Nexen Tire of Korea will supply the N-FERA Sport 205/65R16 as a new tire for BMW’s new 2 Series Active Tourer. The BMW 2 Series Active Tourer is BMW’s first front-wheel drive MPV with a dynamic and modern design. In addition to its high-performance engine and transmission, the new model is the second generation of a vehicle that combines excellent...
Bridgestone will increase its production capacity of premium motorcycle tires for high-end vehicles, particularly large superbikes of 1,000cc and more. The expansion will take place at the Nasu Plant in Nasushiobara City, Tochigi Prefecture, the Group’s only motorcycle tire production facility globally, and will mark a total investment of around 1.7 billion yen ($12.4 million). Starting in 2026, the production...
This article follows part 1 in a series of 2 on second quarter financial results (January-June of the fiscal year ending December 31, 2022) of the four large Japanese tire manufacturers. Sales increased by double digits year-on-year for all four companies. With its strong demand and weak yen exchange rate, the U.S. market was one of the factors that contributed...
Japan’s four major tire manufacturers have now all posted their financial results for January–June 2022. The four companies – Bridgestone, Yokohama Rubber, Sumitomo Rubber, and Toyo Tires – each achieved double-digit increases to their sales revenue when compared to the first half of the previous year, on top of which the first two of these companies managed a year-on-year increase...
Toyo Tire’s new Serbian plant has started operation on July 27 and made its first shipment of 500 light truck tires (LTR) to the U.S. on August 9. President Takashi Shimizu said he intends to produce around 400,000 units by the end of this year, giving priority to the U.S., where there are many back orders. The plant has an...
Kumho Tire Japan will raise wholesale tire prices in all categories. The price increase will be implemented from September 1 for winter tires and from October 1 for summer and all-season tires with an average increase of 5 percent, depending on the product and size. The company said that in addition to soaring raw material prices, production and transportation costs...
