U.S. vehicle sales in the second quarter for General Motors, Toyota Motor and Fiat Chrysler plunged by more than 30% as the coronavirus caused consumers to stay at home, and dealerships and factories to shutter. The hefty declines are in-line with what Wall Street expected. Hyundai Motor and Porsche also reported significant drops in sales between April and June compared to a year earlier. The automakers were among the first to report second-quarter sales on Wednesday.
BFGoodrich Tires started as a small rubber company in Akron, Ohio in 1870, and 150 years after, it became a powerhouse of innovation and performance enablement.
During the past century and a half, BFGoodrich’s accomplishments include the first pneumatic car tire produced in the U.S., tires for the first car to drive coast to coast, tires on the historic flight of the Spirit of St. Louis, the first tubeless tires, the first radial tire in the U.S., and tires on the Columbia space shuttles.
Hanover, June 19, 2020. For many years now, Continental’s Tire business area has demonstrated an ongoing commitment to the area of sustainability and has now bundled all activities and projects in a newly created department under the leadership of Claus Petschick as part of its “Vision 2030” strategy program. As Head of Sustainability, he is responsible since April 1, 2020 for the strategic direction and worldwide steering of all sustainability projects, and in this role reports directly to Christian Kötz, Head of the Tire business area and Member of the Executive Board of Continental AG.
BRUSSELS, June 22, 2020 – The Goodyear Tire & Rubber Company today announced a new leadership appointment in its Europe, Middle East and Africa (EMEA) region. Hakan Bayman has been named president of Goodyear’s consumer tire business in Europe, effective July 1.
Bayman will be based in Brussels and report directly to Chris Delaney, President Goodyear EMEA.
“Hakan brings deep industry experience in both customer-facing and marketing capacities and I am enormously confident in his ability to drive value for our customers and make it easy to buy, own and recommend Goodyear tires,” said Delaney.
Milan, 18 June 2020 – Resilience is the theme at the centre of “The Road Ahead”, the 2019 edition of the Pirelli Annual Report which, continuing the now decade long tradition, tells the company’s story going beyond the numbers alone. This year the task of enriching the report, with previously unpublished texts and illustrations, was entrusted to the great author Emmanuel Carrère, the famous non-fiction writer John Seabrook, and the visual artist Selman Hoşgör.
Former Maxxis International President Dr. Wally Chen is leaving retirement to assume chairmanship of the company.
Chen’s chairmanship was effective immediately after a vote by the company’s board of directors at a recent meeting.
“I want Maxxis to be a positive force in the world by offering safe, sustainably manufactured, high-quality tires to consumers who know that they can count on us for 100% quality, 100% service, and 100% trust. Together, we will strive to make Maxxis an even better company and our world a better place,” Chen said.
On June 3, the House Transportation and Infrastructure Committee released draft text of a five-year, $494 billion surface transportation reauthorization bill entitled the “Investing in a New Vision for the Environment and Surface Transportation in America Act” or the “INVEST in America Act.”
The bill includes $411 billion in contract authority from the Highway Trust Fund for highway, transit, safety and research programs. $319 billion is the portion allocated for the Federal-aid highway program under the Federal Highway Administration.
Cooper Standard today announced the following changes to its Global Leadership Team, effective August 1: …
“With Patrick, Chris and Bill in these crucial global roles, Cooper Standard is well positioned to drive our business and deliver for our stakeholders,” said Jeffrey S. Edwards, chairman and CEO, Cooper Standard. “We’re proud of the strength and capabilities of our leadership team which enables us to shift these key functions to existing internal talent while maintaining world-class service to our customers.”
Michelin CEO Florent Menegaux has suggested about further collaboration with fellow leading tyre manufacturer and automotive supplier Continental. The French and German companies have cooperated on the Eurofit wheel business since the 1990s and entered into the Rubberway supply chain joint venture in September 2019.
On today’s podcast, we talk with Doug Kershaw, vice president of BKT USA, to check in not only on BKT’s business but also get a status report on different segments of the OTR industry.