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China factory the start of Yokohama Rubber’s ‘1-year plant’ challenge

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According to Yokohama Rubber, the groundbreaking ceremony held for its new Hangzhou Qiantang Yokohama Tire Co., Ltd. plant in China last Monday marks the start of construction of the first plant it is building under the ‘1-year plant’ challenge, the company’s strategy for growing its consumer tyre business. The aim of the 1-year plant challenge is to quickly construct efficient, low-cost manufacturing facilities to gain a “strong competitive position” within local markets, synergising Yokohama Rubber’s own experience with that of local partners.

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Related news:

  1. Groundbreaking for Yokohama Tire plant in China
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  3. YOHT opens 3rd plant in India
  4. Groundbreaking for Giti Tire’s Hefei plant
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Groundbreaking for Yokohama Tire plant in China

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Yesterday morning, Yokohama Rubber held a groundbreaking ceremony for its Hangzhou Qiantang Yokohama Tire Co., Ltd plant in China. Yokohama Rubber intends for the factory to begin operations in 2026 with an initial production capacity of 9 million passenger car tyres a year, a quantity that will deliver estimated annual revenues of RMB 3.5 billion (£379.6 million). The factory’s planned final yearly capacity is 14 million tyres.

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Related news:

  1. YOHT opens 3rd plant in India
  2. Groundbreaking for Giti Tire’s Hefei plant
  3. TRW to open three new plants in China
  4. Michelin breaks ground on Mexico tyre plant
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Exceptionally well-suited – Y-ATG on Noronha promotion

Yokohama Rubber Company has commented on the upcoming appointment of Angelo Noronha to the role of President & CEO of Yokohama-ATG, with Co-Chief Operating Officer Nitin Mantri stating that Yokohama Rubber is “excited to have Angelo lead Y-ATG.” Noronha, who is currently President of Global Aftermarket Sales, will take on this new remit from 1 January 2025.

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Related news:

  1. Noronha named Y-ATG President & CEO
  2. Reduced lead times: YOHT’s newest plant
  3. Yokohama Rubber names Yamaishi Chairman & CEO
  4. YOHT opens 3rd plant in India
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Noronha named Y-ATG President & CEO

From 1 January 2025, Angelo Noronha will hold the positions of President and Chief Executive Officer within The Yokohama Rubber Co Ltd.’s Yokohama ATG business. Noronha is currently President of the ATG Global Aftermarket Business.

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Related news:

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Yokohama debuts Advan Winter V907 as Mercedes-AMG option

The first new winter tyre to join the Yokohama Advan range in 17 years will arrive in 2025. Yokohama will introduce the Advan Winter V907 in a range of sizes for the aftermarket next year, following the tyre’s recent debut as an approved tyre for the Mercedes-AMG E-Class. Yokohama Rubber adopted a similar approach with its Advan Sport V107, first launching the UHP tyre as original equipment on the BMW X3 & X4 in 2019, followed by its expansion into the replacement market in 2022.

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Related news:

  1. Yokohama Advan tyres OE on 2 Mercedes-AMG models
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Yokohama Rubber announces senior management changes

Effective 1 January 2025, Yoshikuni Nakamura will assume the position of President of Yokohama Rubber’s Thailand-based subsidiary, Yokohama Asia Co., Ltd. In addition, he will take on the roles of Chairman of Yokohama Tire Manufacturing (Thailand) Co., Ltd., as well as Chairman of regional subsidiaries Yokohama Tyre Sales Malaysia Sdn. Bhd., Yokohama Tire Sales Philippines, Inc., and Yokohama Tyre Sales Vietnam Co., Ltd. Nakamura will succeed Tadaharu Yamamoto, who will transition to Nakamura’s former role as Head of Yokohama Rubber’s Corporate Social Responsibility Division at the start of the year.

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Related news:

  1. Senior management changes at Yokohama Rubber
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  4. Japanese tyremakers lead the way in share price performance
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Yokohama Rubber closing Israel OHT plant

After more than seven decades in operation, the Yokohama Rubber Co. Ltd. (YRC) plant in Hadera, Israel will stop producing tyres by the end of this year. The tyre maker announced today that it will cease operations at the former Alliance Tire Group (ATG) facility as it is becoming increasingly uncompetitive against plants in the Asia region.

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Related news:

  1. Yokohama rebrands ATG business
  2. YOHT opens 3rd plant in India
  3. $171m investment: Capacity at Yokohama OHT’s new plant to double
  4. Yokohama consolidates OTR tyre businesses into Yokohama Off-Highway Tires
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Yokohama Rubber partnering to develop new uses for rubber seeds

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Beginning in September 2024, The Yokohama Rubber Co., Ltd. is participating as an official partner in a research project that aims to reduce wastage when harvesting natural rubber by utilising the seeds of Para rubber trees. This “Utilization Technology of Rubber Seeds for Green Products to Mitigate Global Warming and Plastic Pollution” project brings together protagonists from government bodies, industry, and academia in Japan and Thailand, with Japan’s government providing support through its Science and Technology Research Partnership for Sustainable Development (SATREPS) programme.

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Related news:

  1. Yokohama Rubber engaging in sustainable procurement initiative
  2. Tyre sensor development – Yokohama Rubber working with Alps Alpine
  3. AI compounding: Yokohama Rubber introduces latest technology
  4. Bridgestone partnering to prevent rubber tree disease
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Yokohama tyres OE on Mazda, Honda

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Yokohama Rubber has announced two further original equipment supply agreements for international markets. These OE deals involve models from the Yokohama Advan and BluEarth ranges.

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Related news:

  1. Advan V61 OE on Mazda CX-90
  2. Commercial debut for Yokohama’s fin tech on Advan A50
  3. Yokohama tyres OE for BMW X4
  4. Updated Yokohama OE tyres for BMW X3 & X4
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Commercial debut for Yokohama’s fin tech on Advan A50

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Yokohama Rubber has commercially introduced a new technology it has been working on for a number of years, aerodynamic fins that improve handling stability. It debuted this feature on the Yokohama Advan A50, a size 165/50R16 75V tyre currently only available in Japan as an original equipment fitment on the Daihatsu Copen two-door convertible kei car.

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Related news:

  1. Advan V61 OE on Mazda CX-90
  2. Yokohama begins ‘renewable’ Advan production
  3. Yokohama Rubber boosting motorsport tyre capacity at Mishima plant
  4. Yokohama Advan tyres OE on 2 Mercedes-AMG models
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Yokohama tyres OE on BMW M2

Yokohama Advan Sport V107 tyres are now an original equipment fitment for the BMW M2, the high-performance compact sports car introduced by BMW M GmbH in April 2024. Yokohama Rubber is supplying the tyre in 275/35ZR19 (100Y) for the front wheels and 285/30ZR20 (99Y) for the rear.

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Related news:

  1. Yokohama tyres OE on BMW, Mercedes
  2. Yokohama Advan for BMW X7 & XM
  3. Yokohama tyres OE for BMW X4
  4. Updated Yokohama OE tyres for BMW X3 & X4
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Yokohama Rubber reports record first-half financial results

On 9 August, The Yokohama Rubber Co., Ltd. announced its financial performance for the first half of fiscal 2024, publishing results that necessitate an upward revision of full-year earnings projections. The company’s sales revenue for the period surged by 18.5% year-on-year to a record ¥525.3 billion (£2.81 billion). Business profit climbed 113.4% to ¥54.6 billion (£292.4 million), operating profit increased by 99.6% to ¥56.3 billion (£301.7 million) and profit attributable to owners of parent grew by 68.3% to ¥46.6 billion (£249.9 million).

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Related news:

  1. Higher sales, earnings at Yokohama Rubber in Q1 2018
  2. Yokohama Rubber – Q3 2018 profit affected by asset impairment charge
  3. Yokohama Rubber announces record earnings
  4. Yokohama Rubber: Record sales, lower profit in Q1 2022
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Yokohama Rubber enhancing tyre design with explainable AI

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From July, Yokohama Rubber is supporting its tyre development programme with a system that uses eXplainable AI (XAI) to make the development process clearer and more efficient. This advanced system aims to improve the work of both seasoned and less experienced tyre developers, reducing lead times and cutting costs.

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Related news:

  1. AI compounding: Yokohama Rubber introduces latest technology
  2. Yokohama Rubber using AI to predict rubber properties
  3. Another Caterpillar platinum award for Yokohama
  4. Detecting tyre wear with waveforms – Yokohama Rubber unveils new method
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Yokohama Rubber acquiring Goodyear OTR business

A week and a half after confirming its interest in acquiring The Goodyear Tire & Rubber Company’s Off-the-Road (OTR) tyre business, The Yokohama Rubber Co., Ltd. has announced that it has entered into a purchase agreement valued at US$905 million in cash. Completion of the acquisition is conditional on the usual regulatory approvals and is expected to close by early 2025.

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Related news:

  1. Yokohama consolidates OTR tyre businesses into Yokohama Off-Highway Tires
  2. Conti acquisition of Goodyear OTR ‘a complementary fit’ and analysts’ preferred ‘area for capital allocation’
  3. Yokohama confirms interest in Goodyear OTR
  4. Luxembourg: Goodyear investing in OTR tyre production
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Yokohama tyres OE on Lexus GX 550

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Buyers of the 2024 Lexus GX 550 in North America and Japan have the option of selecting Yokohama Geolandar tyres with their new vehicle. Lexus has approved the Yokohama Geolandar X-CV (Pattern No. G057E) as an original equipment tyre for the SUV in size 265/55R20 113V for North America and 265/55R20 109V in Japan.

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Related news:

  1. Yokohama BluEarth-XT AE61 factory fitted on Lexus NX
  2. Lexus LBX riding on Yokohama tyres
  3. Advan V61 OE on Mazda CX-90
  4. European launch for Yokohama Geolandar X-MT
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