Nitto Japan Co. Ltd., a subsidiary of Toyo Tire & Rubber Co. Ltd. (TYO:5105) selling Nitto brand tires in Japan, will in February launch sales of the NT555G2 ultra high performance (UHP) tire for high-end cars and the NT421Q fuel-efficient SUV tire. The NT555G2 has inherited the stability and excellent dry-grip performance from its predecessor and has, while being a...
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Sumitomo Riko Co. Ltd. (TYO:5191) is establishing a new sales head office in Germany, as the company drives forward with its efforts to grow sales overseas. Set to be launched on Feb. 2, the new office will serve as the company’s second global automotive sales headquarters. With this move, Sumitomo Riko’s original sales head office will serve as the first...
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Toyoda Gosei Co. Ltd. (TYO:7282) operates four plants in Mexico and is in the process of shifting production from plants in Canada and the U.S. to Mexico as part of the North American Free Trade Agreement (NAFTA) framework, particularly in relation to weatherstrip products. The company is moving forward with investments in a Mexico subsidiary to increase the production capacity...
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Sumitomo Riko Co. Ltd. (TYO:5191) will need to boost production in the U.S. if renegotiation of the North American Free Trade Agreement (NAFTA) following President Trump’s inauguration results in high tariffs, said Chairman and CEO Yoshiaki Nishimura. Speaking at a recent media gathering, Nishimura stated that the company will monitor developments involving NAFTA, tailoring investment and employment plans accordingly and...
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Bridgestone Corp. (TYO:5108) said it is entering a joint-research project with Yokohama National University and the Japan Transportation Planning Association aimed at improving curb docking. By making it possible for bus tires to more closely approach curbs, the gaps between boarding entrances and bus stops can be minimized. A concept for a next-generation curb docking system and road edge design...
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Sumitomo Rubber Industries Ltd. (TYO:5110) supports the Red Bull Air Race Chiba 2017 as an official sponsor through its Falken brand for the third year in a row. The race is the third of eight races being held as part of Red Bull Air Race World Championship 2017, and will be held in Japan for the third straight year. In...
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