Nihon Michelin Tire Co. Ltd. has announced that it will launch the Michelin Cross Grip, an all-season radial tire for small wheel loaders, in Japan this September. The tire will be sized at 440/80R24, which is equivalent to 16.9R24. The most significant feature of the new product is its ability to help meet year-round urban needs – such as construction,...
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Continental AG last year announced that it held a groundbreaking and prayer ceremony on Nov. 21, 2017, to mark the start of construction at the company’s new greenfield tire plant in Rayong, Thailand. These efforts mark Continental’s fifth greenfield investment into a tire plant since 1999. With the completion of the new plant, Continental’s Tire Division will expand its global...
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Mitsubishi Motors Corp. (TYO:7211) has adopted the Proxes R44 tire made by Toyo Tire and Rubber Co. Ltd. (TYO:5105) as original equipment for its new Eclipse Cross SUV, which launched on March 1. The tires are made with Nano Balance Technology, a proprietary technology for basic materials design that provides for nano-level control during the development of rubber materials. This...
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Toyo Tire & Rubber Co. Ltd. (TYO:5105) launched a special website on April 3 to showcase the technology of its near-future airless concept tire, the Noair. By making fundamental changes to the structure of its past prototypes, Toyo Tires has drastically improved the Noair’s performance in several metrics, including durability, exterior noise levels and fuel efficiency. The company has successfully...
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Bridgestone Corp.’s (TYO:5108) general shareholders meeting on March 23 was attended by 299 shareholders and ended in one hour and 40 minutes. The meeting saw 11 shareholders put forth a total of 17 questions to the board, with these including queries as to where things stand concerning female promotion into managerial positions and what efforts are being made to revise...
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Sumitomo Rubber Industries Ltd. (TYO:5110) held a general shareholders meeting on March 29, with the company fielding questions from shareholders on three main topics: sales strategy in regions where the Dunlop brand is struggling, the impact of the recent strong yen, and responses to the trend toward electric vehicles (EVs). A Sumitomo Rubber representative noted that in Europe, the U.S.,...
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