Four years after Goodyear Tire & Rubber Co. starting selling tires online direct to consumers in the U.S., the tiremaker is taking the platform to Europe.
Goodyear Tire & Rubber Co. plans to upgrade and automate two of its tire manufacturing facilities in Germany to increase production of premium tires 17 inches and larger. But the modernization of the plants comes at a cost for workers — about 1,100 jobs will be eliminated.
Hankook Tire Co. Ltd. has bought Reifen-Mueller KG, an independent German tire wholesaler and retailer.
PitStop, a chain of 318 tire and auto service stores in Germany, has joined Point S Germany. The merger gives Point S 870 retail locations throughout Germany.
Groupe Michelin has acquired Meyer Lissendorf GmbH, a major tire wholesaler in Germany, with the goal of improving its distribution network in the country.
In recognition of its dedication to innovation, the Bosch Group recently received the Best Innovator Award for 2010/2011 from A.T. Kearney and WirtschaftsWoche, a German weekly business magazine.
Hankook Tire Co. achieved outstanding results in recent tire tests conducted by two leading German automobile magazines: Auto Motor Und Sport and Gute Fahrt.
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