Pirelli, Yokohama Announce Price Increases
Pirelli Tire North America has announced that it is increasing prices on all of its passenger and light truck/SUV tires by between 3 and 5 percent. The Rome, Ga.-based tiremaker said the increase will take effect this December, and was due to escalating raw material costs. Earlier this week, Pirelli SpA announced a global 3 to 5 percent price increase on all types, sizes and brands of tires the company makes around the world.
Falken Tire to Debut New Spec Sport Radial at SEMA Show
Falken Tire Corp. has announced it will debut next month its next generation of race tuned (RT) Spec Sport Radials designed for the North American and global markets.
Japan’s Fair Trade Watchdog Raids Bridgestone, Other Tiremakers
Japan’s fair trade watchdog on Thursday raided offices of Bridgestone Corp. and more than 10 other tiremakers on suspicion of rigging bids for supplies to the military, a government official said. The Fair Trade Commission launched raids on industry leader Bridgestone, Yokohama Rubber Co. Ltd., Toyo Tire and Rubber Co. Ltd. and more than 10 other tiremakers, the official said.
Yokohama Announces Changes in Corporate Governance, Fiscal Results
On May 13 at its board of directors meeting, The Yokohama Rubber Co. announced changes in directorships and the introduction of the position of “corporate officer.” The changes will become effective upon approval at a shareholders meeting scheduled for June 29. Hisao Suzuki, vice president, representative director, will retire from the board of directors, and Yasuo Tominaga will assume the responsibilities of chairman and representative director. Tadanobu Nagumo will become president and representative director.
National Tire Safety Week Participation Growing
The Rubber Manufacturers Association (RMA) has announced that participation in the third annual National Tire Safety Week has doubled this year, with more than 8,000 tire retail stores participating. As part of the campaign, tire retailers will distribute “Be Tire Smart” brochures produced by RMA. The Rubber Manufacturers Association (RMA) has announced that participation in the third annual National Tire Safety Week has doubled this year, with more than 8,000 tire retail stores participating. As part of the campaign, tire retailers will distribute “Be Tire Smart” brochures produced by RMA.
TIA Off-The-Road Tire Conference Set for Feb.
The Tire Industry Association’s (TIA) Off-The-Road (OTR) Tire Conference is set to take place next month in central Florida. This annual event attracts the largest gathering of executives and business owners that manufacture, service, repair, retread or supply products for the OTR market. Off-road racer Walker “The Legend” Evans will be the keynote speaker for the event. The OTR Tire Conference takes place Thursday through Saturday, February 26-28, at the Gaylord Palms Resort in Kissimmee, Fla.
Lehigh Technologies Adds Industry Vets To Its Ranks
Lehigh Technologies Inc. announced that Jim MacMaster, former executive vice president and chief operating officer at Yokohama Tire Corp. North America, has joined its board of directors. Lehigh also appointed Adel Halasa, a polymer scientist formerly with Goodyear Tire & Rubber Co., to its advisory board.
Armed Thieves Steal Loaded Trailers from YTC Warehouse
Masked and armed robbers stole more than $500,000 worth of tires from Yokohama Tire Corp.’s Fullerton, Calif., warehouse May 18.
Toyo, CTNA Issue Recall Notices
Following Yokohama Tire Corp.’s recall of 69 medium truck radials produced by GTY Tire Co., a joint venture between Yokohama, Continental Tire North America (CTNA) and Toyo Tire USA Corp., both Toyo and CTNA have issued their own recall notices. All told, 142 tires are being recalled. Toyo is recalling 24 medium truck tires produced at the plant. CTNA issued a non-specific statement relating to the entire group of tires being recalled. However, the remaining 49 tires being sought are believed to be Continental and/or General brand medium truck tires.
The Wheel Group Names Mena Shenouda Brand Manager
TWG says Shenouda brings valuable tire-industry experience to help spearhead growth for the Amp Tires brand.
