The Japan Automobile Tyre Manufacturers Association Inc. (JATMA) has announced that the combined domestic production of automotive tires and tubes for the January–September period totaled 763,456 tons, making for a 0.6 percent increase over the same period last year. Of this total production volume, 395,632 tons were for domestic use, up 4.7 percent, while production volume for exports totaled 375,654...
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Bridgestone Corp.’s (TYO:5108) group company in India, Bridgestone India Pvt. Ltd., has announced that it will shore up production capacity at its Pune and Indore plants for passenger car radial tires. Bridgestone India will invest $304.3 million in a phased manner over the next five years. The investment is expected to increase the combined daily production capacity of the two...
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Sumitomo Rubber Industries Ltd. (TYO:5110) will increase its U.S. production capacity of passenger car and light truck tires from currently 5,000 tires to 10,000 per day by the end of 2019, said President and CEO Ikuji Ikeda during a recent interview with Japan Rubber Weekly. He added that this move aims at expanding sales of high value-added tires in the...
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Demand for automobile tires in Japan is expected to decrease for a second consecutive year, according to the mid-year review of domestic tire demand for 2016 published by the Japan Automobile Tire Manufacturers Association (JATMA) on July 21. The review places gross demand for tires including those for special and two-wheeled vehicles at 117.366 million units, a decline of 1.837...
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