Bridgestone Americas Tire Operations LLC (BATO) will adjust prices up to 5% on select passenger and light truck replacement tires sold in the U.S. effective Sept. 1, 2019.
Sales revenue from Yokohama Rubber Co. Ltd.'s Tires Business Segment was down 1.6%. However, revenue from its Aliance Tire Group (ATG) subsidiary was up 7.1%.
As if a new manufacturing plant and European production subsidiary weren't enough, Toyo Tire Corp. is opening its first European R&D center. Based in Willich, North Rhine-Westphalia, Germany, the center is scheduled to begin operation this fall.
Longtime Florida tire dealer James Bounds died on Tuesday, July 30, 2019, following a brief illness. He was 84.
The U.S. Tire Manufacturers Association (USTMA) has made big revisions to its outlook on tire shipments for 2019. Most notable is a projection that replacement passenger tire shipments will increase by 5.8 million units for the year.
Toyo Tire Corp. will build its first tire manufacturing plant in Europe. The company's board of directors also passed a resolution to establish a European tire production subsidiary.
"Our U.S. consumer replacement and commercial businesses continued to perform well in a challenging environment, aided by recent product launches,” said Richard Kramer following Goodyear Tire & Rubber Co.'s second-quarter 2019 results.
Next stop: Denver, Colo. The Tire Industry Association (TIA) will be holding a Certified Automotive Tire Service (ATS) Instructor class in Denver Aug. 13-16.
The new TerrainContact H/T from Continental Tire the Americas LLC is a premium highway terrain all-season tire for pickup trucks and full-size sport utility vehicles (SUVs).
Toyo Tire Corp. plans to expand annual production at its Toyo Tire North America Manufacturing Inc. manufacturing facility in Bartow County, Ga., by more than 1 million tires.
Continental Tire the Americas LLC is offering a summer rebate for consumers through August.
K&M Tire Inc. is putting the finishing touches on the purchase of Cadillac Wholesale Tire Inc. The acquisition will be finalized as of July 15, 2019.
Continental Tire the Americas LLC is targeting the light truck tire market with the release of two new tires: the TerrainContact H/T for pickup trucks and full-size SUVs, and the CrossContact LX25 designed for CUVs and small SUVs. Combined, they cover 84% of the highway/terrain (H/T) segment.