Bridgestone Sees Quarter Profits Jump 4% - Tire Review Magazine

Bridgestone Sees Quarter Profits Jump 4%

(Akron/Tire Review) Bridgestone Corp. reported first quarter 2006 sales of $6.2 billion, up 17% compared to the same period in 2005, resulting in a 4% bump in quarterly net profits to $239 million.

The company said that strong global sales helped offset heavy increases in raw material costs.

Bridgestone said its tire sales in Japan rose 10% for the quarter, while sales in the U.S. increased 25%, and sales in Europe increased 13%. Sales elsewhere jumped 37%, Bridgestone said.

You May Also Like

EV Tires: Gimmick or Necessity?

Is it really necessary to distinguish tires designed for EVs and those intended for internal combustion engine vehicles?

Bridgestone-EV-Touring-1400

As the popularity of electric vehicles continues to rise, so does skepticism surrounding tires explicitly designed for them. Major tire manufacturers are prominently displaying EV logos on tires that they claim are EV-compatible. However, some wonder whether this is a marketing gimmick to sell a new kind of tire. The question lingers: Is it necessary to distinguish tires designed for EVs and those intended for internal combustion engine vehicles?

Kumho Launches New All-Weather Grand Touring Tire

Kumho said the new Solus HA32 features a V-shaped directional tread pattern, 3PMS rating and a pine resin compound for improved snow and wet traction.

PRT Launches New Complete Strut Assemblies

The new product release represents nearly 4 million vehicles in new coverage.

PRT-new-products
Hankook Extends Grand Slam Rebate

Consumers who purchase at least four tires from eligible lines will qualify for the Grand Slam Rebate, with savings of up to $100.

AMN Drivetime with Mann+Hummel’s Kurk Wilks

Kurk Wilks, president and CEO, delves into how advanced technology and customer needs are shaping future products.

Drivetime_ Wilks

Other Posts

Linglong’s New North American Subsidiary President Maps Out Growth Strategies

Geoff Doster, president of Linglong N.A. Sales, discusses the company’s position in the market as well as his goals for the new subsidiary.

WT-linglong-1400x700
Linglong’s New North American Subsidiary President Maps Out Growth Strategies

Geoff Doster, president of Linglong N.A. Sales, discusses the company’s position in the market as well as his goals for the new subsidiary.

WT-linglong-1400x700
Mitchell Releases Latest EV Collision Trends Report

Mitchell’s report revealed EV total loss rates and intricacies in collision repair costs compared to ICE vehicles.

EV-charging
DMA Introduces RideMaster Suspension and Control Arm Product Line

DMA said it launched a full RideMaster line of coils, control arms, and air components, meeting or exceeding OE quality benchmarks.

RideMaster-ride-control