimler and president of the European manufacturers’ association, ACEA.

Read the source article at Automotive News Europe