Tire Production in Japan Falls 3.6% for 2016

Production volume of automobile tires in Japan fell 3.6 percent year-on-year in 2016, dropping to 1.019801 million tons, according to the Japan Automobile Tyre Manufacturers Association (JATMA). It marks a fifth consecutive year of decline for automobile tire production. While 2016 production volume as a whole was marked with a negative record, coming on account of 21 consecutive months of…