Toyo Tire Corp. (TYO:5105) and Mitsubishi Corp. (TYO:8058) have gotten started with efforts aimed at drawing out synergy between their two companies. This follows the pair having agreed to an increased capital partnership late last year. Looking to bring about synergy between their companies at an early stage, Toyo Tires and Mitsubishi have started up seven collaborative task forces relating...
Nihon Michelin Tire Co. Ltd. is set to launch the Michelin X Multi D+, a new tire made specifically for use with truck and bus driveshafts. The tire will be available in two sizes, with the 295/80R22.5 version launching on March 1 and the 11R22.5 slated for launch on May 1. Prices have been left to the discretion of distributors....
Japan’s four major tire manufacturers have now posted their earnings forecasts for calendar 2019, with the general trend of expectations here pointing to increased sales and decreased profits. And amid this, all four of the companies are planning increases to their production capacity. While a number of factors make 2019 a difficult year to predict – including the U.S.–China trade...
Bridgestone Corp. (TYO:5108) recently announced that it is supplying six different tires ranging 19–21 inches for the E-Tron SUV, a new electric vehicle (EV) that launched this January under the Audi Group. Hitting the market as Audi’s first EV, the E-Tron utilizes two electric motors to make for major improvements to both acceleration and noise levels. Bridgestone’s tires then help...
Yokohama Rubber Co. Ltd. (TYO:5101) is planning an April 1 launch for the Geolandar X-CV, a new product under its Geolandar line of highway-terrain SUV tires. The tire will be made available in 17 sizes. The Geolandar X-CV will be marketed as a next-gen highway-terrain tire for high-performance crossover SUVs. Placing an emphasis on high-speed performance and driveability, such SUVs...
Toyo Tire Corp. (TYO:5105) recently announced that U.S. tire manufacturing subsidiary Toyo Tire North America Manufacturing Inc. (TNA) has produced its 50 millionth tire since beginning operations. The 50 millionth tire to be manufactured at TNA was a Ridge Grappler, a light truck tire sold under the Nitto brand. The series has earned itself a strong reputation for its combination...
