Tires

Bridgestone CEO Tsuya Talks Strategy – More Buyouts Possible (Part 2)

Bridgestone Corp. CEO and chairman of the board Masaaki Tsuya stated that the company has not ruled out buying more companies in the same industry. However, he added that although money makes an acquisition itself possible, the important thing is that a lack of strategic value, such as synergies coming after integration, complicates matters. Tsuya went on to say that...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Bridgestone CEO Tsuya Talks Strategy – More Buyouts Possible (Part 1)

Bridgestone Corp. CEO and chairman of the board Masaaki Tsuya recently commented on the two M&A deals the tire manufacturer announced in October. Tsuya said that Bridgestone has not ruled out buying more tire manufacturers or other companies in the same industry. He went on to say that the three big acquisitions in the company’s history have been Firestone Tire...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Bleak Forecast for Winter Tires

Sales of studless winter tires in Japan have been brisk for the past few years thanks to the snowfall. According to Japan Automobile Tyre Manufacturers Association (JATMA), 25.96 million snow tires were sold in Japan in 2014, marking a year-on-year increase of 4.0 percent. Studless tires accounted for 99.8 percent of all snow tire sales: 25.92 million units sold, up...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

New Bridgestone Tire Identifies Road Conditions

Bridgestone Corp. is the first company in the world to successfully commercialize a technology that identifies road conditions from a tire. The proprietary technology is called Contact Area Information Sensing (CAIS). It collects data on the tire surface that comes into contact with the road and analyzes that data to understand the road and the tire’s condition. Through real-time analysis...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Michelin Japan to Add Product Development Functions at Ota R&D Site

Recently appointed Nihon Michelin Tire Co. Ltd. president Paul Perriniaux (pictured, left) is resolved to garner more customers in Japan and earn the company loyalty for its high-quality tires and service. Perriniaux joined Nihon Michelin in 1995 in truck and bus marketing. He held posts at Michelin in England and Ireland, and at the France head office, before returning to...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Cheaper Raw Materials Help Tire Manufacturers Increase Profit (Part 2)

The price of Japanese-made naphtha, an indicator of synthetic rubber prices, was 47,200 yen ($380) per kiloliter for the third quarter (July–September), down by more than 3 percent, or 1,600 yen ($13), over the second quarter (April–June). Naphtha prices are expected to drop further in the October–December period. Falling raw material prices look to continue as a factor in tire...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Send this to a friend