Bridgestone Corp. (TYO:5108) subsidiary Bridgestone Americas Inc. and The Goodyear Tire and Rubber Co. announced on April 17 that they will jointly establish TireHub LLC, a nationwide U.S wholesale company. TireHub will handle U.S. wholesale operations for the passenger vehicle tire and small truck tire businesses of both parent companies. Bridgestone Americas and Goodyear will use the opportunity to offer...
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...
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...
Yokohama Tire Corp. (YTC), a U.S. subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), has renewed its contractual partnership with Major League Baseball team the Los Angeles Angels for 2018–2020. Based on the agreement, the Yokohama logo will be displayed at the team’s home ballpark, Angel Stadium of Anaheim. The move comes as a bid to increase Yokohama Rubber’s brand awareness...
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...
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...
