Business News

Continental acquires Hoosier Racing Tire Corporation

The Logo of Hoosier Racing Tire Corporation.

Continental is taking over Hoosier Racing Tire Corp. The company based in Lakeville/Indiana in the USA produces special tyres for racing application. “This take-over is an impressive example of the consistent implementation of our long-term growth strategy Vision 2025 with focus on strategic planning and consistent implementation of technological innovations. The take-over of Hoosier Racing Tire is a promising addition to our product portfolio and will support our growth strategy, above all in the ultra high performance segment“, said Nikolai Setzer, member of the Board of Directors at Continental AG and Head of the Tyre Division.


General Tire launches two new off-roaders

The General Tire Grabber AT3 stops at nothing, neither mud, nor stones or puddles.

In the framework of an international product event, General Tire presented two new all-terrain tyres for on- and off-road use in Valencia/Spain: the Grabber X3 and the Grabber AT3. The Grabber AT3 will be available in trade in IV/2016 and I/2017 and the Grabber X3 in I/2017 and II/2017. The Grabber X3 is planned in 19 sizes for rims from 15 to 19 inches, the Grabber AT3 in 64 sizes for rims from 15 to 20 inches.


UNIWHEELS will increase market share in Europe by 5 per cent

The German manufacturer of light metal wheels, UNIWHEELS, which is listed on the Warsaw Stock Exchange, presented its Strategy 2022.

The German manufacturer of light metal wheels, UNIWHEELS, which is listed on the Warsaw Stock Exchange, presented its Strategy 2022. ATS, RIAL, ALUTEC and ANZIO are well-known group brands. At the moment, the group disposes of four production plants, of which three are based in Poland (Stalowa Wola) and one in Germany (Werdohl).  UNIWHEELS supplies the international automotive industry (Automotive Segment), the replacement market (Accessory Segment) and international motorsports as manufacturer of light metal wheels.


Hamaton opens subsidiary in America

Now Hamaton will also be present with a new subsidiary in America.

After Hamaton founded a subsidiary in Europe last year, the manufacturer of TPMS and valves is opening a further one in America. It is planned that Hamaton Incorporated is going to open in November this year. According to company information, the opening of Hamaton Inc. is aiming at meeting the increased demand for TPMS products in the United States.


ADAC Winter Tyre test 2016: Bad ratings for all-season tyres

ADAC also tested seven all-season treads in this year’s Winter Tyre Test – apparently there are enormous differences in performance compared with pure winter tyres.

All-season tyres are a highly discussed topic in the industry – each relevant manufacturer reacted to the demand in the market and added a tread to the portfolio in the meantime. In the framework of its Winter Tyre Test units, ADAC also tested seven all-season products. The result is devastating. Concerning the seasonal experts, the Goodyear UltraGrip9 stands out in the small and compact class.


Westlake Customer Forum: Options for fleet optimization

The photo proves: The mood in the Pneuhage/Zhongce team is excellent.

In August an exclusive customer circle of Pneuhage Reifendienste exchanged experiences concerning different topics of fleet optimization in Leipzig. About 50 representatives of renowned transport companies listened to the explanations of responsible people of Kloepfel Consulting GmbH and the trailer manufacturer Schmitz Cargobull in the framework of an event at the Porsche plant.


Magna Tyres Group opens Office for Middle East & Africa

The Magna Tyres Group has opened an office for the Middle East & Africa based in Ras Al Khaimah/United Arab Emirates.

Die Magna Tyres Group has announced the opening of its office for the Middle East & Africa, which is based in Ras Al Khaimah. After appointing Vijay Nambiar as General Manager of the new office, the responsible people announced this as next step of the worldwide expansion. “We are very proud that Vijay made use of this opportunity to open the new office. He will play a key role for strengthening the image of Magna Tyres in this region and for intensifying our commitment to this region", said Michael de Ruijter, CEO of the Magna Tyres Group.


Bridgestone launches Winter version of the DriveGuard

New in the Bridgestone portfolio: the DriveGuard as winter version.

Bridgestone will launch its "DriveGuard” tyres in a winter version. According to company information, the technology will enable an onward journey for 80 km at a speed of up to 80 km/h in case of a breakdown. The DriveGuard Winter will complement the current range of tyres consisting of the Blizzak LM001, the Blizzak LM-80 EVO and the DM-V2 for SUVs. The Bridgestone DriveGuard Winter - as well as the summer version - is characterized by reinforced sidewalls and so-called Cooling Fins.


Wdk: Tyre manufacturers will have to cope with decrease in turnover of 6.2 per cent

After the first six months of the year 2016, the German rubber industry noticed a decrease in turnover of 2.2 per cent. According to wdk (Organisation of German Manufacturers of Tyres and Technical Elastomers Products), the tyre manufacturers’ turnover fell by 6.2 per cent. In spite of higher sales figures for TEE (Technische Elastomer Erzeugnisse – Technical Elastomers Products) production decreased in German tyre plants and in TEE locations. While manufacturers of TEE were able to look back at a slightly positive business development in the first half of 2016, there was a decrease in turnover for tyre manufacturers in the same period. This was not only caused by low sales prices resulting from falling raw material costs.


ZC Rubber: Westlake is to conquer Europe

Chairman Shen Jin Rong talked about the aims in Europe.

Pneuhage Group attracted ZC Rubber as a rather capable trading partner in order to operate in European markets. During a meeting with editors of AutoRäderReifen-Gummibereifung, its President Shen Jin Rong emphasized the quality standards of the brand Westlake in the commercial vehicle segment. The Chinese tyre giant ZC Rubber has heavily been investing in the development of the new Westlake truck tyre series.