Bridgestone Corp. (TYO:5108) is looking to increase its Japanese production capacity for premium passenger car tires. Plans here will see the company carry out improvements at four of its passenger car tire plants: namely, those in Tochigi, Hikone, Hofu and Tosu. Total investment here is slated to come to around 8.2 billion yen ($71.1 million), with construction beginning in the...
Bridgestone Retail Japan Co. Ltd. has launched Mobox in the Japanese market. Launched on April 1, the passenger car tire subscription service is now available at 353 Cockpit and Taiyakan locations throughout the country. The Mobox service provides customers with tires and maintenance for a monthly fee. Customers can choose between two plans – Standard and Light – with a...
Toyo Tire Corp. (TYO:5105) recently announced that it is planning to boost the production capacity of Toyo Tire North America Manufacturing Inc. (TNA), a tire production subsidiary it controls in the U.S. For this increase, Toyo Tires plans to invest approximately 7 billion yen ($64.85 million) to install new facilities with an annual production capacity equivalent to 1.2 million passenger...
Bridgestone Corp. (TYO:5108) is looking to boost sales of its Blizzak VRX and Blizzak VRX2 lines of passenger car studless tires. While the company managed strong sales for its VRX2 line last year, a representative said that this was largely due to the appeal of it being a new product at the time, adding that the plan this season is...
Representatives from Japan and the EU met on July 17 to sign the EU–Japan Economic Partnership Agreement (EPA) – a new bilateral agreement set to come into effect by the end of next March. For Japan’s rubber industry, the EPA promises the immediate repeal of a 4.5 percent tariff currently incurred on exports of passenger car tires to the EU,...
Nippon Goodyear Ltd. has announced that it will release two new comfort tires on Feb. 1: the EfficientGrip Comfort, aimed at passenger vehicles, and the EfficientGrip Performance SUV, aimed at sport utility vehicles. EfficientGrip Comfort tires stand out for providing a much more comfortable ride by reducing tread pattern noise and road noise, thus making the cabin quieter. All sizes...
