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Williams and Toyota F1 Teams Leave Michelin

Michelin has confirmed it will end its F1 links with Williams and Toyota in a press conference at Spa-Francorchamps on Saturday evening. As expected the company also suggested it would pull-out of Formula 1 altogether if it became a single supplier series. However the sport’s governing body, the FIA, hit back at Eduoard’s Michelin’s statement saying: “If Mr Michelin is not aware of these simple facts he shows an almost comical lack of knowledge of modern Formula 1.”

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  1. F1 Tyre Ruling Causes Controversy
  2. Tyres Will Decide F1 Title, says Alonso
  3. F1 No Closer in 2007 – Trulli
  4. Michelin Could Consider F1 Return
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Yokohama Rubber to Exhibit Advan at IAA 2005

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The Yokohama Rubber Co, Ltd is to exhibit at the 61st International Motor Show (IAA) Passenger Cars 2005 in Frankfurt, Germany from September 13 to 25. The company’s exhibit will go under the theme of “Further Evolving Advan – A Global Flagship Brand.” Yokohama says it will show visitors its commitment to becoming a world leader in tyre brand development through three aspects – its flagship product line-up, OE activities and motorsports activities.

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Related news:

  1. Continued Evolution
  2. IIRC 2007 Discusses Raw Material Crunch
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Forbes Says Tyre Price Hikes Coming

Forbes.com has reported that Sumitomo Rubber Industries Ltd, Yokohama Rubber Co. and Toyo Tire & Rubber Co. plan to increase prices on their “synthetic-rubber tyres” by four per cent to seven per cent sometime this fall. While none of the companies has made a formal increase announcement, Forbes.com said Japan’s major chemical companies and companies that buy petroleum-based raw material are “scrambling to raise prices of their products” because of fast-rising crude oil prices.

Toyo representative Junko Koide confirmed that the company would increase its prices from the 1 October. The price increases were said to affect passenger car, light truck, and studless truck tyres.

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  1. Toyo and CTNA Recall GTY Truck Tyres
  2. Yokohama Tire Changes Executives
  3. Bridgestone to Increase Prices in Japan
  4. Yokohama Rubber Announces Consolidated Semiannual Results
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Yokohama Announces New Design Technologies

(Akron/Tire Review) Yokohama Rubber Co. announced that it has developed new, third-generation tyre design technologies. The manufacturer’s “multiscale simulation” and “multi-performance map” display information for optimal design proposals, it said.

Multiscale simulation allows for predictions of physical properties based on combinations of compounds and frictional coefficients, Yokohama said. “As a result, we can make more realistic performance predictions for vehicles based on more accurate wear forecasts of front and rear tires and other factors,” said the tyremaker.

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  1. Yokohama Invest In Philippines
  2. Yokohama’s Income Decreases
  3. Yokohama Doubles Thailand Site Area
  4. RMA Honors 61 With SHIP Awards
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Eagle Revspec Wins Influential Australian Tyre Test

(Australia/Australian Tyre Dealer) The Goodyear Eagle Revspec RS-02 has won the best overall performance tyre award in the annual Wheels magazine tyre test for the second year running. The 235/45R17 performance tyre joins the Goodyear Eagle F1 GS-D3 as a Wheels award winner.

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  1. Goodyear: Ratification assured
  2. Michelin Ranks Highest in Germany OE Tyre Customer Satisfaction
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Yokohama Win WTCC Contract

Yokohama Rubber has been appointed as the official tyre supplier to the World Touring Car Championship. The manufacturer will replace Michelin for the 2006 season.

The company will also supply the control tyre for the first FIA European Touring Car Cup to be held this October at the Vallelunga circuit in Italy.

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  1. Yokohama Tire Changes Executives
  2. Motorsports point the way for Kumho
  3. Yokohama To Set Up Indian Subsidiary
  4. Yokohama Points to New Winter Tyre Engineering Breakthrough
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Yokohama Domestic Tyre Price Increases

Yokohama Rubber has announced that it will introduce a four per cent price increase in the price of domestic replacement tyres in September. The last domestic replacement tyre price increase was a 5-6 per cent hike in May 2004. Local news sources are reporting that the price increase could cover as much as 60 per cent of input cost increases.

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Related news:

  1. Yokohama Offers Global ADVAN-tage
  2. Continued Evolution
  3. Yokohama Opens Second Onomichi OTR Plant
  4. Yokohama to Build JV Rubber Processing Factory in Thailand
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Yokohama Opens Chinese Sealant and Hose Assembly Plants

Yokohama subsidiaries, Yokohama Hamatite, a passenger car sealants supplier, and Yokohama Hoses & Coupling have held a joint opening ceremony of their new Chinese factories. Yokohama Hoses & Coupling (Hangzhou) will start by assembling 2,500 hoses monthly, raising output 10,000 units monthly through 2008. The capital investment for equipment and facilities will total $350,000, the company reports.

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  1. Zisser Banned from Selling Wanli S-1099
  2. Yokohama Establishes Chinese High-pressure Hose Subsidiary
  3. Investment Firm Acquires Performance Fibres Business Unit
  4. Management Changes at Yokohama Rubber
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Yokohama Raises OTR Tyre Prices

(Akron/Tire Review) Yokohama Tire Corp has announced “across the board” price increases on its OTR tyres. The increases, effective July 15, will range from 5 per cent to 8 per cent, the manufacturer said. Yokohama cited escalating petroleum-derived material costs, energy and freight costs as well as social cost adjustments as reasons for the increases. Detailed pricing will be provided to dealers prior to the increase, Yokohama said.

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  1. Yokohama to Increase OTR Tyre Prices
  2. Yokohama Announces Price Increases
  3. Yokohama Raising Prices
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Yokohama to Support Four Teams at Le Mans

The Yokohama Rubber Co, Ltd, today announced that it will support five cars from four teams in the 73rd Le Mans 24 hour rance, due to be held 18–19 June at the Sarthe Circuit in France. The company will support the Courage Competition works team in the LMP1 Class and will supply specially developed racing tyres to two entries from the veteran French chassis constructor.

In the LM-GT Class, Yokohama will assist Porsche works team Alex Job Racing/BAM, Seikel Motorsport, and T2M Motorsports. Alex Job Racing/BAM will run on tires that it developed jointly with Yokohama. Seikel Motorsport and T2M Motorsports will use tyres based on the Super GT that Yokohama modified with especially for Le Mans.

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  1. First Student Team in History of Le Mans to fit Yokohama Tyres
  2. Next-Gen WTCC Tyres Already in Preparation – Yokohama
  3. Yokohama Offers Global ADVAN-tage
  4. Continued Evolution
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Continental Cuts Production at Charlotte Passenger Plant

(Akron/Tire Review) Continental Tire North America (CTNA) announced today that it is making a significant cut in tyre production at its Charlotte, North Carolina passenger and light truck/SUV tyre plant, a move that will result in some 200-300 layoffs. From 1 July, Charlotte production will be cut from approximately 25,000 tyres per day down to some 17,500. CTNA said the cutback was due to “a substantial increase in inventory levels for certain passenger tyre products and high process costs at the Charlotte plant.”

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  1. Toyo and CTNA Recall GTY Truck Tyres
  2. Toyo Increases Production at Kuwana Plant
  3. Titan and Continental in Asset Acquisition Talks
  4. Bridgestone Firestone Employee Contract Extension Approved
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Yokohama to Build Thai Plant

(Akron/Tire Review) Yokohama Rubber Co is to build a new tyre plant in Thailand to produce passenger and light truck/SUV tyres. The company said it would begin construction of the 11.5 billion yen facility this October, which will be located adjacent to its current Yokohama Tire Manufacturing (Thailand) Co. facility there. Yokohama said the new plant, with an initial capacity of 1.4 million tyres annually, will begin production in November 2006. The plant will be designed, the company said, to allow for further expansion as warranted.

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  1. Yokohama Doubles Thailand Site Area
  2. Yokohama Rubber More than Double Vietnam Tyre Capacity
  3. Yokohama to Treble HPT Capacity at Shinshiro-Minami
  4. Yokohama to Increase Production Capacity in Thailand
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Yokohama Reports Sales Increase

(Akron/Tire Review) Publishing 2005 financial results, Yokohama Rubber Co has reported that it achieved net sales of approximately 419.8 billion yen (£2.1 billion), up 4.5 per cent from the year prior. The company also reported favourable overseas sales in Europe, Asia and the Middle East, while replacement market sales in Japan were also up. Yokohama’s Tire Group sales increased 6.7 per cent, to 307.9 million yen (£1.5 billion). Yokohama’s management projects a 6 per cent increase in net sales, a 14.5 per cent rise in operating income, and a 1.6 per cent increase in net income in the 2006 financial year. Group operating income grew 19 per cent to roughly 18.2 billion yen.

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Related news:

  1. Yokohama’s Income Decreases
  2. Yokohama Announces 3 per cent Sales Increase
  3. Part 2 of Yokohama’s Mid-Range Plan Announced
  4. Yokohama Reports Increased Earnings
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Yokohama Launches New European Subsidiary

At the beginning of April, Yokohama Rubber Co, made its Europe Office in Dusseldorf, Germany, a subsidiary called Yokohama Europe GmbH. Yokohama Europe will oversee Yokohama’s European marketing and sales strategies. According to the company, the move is part of efforts to strengthen Yokohama’s marketing strategy by more closely managing local operations. The new company will help reinforce sales by concluding comprehensive contracts with leading store chains around Europe and by accelerating original equipment marketing to European automakers.

Yokohama now has sales companies in 10 countries in Europe – in the UK, Italy, Switzerland, Sweden, Germany, Austria, Denmark, Belgium, Spain, and Russia.

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Related news:

  1. Yokohama Establishes Sales Company in Russia
  2. Yokohama Win WTCC Contract
  3. Price Fixing Charges Reveal Rubbery Figures
  4. Yokohama Makes Organisational Changes
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