1. Toyo Tires

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    1. Mentioned In 68 Articles

    2. Toyo Posts Sales, Income Losses for 2020

      Explore Modern Tire Dealer Executive News , Industry Statistics
      Toyo Tire Corp. posted net sales and operating income losses during 2020. The company's sales declined 8.9% from 2019 levels and itsoperating income fell 5.5% versus the previous year. Specifically, Toyo's tire business unit experienced a declineof 7.9% in sales versus 2019 levels. (The company also has an automotive parts business unit, which suffered a decline in sales during 2020, as well.)
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    5. Toyo restructures design and development divisions

      Explore Tire Technology International Executive News
      Toyo has announced a significant restructuring of the various divisions within the company, with several departments being dissolved and incorporated into other business areas. The company hopes that the reorganization, effective October 1, 2020, will improve its design capabilities for high-level performance tires and its product development capabilities for customer-oriented products, and will reinforce the development of technological advances it sees as being relevant in preparation for the shift in ...
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    10. Toyo Tire Corp. Sells Portion of its Stock in Bridgestone

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      Toyo Tire Corp.s President and CEO Takashi Shimizu and its Board of Directors resolved to sell a portion of its stock holdings in Bridgestone Corporation, with whom Toyo Tire maintains business and capital alliances. The company will sell 50% of its holdings of over 3 million shares worth 4,000 million yen on the Tokyo Stock Exchange. The sale is expected to be completed by Feb. 29, 2020. Under ...
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    14. Toyo Tires develops Open Country SxS for side-by-side vehicles

      Explore Tire Technology International Tire Care & Shopping
      Toyo Tires develops Open Country SxS for side-by-side vehicles
      Toyo Tire USA Corp has developed the Open Country SxS for side-by-side vehicles. It features traits of the Open Country M/T-R racing tire, but has been designed in a smaller package. The tires 32in diameter provides high ground clearance for tackling obstacles. A durable construction and advanced compounds developed through motorsport provide responsive off-road traction on rocky paths, muddy trails and uneven surfaces.
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    15. Toyo Tires setting up European R&D centre

      Explore Tyrepress Executive News
      In just a few months time, Toyo Tire Corporation will begin research and development work at a new site in Europe. The tyre maker is setting up an RD centre in Willich, Germany to support its future factory in Serbia, and intends to start operations there in the autumn. Having a local RD presence in the vicinity of vehicle manufacturers and related companies will, says Toyo, be beneficial in terms ...
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    16. Toyo Tires adjusting management team to facilitate Europe tyre plant project

      Explore Tyrepress Executive News
      Yukio Hasegawa has been named the new president of Toyo Tire Corporations subsidiary in Russia, effective tomorrow. He succeeds Kenta Kuribayashi in this role. Kuribayashi remains chief executive officer of the Toyo Tire RUS LLC operation (and president of Toyo Tire Europe GmbH) and will additionally, as of tomorrow, become the Russian subsidiarys chairman.
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  3. Related Topics

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  4. Quotes about Toyo Tires

    1. At Toyo Tires we are committed to creating innovative products and solutions to address the needs and expectations of the off-road community and specialty dealers.
      In Toyo Adds F-Load Range to Open Country Line
    2. Toyo Tires was one of the first brands to develop a sport truck tire with the introduction of its Proxes S/T.
      In Toyo Debuts Proxes ST III
    3. I am excited to join Toyo Tires and contribute to its continued sales growth in the U.S..
      In Toyo Tire Taps Chaney as Head of Marketing