TOKYO — Bridgestone Corp.'s operating income fell 3.9 percent in fiscal 2018 on 0.2-percent higher sales, but the company is forecasting slightly higher earnings and sales for fiscal 2019, based on a strong second half performance.
AKRON — Goodyear has struck tire supply deals with two autonomous vehicle developers that it expects will yield insight into tire development for this emerging transportation mode.
TOKYO — Yokohama Rubber Co. Ltd. reported slight drops in operating and net income for fiscal 2018 on record sales of $5.91 billion.
SEOUL, South Korea — Hankook Tire Co. Ltd. suffered an 11.3-percent drop in operating income for fiscal 2018 on slightly lower sales.
FORT MILL, S.C. — Continental Tire the Americas has extended the warranty coverage on its Continental-brand agricultural tires in the U.S. and Canada to 10 years from the date of purchase.
KOBE, Japan — Sumitomo Rubber Industries Ltd.suffered double-digit drops in operating and net income for fiscal 2018, declines the company pinned on foreign-exchange losses and an impairment loss related to its South African subsidiary.
FORT MILL, S.C. — Continental Tire the Americas has begun selling bias-ply General Tire agricultural tires in the U.S. and Canada as a complement to the Continental-brand radial program launched in 2018.
GADSDEN, Ala. — Goodyear is planning to lay off an undisclosed number of employees at its car and light truck tire plant in Gadsden during the second quarter.
PARIS — Group Michelin's fiscal 2018 segment operating income fell 1.2 percent on a slight increase in sales as shifting currency exchange rates and rising raw materials costs ate into potential earnings gains.
WAKEFIELD, Mass. — Alliance Tire Group is launching a steel-belted radial designed for modified front-wheel drive assist tractors operating in snow and ice.
