Toyo Sales Up, Income Down in Half Year Results
Toyo Tire & Rubber Co. has released its consolidated business results for the first half of its fiscal year, ending Mar. 31, 2009).
MNA Takes Increase for Ag Tires
Michelin North America is increasing prices by an average of 11% on Michelin and Kl
MRF Profits Down in Q3 Despite Increased Sales
Increasing raw material and personnel costs are said to be two of the key factors behind lower net profits for India’s MRF in the financial year’s third quarter.
Toyo to Build New Facility, Increase Capacity
A new manufacturing facility in Asia and increased capacity in North America have been announced by Toyo Tire & Rubber in order to reinforce its tyre business’s global supply system.
Yokohama Posts Increase in Operating Income
The Yokohama Rubber Co. announced its operating income increased 57.2%, to 33.1 billion yen, in the fiscal year that ended Mar. 31.
Cooper Recall Includes PBs, Nokian; BFNAT Has Recall
Cooper Tire & Rubber Co.’s recent recall of 48,037 light truck radials includes private brand and off-take models produced for and sold by TBC, American Car Care Centers, Nokian Tyres and Sure Tire.
Sales, Income Up for Bridgestone
Bridgestone Corp. claimed a 55% increase in net income for 2007, to $1.2 billion, against sales of $31.5 billion for the year.
Toyo Net Income Muted Despite Healthy Sales
Toyo Tire & Rubber Co. has released details of business performance for the first three quarters of the financial year ending Mar. 31, 2008.
Michelin Full-Year Sales & Income up in 2007
In its 2007 financial results, published February 15, French tyre major Michelin has reported increased sales and a markedly higher net income than that of the previous year.
Nokian Annual Results Show Increased Sales, Profits
Nokian Tyres reports that its net sales increased 22.6% during 2007 to 1.025 billion euros.