Continental Tyres Earnings Down-Raw materials costs eat into Conti’s earnings -The Tire Dealer’s No. 1 News Source

Continental Tyres Earnings Down

Continental Tyres Earnings Down

Continental Tyres Earnings Down

Conti have always been a well respected and forward thinking tyre manufacturer. In 1892 Continental became the first German company to manufacture bicycle tyres. As a result, that where solely manufactured from rubber. In 1901, one the very first models of Mercedes equipped with Continental Tyres  . Won the prestigious Nice – Salon – Nice motor race. Then, in 1904 Continental became the first company to release a tyre with tread cementing its legacy.

Continental tyres celebrated their 50th anniversary. They were to be the first German tyre company to add textiles to the tyre product with the addition of cord casing onto the market. Linen was the material that was used before this new method. This discovery was now to be replaced with a more workable cord fibre fabric. At the same time, they started to make large pneumatic tyres fit trucks.

Continental tyres celebrated their 50th anniversary. They were to be the first German tyre company to add textiles to the tyre product with the addition of cord casing onto the market. This discovery was to be replaced with a more workable cord fibre fabric. At the same time, they started to make large pneumatic tyres fit trucks.

Continental Tyres Earnings Down due to raw material costs

One of their latest innovations to take tyres into a greener future. Has been the introduction of “dandelions” into the compound mix. These dandelion plant saps are very similar to the molecular structure of rubber latex. Of course, these tyres are still on trial but things are looking very favourable.

Continental tyres then bought a large share of Czech tyre company Barum, another famous budget tyre brand, along with 50 tyre dealer outlets. They had amassed more than 2000 tyre retailers across 18 European countries and were now becoming contenders for the largest tyre company in the World, a feat that they later achieved.

Raw materials are eating away at some of Continentals profits. These increases are eventually going to affect all their tyre products. However I think that all the major tyre companies are suffering in the same way.

Source: Raw materials costs eat into Conti’s earnings – Tire Business – The Tire Dealer’s No. 1 News Source