Toyo Archives - Page 16 of 45 - Tyrepress

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Toyo opens new sales subsidiary as part of European restructuring

At present, Toyo Tire & Rubber is restructuring its Toyo Tire Europe GmbH subsidiary, with the aim of operating it as a holding company that will manage the tyre maker’s sales subsidiaries within Europe. Toyo says the restructuring will promote cohesive pricing policies and integrated marketing, optimal distribution and more agile management. As part of this, on 1 May Toyo Tire Europe will hand over sales activities for the German and Austrian markets to a new sales subsidiary, Toyo Tire Deutschland GmbH. This new subsidiary will have responsibilities similar to those held by Toyo Tyre (UK) Ltd and the company’s other national sales organisations. It will be located at the same address as Toyo Tire Europe and Naoki Gonsui will serve as president of both operations.

28th April 2014/by Tyrepress Editors

Toyo Open Country M/T tyre gains POR accreditation

Toyo Tires has announced that a further 12 fitments of its popular and effective Open Country M/T tyre have gained Professional Off Road (POR) accreditation, allowing them to be listed and sold outside of current EU labelling requirements. The tyre is already hugely popular with many off-road professionals, including multiple Dakar and Baja winner, Robby Gordon. The tyre is also being used this year by the Isuzu UK Works Rally Team, on appropriate events.

17th April 2014/by Tyrepress Editors

Toyo Tires becomes AC Milan premium sponsor

Company News, International News

An agreement concluded today between Toyo Tire & Rubber and Associazione Calcio Milan – AC Milan – gives the Japanese tyre maker Premium Sponsor status with the football club until June 2016. Toyo says the sponsorship deal will influence its global branding content and help the company to “more clearly bring out the potential premium image of the products we offer.” It anticipates “significant” medium-term advantages will result from the partnership in Europe and Asia, and in two regions where Toyo is “contemplating market expansion” – the Middle East and Russia.

11th April 2014/by Tyrepress Editors

Team Toyo driver to attempt new ‘car ramp jump’ record

International News

Toyo doesn’t produce aviation tyres, but this doesn’t stop its products getting airborne from time to time. On Sunday 16 March, a Toyo-shod vehicle will have a shot at the Guinness World Record for the longest car ramp jump; it’ll need a good run-up, as the record currently stands at 332 feet/101.19 metres.

12th March 2014/by Tyrepress Editors

Toyo SUV and 4×4 range an award winner

The Proxes T1 Sport SUV is designed to balance motorway stability with handling on both wet and dry surfaces and is a tyre that has been created specifically for the high load and speed demands of the current crop of ultra-high performance SUVs like the Porsche Cayenne Turbo. Featuring a tread pattern and compound that offers exceptional road-holding characteristics and highly effective water dispersal, the T1 Sport SUV is truly a tyre for those in a hurry.

7th March 2014/by Tyrepress Editors

Toyo joins TyreSafe

Company News, UK News

Toyo Tires has become the latest tyre manufacturer to join TyreSafe. The manufacturer said that it would campaign alongside TyreSafe’s other members from a wide variety of sectors, including councils and insurers as well as companies within the tyre industry, to help raise awareness about the dangers associated with illegal and defective tyres. The manufacturer added that it would seek to enhance its tyre safety message with TyreSafe’s help.

6th March 2014/by Andrew

Toyo previews 2014 BRSCC Porsche Championship

Entering its seventh year as series title sponsor and tyre supplier, Toyo Tires says the BRSCC Porsche Championship has seen an encouraging amount of pre-season registrations promising capacity grids for 2014. Using Toyo’s R888 as control tyre for all competitors, the Toyo Tires BRSCC Porsche Championship sees Boxsters and classic 924s battling for supremacy on […]

5th March 2014/by Andrew

Toyo backs Isuzu UK works rally team

Toyo Tires will be the technical partner to Isuzu UK for the pick-up truck manufacturer’s team in the Britpart MSA British Cross Country Championship (BCCC) 2014. The deal means the Japanese manufacturer’s motorsport team will supply the Isuzu UK rally team with tyres all season, as well as advising on set-up and usage.

5th March 2014/by Andrew

Former Marangoni, Toyo manager appointed Dmack sales director

Dmack has appointed Greg Graham as its new sales director, tasked with building on the brand’s establishment in motorsport, epitomised by its supply to the FIA World Rally Championship, to generate interest in the road-going passenger car tyre range. Graham has moved to Dmack after working for eight years as Marangoni’s sales & marketing manager […]

24th February 2014/by Andrew

Toyo increases turnover and operating profit – but net profit down in 2013

Turnover at Toyo Tire & rubber rose 27 per cent during the 2013 financial year to ¥370 billion (£2.2 billion), the company reports, while operating profit almost trebled to ¥38.3 billion (£224.6 million); operating margin was 10.3 per cent. Despite these favourable figures, Toyo’s bottom line was significantly below its result a year earlier; net profit fell 12.3 per cent to ¥11.6 billion (£68.0 million).

17th February 2014/by Tyrepress Editors

Toyo’s Nakaura to take on ‘emeritus’ status

Toyo Tire & Rubber gives word that the chairman of its Board of Directors Kenji Nakakura will relinquish this role on 28 March 2014. The 64-year old will be named an executive emeritus of the company. Nakakura commenced as chairman and representative director on 28 March 2013.

17th February 2014/by Tyrepress Editors

Toyo establishes Mexican subsidiary

Toyo Tire & Rubber reports it has expanded its automotive operations in the Americas with the establishment of Toyo Automotive Parts De Mexico S.A. DE C.V. The subsidiary specialises in automotive anti-vibration products and began operation in January. The Japanese company says the opening of Toyo Automotive Parts De Mexico will enable it to bolster sales of automotive anti-vibration rubber products in the global market through the creation of an optimal supply structure in Mexico, a location it expects will continue to grow as a global production and export base for motor vehicles.

3rd February 2014/by Tyrepress Editors

Australian tyre stewardship scheme launched

International News

An industry-driven tyre stewardship scheme was launched by the Australian Government today. The scheme is backed by the Australian Tyre Industry Council and has been established with funding from tyre importers Continental, Goodyear Dunlop, Michelin, Pirelli, Toyo and Yokohama. It aims to tackle the environmental challenges arising from used tyres.

20th January 2014/by Tyrepress Editors

New sales VP, regional sales VPs at Kumho Tire U.S.A.

Kumho Tire U.S.A. has announced several recent additions to its sales force. John F. Hagan has been appointed the company’s new national sales vice-president, while Kirk Papazian joined the company in September as vice-president of sales for the Western Division and Stephen Clave became Kumho Tire U.S.A.’s vice-president of sales for the Eastern Division as of 1 November 2013.

17th December 2013/by Tyrepress Editors

Subaru UK offers free winter tyres and wheels to BRZ buyers

Product News, UK News

Subaru UK is offering customers buying a new Subaru BRZ sports car some early festive cheer with a free set of alloy wheels and cold weather tyres, worth a combined £1095 including fitting.

12th December 2013/by Tyrepress Editors