Bridgestone has developed a new tire for lunar rovers. A concept model of this tire has been exhibited for the first time at the 39th Space Symposium to be held in Colorado Springs from April 8 to 11. The company has been working on research and development of tires for lunar rover vehicles since 2019. The newly developed tires for...
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Yokohama Rubber has begun deliveries of the Advan Sport V105 tires for Subaru’s new Impreza for Europe and Latin America. The tire size is 225/40R18 92W, and the product will not be installed on vehicles bound for Japan. The Advan Sport V105 is an ultra high-performance tire from the Advan series, the company’s global flagship tire brand. It delivers high...
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The all-season tire category is steadily growing in sales volume in the Japanese domestic tire market. According to Continental Tire Japan, all-season tires account for 1.6% of total domestic tire market sales by volume in 2023, with sales volume being 1.4 times higher than in 2019. Even in 2023, when the overall domestic tire market sales volume was lower than...
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A joint venture between Michelin of France, Scandinavian EnviroSystems (Enviro) and Antin Infrastructure Partners (Antin) has finalized a joint investment plan to build its first tire recycling plant. The first plant, based in Uddevalla, Sweden, has already received all necessary environmental and building permits and approvals for construction. The construction process has begun, and the new plant is expected to...
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Yokohama Rubber will build a new passenger car tire plant in Mexico to strengthen its ability to supply tires to the North American market. With a production capacity of 5 million tires per year and an investment of $380 million, construction will begin in the second quarter of 2024, and production is scheduled to start in the first quarter of...
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Bridgestone will make further progress in the reorganization and restructuring of its European operations during the period of its 24MBP medium-term business plan, aiming to raise the adjusted operating margin of its European operations from 1% in 2023 to 8% in 2026, the final year of the 24MBP plan, and clear the 5.5% WACC (weighted average cost of capital) threshold....
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