Yokohama Rubber Co. Ltd. posted net income of 8.8 billion yen on net sales of 135.3 billion yen for the first quarter ended March 31, 2012.

Tags: Earthquake, Great East Japan earthquake, OE tires, Yokohama financials

Effective May 1, 2012, Michelin North America Inc. is increasing prices up to 6% on Michelin compact and agricultural tires sold in the United States and Canada.

Tags: Ag tires, Michelin financials, Price increase

Toyo Tire & Rubber Co. Ltd. posted net income of 4.1 billion yen on net sales of 241.6 billion yen for the first nine months of its 2011 fiscal year. That compares to income of 5.1 billion yen on sales of 226.5 billion yen for the same period the previous year.

Tags: Earthquake, Raw material costs, Toyo Financials

Beginning Jan. 1, 2012, Falken and Ohtsu brand passenger and light truck tires will cost dealers up to 5% more.

Tags: Andrew Hoit, Falken financials, Price increase

North America heavy GVW Class 8 commercial vehicle preliminary net orders for November, 2011, are coming in well below October actuals. The data comes from the latest report from Americas Commercial Transportation (ACT) Research Co. LLC.

Tags: ACT Research, Commercial Net Orders, GVW Class 8 Vehicles, Steve Tam

Roy Armes, chairman, CEO and president of the Cooper Tire & Rubber Co., says in its third quarter, the company was able to show improvement in its margins “even with the persistent challenges of high raw material costs and sluggish demand in key markets and product lines where we have significant exposure. Our sales growth resulted in the company's first quarter with over $1 billion of sales.”

Tags: company financials, Cooper Tire & RubberCo., Tire prices