Toyo Tires

Major Tire Companies Plan Production Increases for 2019 While Projecting Rising Sales, Falling Profits

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...

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Toyo Tires Produces 50 Millionth Tire at US Subsidiary

Toyo Tire Corp. (TYO:5105) recently announced that U.S. tire manufacturing subsidiary Toyo Tire North America Manufacturing Inc. (TNA) has produced its 50 millionth tire since beginning operations. The 50 millionth tire to be manufactured at TNA was a Ridge Grappler, a light truck tire sold under the Nitto brand. The series has earned itself a strong reputation for its combination...

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Toyo Tires Targets Boxy Cars as Focus of Studless Winter Tire Business

Toyo Tire & Rubber Co. Ltd. (TYO:5105) is focusing its sales of studless winter tires on the Winter Tranpath TX, a tire launched last year for exclusive use with boxy cars, including SUVs and minivans. The Winter Tranpath TX helps to limit the characteristic wobbling of high-roofed, boxy cars. And as a studless winter tire specialized for use with these...

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Toyo Tires President Sees Upcoming Name Change as Pivot Point Into Mobility

Toyo Tire & Rubber Co. Ltd. (TYO:5105) President Takashi Shimizu has reasserted his company’s path to specializing in mobility through tires and auto parts. Shimizu pointed to the background leading up to Toyo Tires’ capital tie-up with Mitsubishi Corp. (TYO:8058) that was announced on Nov. 1, the aims from this, and how his company will be changing its name to...

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Toyo Tires All Set for North American Launch of Newly Enhanced Long-Haul Tires

Toyo Tire & Rubber Co. (TYO:5105) next spring will begin supplying the North American market with two new fuel-efficient super single tires for use in trucks and buses, lowering rolling resistance by around 6 percent from that of the company’s previous super single. The two new super single tires, the Nanoenergy M175 long-haul trailer tire and the Nanoenergy M675 long-haul...

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Audi Selects Toyo Tires to Supply OE Tires for New Q8 SUV

Toyo Tire & Rubber Co. Ltd. (TYO:5105) recently announced that its Toyo Celsius CUV A line of tires has been adopted as OE for the Audi Q8, a new SUV set to launch this autumn or thereafter in the North American market. The company has already begun supply of these tires, providing them at the size of 275/50 R20 113H....

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