Today's News

ContiTech sold to Lone Star affiliate for €4.0 billion

Continental announced the sale of its ContiTech group sector to an affiliate of Lone Star Funds for €4.0 billion. The transaction also includes performance-based components of up to €250 million in subsequent years. The sale of its industrial business is the final step in Continental’s realignment. Once completed, the DAX-listed company will become a pure-play tire manufacturer for the first time in its history. The transaction is subject to regulatory approval.

Giti Tire named the world’s fastest-growing tire brand for 2026

Tire manufacturer Giti Tire has been named the world’s fastest-growing tire brand for 2026, posting 38% growth and moving to the eighth position in global rankings, according to the latest industry report.
The recognition came from the Tyres 25 2026 report by Brand Finance, which identified Giti as the top-performing brand in terms of growth during the year.

Goodyear names Scott Deakin to serve as interim Chief Financial Officer

The Goodyear Tire & Rubber Company announced that executive vice president and Chief Financial Officer, Christina Zamarro will leave the company effective July 10. The company has named Scott Deakin to serve as interim Chief Financial Officer (CFO) effective July 1.

The Goodyear Blimp returns to New York City

A true veteran of the skies, Goodyear’s airships have a storied tradition of showing up during America’s biggest moments, so it’s no surprise viewers to see Wingfoot One soaring over the Big Apple. But, to get the best views of New York Harbor, the Goodyear Blimp will base its operations in Brooklyn, marking the first time in 50 years the airship will be not just in the clouds around New York City, but also on the ground.

Hankook supports WRC EKO Acropolis Rally Greece 2026 

ankook Tire & Technology (Hankook), the exclusive tire supplier to the 2026 FIA World Rally Championship (WRC), has successfully concluded Round 8 of the 2026 WRC, EKO Acropolis Rally Greece, held on June 28 (local time) in the Loutraki area of Greece.

Arkema successfully started up its 15% PVDF capacity expansion in North America

This capacity expansion in Calvert City, Kentucky, strengthens the Group’s leadership in PVDF. This investment of around 20 million US dollars will support the growing demand for energy storage systems and semiconductors, as well as data center rapid expansion.

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