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...
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...
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...
Toyo Tire & Rubber Co. (TYO:5105) next spring will begin supplying the North American market with two new fuel-efficient super single tires for use in trucks and buses, lowering rolling resistance by around 6 percent from that of the company’s previous super single. The two new super single tires, the Nanoenergy M175 long-haul trailer tire and the Nanoenergy M675 long-haul...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) recently announced that its Toyo Celsius CUV A line of tires has been adopted as OE for the Audi Q8, a new SUV set to launch this autumn or thereafter in the North American market. The company has already begun supply of these tires, providing them at the size of 275/50 R20 113H....
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has agreed to enter into a new capital partnership with Mitsubishi Corp. As part of this, Mitsubishi will be issued new Toyo Tires shares through a third-party allotment, bringing its current 3.05 percent stake in the company up to 20 percent and making it the top shareholder. Mitsubishi will achieve this by investing...
