Bridgestone Corp. (TYO:5108) recently announced that it intends to stop kart tire production at its Kurume Plant in Kyushu by the end of 2022. Since beginning supply of kart tires in 1977, Bridgestone has handled development, production and sales for these both domestically and abroad. In Japan, the company has focused on kart tires accredited by the Japan Automobile Federation;...
Bridgestone Europe NV/SA has started discussions with stakeholders with the aim of closing its Bethune plant in France. The plant is currently used to manufacture passenger car tires. This comes as the Bethune plant finds itself in an increasingly difficult competitive environment. Business profitability in the European passenger car tire market has fallen in recent years; then there is the...
Bridgestone Corp. (TYO:5180) has announced that Turanza Eco tires featuring the Enliten tire technology will be used as OE for the upcoming Volkswagen Golf 8. Developed by Bridgestone, Enliten technology achieves both superb environmental efficiency and driving performance. Enliten is a fundamental Bridgestone technology that excels at reducing tire weight, cutting down on raw material use and lowering rolling resistance....
Bridgestone Corp. (TYO:5108) recently announced that it has proposed the closure of the Port Elizabeth plant operated by group company Bridgestone South Africa Pty. Ltd. (BSAF), and that it has begun discussions with relevant parties. Launched in 1936, the Port Elizabeth plant serves to manufacture bias tires. But with global tire demand shifting away from bias tires and toward radial...
Bridgestone Corp. (TYO:5108) announced its business results for the first half of calendar 2020 on Aug. 7, revealing sales revenue of just under 1.36 trillion yen ($12.76 billion) to mark a 22.1 percent year-on-year drop. The company’s adjusted operating profit for the half came to a little below 48.27 billion yen, down by 68.3 percent, and it posted a net...
Bridgestone Corp. (TYO:5108) recently published its 2019–2020 Sustainability Report, making this available via a dedicated page on its company website. The report includes Milestone 2030, which lays out a set of new medium-term environmental targets for the Bridgestone Group to achieve by 2030. This comes as part of the broader effort to achieve long-term environmental goals for 2050. As a...
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