bridgestone

Bleak Forecast for Winter Tires

Sales of studless winter tires in Japan have been brisk for the past few years thanks to the snowfall. According to Japan Automobile Tyre Manufacturers Association (JATMA), 25.96 million snow tires were sold in Japan in 2014, marking a year-on-year increase of 4.0 percent. Studless tires accounted for 99.8 percent of all snow tire sales: 25.92 million units sold, up...

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New Bridgestone Tire Identifies Road Conditions

Bridgestone Corp. is the first company in the world to successfully commercialize a technology that identifies road conditions from a tire. The proprietary technology is called Contact Area Information Sensing (CAIS). It collects data on the tire surface that comes into contact with the road and analyzes that data to understand the road and the tire’s condition. Through real-time analysis...

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Cheaper Raw Materials Help Tire Manufacturers Increase Profit (Part 2)

The price of Japanese-made naphtha, an indicator of synthetic rubber prices, was 47,200 yen ($380) per kiloliter for the third quarter (July–September), down by more than 3 percent, or 1,600 yen ($13), over the second quarter (April–June). Naphtha prices are expected to drop further in the October–December period. Falling raw material prices look to continue as a factor in tire...

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Cheaper Raw Materials Help Tire Manufacturers Increase Profit (Part 1)

In the first three quarters of 2015 (January–September), consolidated financial results for four Japanese tire manufacturers—Bridgestone Corp., Sumitomo Rubber Industries Ltd., Yokohama Rubber Co. Ltd., and Toyo Tire & Rubber Co. Ltd.—showed large gains in operating income thanks to low prices for crude oil, natural rubber and synthetic rubber. The lower raw material prices translated into gains for Bridgestone of...

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Bridgestone Americas Acquires TireConnect

Bridgestone Corp. announced on Oct. 30, 2015 that group company Bridgestone Americas Inc. (BSA) would acquire TireConnect Systems. Announced by BSA on Oct. 22, the deal provides BSA with TireConnect Systems, a software company that supports tire dealers and distributors in North America (primarily Canada) with a tire Internet sales tool featuring e-commerce capabilities. Bridgestone, the world’s largest tire manufacturer,...

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Bridgestone to Acquire Pep Boys

Bridgestone Retail Operations LLC (BSRO), a wholly owned subsidiary of Bridgestone Corp., will acquire The Pep Boys – Manny, Moe & Jack, one of America’s leading automotive aftermarket chains, in an all-cash transaction, purchasing all outstanding shares at approximately $835 million in aggregate equity value. Bridgestone’s biggest acquisition to date was the $2.6 billion purchase in 1988 of The Firestone...

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