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Conti opens new R&D center

Continental A.G. has opened a research and development center for tires at its Hefei tire plant and has broken ground in Jiangsu Province on a test center for the automotive division, with operations due to start in about one year’s…

The Goodyear Assurance TripleMax released

The Goodyear Assurance TripleMax tire reduces braking distances by more than 2 meters on wet roads*, delivering Maximum Wet Grip, Maximum Control and Maximum Braking Ability. Ducks aren’t concerned about the rain, and now drivers don’t need to be either.…

Silicone Coatings market forecasts to 2020

According to new report published by Grand View Research, the global silicone coatings market is anticipated to witness increased demand in marine applications owing to properties including low chemical reactivity, thermal stability, low thermal conductivity, strength, stability, low flammability and…

O’Reilly Automotive: Q1 FY15 Earnings Review

Summary Recent results were impressive. Major tailwinds remain intact. New store growth continues. I turn bullish on the stock. Earnings Review Recently, O’Reilly Automotive released Q1 FY15 operating results. Overall results were impressive to say the least, as the company exceeded…

Osram to focus on automotives

Germany’s Osram (OSRn.DE) plans to transfer its 2 billion euro (US$2.5 billion) general lamps business into an independent legal structure, paving the way for a possible spin-off or sale and allowing it to focus on automotive lighting and components. The…

Tanzania to inject US$20m to revive General Tyre

The state is preparing to pump in over US$20 million to breathe life into the defunct General Tyre East Africa, whose production lines stalled in 2009 due to, among other factors, importation of cheap tyres. Industry and Trade Minister Dr…