Continental has taken over Czech machine tool manufacturer VUK. The acquisition is said to strengthen the tire maker’s presence in Otrokovice, Czech Republic, which is also the home to Continental’s largest tire plant worldwide with 4,500 employees. Together with the new unit Conti will be driving forward the development and production of tire assembly machines to the latest standards.
Trelleborg has inaugurated its new European logistics hub for material handling and construction tires and its new Benelux commercial office in Evergem, Belgium.
The premises consists of a 3,048ft² (10,000m²) warehouse along with offices to house the Benelux commercial office for Trelleborg Wheels Systems. Holding more than 70,000 tires in stock, Trelleborg Wheel Systems says that it can serve its European warehouses and key customers in the region from this facility on a ‘just in time’ basis.
Brussels – European sales of replacement passenger car and truck & bus tires recovered strongly in the second quarter, figures from the European Tyre & Rubber Manufacturers’ Association (ETRMA) show.
In the three months to 30 June, ETRMA member companies reported a 5% year-on-year increase in sales of passenger car tires, to 49,154,000 units – in contrast to a 6% year-on-year decline in the first-quarter to 52, 353,000 units.
HANAU, Germany — Sumitomo Rubber Europe G.m.b.H. and Dunlop Tech G.m.b.H. have opened a European Development Center in Hanau-Steinheim with capacities for tire development and testing, production of liquid latex and the design of tire pressure monitoring systems.
The 322,000-sq.-ft. facility, housed in a restored historical building in the Steinheim district of Hanau, will allow the Sumitomo Rubber Industries Ltd. (SRI) subsidiaries to boost the speed and efficiency of their research and development operations, according to Bernd Löwenhaupt, managing director of Sumitomo Rubber Europe.
On the face of it, the Goodwood Festival of Speed is a small specialist show held in a rural corner of southern England. In reality, this motorsport-themed event is attracting global manufacturers by offering far more than traditional auto shows such as Paris or Geneva can ever do.
Seoul – Hankook Tire is buying 100% shares of German independent tire distributor Reifen-Mueller in a bid to strengthen its global distribution system.
The South Korean company announced 4 July that the acquisition will include Reifen-Mueller’s sales distribution affiliate company, ‘Reifen-Mueller KG’, as well its retreading business ‘Reifen-Mueller GmbH & Co. Runderneuerungswerk KG’.
The transaction amount was not disclosed.
Gothenburg, Sweden – Scandinavian Enviro Systems AB will be building a tire recycling plant in the city of Buffalo, New York, the company has announced.
In a 29 June statement, the manufacturer of recovered carbon black (rCB) said it had signed a memorandum of understanding with the Treadcraft Ltd to establish a recycling plant for the company with minimum capacity to recover 30 kilotonnes of end-of-life tires per year.
Hanover, Germany – Continental AG is reorganising the top management of its Tire Division, with Christian Koetz taking over the the business unit Commercial Vehicle Tires as of 1 July.
The former head of business unit Passenger and Light Truck Replacement Tires EMEA will report to Nikolai Setzer, head of the Tire Division.
Koetz’ former position is taken over by Philipp von Hirschheydt, who previously served…
The automotive aftermarket parts industry is expected to see global sales grow by 6% over the next seven years as the need for parts worldwide increases. Smart companies should be working now to earn a piece of that business.
MILAN — Italy’s new populist government has a plan to put 1 million electric vehicles on the nation’s roads by 2022 in an effort to go from being the region’s weakest EV market to replacing Norway as its strongest. Getting anywhere near that target could cost the state $10 billion in incentives. As coalition partners the League and the Five Star Movement haggled last month over their contract to govern, Five Star managed to insert a passage on “reductions in gasoline and diesel vehicles.”