Continental Tires North America is set to acquire a larger market share in Latin America with the reported acquisition of Compania Ecuatoriana del Caucho S.A.(ERCO). What makes Continental in a better position with this deal is that ERCO has a strong distribution network in Ecuador and the Andean region.

“Our plan is to have ERCO manage the six countries of the Andean region so that we can expand our business in these critical growth markets which, together, have a larger population size than that of Mexico, but with faster growth.”

Over the last two years, Continental Tire has significantly increased its market share in Latin America by a focused growth strategy. The opening of a Sales office in Argentina in summer 2008 accelerated the growth even further. Continental Tire manages its Latin American operations with the exception of Mexico and the Andean Region out of its significant operations in Sao Paulo, Brazil.

(Source) Press

Tags: acquisition, american operations, andean region, argentina, caucho, continental tire, continental tires, distribution network, ecuador, erco, growth markets, growth strategy, latin america, market share, Mexico, north america, population size, sao paulo brazil

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When you combine space with speed, chances are you maybe thinking twice on what type of vehicle can perhaps fit into this category. But for Eva Toftum, this concept which combines the mass transit attributes of a bus with the mobility of a taxi is possible with this new Taxi Tokyo concept.

The Taxi Tokyo concept marries cab and bus in a way to maximize motive power. The base taxi can run about town, shuttling passengers like a traditional car, but when the situation presents itself, it can hook up to an awaiting bus frame with many more passengers and move them toward their programmed destinations.

This concept is based on theories by Ford Motors, David Sperling and others, considering the future city and how the society has to deal with the great amount of new vehicles that put on the street everyday. Motorization is soaring everywhere, with the fastest growth occurring in Asia and Latin America.

The number of motor vehicles other than two-wheelers in the world is expected to double in the next 15 years to 1.3 billion. One solution to the problem will be to revolutionize public transport and design for disassembly.

Taxies, as we know them today, have no specific form or emotional design that shows its different purpose than a private car. Nevertheless the taxi works as a transport which is public, yet it creates a “private” public space.

(Source) Yanko

Tags: eva, ford motors, latin america, motive power, motorization, new vehicles, private car, public space, public transport, Taxi, taxies, Tokyo, traditional car

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