Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it will be raising prices on its aftermarket tires in the Japanese domestic market. The change will apply to all shipments from Aug. 1 onward. This move comes as factors such as a personnel shortage cause distribution-related costs to surge, with expectations that this trend will continue going forward. The decision marks...
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Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that U.S. sales subsidiary Sumitomo Rubber North America Inc. has begun supplying Falken-brand tires for the new Jeep Gladiator pickup truck sold by FCA US LLC. The supply agreement includes Wildpeak A/T AT3W tires as OE, with Wildpeak M/T MT01 also being provided as an option. The Wildpeak A/T AT3W tires selected as...
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French-based Michelin Group and U.S.-based General Motors Co. (GM) have jointly developed the Michelin Uptis Prototype, a new prototype airless tire. The two companies intend to continue their research on this going forward, with the aim of outfitting the tires on GM passenger cars by as early as 2024. These developments come as airless tires garner increasing attention as a...
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Bridgestone Corp. (TYO:5108) has started supplying its Turanza T005A line of tires as OE for Mazda Motor Corp.’s (TYO:7261) new Mazda 3. Designed with a focus on people, the new-model Mazda 3 is said to bring radical improvements to basic vehicle performance. Mazda is touting this as including significant refinements in terms of how smooth the car feels to operate,...
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Bridgestone Corp. (TYO:5108) is set to increase its prices on aftermarket tires shipped within Japan starting Aug. 1. With distribution-related costs surging amid factors such as a labor shortage, and the expectation that this trend will continue going forward, Bridgestone has decided on the strategy of increasing its own prices in response. This marks the company’s first price increase since...
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Toyo Tire Corp. (TYO:5105) is planning an Aug. 1 Japanese launch for its Celsius line of all-weather, all-season SUV tires. The tire is set to be sold in a total of six sizes. Coming up now for a domestic launch, the Celsius has been rolled out to North America and Europe starting in 2015. Toyo Tires is touting the product...
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