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YRC and Conti Terminate Joint Venture

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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.

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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 expanding their global production networks, YCC’s purpose has been achieved and the companies have agreed to expand business on their own.

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