Sumitomo Rubber Industries Ltd., parent company of Sumitomo Rubber North America, says it has developed a "groundbreaking new technology" for detecting tire wear levels.
Cheng Shin Rubber Ind. Co. Ltd. has won a bit of a reprieve from the tariff rates the Department of Commerce initially assessed on its tires imported into the U.S. from Taiwan.
Bridgestone Corp. has revised its financial forecast for its fiscal 2020. The Tokyo, Japan-based company expects its revenue to increase by 3.5%. Its adjusted operating profit is expected to climb 48%.
Blackburn OEM Wheel Solutions has improved its free transit shipping times across the United States. The enhancements impact Blackburn's next day (one business day) and second day (two business days) shipping zones.
Let’s say you’re a tire manufacturer faced with the prospect of tariffs. How do you prepare? Hankook & Co.'s recently published full-year 2020 report provides a glimpse into measures the company is taking.
Sumitomo Rubber Industries Ltd. plans to invest $122 million to increase daily production capacity from 8,250 tires to 14,300 tires for passenger cars, light trucks and medium trucks at its plant near Buffalo, N.Y.
Former TBC Corp. President, CEO and Chairman Larry Day has died. Day, who joined TBC in 1998 and retired from the company in 2014, "led TBC to much success and growth during his tenure," says Erik Olsen, TBC's current president and CEO.
Nokian Tyres plc's net sales in 2020 totaled 1.3 billion euros, a decline of 13.3% from full-year 2019 results. The company's operating profit also declined during 2020, totaling 190.2 million euros.
Goodyear Tire & Rubber Co.'s full-year 2020 net sales totaled $12.3 billion, a 16% decline from 2019 levels. The Akron, Ohio-based tiremaker also suffered a net loss of $1.3 billion for the year versus a loss of $311 million during 2019.
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