Sumitomo Rubber will acquire the trademark rights to the Dunlop brand of four-wheel tires in Europe, North America, and Oceania from Goodyear. The acquisition is worth $526 million, with a transfer agreement signed on January 8 and closing scheduled for May. With the acquisition of the trademark rights, Sumitomo Rubber intends to further accelerate premiumization, which it positions as the...
Yokohama Rubber held a groundbreaking ceremony for a new passenger car tire plant in Hangzhou, China on December 16, 2024. The ceremony was attended by the mayor of Hangzhou and many other government officials. Also in attendance were Masataka Yamaishi, Chairman and CEO of Yokohama Rubber, and Shinji Seimiya, President and COO. The new plant is the first of a...
The Japan Automobile Tire Manufacturers Association (JATMA) has announced its forecast for Japanese domestic demand for automobile tires in 2024 and 2025. According to the report, total demand in 2024 is expected to be 102,768,000 tires, down 4% from 2023, as demand for all tire types for new vehicles, replacement tires, and motorcycles are seen to be lower than in...
Takashi Shimizu, President & CEO of Toyo Tires, recently spoke at a year end press conference. “Looking back on 2024, we need to maintain a strong awareness of our origins, continue to reform, and make full use of the flexibility and suppleness that are characteristic of our company. For 2025, we will strive to return to the basics, and strengthen...
Sumitomo Rubber has developed a new simulation method that can predict tire noise on actual road surfaces more accurately and in a shorter time than ever before. By taking into account the vibration input to the tire due to road surface irregularities and the sound absorption characteristics of the road surface, the prediction accuracy has been greatly improved with an...
Toyo Tires has developed Tire SAPRI, a digital application to monitor and manage the usage environment and conditions of truck and bus (TB) tires. The application enables the prediction of tire wear conditions, monitoring of air pressure and temperature, notification of abnormalities detected by the application, and management of installed and stored tires. In July 2020, the company announced the...
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