Navigation

Tires

Bridgestone Acquires Australian Provider of Mining Tire Solutions

on December 13, 2021 in Industry, Tires

Bridgestone Mining Solutions Australia Pty. Ltd., a group company of Bridgestone Corp. (TYO:5108), has acquired Otraco International Pty. Ltd., an Australian provider of off-road tire solutions for mining equipment. Valued at AU$79 million ($56.62 million), the acquisition from Downer EDI Ltd. was completed on Dec. 1 following regulatory approvals and the fulfillment of other such requirements. Otraco has skilled tire...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Pirelli Japan to Raise Prices on Aftermarket Tires Next February

on December 9, 2021 in Tires

Pirelli Japan KK announced plans on Dec. 7 to revise its shipping prices for domestic aftermarket tires starting Feb. 1 of next year. The change is set to apply to summer tires for passenger cars and SUVs, as well as to motorcycle tires and scooter tires from both the Pirelli and Metzeler brands. The average price hike across all product...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Bridgestone to Consolidate Chinese Operations for Truck and Bus Tires

on December 8, 2021 in Tires

Bridgestone Corp. (TYO:5108) has announced that it is set to consolidate its production bases for truck and bus radial tires in China. Under its 2021–2023 medium-term business plan, Bridgestone is striving to rebuild its earning power by pursuing global restructuring efforts over the medium–long term for all of its operations, including tires, diversified products and material manufacturing. This latest decision...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Yokohama Rubber Launches OE Tire for New Overseas Model of Toyota Land Cruiser

on December 7, 2021 in Tires

Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has begun supplying the Geolandar A/T G31 tire as OE for the new Toyota Land Cruiser, which launched this April in overseas markets such as the Middle East, Eastern Europe and Asia. Well regarded in some 170 countries and regions, the Land Cruiser has been adored for years as the pinnacle...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Companies Look to Expand SUV Tire Lineups as Sales Battle Begins for Studless Winter Tires

on November 25, 2021 in Industry, Tires

The competition over studless winter tire sales has gotten properly under way for another year. Even as they acknowledge the market’s unpredictability amid the continued pandemic, each tire manufacturer here is aiming to boost sales by expanding their SUV-related product lineups, as well as by making the most of the lessons they learned from pursuing sales in the midst of...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Toyo Tires Posts Improved Performance for Q3 on Back of Strong Tire Sales

on November 24, 2021 in Tires

Toyo Tire Corp. (TYO:5105) has released its business results for the third quarter of calendar 2021, showing 283.81 billion yen ($2.46 billion) in sales revenue, up 14.6 percent year-on-year, and 39.66 billion yen in operating income, up 79.9 percent. Going into detail on what has driven this change in operating income, Toyo Tires revealed that upward factors included 19.7 billion...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading