News from Notch Consulting, Inc.

April 10, 2018

Toyo Tire Launches Website for New Airless Concept Tire

Filed under: Run-flats, Tires — Notch @ 12:40 pm

Toyo Tire & Rubber Co. Ltd. has launched a website that uses CGI animation to showcase the technology of its near-future airless concept tire, the Noair.

Toyo Tire has made fundamental changes to the structure of its past prototypes, drastically improving the Noair’s performance in several metrics, including durability, exterior noise levels, and fuel efficiency. The company has successfully driven a kei-class light vehicle equipped with the tires at a range of speeds from 40 to 75 miles per hour.

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USTMA projecting tire shipment growth in 2018

Filed under: Tires — Notch @ 12:13 pm

U.S. Tire Manufacturers Association (USTMA) is projecting that 2018 U.S. tire shipments will increase to 319.1 million units compared to 316.7 million in 2017. USTMA expects original equipment (OE) passenger tire shipments to increase by 0.4 million units compared to 2017, while passenger replacement tire shipments are projected to increase by 0.9 million units. OE and replacement shipments for light truck and truck tires are all expected to increase in 2018.

USTMA notes that this forecast was made “prior to recent U.S. tariff announcements affecting sources of imported steel” used in tire manufacturing.

Read the full press release here.

Toyo Tire & Rubber changes name to Toyo Tire Corporation

Filed under: General, Tires — Notch @ 11:57 am

Toyo Tire & Rubber Co., LTD. has announced that the company name will be changed to Toyo Tire Corporation as of January 1, 2019. The change reflects the company’s aim to expand the scope of business globally and raise the brand status of the company that was born through the merger of Toyo Rubber Industrial and Hirano Rubber Manufacturing in August 1945.

“The automotive industry is currently in what can be considered a once-a-century state of flux. In order to achieve further sustainable growth, we are focusing on the mobility business, such as automotive tires and components,” said Toyo Tire, adding, “We endeavor to bolster its corporate value as well as seeking our own social responsibility and significance by presenting a resolution for Toyo Tire to be a genuinely global brand with renewed pride and reaffirming our responsibility towards the mobility business by taking the opportunity afforded by the company name change coming into effect next January.”

Aditya Birla Group to supply carbon black to Linglong International Tire

Filed under: Carbon Black — Notch @ 11:41 am

Linglong International Tire Thailand and Indian Aditya Birla Group have signed a strategic cooperation agreement, in which Aditya Birla will supply Linglong with carbon black.

The agreement, Linglong said, was part of the company’s “internationalization” plans and is expected to improve the quality of its offerings.

“The cooperation with the Aditya Birla Group represents another important step of Linglong in material quality control and quality management. In the future, Linglong Tire will improve its global standards of product quality and service through continuous input in research.”

Read the full press release here.

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