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.
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.
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.
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.
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.
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.
Rubber material development teams at Toyo Tire & Rubber (Toyo Tires) have been working on the company’s ‘Nano Balance Technology’ since 2011, and have now developed a new process development technology that improves fuel efficiency in truck and bus tyres.
Toyo Tire & Rubber Co.’s board of directors passed a resolution to change the company’s name to Toyo Tire Corporation, effective January 2019.
The company said the name change reflects its increasing focus on “mobility” at its core field of business, according to a press release on Supplier Insight.
Tyrepress reported that the company’s new name must be approved as a partial amendment to the firm’s Articles of Incorporation at its shareholders meeting March 29.
Toyo Tire & Rubber Co. has announced changes to its organizational structure, assignments for corporate officers and personnel changes, taking effect the start of February.
Toyo’s President and CEO Takashi Shimizu said in a press release that the company changed its organizational structure to better align with its operational functions and reinforce management in each of the company’s divisions: R&D, sales, production and other corporate functions.
As of today, Nobuo Yoshida is president of Toyo Tyre (UK) Ltd. He replaces Keishi Inoue in this role. Inoue had been president of the UK-based operation since 1 January 2014, and now becomes general manager of the newly-established International Sales Department No. 1 within Toyo Tire & Rubber’s International Sales Division. This department, together with the new International Sales Department No. 2, replaces the division’s International Sales Department and Global OE Sales Department under restructuring measures that take effect today.