Toyo Tires

Rubber Unions, Companies Settle on Wage Increases for 2019

The Japanese Rubber Workers’ Union Confederation has released the results of its 2019 spring labor initiative aimed at securing higher wages and bonuses for workers at major rubber companies. As part of this, the organization announced that 56 of its 58 member unions submitted wage requests, of which 49 have reached a settlement with the relevant companies. Meanwhile, 49 unions...

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Toyota Adopts Toyo Tires’ Open Country Series as OE for New RAV4

Toyo Tire Corp. (TYO:5105) recently announced that its Open Country tire series has been adopted by Toyota Motor Corp. (TYO:7203) as OE for the automaker’s new-model RAV4, which launched in North America last December. The styling of the new Toyota RAV4 conveys power befitting an SUV while also mixing this with a sense of refinement. On the practical side, the...

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Toyo Tire Develops Drive Simulator for Virtual Tire Performance, Safety Education

Toyo Tire Corp. (TYO:5105) has developed a driving simulator with realistic steering, accelerator and brake controls for tire performance safety education events. Control software developed by Toyo Tires will enable drivers to virtually experience how tire wear can change braking distance under rainy conditions or cause hydroplaning, as well as how differences in inflation pressure can alter operational stability. It...

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Toyo Tires Looks to Incorporate Sustainable Development Goals

Toyo Tire Corp. (TYO:5105) recently announced that it has gotten on board with the UN’s Sustainable Development Goals (SDGs), drafting up a plan for how the company aims to implement these SDGs throughout its group’s business by 2030. The company has also signed the United Nations Global Compact (UNGC) to help bring about an inclusive society. Toyo Tires has already...

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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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