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, 2011Business, Equipment
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, 2011Business, Equipment
Yokohama Tire Names New President
Yokohama Tire Corp. named Yasushi Tanaka the company’s new president and CEO, effective June 29.
May 25, 2011Business, Equipment
Toyo Unveils Drive-Axle Longhaul Tire
Toyo Tires said it has introduced a new drive-axle tire for longhaul, highway-specific applications.
May 18, 2011Business, Equipment
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, 2011Business, Equipment
Michelin’s Sales Jump 28% on Higher Truck Demand
Business, Equipment
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, 2011Business, Equipment
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, 2011Business, Equipment
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, 2011Editorial, Business, Equipment
Concern Over Tire Prices, Supply
There were more signs of the trucking industry’s resurgence last week, as a number of publicly-held fleets reported improved earnings, while analysts said trailer and used trucks sales surged during 2010.
February 7, 2011Business, Equipment
Tire Manufacturers Boost Prices as Rubber, Oil Costs Increase
Truck tire manufacturers have raised prices up to 12% in recent weeks, citing materials costs, while concern is mounting about future supplies after the sudden rise in new tractor and trailer sales.
February 7, 2011