Maxam Tire Set to Acquire Latin America Joint Venture
Created in 2015, the Maxam Tire Latin America Joint Venture was structured to expand the equity of the Maxam Tire brand within the Latin America region and sought to help establish a new strategic partnership in the specialty tire business, the company said.
TPMS Partnership: Huf, Baolong Form Joint Venture BH SENS
The TPMS business units of Huf Hülsbeck & Fürst GmbH & Co. KG and Shanghai Baolong Automotive Group have formed a joint venture called BH Sens, the companies announced at the 2019 SEMA Show.
Tire Industry Mergers, Joint Ventures and FTC Approval
This year, we’ve seen four major tire manufacturers join together to streamline the distribution of their products through a joint venture. But how are these JVs approved? Here’s how it works.
Michelin Teams Up with CFAO Automotive to Market Its Tires in Kenya, Uganda
The Michelin Group and French company CFAO Group have signed an agreement to join forces to import and distribute Michelin tires in Kenya and Uganda.
Nexen Creates Joint Venture in Japan
Nexen Tire creates a joint venture in Japan with Toyota Tsusho Corp. – Nexen Tire Japan Inc.
YRC and Conti Terminate Joint Venture
The Yokohama Rubber Co. and Continental AG have decided to terminate their joint venture company, Yokohama Continental Tire Co. (YCC), effective end of March 2016. YCC was created in 2002 to meet the requirement set by Japanese and Korean carmakers for global procurement, according to a press release. Because Yokohama and Continental have both been
Goodyear, SRI Divorce Final
The Goodyear Tire & Rubber Co. has officially dissolved its global alliance with Sumitomo Rubber Industries. “This successful resolution enhances our flexibility to grow profitably as we focus on delivering strong performance and sustainable economic value,” said Richard Kramer, Goodyear chairman, CEO and president. “Despite current challenges in the global economy, the long-term growth prospects