After the approval of the Turkish antitrust authorities last week Continental AG has acquired 89.66 percent of the shares in Oltas SPA headquartered in Istanbul, Turkey.

Continental AG reports it has agreed to acquire 89.66 per cent of Turkey based tyre distributor Oltas Spa.

Michelin North America has introduced the Uniroyal Laredo AWT II, designed for on- and off-road applications.

The partnership established in 2000 between Continental Tyre Group and Uniroyal Truck Tyres UK, granting exclusive rights to distribute Uniroyal brand truck tyres throughout the UK & Ireland, has been extended for a further five years.

Fast-rising raw material, energy and transportation costs have pushed Michelin to announce price hikes in North America and Japan.

Michelin North American has introduced the Uniroyal Tiger Paw AWP II, which will come with a 70,000-mile limited treadwear warranty.

Michelin North America has taken its North American media planning and buying business and consolidated at a single agency.

Michelin North America is launching four new sizes of the Uniroyal Laredo Cross Country tire for light trucks and SUVs.