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J.D. Power U.S. Replacement Tyre Survey

J.D. Power and Associates has released details of its 2002 Replacement Tyre Buyer Behaviour and Satisfaction Study. Over 9,400 motorists in the USA who have recently purchased a tyre were questioned and the results were as follows. In the passenger tyre section, which includes cars and compact vans, Michelin came out top for the fourth year running, followed by (in order) Toyo, Uniroyal and Kelly (tied), Cooper and Goodyear (tied). Brands rated as performing at or below the industry average were, in alphabetical order, Bridgestone, Dayton, Douglas, Dunlop, Firestone, General, Sears and Yokohama. In the light truck category, Michelin and Cooper tied for first place, followed by BFGoodrich. Other brands were ranked at or below average and these were, again in alphabetical order, Firestone, Goodyear and Uniroyal. When it came to rating retailers, Les Schwab Tire Centers came out top for the third year running, followed by Big O Tires and Goodyear Auto Centers.

16th July 2002/by Tyrepress Editors

Board Changes At Yokohama

Japanese tyre manufacturer has promoted six people within its Board of Directors and promoted five others as new Director candidates, subject to shareholder approval at the end of June. The six promoted Directors are Keimei Kiyoura, Kazuo Okamoto, Takashi Yamashita, Tadanobu Nagumo, Keigo Ueda and Takashi Sugimoto.

10th June 2002/by Tyrepress Editors

Increased Investment For Yokohama

Yokohama has increased its share of the joint venture company Hangzhou Yokohama Tire Co Ltd. From 45 to 80 per cent. The other two shareholders, YHI Holdings Pte. Ltd and Hangzhou Rubber (Group) Co. each have 10 per cent of the holdings. At the AGM in March seven out of nine directors were already appointed from Yokohama. Production of Yokohama radial car tyres in China will begin in May 2003 with the construction of a tyre plant with a capacity of 750,000 units per annum. This will be increased in time to 1.5 million units.

1st May 2002/by Tyrepress Editors

Yokohama For Aston Martin Again

After having fitted the V 12 Vanquish with tyres Yokohama has now announced that it will supply the 2002 DB7 Vantage with OE tyres. The sports car will be fitted with the AVS Sport in 245/ ZR19 93Y on the front axle and 265/30 ZR19 93Y on the rear. All Yokohama Aston Martin original equipment tyres are marked with the letters AML on the sidewall (Aston Martin Lagonda).

17th April 2002/by Tyrepress Editors

Yokohama acquires majority ownership of Hangzhou Yokohama Tire Company Ltd.

Yokohama Rubber Company Limited has taken majority possession of its Hangzhou Yokohama Tire Company Limited joint venture in Hangzhou, China. Just two weeks in advance of the ground-breaking for the venture’s radial tire plant, scheduled for 22nd April, 2002.

10th April 2002/by Tyrepress Editors

Co-operation Ends Between Continental And Toyo

The ten-year old technology and co-operation between Toyo and Continental has ended, nine months ahead of schedule. This follows the formation of a joint venture between Continental and Yokohama to co-operate on technology and tyre production in Japan. Conti is also co-operating with Bridgestone in the development of run-flat tyres. The ending of the Conti/Toyo agreement was brought forward at the request of the German manufacturer, according to Toyo.

2nd April 2002/by Tyrepress Editors

Agreement On Japanese Co-operation For Yokohama and Continental

Yokohama Rubber and Continental AG have confirmed a contract for the creation of a joint venture to supply original equipment to Japanese motor manufacturers and to develop Continental in the Japanese replacement market. The 50/50 joint venture will be called Yokohama Continental Tire and will aim to sell OE tyres to Japanese and Korean vehicle manufacturers. Importation and distribution of Continental tyres, to be sold through Yokohama outlets in Japan, will begin in April.

20th February 2002/by Tyrepress Editors

Joint Venture To Manufacture And Market Car Radials In China

The Yokohama Rubber Co. Ltd has announced that the Chinese Government has approved the establishment of a joint venture company in January 2002 to make and market radial car tyres in China. It is a jv between Yokohama, YHI Holdings (of Singapore) and Hangzhou Rubber, of China. Production will begin in April 2003, initially of 750,000 tyres a year. A second stage of investment will increase this figure up to 1.5 million tyres, depending on demand. Each stage will require an investment of $30 million.

28th December 2001/by Tyrepress Editors

RubberNetwork.com Joined By Yokohama

Within days of RubberNetwork.com receiving the all clear from the German Federal Cartel Office (Bundeskartellamt), Yokohama Rubber Co has joined Continental, Michelin, Pirelli, Goodyear, Sumitomo and Cooper in the global electronic purchasing and procurement market. The RubberNetwork marketplace will be open to all tyre and rubber industry manufacturers and suppliers. The European launch of the market is scheduled for early July.

30th November 2001/by Tyrepress Editors

OE Success For Yokohama

The Super Sport Car V 12 Vanquish will be fitted by Aston Martin with Yokohama tyres AVS Sport in 255/40 ZR 19 (front) and 285/40 ZR 19 (rear). Yokohama has added the exclusive logo “AML” on the sidewall for the tyres delivered to Aston Martin.

30th November 2001/by Tyrepress Editors

Cooperation Between Continental And Yokohama Intensifies

Continental and Japanese tyre manufacturer Yokohama, who already operate a plant together in the USA, producing truck tyres, want to intensify this cooperation. They want to create a 50-50 joint venture in Japan by the end of the year, merging their Japanese activities and focussing on their Japanese OE customers. Yokohama will also help Continental increase its replacement market business. In addition, the two companies want to work more closely together in production in the NAFTA area and are looking at potential synergies, in areas such as purchasing.

30th November 2001/by Tyrepress Editors

OE Tyre Satisfaction Study Rates Dunlop And Michelin

The latest study by J.D. Power & Associates, measuring OE tyre satisfaction, puts Dunlop at the head of light truck OE tyres for the first time and Michelin tops for passenger vehicles, for the fourth year running. The study sought the views of more than 39,000 consumers in their first three years of vehicle ownership.

30th November 2001/by Tyrepress Editors

AVS Decibel From Yokohama

Japanese tyre manufacturer Yokohama presents, as a highlight, its new tyre, the “AVS decibel”, which will be distinctive due to its smooth running – even at high speeds and after thousands of kilometres. It will unite athletic driving with pleasantly quiet running noise, as well as providing dynamic performance and stability. The market launch is planned for 2002. The “AVS decibel” will replace its predecessor, the AVS TW.

30th November 2001/by Tyrepress Editors

Bridgestone Announces US Price Hike

Bridgestone is to join Goodyear, Continental, Michelin, Cooper, Pirelli, Yokohama and others in raising tyre prices in the USA to compensate for raw material price increases. Effective June 1st, Bridgestone tyre prices will rise 4%. Historically, Bridgestone has taken advantage of other manufacturers’ price increases in order to gain market share, so this latest announcement seems to indicate that this time the price rises will stick.

7th December 2000/by Tyrepress Editors

Stock Exchange: Goodyear Is The Loser

In the first week of July Goodyear shares were down, while Bridgestone, Michelin and Toyo Tires were all winners. Only a short time before, at the end of June Goodyear and Michelin shares had gone down as well as car manufacturers Mazda, General Motors, Volkswagen and BMW lost drastically. Mid June almost the same situation: Goodyear going down (this time Bridgestone and Cooper too) leaving only Yokohama as a winner.

7th December 2000/by Tyrepress Editors