In 2012, a total of 125,825 new commercial vehicles were registered in the EU*, down by 12.4%compared with 2011. The UK (-5.7%) and Germany (-7.0%) declined a bit. The French market shrank by 10.3%. The Spanish (-25.9%) and Italian (-31.7%) faced a more severe downturn. In the month of December, new commercial vehicle registrations continued
Continental Tire the Americas, LLC (CTA) is to invest $129 million in its Mt. Vernon, Illinois tire facility. The move will create more than 100 new full-time jobs over the next three years. The biggest spend is on a $95 million expansion of the Commercial Vehicle Tire (CVT) production area. This will enable the Mt
“Ceat Ltd” says has updated its plans to build a tire factory in Bangladesh. The business will now be a joint venture with a local company. The factory will make cross-ply (bias-ply) tyres for trucks, light trucks and 2- and 3-wheel vehicles. Most of the output will be used in Bangladesh. About 20 percent will
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