Cooper Tire & Rubber Co. Cooper Tire & Rubber Co. said it will pursue a $112.5 million "reverse termination fee" after ending its attempt to acquire Apollo Tyres. The $2.5 billion acquisition deal had been in doubt for months after ...
Tags: Cooper, reverse termination fee, Apollo Tyres, acquisition
The Independent Tire Dealers Group (ITDG) announced the promotion of Edward Long to Executive Vice President of Sales & Marketing. "Since joining the group in April 2003 Ed has done a terrific job of growing our membership and continually ...
Tags: Auto Parts, tire, tyre
It is not surprising that tire industry analysts are re-evaluating the stock of Cooper Tire & Rubber Co. following the termination of its "merger agreement" with Apollo Tyres Ltd. on Dec. 30, 2013. Nick Mitchell, senior vice president for ...
Tags: tire, tyre, Auto Parts
The Advantage ID Commercial Tire Products Division of Symbology Inc. announced that there are three new types of tire labels have been added to the standard product line from Advantage ID. The company now offers a smaller three-part ...
Tags: Auto Parts, Accessories, Tire, Tyre
As part of a working visit to Armenia Rosneft President Igor Sechin met with the President of the Republic of Armenia, Serzh Sargsyan. A number of documents, pointed at extending cooperation with the republic, were signed in presence of the ...
Hankook Tire America Corp. has released its 2013 Winter Gauge Index that reveals 41% of all Americans polled and more than half of Northeasterners and Midwesterners expect more snow this winter, as compared to last year. However, while ...
Tags: tyre, tire, Auto Parts
Cooper Tire & Rubber Co. has terminated its merger agreement with Apollo Tyres Ltd. And Apollo is not happy about it. "Apollo is disappointed that Cooper has prematurely attempted to terminate our merger agreement," says the company. ...
Tags: tyre, tire, Auto Parts
Cooper Tire & Rubber Co. announced it has terminated the merger agreement with Apollo Tyres Ltd. "It is time to move our business forward," says Cooper CEO and Chairman Roy Armes. "While the strategic rationale for a business ...
Tags: Auto Parts, Accessories, tire, tyre
Cooper Tire & Rubber Co. said it will pursue damages against Apollo Tyres Ltd. in a webcast following the announcement of its decision to terminate the merger agreement. The company answered questions previously submitted by investors, ...
Tags: Auto Parts, tyre, tire
Uh-oh. Consumer tire imports from China will reach a record 51 million units this year, the first full year without the infamous 35%-30%-25% tariff. Remember when the United Steelworkers complained that Chinese imports to the U.S. were ...
Tags: tire imports, Auto Tires
Toyo's booth concept for this year's event will be "Performance Showcase." The booth will exhibit sleek vehicles such as the Jaguar XJ and Toyota Vellfire equipped Toyo tires. Toyo Tire Japan Co. Ltd. and Yokohama Rubber Co. Ltd. will man ...
Tags: Auto Parts, tire, tyre
Airless tires have been on the scene for several years now. We are now seeing the beginning of commercial applications for airless tires, and there’s no telling where it could lead. Could they lead to tires and wheels that fold up ...
Tags: Airless tires, Auto tires
Bosch Evolution beam wiper blades are available in 16- to 26-inch sizes for heavy duty vehicles. Robert Bosch LLC has added a new wiper blade program for heavy duty vehicles and 50 part numbers to its remanufactured alternator line. ...
Tags: Auto Parts, tyre, tire, vehicles
The United States Department of Commerce (DOC) has ruled that duties leveled on OTR tires exported to the United States from China under a previous countervailing duty order will remain in place. As published recently in the Federal ...
Tags: Auto Parts, tyre, tire
Look around at the number industrial uses for U.S. soy. The engine manufacturers that support the use of biodiesel in their engines. Or the farm-equipment companies that use soy-based body panels. Or the car companies that use soy-based ...
Tags: Innovative Industrial, Soy