Parts and Accessories
Pirelli shares how it designs tires in the midst of a pandemic
When the coronavirus pandemic forced Italian tyremaker Pirelli to temporarily shut its factories in March, R&D chief Pierangelo Misani needed a rapid rethink. With a new range of products due to be launched by early next year at the latest, Misani scrambled technicians and IT teams to get more research and development shifted online so locked down engineers could test materials and tyres virtually. The pandemic has disrupted production and sales for tyremakers worldwide - Pirelli's r
Trump urges Goodyear tire boycott after report company bars political attire
U.S. President Donald Trump on Wednesday called for a boycott of Goodyear Tire & Rubber Co following a local news report in Kansas that the company has deemed political attire including that of the Trump campaign unacceptable for the workplace. "Don't buy GOODYEAR TIRES - They announced a BAN ON MAGA HATS," Trump wrote on Twitter, referring to his slogan "Make America Great Again." Shares in Goodyear, the largest tire company in North America, fell 4% following Trump'
U.N. says Chinese parts shortage caused $50 billion fall in February's global exports
China's exports of vital parts and components for products ranging from automobiles to cellphones are estimated to have shrunk by an annualized 2% in February, costing other countries and their industries $50 billion, a United Nations agency said on Wednesday. The world's second-largest economy - and epicenter of the coronavirus outbreak that has spread to 75 nations - accounts for a fifth of global trade in intermediate products. "There is a ripple effect throughout the global economy to the
Toyota says coronavirus may break supply chain to its Japan factories
Toyota Motor Corp on Wednesday said that operations at its plants in Japan may be affected by supply chain issues linked to the new coronavirus outbreak in the coming weeks, as the global outbreak gathers pace. The automaker, which operates 16 vehicle and components sites in Japan, said that it would decide on how to continue operations at its domestic plants from the week of March 9, after keeping output normal through the week of March 2. Plants may be affected by potential supply d