Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • BEST PLACES TO WORK
  • News
    • HUMANITARIAN
    • TIRE MAKERS
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • MERGERS & ACQUISITIONS
    • OBITUARIES
    • OPINION
    • MID YEAR REPORT
    • SERVICE ZONE
  • ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
October 17, 2001 02:00 AM

Conti plans one-week production halt in North America

David Zielasko, Tire Business staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    HANOVER, Germany (Oct. 17, 2001)—Continental Tire North America plans to halt tire production for up to one week during November in response to what its parent company, Continental A.G., called a ikely “nosedive” in North American car and light truck production during the fourth quarter.

    The move, which could affect one or more plants, will cut the U.S. tire maker's original equipment tire output by nearly 15 percent or roughly 500,000 tires, Conti said. “We're still determining how many plants will be involved and how many days, up to a week,” a spokeswoman for Conti in the U.S. said.

    “The attacks in New York and Washington have had an unsettling effect on vehicle buyers in the U.S.,” Conti said. The company said it expects retail sales to consumers will stabilize after having slumped in the days immediately following the Sept. 11 events in the U.S.

    Continental Teves North America, Conti's brake and chassis systems business based in Auburn Hills, Mich., also is reducing costs as a result of the expected slow down in U.S. vehicle production, Conti said. The systems unit anticipates a 20-percent reduction in production in its OE business and has taken aggressive cost-cutting steps, which have included a realignment of the hourly workforce and time off without pay.

    Conti said the production slowdowns may continue into the first quarter of 2002. After that, start-ups of new vehicles by American manufacturers using Conti's electronic brake and chassis systems are expected to compensate for the anticipated fourth–quarter reductions.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Yokohama Advan Apex to outfit 2023 Toyota GR Corolla
    2
    Point S launches aggressive growth plan
    3
    Goodyear to trim jobs amid 'uncertain' economic outlook
    4
    Milestar to be official UTV tire of King of Hammers
    5
    Buying group ITDG hires Jason Rook as top executive
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • Instagram
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • BEST PLACES TO WORK
    • News
      • HUMANITARIAN
      • TIRE MAKERS
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • MERGERS & ACQUISITIONS
      • OBITUARIES
      • OPINION
      • MID YEAR REPORT
      • SERVICE ZONE
    • ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION