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Continental AG global operations Continental tires on a Mercedes-Benz SLS AMG. Continental was founded in 1871 as a rubber manufacturer, Continental-Caoutchouc und Gutta-Percha Compagnie. [10] In 1898, Continental began development and production of the vehicle tires with plain tread, which was a major success for the brand.
Apollo Tyres India: 1972 Apollo, [2] Apollo Tyres South Africa, [a] Bearway, [3] Kaizen, Maloya, Regal, Vredestein: Birla Tyres India: 1991 Birla Tyre [4] Belshina Belarus: 1965 Belshina [5] Bridgestone Japan: 1931
owned by Sumitomo in Asia (the result of the acquisition from Dunlop Rubber in 1985), with the exception of Malaysia, Singapore and Brunei, where the brand is owned by Continental AG; [8] owned by Sumitomo in Africa (the result of an acquisition in 2013 from Apollo Tyres of India, [9] which had acquired the brand rights from BTR in 1998); [10]
After-market continental kits are available for customization of 200 different automobile models. [5] Some after-market applications may not enhance the car's design. [33] Continental kits and trunk lid add-on spare tire trim were also made popular by the garish pimpmobile era of the 1970s and featured in "Super Fly" movies.
The automotive industry in Malaysia consists of 27 vehicle producers and over 640 component manufacturers. [1] The Malaysian automotive industry is the third largest in Southeast Asia, and the 23rd largest in the world, with an annual production output of over 500,000 vehicles.
In the U.S., the radial tyre now has a market share of 100%. [8] In addition to the private label and replacement tyre market, Michelin scored an early OEM tyre win in North America, when it received the contract for the 1970 Continental Mark III, the first American car with radial tyres fitted as standard. [12]
“For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."
In April 2022, the Competition Commission of India raided the headquarters of CEAT along with other tyre companies like Apollo Tyres, MRF (Madras Rubber Factory) and Continental Tyres at multiple locations. Earlier in February the antitrust watch dog had released a statement about fining these tyre companies a total of Rs 1788 crores (of which ...
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