Category: Feature

Bridgestone acquiring German tyre distributor Reiff Reifen

The Bridgestone Corporation (Bridgestone) is acquiring German tyre retail, wholesale and retreading company Reiff Reifen & Autotechnik GMBH (Reiff) in a deal for UK-based Fintyre Group. FinTyre acquired Reiff in August 2017, however, according to insolvency administrators Jaffé Lawyers, the…

Giti Tire to keep US tyre plant idled until early May

Giti Tire (USA) Ltd. is extending the closure of its tyre plant in Richburg, South Carolina, until May 4 “to adjust for market conditions impacted by COVID-19.” The move will affect roughly 800 workers at the3-year-old passenger and light truck…