– Key element in ongoing decentralization strategy of ContiTech – Largest investment in the history of the Compounding Technology business unit – Engineering Next Level: compounds are a key starting point for technological innovations Changshu, July 2015. With the start…
Category: Industry News
Tyrexpo India 2015 Provides Access and Insights into the Growing Tyre Market in India
India’s tyre industry will see a significant boost in domestic demand for tyres in the next five years, according to Tech Sci Research on India Tyre Market Forecast and Opportunities, 2019. The tremendous growth momentum is largely fuelled by the…
Coated Fabrics (Polymer, Rubber, and Fabric Backed Wall Coverings) Market 2015 – Global Trends & Forecasts to 2020 for the $23 Billion Industry
Research and Markets(http://www.researchandmarkets.com/research/mrdvh8/coated_fabrics) has announced the addition of the “Coated Fabrics Market by Product (Polymer, Rubber, and Fabric Backed Wall Coverings) and Application (Transportation, Protective Clothing, Industrial, Furniture & Seating, and Roofing, Awnings, & Canopies) – Global Trends & Forecasts to…
325 new jobs as Yanfeng, automotive supplier, expands
Another automotive expansion in Chattanooga brings the addition of 325 new jobs to town. Yanfeng Automotive Interiors will invest $55 million to establish new automotive manufacturing operations in Chattanooga to support Volkswagen. This marks the company’s fourth U.S. facility. Yanfeng…
Strong truck, SUV demand helped Ford, GM raise prices in June
Strong demand for sport utility vehicles and trucks in June helped General Motors Co (GM.N) and Ford Motor Co (F.N) offset slowing demand for sedans by allowing them to raise prices on their trucks. GM and Ford said on Wednesday…
Renault launches Talisman, replacing laggard Laguna
French carmaker Renault (RENA.PA) on Monday launched its new Talisman model, replacing the Laguna at the top of its private passenger vehicle range in the hope it will do better against the German competition. Aimed at a sector long dominated…
More than 10 million illegal tyres on British roads
More than a quarter of drivers had an illegal tyre on their vehicle at the time they were replaced, according to results from a survey conducted by TyreSafe in partnership with Highways England. This could suggest that nearly 10 million…
In 2015 U.S. auto sales to be highest since 2005: Toyota
Toyota Motor Corp expects the U.S. auto industry to sell more cars this year than in any year since at least 2005, Toyota U.S. sales executive Bill Fay said on Wednesday. In 2005, sales were 16.94 million vehicles. Fay said…
U.S. regulator says Fiat Chrysler misled agency on Takata recalls
Fiat Chrysler Automobiles NV misled U.S. auto safety regulators about recall notifications to the owners of vehicles equipped with defective Takata Corp air bags, a U.S. safety recall analysts said on Thursday. “Fiat Chrysler failed to notify owners within the…
Edo loses $180 million annually for not investing in rubber plantation – says rubber investor
Paul Ogbebor, an investor in rubber production industry has said that Edo State government loses about $180 million annually for not investing in rubber plantations, which he believes the state has a comparative advantage. Ogbebor remarked that the State was…