The Michelin Region Europe North (EUN) will open its office in Frankfurt in May 2019. The Michelin Frankfurt Office will be located in THE SQUAIRE right on top of the long-distance train station at the airport Frankfurt/Main. Finally, there will be room for more than 300 work places on a total of 6,200 square metres.
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The Dutch Pon Holding has announced that Reifen Gundlach and its affiliated companies will change its proprietor at the end of the year, and, in the future, it will act as an independent group in the market. The business area Pon Tyre Group had already been restructured and strategically reoriented since last year. As a consequence, the Gundlach Automotive Corporation (GAC) was created, which consists of a total of seven companies from six countries, among others Reifen Gundlach, Euro-Tyre NL, PTG Automotive Solutions & Services, RG Automotive Solutions, and Goodwheel.
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The Portuguese specialized journal “automotive magazine“ has honoured The Tire Cologne (TTC) with the “Best International Exhibition“ award. The specialized exhibition for the tyre, wheel and workshop industry celebrated its premiere in May 2018. Ingo Riedeberger, Director at TTC, represented the whole TTC team of Koelnmesse, and received the award in a ceremony in Lisbon at the end of November.
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Hankook Tire has announced the financial results for the third quarter of 2018. The company achieved a global turnover of 1,760 billion KRW (about 1.35 billion euros) and an operative result of 184.6 billion KRW (about 141.5 million euros) during the period under review. The operative result decreased by 15 per cent compared to the previous year.
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Balkrishna Industries Limited (BKT) has announced a 100-million-dollar construction project for a new production location in the USA. The production plant will be the first production location of the multi-national group outside India. At the moment, BKT is generating more than half of its total turnover in Europe.
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Kumho Tyre has extended the sponsoring contract with Tottenham Hotspur, which has existed since 2016, for further three years. Thus, it will remain the “Official Tyre Partner” of the team, which is currently in the fourth position of the English Premier League, until the season 2020/2021. The contract was signed in the presence of several representatives of both sides at the London training ground “Hotspur Way“.
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Recently, the final decision-making process of the EU Commission concerning anti-dumping and anti-subsidies procedures initiated against the import of Chinese truck tyres has taken place. On 22nd October 2018, the EU Commission officially announced its final decision referring to the anti-dumping investigation with the Implementing Regulation (EU) 2018/1579.
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Vehicle manufacturers have increasingly equipped their vehicles with bigger and wider tyres. Concerning summer tyres, driving dynamics are stressed, but what about the consequences of wider winter tyres? ADAC was interested in this question and for the first time, it tested five tyre widths of the Dunlop Winter Sport 5 for the VW Golf.
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As of now, the Japanese tyre manufacturer Yokohama will pay increased attention to sustainability when purchasing natural rubber and has passed corresponding guidelines. A positive impact is to be expected across the whole supplier chain.
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From 1st to 9th December 2018 (preview day: 30th November) the Essen Motor Show will bring sports car enthusiasts, motorsport racers, and classic car fans together. The horsepower festival will take place for the 51th time. There will be Continental, Hankook, Mercedes FanWorld, Porsche Motorsport, Renault Motorsport, Skoda, and Toyo Tires as well known exhibitors.
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