Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi has said that his company’s tire business saw robust sales of new vehicle tires for 2017, with China in particular far exceeding last year’s record. Speaking at a year-end press conference, Yamaishi noted year-on-year increases to both sales volume and revenue for retail tires, where the company’s domestic focus was on high-value-added...
off-road
Automotive Tire and Tube Production up 0.6% Across First Three Quarters
The Japan Automobile Tyre Manufacturers Association Inc. (JATMA) has announced that the combined domestic production of automotive tires and tubes for the January–September period totaled 763,456 tons, making for a 0.6 percent increase over the same period last year. Of this total production volume, 395,632 tons were for domestic use, up 4.7 percent, while production volume for exports totaled 375,654...
Toyo Tires Releases New Tire Model for Off-road Kei Cars
Toyo Tire & Rubber Co. Ltd. (TYO:5105) recently released the Open Country R/T, a new tire model designed for off-road kei cars. The tire establishes an entirely new genre, filling the gap between mud-terrain and all-weather tires. It targets the growing number of people who enjoy off-roading in SUV/CUV-style kei cars. The tire is designed to meet both on and...