As reported on 18 May, Kumho Tire has begun negotiations regarding its delivery of original equipment tyres to Yokohama Rubber. Kumho says that such a deal, if agreed upon, would help it increase the utilisation rate of its factories in China.
The Tire Cologne – the Koelnmesse organised rival exhibition to Messe Essen’s Reifen series, commencing in 2018 – has fired the starting pistol in its registration phase. The exhibition, which will take place in Cologne at the same time as Reifen 2018 in Essen (29 May to 1 June 2018), will feature important tyre and wheel business players from across the industry.
The Clarkson, Hammond & May Live tour will feature Yokohama as its Official Tyre Supplier. A renegotiated deal was struck to allow the motoring presenter trio to fulfil its live commitments despite Jeremy Clarkson’s infamous removal from the flagship BBC show. The result of the renegotiation was the removal of Top Gear branding and pre-existing material filmed alongside the presenters’ work on the TV show. The Japanese tyre manufacturer told Tyrepress that it has agreed to maintain its tyre supply deal for the three remaining weekends, with Yokohama branding and promotional materials to appear in and around the arenas in Belfast, Sheffield and London.
Yokohama Tire Corporation (YTC) will run its latest USA national rebate promotion between 22 and 25 May. Consumers purchasing a set of four select Yokohama tyres, including the Advan Sport A/S, and Geolandar G055 and H/T G056, will receive a $60 prepaid Visa card.
Kumho Tire and Yokohama Rubber Co., Ltd. are to enhance their recent partnership. Following the news that the two parties would cooperate in December 2013, Business Korea reports that Kumho and Yokohama are upgrading their agreement.
At the start of 2015 we examined the wider car tyre segment as part of Tyres & Accessories February’s “Passenger Car Tyre” feature. In short, we examined the spectrum of figures offered for the size of UK demand and found that most sources settle between 31 and 38 million units a year. Interestingly, some of the latest data points to the market being at the higher end of the spectrum – something that has not been very widely or openly acknowledged in the past.
The Yokohama Rubber Co., Ltd., established a Singapore subsidiary called Yokohama Rubber Singapore Pte. Ltd. in April. The new subsidiary, capitalized at US$20 million (all equity capital from Yokohama Rubber), is scheduled to begin full operations from mid-May.
The Yokohama Rubber Co., Ltd. has announced that Shigeo Komatsu will take on new management responsibilities, effective 15 May 2015. Shigeo Komatsu, who is currently director and managing corporate officer, head of Global Procurement Div., in charge of Corporate Finance & Accounting Dept., president of Yokohamagomu Finance Co., Ltd; adds president of Yokohama Rubber Singapore […]
Yokohama Rubber says its operating income in the first quarter of 2015 was its “highest first-quarter result ever.” The Japanese manufacturer achieved a 1.0 per cent increase in operating income to 11.8 billion yen (£62.9 million) on a 0.9 per cent decline in net sales to 138.7 billion yen (£739.3 million). This gave the company an operating margin of 8.5 per cent. Net income dropped 10.1 per cent to 5.8 billion yen (£30.9 million).
Building on the success of the European Seat Leon Eurocup, which uses Yokohama Advan racing slick and wet control tyres, the new-for-2015 Seat Supercup Ireland has followed suit, adopting the Japanese manufacturer as control tyre supplier for the ten-round series. The series will be supported by Yokohama’s Irish dealer, Murray Motorsport, which will not only provide the tyres each team is permitted for each race meeting but will also supply parts from Seat Sport.
The presence of Yokohama Rubber at the upcoming Auto Shanghai 2015 show has been confirmed. The exhibition will take place between 20 and 29 April, and the Yokohama stand will feature tyres from the company’s Advan, BluEarth, Geolandar and Neova ranges, along with Yokohama’s ‘aerodynamic tyre’, which will be displayed in China for the first time.
Top Gear Live is dead; long live Clarkson, Hammond and May Live! The deal struck this week following Jeremy Clarkson’s ignominious departure from Top Gear to salvage the extensive 2015 Top Gear Live schedule has underlined the ending of Clarkson’s association with the brand and the BBC. While a decision on the fate of the programme – and presenters Richard Hammond and James May – remains in discussions, the deal guarantees ticket holders to see most of the show for which they bought tickets. But are the show’s principle corporate supporters happy with the new arrangement?
Yokohama Rubber Co., Ltd., is to exhibit its line-up of aircraft lavatory products, including its retrofit module for use when upgrading current on-board facilities, at Hamburg Messe in Germany as Part of Aircraft Interiors Expo, which runs between 14 and 16 April. Yokohama Rubber manufactures and sells a wide range of aircraft components, including water […]
Yokohama’s Advan Sport V105 has been chosen by Mazda as original equipment for the latest version of its MX5 two-seater sports car. The tyre is the most recent addition to Yokohama’s flagship Advan ultra high performance range, developed for sports saloons, sports cars and supercars.
With coverage of ChemChina’s purchase of Pirelli waning, various newswires have been reporting market rumours that Bridgestone has been preparing a counterbid for Pirelli. However, in an interview with Reuters on 26 March, Pirelli CEO Marco Tronchetti Provera said that such a move would be “a disaster”. He supported ChemChina’s bid, on the other hand, saying it is: “good for the future of Pirelli and guarantees its global growth”.
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