Hankook Tire announced will equip Fiat with its original equipment tire, Kinergy Eco², expanding its ever-growing global original equipment.
The Fiat 500 and Fiat Panda are the first FCA city cars fitted with the new gasoline Mild Hybrid technology and they are the first step towards the electrification of the Fiat brand. The two models, icons of style, design and “Made in Italy” around the world, now improves fuel efficiency, reducing CO2 emissions on average by 20% and up to 30%.
Read the source article at Traction News
The Company notes that many end markets, including automotive, tires and construction, experienced strong demand recovery in the third quarter after weak demand during the second quarter due to the COVID-19 pandemic. Third quarter volumes in the Performance Plastics, Synthetic Rubber and Latex Binders segments were similar to prior year. In addition, margins across most segments were higher than prior year.
Read the source article at Home – The Globe and Mail
Oct 29 (Reuters) – Industrial materials maker DuPont on Thursday forecast full-year profit above Wall Street expectations as it kept a tight check on costs and benefited from a recovery in the automotive industry, one of it biggest markets. The company, which makes everything from brake fluid to fabric used in protective garments, has been cutting costs to battle weak demand in several industries due to the COVID-19 pandemic.
Read the source article at Business News
Hanover, Germany, September 2020. Continental is a founding partner and, as of 2021, the premium sponsor of the Extreme E series. The technology company will equip all vehicles in the races with tires for the various events, which will all prove very challenging. In this interview, Alejandro Agag, CEO of Extreme E and Formula E, talks about the special fascination of the new format. He talks about the beginnings and the social aspirations of the innovative E-SUV series, but also about the partnership with Continental and the extraordinary importance of tires.
Read the source article at continental.com
SEOUL — LG Chem plans to triple production capacity for cylindrical batteries used by Tesla and others and is considering expansion in Europe and North America to meet surging demand, the supplier said on Wednesday. The South Korean company forecast a further rise in its battery sales and profit in the fourth quarter after posting record quarterly earnings thanks to growing demand for EV batteries.
Read the source article at Front Page
The Big Nickel (L), a nine-meter high replica of a Canadian five cent coin, is framed with the Vale Inco Superstack (R), a 380-meter high chimney at the Copper Cliff Smelter Complex, in Sudbury, Ontario TORONTO — Mineral-rich Canada has potential to become a preferred supplier of cleaner nickel to power electric vehicles (EV), miners say, as automakers scour the globe for more environmentally friendly supplies of the metal.
Read the source article at Autoblog
NEWMARKET, Ontario, Oct. 05, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that AirBoss Defense Group (“ADG”) has recently been awarded an additional US$22.0 million in contracts across its survivability portfolio for multiple parties in North America and internationally.
Read the source article at Send Press Releases with GlobeNewswire
The launch of the second-line Laufenn brand onto the European commercial vehicle tyre market has rounded out Hankook’s offer to fleet customers. Offering a second tier brand – alongside a growing retreading programme via its Alphatread range – can both allow the manufacturer a more extensive product range to cater to each customer’s entire fleet, and also allow Hankook to capitalise on the growing interest in more value-oriented products.
Read the source article at Tyrepress
Goodyear will supply two original equipment tire options for the new Land Rover Defender. The revamped off-roader relaunches after a radical redesign for 2020, and the tire manufacturer will offer the Goodyear Wrangler All-Terrain Adventure and Goodyear Wrangler DuraTrac as fitment options.
Read the source article at Tire Technology International
(Reuters) – Auto parts maker Magna International Inc (MG.TO) on Friday reported better-than-expected quarterly revenue and forecast full-year sales above estimates, as vehicle production in North America showed signs of a recovery from the COVID-19 pandemic. The company said it lost about $5.5 billion in sales during the second quarter, as its customers shut production amid government-enforced lockdowns.
Read the source article at reuters.com