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Toyo Tire Develops Drive Simulator for Virtual Tire Performance, Safety Education

on April 17, 2019 in Innovation, Tires

Toyo Tire Corp. (TYO:5105) has developed a driving simulator with realistic steering, accelerator and brake controls for tire performance safety education events. Control software developed by Toyo Tires will enable drivers to virtually experience how tire wear can change braking distance under rainy conditions or cause hydroplaning, as well as how differences in inflation pressure can alter operational stability. It...

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Toyo Tires Looks to Incorporate Sustainable Development Goals

on March 22, 2019 in Tires

Toyo Tire Corp. (TYO:5105) recently announced that it has gotten on board with the UN’s Sustainable Development Goals (SDGs), drafting up a plan for how the company aims to implement these SDGs throughout its group’s business by 2030. The company has also signed the United Nations Global Compact (UNGC) to help bring about an inclusive society. Toyo Tires has already...

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Major Tire Companies Plan Production Increases for 2019 While Projecting Rising Sales, Falling Profits

on February 22, 2019 in Industry, Tires

Japan’s four major tire manufacturers have now posted their earnings forecasts for calendar 2019, with the general trend of expectations here pointing to increased sales and decreased profits. And amid this, all four of the companies are planning increases to their production capacity. While a number of factors make 2019 a difficult year to predict – including the U.S.–China trade...

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Toyo Tires Produces 50 Millionth Tire at US Subsidiary

on February 1, 2019 in Tires

Toyo Tire Corp. (TYO:5105) recently announced that U.S. tire manufacturing subsidiary Toyo Tire North America Manufacturing Inc. (TNA) has produced its 50 millionth tire since beginning operations. The 50 millionth tire to be manufactured at TNA was a Ridge Grappler, a light truck tire sold under the Nitto brand. The series has earned itself a strong reputation for its combination...

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Toyo Tires Targets Boxy Cars as Focus of Studless Winter Tire Business

on December 20, 2018 in Tires

Toyo Tire & Rubber Co. Ltd. (TYO:5105) is focusing its sales of studless winter tires on the Winter Tranpath TX, a tire launched last year for exclusive use with boxy cars, including SUVs and minivans. The Winter Tranpath TX helps to limit the characteristic wobbling of high-roofed, boxy cars. And as a studless winter tire specialized for use with these...

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Toyo Tires President Sees Upcoming Name Change as Pivot Point Into Mobility

on December 12, 2018 in Tires

Toyo Tire & Rubber Co. Ltd. (TYO:5105) President Takashi Shimizu has reasserted his company’s path to specializing in mobility through tires and auto parts. Shimizu pointed to the background leading up to Toyo Tires’ capital tie-up with Mitsubishi Corp. (TYO:8058) that was announced on Nov. 1, the aims from this, and how his company will be changing its name to...

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