Business News

Conti will take over Kmart Tyre and Auto Service chain KTAS

Continental will take over Kmart Tyre and Auto Service chain KTAS.

Continental will take over the Australian Kmart Tyre and Auto Service“ (KTAS) and will strengthen its network of dealers in Australia. The Australian company Wesfarmers Limited is the seller. The purchase price amounts to 350 Australian dollars (about 227 million euros).

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Apollo: Altrust series is growing

Apollo Tyres is expanding its Altrust tyre series.

Apollo Tyres has expanded the Altrust tyre series. Fourteen sizes of the Altrust All Season cover the most popular sizes of vans. According to responsible people at the company, the series is characterized by quality features like braking behaviour on wet roads, high stability when taking bends as well as a low noise level during the whole tyre life.

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Pirelli will support the team Luna Rossa Challenge

Pirelli and Prada are co-sponsors of the team Luna Rossa Challenge during the 36th America´s Cup 2021.

Pirelli and the team Luna Rossa Challenge have come to an agreement concerning setting up a partnership, which will focus on projects lasting several years: the participation of Luna Rossa in the next edition of the America's Cup in New Zealand in the year 2021.

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Autobahn Retreading will become franchisee of Marangoni

Autobahn Retreading will sell Marangoni’s Ringtread too.

Marangoni GRP Private Limited (MGPL), a joint venture operating in the area of retreading of commercial vehicles in India, announces its first full service Ringtread franchisee in India: Autobahn Retreading, which is part of Autobahn Trucking Corporation (P) Ltd and dealer for Bharat Benz Trucks in Cochin/Kerala.

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MWheels nominates Stefan Kantz as European Office Coordinator

Stefan Kantz will join the MWheels team in Neuwied.

The MWheels GmbH based in Neuwied has nominated Stefan Kantz as European Office Coordinator in order to reinforce overseas business. Kantz is to support both the distribution and the finance team in an administrative way, and to coordinate logistics providers. Thus, he is meant to guarantee that all customer needs will be satisfied within the framework of budget and schedule.

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Vredestein develops tyres for modern classic cars

Vredestein’s tyres for modern classic cars will offer appropriate tread design as well as elegant sidewall design.

Vredestein offers a broad portfolio of tyres for classic cars. Furthermore, a growing increase in tyres for modern classic cars has been noticed too. Thus, the company is expanding its offer of tyres for these vehicles. The first tyre for modern classic cars has exclusively been developed for the Audi Ur-Quattro in size 215/50 R15 and will be introduced into the market in September 2018. Jochen Mass, the former Formula 1 champion and ambassador of the brand Vredestein, supported the development.

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Michelin will take over Camso – concentration of OTR activities

Michelin will take over Camso for about 1.45 billion US dollars.

Michelin and Camso have come to an agreement according to which Michelin will take over the company Camso based in Quebec/Canada. The OTR (off-the-road) activities of both companies are to be concentrated in a new division, which will be managed from Quebec.

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Three new tyres of Falken’s secondary brand Sumitomo Tyres

The Sumitomo BC100 was presented at The Tire Cologne for the first time.

Since the end of 2017, Falken has been selling the secondary brand Sumitomo Tyres. The current product portfolio consists of the passenger car and SUV summer tyre BC100 and the SL727, a summer tyre especially developed for vans and light trucks. The WT200 is available for use in wintry conditions, which was as well designed for the passenger car and SUV segment. The three models were presented at The Tire Cologne for the first time.

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Goodyear tyres for Jaguar E-PACE

Goodyear will equip the new compact SUV with the Eagle F1 Asymmetric 3 SUV and the Eagle F1 Asymmetric SUV All-Terrain as standard fitting.

Goodyear has announced that the new Jaguar E-PACE of the British car manufacturer will be equipped with tyres of the brand Goodyear. The compact SUV will get the Eagle F1 Asymmetric 3 SUV and the Eagle F1 Asymmetric SUV All-Terrain as standard fitting. Both tyres are marked with “JRL” in order to indicate Jaguar Land Rover’s approval as original equipment.

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Michelin: Marvellous time at Nürburgring

The racing driver Timo Bernhard steering a Porsche 919 Hybrid Evo went around the racing track in the incredible time of 5:19.546 minute at Nürburgring in the Eifel region on 29th June 2018. (Photo: Porsche)

Timo Bernhard, the German racing driver, has gone around the Nordschleife at Nürburgring in the incredible time of 5:19.546 minutes steering a Porsche 919 Hybrid Evo. The high-performance racing car was equipped with tyres especially developed by Michelin and was able to do without any mechanical or electronic stability control systems.

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