Tire maker Michelin & Cie. said its first-quarter revenue rose 28%, led by surging demand in truck tires and a general economic rebound, Bloomberg reported.
April 22, 2011BusinessEquipment
Cooper Tire’s 3Q Income Declines
Cooper Tire & Rubber Co. said its third-quarter earnings fell to $17 million, or 27 cents a share, from $45 million, or 71 cents, a year ago.
October 31, 2011BusinessEquipment
Low Rolling Resistance Tires Gain Traction With Carriers Seeking to Save Fuel, Money
The recent rise in diesel prices has given trucking companies a greater incentive to search for ways to cut fuel costs, according to carrier and tire manufacturer executives.
June 20, 2011BusinessEquipment
Yokohoma Tire Hikes Prices
Yokohama Tire announced it will implement a price increase of an average of 8% on all of its light and medium commercial truck tires sold in the United States on July 1.
June 13, 2011BusinessEquipment
Yokohama Tire Names New President
Yokohama Tire Corp. named Yasushi Tanaka the company’s new president and CEO, effective June 29.
May 25, 2011BusinessEquipment
Toyo Unveils Drive-Axle Longhaul Tire
Toyo Tires said it has introduced a new drive-axle tire for longhaul, highway-specific applications.
May 18, 2011BusinessEquipment
Goodyear Super Single Tire Replaced
Goodyear Tire & Rubber Co. said it has replaced its super single tire for severe-duty applications with a model it said will last longer and get better off-road traction.
May 18, 2011BusinessEquipment
Tough Times Lead More Fleets to Retreads
The retread business is booming at Snider Tire Inc. — so much so that the Greensboro, N.C., company is building a sixth plant to fulfill its half-million yearly orders for Michelin retreads.
February 28, 2011BusinessEquipment
Yokohama to Boost Auto, Light-Truck Tire Prices 8%
Yokohama Tire Corp. said Friday it will increase prices by up to 8% on all of its consumer tires, which include passenger, performance and light-truck tires, effective March 1.
February 11, 2011BusinessEquipment
Goodyear Posts Loss; Sales Rise as Tire Maker Sees Stronger 2011
Goodyear Tire & Rubber Co. Thursday reported a fourth-quarter loss but projected 3% to 5% growth in tire sales this year and said it would close a Tennessee plant to cut costs.
February 10, 2011