Bridgestone Corp. (TYO:5108) is seeing success with a sales initiative for summer tires. The main target of the sales initiative is the Regno GR-XII, which launched this February. Based on the brand concept of great balance, the new summer tire under the company’s flagship Regno brand provides an excellent balance of seven metrics that customers look for in tires. These...
Tires
Toyo Tires Records 3.8% Drop in Sales for Q1 of 2019
Toyo Tire Corp. (TYO:5105) recently posted its results for the first quarter of calendar 2019, showing overall sales of 90.14 billion yen ($817.75 million) for the period. This marks a decrease of 3.8 percent from the same quarter last year. The company’s operating profit for the quarter was similarly down 4 percent year-on-year to 10.17 billion yen, with ordinary profit...
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Continental’s EcoContact 6 Performance Tires Adopted as OE for Mercedes-Benz C-Class
Continental Tire Japan Co. Ltd. recently announced that its EcoContact 6 tires, a series of high-performance eco-friendly tires launched in March, have been adopted as OE for the new-model Mercedes-Benz C-Class. Specifically, the front tires for the new C-Class will be 225/45R18 95Y XL EcoContact 6 MO tires, with the rear tires to be 245/40R18 97Y XL EcoContact 6 MO...
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Toyota Adopts Toyo Tires’ Open Country Series as OE for New RAV4
Toyo Tire Corp. (TYO:5105) recently announced that its Open Country tire series has been adopted by Toyota Motor Corp. (TYO:7203) as OE for the automaker’s new-model RAV4, which launched in North America last December. The styling of the new Toyota RAV4 conveys power befitting an SUV while also mixing this with a sense of refinement. On the practical side, the...
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Bridgestone Holds Memorial Ceremony for Former CEO Yoichiro Kaizaki
Bridgestone Corp. (TYO:5108) held an April 25 ceremony at the Imperial Hotel Tokyo’s Peacock Room to remember the late Yoichiro Kaizaki. Formerly president and CEO at Bridgestone, Kaizaki passed away on Jan. 20 this year at the age of 85. Around 500 people, including current and former employees as well as other industry figures, attended the ceremony to look back...
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Kobe Steel Turns Indian JV for Tire and Rubber Machinery Into Wholly Owned Subsidiary
Kobe Steel Ltd. (TYO:5406) has acquired L&T Kobelco Machinery Pvt. Ltd. (LKTM) as a wholly owned subsidiary. Previously operated as a JV between Kobe Steel and Larsen & Toubro Ltd., the Indian-based firm designs, manufactures and sells a range of tire and rubber machinery, including rubber mixers and twin-screw extruders. By turning LKTM into a wholly owned subsidiary, Kobe Steel...
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