Toyo Tires will on October 31 terminate production in Kentucky at Toyo Automotive Parts (TAP), a U.S. production subsidiary that manufactures anti-vibration rubber and constant velocity joint boots for automobiles. Dissolving TAP is intended to optimize management resources and strengthen the structure of the automotive parts business. TAP has been supplying anti-vibration rubber and other products to automakers in the...
Tires
Toyo Tires Revises 2023 Earnings Forecast, Eyes Record Results
Toyo Tires has upwardly revised its full-year forecasts for fiscal 2023. The company expects record-high sales, ordinary income, and net income. President Takashi Shimizu said that the company expects to achieve its operating income target of 60 billion yen ($409.9 million) for 2025 – the final year of its mid-term plan – two years ahead of schedule. According to the...
Toyo Tires Launches White Letter All-Terrain Tire for SUVs
Toyo Tires will starting in September to sequentially release for the Japanese market a white letter version of the Open Country A/T Ⅲ, a genuine all-terrain tire for SUVs. The Open Country, the main brand targeting SUVs, has been expanding its series lineup to meet diversifying user needs as the SUV market expands. In particular, products with white lettering, in...
Panaracer Launches Top-of-the-Line Model in Agilest Bicycle Tires
Bicycle tire manufacturer Panaracer will release a new premium flagship model of its Agilest Fast clincher tires on August 1. The new product is the top-of-the-line model of the Agilest series of road tires, which has been well received since its release in 2022. The Agilest Fast adopts the newly developed F-material, which is the newly designed puncture-resistant belt AF...
Pirelli Relaunches TireClub+ B2B E-Commerce Platform
Pirelli has relaunched its TireClub+ B2B e-commerce tire sales platform. The new version introduces many new features, including real-time monitoring of deliveries, more straightforward order management, access to data and statistics and the latest news from Pirelli. The latest version of TireClub+ makes ordering easier with new filters that simplify search results and allow users to check which tires are...
Michelin Equips French Postal Vehicles With Uptis Airless Tires
Michelin has partnered with La Poste and will equip vehicles of the French postal service with its new generation Uptis airless tires. The Uptis will be used to deliver letters and parcels in the Hauts-de-France region in northern France by the end of 2024. This is the first time that Aptis has been adopted in Europe after Asia. The Aptis...
