Business News

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.


Continental: New headquarters to be built at Pferdeturm

The old Continental headquarter is located in the former facility in Hanover Vahrenwald.

Continental supports the idea of locating its new headquarters at the Pferdeturm in Hanover. The company started official detailed negotiations with the city of Hanover, which meant a possible acquisition of two areas in the north and south of Hans-Böckler-Allee. The two premises have together a total size of about 37,600 square metres. In case of a location in this area they are supposed to be linked.


Vredestein: Connecting to Fintyre’s distribution network

Vredestein expands its activities in Italy.

The tyre brand Vredestein will connect to Fintyre’s distribution network in Italy. According to responsible people, Vredestein will benefit from this partnership because of a broader dealer network in Italy and an exclusive distribution channel. Moreover, the soft franchising concept “Centro Sicurezza Vredestein“ is said to profit from higher availability of parts thanks to several purchasing sources.


Pirelli: Tyre supplier of Formula One until 2019

Pirelli will remain exclusive tyre supplier of FIA Formula One World Championship until 2019.

For further three years, Pirelli will remain exclusive tyre supplier of FIA Formula One World Championship. The Italian tyre manufacturer and FIA prolonged their current contract for the period from 2017 to 2019. The deal was negotiated in winter – FIA and Pirelli agreed on some changes in the technical rules in cooperation with the teams. As of 2017 broader tyres will be used. Pirelli received special testing days from the international association FIA. Several new rules will come into force in 2017.


Joint Venture between Pneuhage and Bridgestone

Peter Schütterle is owner of the Pneuhage Group.

Pneuhage Management GmbH & Co. KG and Bridgestone Deutschland GmbH intend starting a joint venture. Bridgestone would like to focus on First Stop Deutschland and its subsidiaries including all the branches, the retreading companies and the First Stop partner network. The current company names First Stop and Reifen Seher and their brand presentations are to be kept.


The Tire Cologne: Key players agree to come

Peter Hülzer, executive president BRV.

The tyre trade fair REIFEN experienced its final issue in Essen this year. "THE TIRE COLOGNE", which was invented by Koelnmesse and BRV, positioned itself as new industry trade fair. When looking at the communicated registration figures the first edition seems to turn into a superlative industry event in 2018. According to responsible trade fair people, all the key players were already on board for 2018. After important key players of the industry had already expressed their support for the event in the framework of the campaign “We are taking part” in May, the list of participants seemed to have grown considerably nearly a year later.


REIFEN is history in Essen

For the last time, the tyre trade fair took place in Essen and apart from all the business sense there was of course a lot of melancholy left behind. During the last decades, Messe Essen and the German Tyre Retailer and Vulcanization Trade Association (Bundesverband Reifenhandel und Vulkaniseur-Handwerk e.V. - BRV) as conceptual supporter wrote a success story. We express our deepest gratitude for this.


Yokohama helps “experiencing” tyre novelties

ADVAN Sport V105 tyres were mounted on the Mercedes Benz C-Class.

Yokohama invited several customers and press representatives to the Nürburgring in order to make them take part in a one-day summer driving event. The presentation focused on the new products ADVAN FLEVA V701, Geolandar A/T G015 and ADVAN A052, which had already been launched at the Geneva Motor Show and had continuously been introduced in several sizes in the market.


New Uniwheels plant starts operating

The new Uniwheels plant in Poland has already started operating.

The new Uniwheels Plant 4 started prematurely operating in the Polish Stalowa Wola. After finishing a testing operation in May, regular moulding operations started at the beginning of June. Originally, production start was planned for August. Currently, 250 employees produce wheels via low pressure casting on the first moulding machines in the new plant, which are then finished in a nearly fully automated process. The company plans a wheel production of 500,000 units until the end of the year.