Toyoda Gosei Co. Ltd. (TYO:7282) is looking to accelerate its development of vehicle interior and exterior modules for the coming age of automated driving, investing in Imuzak Inc., a firm with strengths in optical design and evaluation. The outlay of 50 million yen ($450,000) is the first to be implemented by the new Corporate Venture Capital Department, established up by...
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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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Ube Industries Ltd. (TYO:4208) announced on April 8 that its consolidated subsidiary Ube Corporation Europe SAU (UCE) has decided to acquire Spanish compound manufacturer Repol SL. The companies have agreed to a share transfer on the basis of a deal for UCE to acquire a majority of Repol’s shares in late March. Based in Valencia, Spain, Repol operates a European...
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Toyoda Gosei Co. Ltd. (TYO:7282) has developed a lightweight resin turbo duct for automobiles. The use of resin for the turbo duct, which conducts air to the engine, makes it possible for the newly developed product to improve vehicle environmental performance. It is installed in new HiAce vans launched outside of Japan by Toyota Motor Corp. (TYO:7203) in February. A...
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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...
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Carbon masterbatch (CMB) manufacturer Mitsufuku Industry Co. Ltd. has seen favorable conditions for its compounds business in fiscal 2018. A number of trends continuing from the previous year – such as a downsizing of automotive engines, high semiconductor-related demand and growth for fluororubber sponge – have led to an increase in Mitsufuku Industry’s production levels, particularly for fluororubber compounds. As...
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