Bridgestone Corp. (TYO:5108) has begun supplying its Ecopia EP150 tires as OE for several new models of kei-class light motor vehicle. The tire is now being sent out for use in the new Nissan Dayz as well as the Mitsubishi eK Wagon and eK X. Tires under the Ecopia brand are able to maintain excellent performance in a number of...
Bridgestone Corp. (TYO:5108) on April 2 completed its acquisition of digital fleet solutions provider TomTom Telematics, a former business unit of TomTom NV of the Netherlands. The acquisition was effected after Bridgestone subsidiary Bridgestone Europe NV/SA received approval from regulatory authorities and satisfied other procedural requirements. The purchase price was 910 million euros ($1.03 billion). The acquired business operates the...
Bridgestone Corp. (TYO:5108) held its latest general meeting of shareholders on March 22, answering a number of questions posed to company representatives. With 395 people in attendance, the meeting lasted for 1 hour and 44 minutes. During the meeting, a total of 13 questions came from 13 shareholders. These covered topics such as the business impact of Brexit and of...
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...
Bridgestone Corp. (TYO:5108) plans to acquire TomTom Telematics BV, a subsidiary of TomTom NV of the Netherlands. The acquisition is expected to take place during the second quarter of the business year ending December 2019 for a purchase price of 910 million euros ($1.04 billion). TomTom Telematics operates a digital fleet solutions business that provides cloud-based services such as vehicle...
