Sumitomo Rubber Industries reports strong growth in Europe

In the past financial year, Sumitomo Rubber Industries (SRI) significantly increased its sales revenue, and the company’s European business played its part in achieving this result. Overall sales rose 16.0 per cent to 756.70 billion yen (£5.1 billion).

Read the source article at Tyrepress

Falken OE on Ram 1500

The Falken Wildpeak A/T AT3WA has been selected by Fiat Chrysler Automobiles as a factory-fitted option for the all-new 2019 Ram 1500 pickup truck. According to Sumitomo Rubber North America, Inc., the Wildpeak A/T will be supplied for mounting on the Ram 1500 in sizes LT275/65R18 (113/110S) and 275/55R20 (113T).

Read the source article at Tyrepress

Michelin, Sumitomo to enter landmark distribution agreement

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Michelin North America Inc (MNAI) and Sumitomo Corporation of Americas (SCOA) announced a definitive agreement to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture, forming the second-largest player in the wholesale tire market in the United States.

Read the source article at Traction News

Prices going up on select Falken-brand tires

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RANCHO CUCAMONGA, Calif. — Sumitomo Rubber North America Inc. is raising prices on a limited number of Falken-brand consumer and commercial products in order to “properly position these tire lines in the marketplace.”

Read the source article at Tire Business

Sumitomo Rubber North America Wins Technology Award for Mobile App

Sumitomo Rubber North America Inc. (SRNA) has won the 2017 Ventana Research Leadership Award in the Digital Technology category.

SRNA was honored for developing an iPad application that gives its sales personnel easy access to competitor pricing, fitments for popular vehicles in the area, and more. The app combines data from SRNA’s enterprise resource planning (ERP) and sales systems with tire market data to provide salespeople with the insight needed to do their jobs better, and help customers make informed purchasing decisions. 

Read the source article at Modern Tire Dealer

Sumitomo rolls out ‘Smart Tyre’ innovation roadmap

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TOKYO — Sumitomo Rubber Industries Ltd. has set out a series of targets for its development of innovative tire products to meet increasing requirements around safety, sustainability and connected mobility.

Read the source article at Tire Business

Global tire rankings: Bridgestone reigns supreme again

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AKRON —Status quo reigned over the 2017 global tire rankings, even as the estimated value of the entire industry declined for a third straight year.

Read the source article at Tire Business

Falken to Replace Dunlop at Sumitomo Plant in Buffalo

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Sumitomo Rubber has announced it will stop U.S. OE production of Goodyear’s Dunlop brand in 2018 at its Buffalo, N.Y., plant to instead focus on it’s own Falken Tires brand, according to an article in Nikkei Asian Review.

The plant was acquired from Goodyear in 2015 when Sumitomo Rubber ended its partnership.

Read the source article at Tire Review

Sumitomo earnings plunge; sales up 12%

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KOBE, Japan — Sumitomo Rubber Industries Ltd. suffered double-digit drops in operating and net income for the quarter and half-year ended June 30, but is still raising its earnings forecast for the full fiscal year.

Read the source article at Tire Business

Falken signs sponsorship deal with Liverpool FC

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RANCHO CUCAMONGA, Calif. — Sumitomo Rubber Industries Ltd.’s (SRI) Falken tire brand has become a global partner and official tire partner of the Liverpool Football Club soccer team.

Read the source article at Tire Business