Sources familiar with the plan say that Chinese auto parts maker Wanxiang Group) will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux. Wanxiang, which acquired the assets…
Key contract win for Driveline worth EUR 83 million
Kongsberg Automotive (KA) has received nomination from a major Global OEM for supply of the complete manual gear shifter system to a global platform. The shifter system will be used in B Segment cars which will be sold in Europe,…
ContiTech optimises production of cooling water hoses
ContiTech, one of the leading manufacturers in the area of cooling water hoses for industrial use, has optimized the production of its tried and tested cooling water hose. These are now manufactured in accordance with DBL 6254.12, DBL 6254.16, and DIN…
Marangoni Commercial upgrades its website
Marangoni Commercial Tyres is pleased to announce that the truck.marangoni.com website has been completely upgraded in terms of contents, so as to offer customers and users a platform of knowledge, updates and information on our many products and benefits of…
Kumho tyres expands Crugen HP91 range
Kumho reports that the addition of the Crugen HP91 swells its “already comprehensive” range. While there are numerous Kumho 4×4 tyres to choose from, the majority of requirements will be covered by the new on-road offering and the cross-functional road…
Fresh loans for Thai rubber products approved
The Thai cabinet has approved the Rubber Estate Organisation’s (REO) request for a loan of six billion baht from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to buy rubber products to shore up prices. The decision was unveiled yesterday…
Cooper Tyre & Rubber Company announced a quarterly dividend of 10.5 cents per share
Cooper Tyre & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable March 27, 2015, to stockholders of record at the close of business March 4, 2015. This will mark the 172nd consecutive…
Group says smuggling discourages foreign investment
Senior executive of the General Tyre and Rubber Company (GTR) said that the smuggling of tyres has discouraged foreign investment He said India was taking advantage of this situation by offering incentives to attract more investment from global tyre makers.…
Mercedes Benz recalls nearly 150, 000 cars
Mercedes-Benz is recalling more than 147,000 sedans and station wagons built over the past few years due to a problem with an engine compartment seal that could spark a fire. The recall mostly affects E350 sedans from the 2013 through…
DOT issues latest roster of tyre plant codes in US
The US Department of Transportation (DOT) issued 44 new tyre plant identity codes — necessary for selling road-going tyres in the US — during 2014, double the number issued in 2013. Thirty-two of the new codes are for plants in…