Iori Suzuki Becomes Chairman of Toyo Tire Holdings of America

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Iori Suzuki, currently president and CEO of Toyo Tire Holdings of Americas Inc. (TTHA), will add the title of chairman of the company to his title.

Suzuki will continue in his role as corporate officer of the company. He succeeds James L. Hawk, CEO of Toyo Automotive Parts (USA), Inc., and chairman of Toyo Tire North America OE Sales LLC. Hawk concluded his chairman roles on December 31, 2018. He will assume the position of senior advisor to the Toyo Tire group.

Read the source article at Tire Review

Nitto invests to understand, better serve its customers

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CYPRESS, Calif.—A few years ago, Nitto started seeing conversations online and through social media from people in Europe wondering when the Nitto tires they had ordered would arrive.

Read the source article at Rubber and Plastics News

Toyo changes official name, reshuffles executives

Toyo has made a number of organizational, structural and personnel changes, including an executive reshuffle.

First, the company will change its corporate trade name from Toyo Tire & Rubber Co., Ltd. to Toyo Tire Corporation, effective on 1 January 2019. According to the company, the corporate name change will leverage “getting our business operations rolling with the aim of strengthening governance and achieving further growth, which we will endeavour to implement under a new management structure.”

Read the source article at Tyrepress

Toyo Tires US to invest US$138m in Cartersville

Toyo Tire North America Manufacturing is to invest over US$138m in its factory in Cartersville, Georgia, USA, creating more than 150 jobs.

“As the number one state for business, Georgia offers the strategic resources necessary to retain dynamic companies and support industry leaders in long-term growth,” said Nathan Deal, governor of Georgia.

Read the source article at Tire Technology International

Toyo to increase tire prices on January 1

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CYPRESS, CA — Toyo Tire U.S.A. Corp. will increase dealer base prices on select passenger, light truck and commercial truck tires, effective Jan. 1.

Read the source article at Tire Business

Online Tire Market Business Growth Statistics and Key Players Insights: Michelin, Bridgestone, BF Goodrich, Goodyear, Hankook

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Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.

Read the source article at openPR.com

Haulier Smith of Denny trials new ContiConnect and Yard Reader Station

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Scottish haulier Smith of Denny had the opportunity to trial the new Continental Tyres ContiConnect portal and Yard Reader Station ahead of its introduction to the UK market.

The system, which has now been launched, automatically reads and logs tire pressures and temperature from all trucks and trailers leaving and entering an operator’s yard. Smith’s director, Andrew Smith, said the system provided the utmost accuracy on the company’s 26 trucks and 50 trailers, and helped reduce truck downtime.

Read the source article at Tire Technology International

Toyo Tire U.S.A. Corp. Strengthens Sales Dept. To Support Growing Business

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Toyo Tire U.S.A. Corp. (Toyo Tires) announced several changes within the sales department to support the company’s growing business and dealer network.

Joining the company as director of sales, national strategic accounts, is Rob Lovi. Lovi has 14 years of tire industry experience including in management at Michelin North America. He served the past 10 years as vice president of sales and marketing for Vector Fleet Management.

Read the source article at Aftermarket News

Toyo Tires unveils noise reduction technology

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In recent years we’ve seen a number of tyre makers introduce noise reduction technologies that utilise foam insulation, with Continental, Hankook, Bridgestone, Sumitomo Rubber, Goodyear amongst those bringing their own version of the concept to market. Toyo Tire & Rubber Co. Ltd. has taken a different approach and sought instead to cut noise by modifying airflow within the tyre cavity. It calls its solution Toyo Silent Technology.

Read the source article at Tyrepress

Toyo Tire shareholders approve change of company name

Shareholders of Toyo Tire & Rubber Co. Ltd. approved the official change of company name to Toyo Tire Corporation at the company’s 102nd General Meeting of Shareholders on 29 March. The change of company name will take effect on 1 January 2019.

Read the source article at Tyrepress