Yokohama Supports Philippines Typhoon Victims
The Yokohama Rubber Co. and its overseas group of companies donated 13.1 million yen to the Red Cross to support the organization’s efforts to aid Philippines typhoon victims. YRC donated roughly 5 million yen to the Red Cross in Japan, while eight group subsidiaries including that in the U.S. donated 3.6 million yen. Additionally three
Chinese Authorities Look at Aeolus Disclosure
Aeolus Tyre reported that the China Securities Regulatory Commission has contacted the company over potential disclosure violations. In a Chinese-language statement, the tyre maker confirmed that the Henan branch of the CSRC has looked into a number of issues. Aeolus wrote that it would cooperate with the CSRC and undertake corrective actions within 30 days
Triangle Building New Factory
In November Triangle announced that it is building its fifth plant in Weihai, Shandong Province, China. The news, which was first revealed at the SEMA show in Las Vegas in early November, followed renewed speculation about whether or not the company was planning to build a Russian factory earlier this year. This plans suggestions were
Triangle Opens Sales, Marketing Center
While production capacity and scale can be impressive, what most Chinese-based tire manufacturers have failed to do is establish themselves as makers of quality products that command quality prices around the world. With this in mind, the fact that Triangle appointed a new global marketing vice-president (a European ex-Goodyear man Jenner Powell) in the middle
Bridgestone Saying More Tires, Jobs for Brazil
Bridgestone Americas, through its Bridgestone Brazil unit, is investing roughly $63 million to expand its tire manufacturing plant in Camaçari, Brazil. The investment builds upon previous investments and is an effort to better serve consumer demand, the tiremaker said. The expansion will increase the plant’s total capacity to more than 10,000 tires per day. The
Yokohama Rubber Expands Thai Tire Proving Ground
Yokohama Rubber builds to its Tire Test Center of Asia, adding new test courses.
BREAKING NEWS: Delaware Supreme Court Rejects Cooper Appeal
Bloomberg BusinessWeek this afternoon reported that the Delaware Supreme Court has rejected Cooper Tire & Rubber Co.’s appeal of a lower court judge’s decision in favor of acquisition suitor Apollo Tyre. The court issued “a terse one-page statement today signed by Justice Randy J. Holland, dismissing the appeal of a ruling in Delaware Chancery Court,”
Tire Labeling Beginning to have Effect
There are already signs that European tire labeling is having an effect on the purchasing decisions of consumers, that’s the view of Continental representatives shared at the company at its recent annual trends briefing in London. Conti’s reading of market response to labeling follows a number of different view proffered by other manufacturer, supplier and
Award Spotlights Contidrom’s Test Facilities
The Contidrom test facility operated by Continental near its Hannover headquarters in Germany has been named ‘Proving Ground of the Year 2013’ by Automotive Testing Technology International magazine. The 12-person judging panel presiding over the 2013 awards are said to have been particularly impressed by the Automated Indoor Braking Analyzer (AIBA) facility, which opened at
Mitas Signs OE Deal with Claas
Mitas has announced that the Czech tiremaker signed a long-term agreement with Claas at the recent Agritechnica event. “Our cooperation with Claas is excellent. We are continuing our collaboration, which dates back to 2004, when Mitas acquired the Continental farm tire manufacturing division,” said Andrew Mabin, Mitas’ marketing and sales director. Today Claas uses Mitas
Yokohama Makes Personnel Changes
Yokohama has published details of a number of personnel changes scheduled to take effect on Jan. 1, 2014. These include Director Yuju Goto swapping his role as Tire Business president for that of Chief Tire Production Officer (he will remain Head of the Tire Production division). Atao Kishi will become President of Yokohama Tire Retread
Vredestein and Carlsson Extend Cooperation
Vredestein and German tuner Carlsson have agree to extend their cooperation agreement for a further three years following the signing of a new contract on Dec. 3. This partnership is part of Vredestein’s Premium Styling concept and has already resulted in unique Mercedes-Benz models styled by Carlsson. In the coming years, the cooperation will move