With the transport sector facing a difficult business environment amid COVID-19, Bridgestone Corp. (TYO:5108) is seeing effects on both demand and sales for its retread tires. Nonetheless, such tires continue to make up a rising portion of Bridgestone’s sales with each passing year. And going forward, the company aims to continue growing its sales of retreads, which reliably provide both...
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Bridgestone Corp. (TYO:5108) and Bridgestone Cycle Co. Ltd. have each received an award as part of the 2020 Good Design Awards run by the Japan Institute of Design Promotion (JIDP). The first of these awards was given for a prosthetic sole to be used by athletes, while the other was given for the TB1e electric assist bicycle. The prosthetic sole...
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Bridgestone Corp. (TYO:5108) is looking to focus its U.S.-based hose operations on sales to the building and manufacturing industries. To this end, the company will utilize the sales network of local subsidiary Bridgestone HosePower LLC to take in related demand. Previously, Bridgestone’s U.S. hose business has been largely focused on the oil and gas sector, with its products being used...
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Bridgestone Corp. (TYO:5108) recently announced that it intends to stop kart tire production at its Kurume Plant in Kyushu by the end of 2022. Since beginning supply of kart tires in 1977, Bridgestone has handled development, production and sales for these both domestically and abroad. In Japan, the company has focused on kart tires accredited by the Japan Automobile Federation;...
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Bridgestone Europe NV/SA has started discussions with stakeholders with the aim of closing its Bethune plant in France. The plant is currently used to manufacture passenger car tires. This comes as the Bethune plant finds itself in an increasingly difficult competitive environment. Business profitability in the European passenger car tire market has fallen in recent years; then there is the...
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Bridgestone Corp. (TYO:5180) has announced that Turanza Eco tires featuring the Enliten tire technology will be used as OE for the upcoming Volkswagen Golf 8. Developed by Bridgestone, Enliten technology achieves both superb environmental efficiency and driving performance. Enliten is a fundamental Bridgestone technology that excels at reducing tire weight, cutting down on raw material use and lowering rolling resistance....
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