Nippon Goodyear Ltd. is seeking again this period to get active in developing an all-season tire market in Japan. Speaking at the company’s 2017 strategy announcement and new products briefing session on Feb. 16, President Yujiro Kanehara deemed the company’s first-year effort at this in 2016 as modest. Now for the 2017 period, Nippon Goodyear is looking to launch an...
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Sumitomo Rubber Continues to Strengthen North American Business: CEO Ikeda
Sumitomo Rubber Industries Ltd. (TYO:5110) is proceeding with revamping its North American plants and bringing in new equipment for use with current production, said President & CEO Ikuji Ikeda at a press conference last week. He added that, with a view to the future, the company will also adopt new production technology to increase production capacity for high-performance tires. Increasing...
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Sumitomo Rubber to Take up Full-Scale Operation at USA Technical Center
Sumitomo Rubber Industries Ltd. (TYO:5110) will commence full-scale operation at its USA Technical Center in January 2017. Increasing its freedom to operate in the U.S. market by dissolving its alliance with Goodyear Tire and Rubber Co. in October 2015, the company has made strides in its efforts to enhance development, production and sales systems. The new technical center is linked...
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Latest Fuel-efficient Tire Technologies – Toyo Tires, Goodyear
Tire manufacturers across Japan are focused on making unique technological developments in the bid to differentiate themselves from one another. This includes their respective pursuits in the delivery of driving comfort and the fundamental structures in which they maintain their definitions of fuel-efficient tires through proprietary technologies. Toyo Tires Nano Balance Technology is the name of Toyo Tire & Rubber...
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Japanese Tire Companies Boost Production Capacity in North America
Japanese tire companies are reaping higher profits in the North American market with the help of a livelier U.S. economy. That help is coming in the form of strong sales of large vehicles in the U.S. that is creating major demand for large tires fitted onto pickup trucks and SUVs. Bridgestone Corp. (TYO:5108) has responded to this demand by announcing...
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Aiming to Raise Market Share and Brand Equity—Nippon Goodyear
The automobile market in Japan is going through a difficult period, said Yujiro Kanahara, president of Nippon Goodyear Ltd., speaking recently to Japan Rubber Weekly. This is particularly true in the tire sector, where Nippon Goodyear faces a number of strong rivals and where market growth is limited, Kanahara said. Still, he believes there are opportunities for growth.
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