Industry

Yokohama Rubber Receives Supplier Award from Subaru in US

Yokohama Tire Corp. (YTC), a U.S. sales subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), recently announced that it has received an Excellent Performance Award from Subaru Corp. (TYO:7270) U.S. subsidiary Subaru of Indiana Automotive Inc. (SIA). The award was granted to YTC for its supply of the Avid S34P tire, which the company provides as OE for the Subaru Impreza....

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Toyo Tires Becomes Fourth Major Japanese Tire Company to Raise Prices in Response to Distribution Costs

Toyo Tire Corp. (TYO:5105) has announced that it will be raising prices on domestic aftermarket tire shipments from Aug. 1 onward. This comes as factors such as a labor shortage prompt a surge in distribution costs for the sector – a trend that looks set to continue going forward. The company has outlined a price hike of 3 percent to...

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Michelin, GM Work Together to Develop Prototype Airless Tire

Michelin Group and General Motors Co. (GM) recently announced that they have developed the Michelin Uptis Prototype, a new generation of airless wheel technology for passenger cars. The companies presented this prototype at the Movin’On Summit for 2019, a recent event aimed at achieving more sustainable mobility on a global level. Michelin and GM are continuing to conduct joint R&D...

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Bridgestone Receives 2018 Supplier of the Year Award from GM

Bridgestone Corp. (TYO:5108), including subsidiary Bridgestone Americas Inc., was recently selected by General Motors Co. (GM) for the automaker’s 27th annual Supplier of the Year awards. This marks the fourth consecutive year that Bridgestone has received the award, and the 17th time overall. At the official award ceremony held on May 16 in Detroit, Michigan, the award was presented to...

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Bridgestone Installs Accessible Curbs at Bus Station in Okayama

Bridgestone Corp. (TYO:5108) has teamed up with Yokohama National University, the Japan Transportation Planning Association (JTPA) and Advance KK to install accessible curbs at the Korakuen bus station in Okayama, Okayama Prefecture. Making use of features such as a specially shaped side, these accessible curbs for bus stations facilitate smaller gaps between the curb and a bus’s entrance and exit....

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Japanese Production of Transmission Belts Falls Year-on-Year Amid Shifts in Automotive Sector

Japan’s domestic production of transmission belts fell 2 percent year-on-year in 2018 to end at 11,701 tons, according to statistics from the Japan Belting Manufacturers Association. General-purpose industrial products performed well for the year, with demand increasing for use in the likes of semiconductor production equipment, injection molding machines, machine tools and industrial robots. This was offset, however, by a...

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