Japan’s four major tire manufacturers have now all posted their financial results for January–June 2022. The four companies – Bridgestone, Yokohama Rubber, Sumitomo Rubber, and Toyo Tires – each achieved double-digit increases to their sales revenue when compared to the first half of the previous year, on top of which the first two of these companies managed a year-on-year increase...
Toyo Tire’s new Serbian plant has started operation on July 27 and made its first shipment of 500 light truck tires (LTR) to the U.S. on August 9. President Takashi Shimizu said he intends to produce around 400,000 units by the end of this year, giving priority to the U.S., where there are many back orders. The plant has an...
Kumho Tire Japan will raise wholesale tire prices in all categories. The price increase will be implemented from September 1 for winter tires and from October 1 for summer and all-season tires with an average increase of 5 percent, depending on the product and size. The company said that in addition to soaring raw material prices, production and transportation costs...
Yokohama Rubber has started supplying its Alliance Agri Star II tires as OE for the YT3R tractor series from Yanmar Agribusiness. Supply began this June, with the tires set for use in the YT330R, YT333R, YT338R and YT345R models specifically. The deal will see four tire sizes fitted to these tractors: 280/70R16 112D, 280/70R18 114D, 380/70R24 125D and 380/80R28 127D....
Goodyear will participate in the development of tires for lunar rover vehicles in collaboration with U.S.-based company Rocky Road Martin. The tire maker has supplied key products to NASA’s Apollo Program, symbolized by Apollo 11, the first successful human landing on the moon 53 years ago. The new joint development continues the tradition of tire development that enables driving under...
Bridgestone will add 10 sizes exclusively for SUVs to the lineup of its premium studless tire Blizzak VRX3. The new sizes will go on sale sequentially from October 1. Blizzak, Bridgestone’s leading winter tire brand, was created in 1988 to contribute to safer and more reliable driving on icy and snowy winter road surfaces. The Blizzak VRX3, launched in 2021,...
