Shimizu appointed president of Toyo Tire Holdings

Toyo Tire Holdings of Americas Inc. reports the company’s president, Masaharu Yoshimoto, will be retiring at the end of March, and that Takashi Shimizu has been appointed its president effective April 1.


Toyo plans another truck tire price increase

Toyo Tire U.S.A. Corp. will increase prices on its commercial truck tires by up to 7% effective Feb. 1, 2010. The increases, which will included in-line adjustments, are necessary because of rising raw material costs, according to the company.


Team Toyo drivers win championships

Team Toyo drag racers, Gary Forkner and Thomas Bayer, both won championships this past weekend in the competitive Division 7 (Pacific Division) of the NHRA Lucas Oil Drag Racing Series.


Toyo in 1Q: overall loss, decrease in sales

Toyo Tire & Rubber Co. Ltd. posted a net loss of 2.6 billion yen on net sales of 62.3 billion yen for its first quarter ended June 30, 2009. That compares to a net loss of 1.4 billion yen on sales of 86.6 billion yen for the same period in its previous fiscal year.

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