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Autonomous technology driving vehicle design
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TROY, Mich.—Mobility always has been at the core of the automotive industry, and now it's also about to rock that same core. Autonomous vehicles are on the horizon. And even if that horizon ...
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TROY, Mich.—Autonomous vehicles are on the horizon. And even if that horizon is distant, the industry is preparing to design a new world where millions of people would gain access to the road if the technology can be brought to the mainstream. TROY, Mich.—Autonomous vehicles are on the horizon. And even if that horizon is distant, the industry is preparing to design a new world where millions of people would gain access to the road if the technology can be brought to the mainstream. $ TROY, Mich.—Autonomous vehicles are on the horizon. And even if that horizon is distant, the industry is preparing to design a new world where millions of people would gain access to the road if the technology can be brought to the mainstream.
Rubber rankings top 6 unchanged, but sales slide
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The top echelon of the North American rubber product manufacturing industry stayed intact during 2016, with the top six firms holding the same spots as 2015 and only one newcomer to the top 10....
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The top echelon of the North American rubber product manufacturing industry stayed intact during 2016, with the top six firms holding the same spots as 2015 and only one newcomer to the top 10. The top echelon of the North American rubber product manufacturing industry stayed intact during 2016, with the top six firms holding the same spots as 2015 and only one newcomer to the top 10. $The top echelon of the North American rubber product manufacturing industry stayed intact during 2016, with the top six firms holding the same spots as 2015 and only one newcomer to the top 10.
Arab investment firm partners with Nexen
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ABU DHABI, United Arab Emirates—Mubadala Investment Co., an Abu Dhabi-based strategic investment fund, has made an equity investment in Nexen Tire Corp. and struck a deal with the South...
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ABU DHABI, United Arab Emirates—Mubadala Investment has made an equity investment in Nexen and struck a deal with the South Korean tire maker to "explore strategic partnership opportunities." ABU DHABI, United Arab Emirates—Mubadala Investment has made an equity investment in Nexen and struck a deal with the South Korean tire maker to "explore strategic partnership opportunities." $ABU DHABI, United Arab Emirates—Mubadala Investment has made an equity investment in Nexen and struck a deal with the South Korean tire maker to "explore strategic partnership opportunities."
Business, labor groups react to USTR's NAFTA priorities
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WASHINGTON—A modernized North American Free Trade Agreement, ensuring the highest fair trade standards covering the broadest possible range of goods and services, is the Trump...
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WASHINGTON—The Office of the U.S. Trade Representative released its "Summary of Objectives for the NAFTA Renegotiation." The document was greeted by a wide range of comments from organizations and associations. WASHINGTON—The Office of the U.S. Trade Representative released its "Summary of Objectives for the NAFTA Renegotiation." The document was greeted by a wide range of comments from organizations and associations. $WASHINGTON—The Office of the U.S. Trade Representative released its "Summary of Objectives for the NAFTA Renegotiation." The document was greeted by a wide range of comments from organizations and associations.
Nexen sponsoring Euro soccer teams' U.S. tour
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SEOUL, South Korea—Nexen will be a sponsor of the 2017 International Champions Cup tour, which features a dozen matches between leading European soccer teams at U.S. stadiums July 19-30....
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SEOUL, South Korea—Nexen will be a sponsor of the 2017 International Champions Cup tour, which features a dozen matches between leading European soccer teams at U.S. stadiums. SEOUL, South Korea—Nexen will be a sponsor of the 2017 International Champions Cup tour, which features a dozen matches between leading European soccer teams at U.S. stadiums. $SEOUL, South Korea—Nexen will be a sponsor of the 2017 International Champions Cup tour, which features a dozen matches between leading European soccer teams at U.S. stadiums.
Toyoda Gosei expands Fluid Systems unit
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BRIGHTON, Mich.—A Toyoda Gosei Co. Ltd. subsidiary is about to get a whole lot bigger.TG Fluid Systems USA Corp. has begun construction of a 62,000-sq.-ft. addition to its manufacturing...
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BRIGHTON, Mich.—A Toyoda Gosei subsidiary is about to get a whole lot bigger with a 62,000-sq.-ft. addition. BRIGHTON, Mich.—A Toyoda Gosei subsidiary is about to get a whole lot bigger with a 62,000-sq.-ft. addition. $BRIGHTON, Mich.—A Toyoda Gosei subsidiary is about to get a whole lot bigger with a 62,000-sq.-ft. addition.
Bridgestone invests in proactive ride technology with ClearMotion
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NASHVILLE, Tenn.—Bridgestone Americas Inc. has invested in ClearMotion Inc. to incorporate road-sensing technology into its products to build a smoother ride. Bridgestone will work with...
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NASHVILLE, Tenn.—Bridgestone Americas has invested in ClearMotion to incorporate road-sensing technology into its products to build a smoother ride. NASHVILLE, Tenn.—Bridgestone Americas has invested in ClearMotion to incorporate road-sensing technology into its products to build a smoother ride. $NASHVILLE, Tenn.—Bridgestone Americas has invested in ClearMotion to incorporate road-sensing technology into its products to build a smoother ride.
Editorial: Both sides presented plausible accounts to ITC in ESBR case
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The investigation of emulsion SBR imports at the International Trade Commission featured a fairly typical set of plausible but mutually exclusive arguments. Lion Elastomers L.L.C., the one...
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The rubber industry is a complex one, ruled by proprietary research and development, delicate deal making, and an unavoidable, unpredictable human factor. The rubber industry is a complex one, ruled by proprietary research and development, delicate deal making, and an unavoidable, unpredictable human factor. $The rubber industry is a complex one, ruled by proprietary research and development, delicate deal making, and an unavoidable, unpredictable human factor.
Sentury picks Ohio design firm for Georgia plant
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LAGRANGE, Ga.—Qingdao Sentury Tire Co. Ltd. has selected SSOE Group of Toledo, Ohio, to design the $530 million, 1.4 million-sq.-ft. tire plant it's planning to build in LaGrange. Sentury...
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LAGRANGE, Ga.—Sentury has selected SSOE Group of Toledo, Ohio, to design the $530 million, 1.4 million-sq.-ft. tire plant it's planning to build in LaGrange. LAGRANGE, Ga.—Sentury has selected SSOE Group of Toledo, Ohio, to design the $530 million, 1.4 million-sq.-ft. tire plant it's planning to build in LaGrange. $LAGRANGE, Ga.—Sentury has selected SSOE Group of Toledo, Ohio, to design the $530 million, 1.4 million-sq.-ft. tire plant it's planning to build in LaGrange.
Firms propose to strengthen NAFTA
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WASHINGTON—With renegotiation of the North American Free Trade Agreement on the horizon, both Mexican and U.S. business interests, including the tire and auto parts industries, want to...
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WASHINGTON—With renegotiation of the North American Free Trade Agreement on the horizon, both Mexican and U.S. business interests, including the tire and auto parts industries, want to ensure that NAFTA is updated and strengthened, not repealed or fatally weakened. WASHINGTON—With renegotiation of the North American Free Trade Agreement on the horizon, both Mexican and U.S. business interests, including the tire and auto parts industries, want to ensure that NAFTA is updated and strengthened, not repealed or fatally weakened. $WASHINGTON—With renegotiation of the North American Free Trade Agreement on the horizon, both Mexican and U.S. business interests, including the tire and auto parts industries, want to ensure that NAFTA is updated and strengthened, not repealed or fatally weakened.
Digital Edition
Digital Edition
Published on September 3, 2007

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Date Published September 3, 2007
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The opening of a new Yokohama Rubber Co. Ltd. truck and bus tire plant in China is being delayed by nearly a year, but that hasn't curtailed a huge growth in the firm's sales in the nation.

The Suzhou Yokohama Tire Co. facility in Suzhou, Jiangsu Province, was scheduled to open this month. But problems in meeting environmental regulations has put back the opening of the factory until August 2008, the company said.

When the $81 million plant does start up, it will have a first-year production target of 80,000 tires, according to Yuji Sakamoto, general manager, marketing communication department at Yokohama Rubber (China) Co. Ltd., the Japanese manufacturer's holding company in China. Annual capacity will reach 350,000 units by 2009, he said.

Yokohama's other tire plant in China-the Hangzhou Yokohama Tire Co. Ltd. operation in Hangzhou that makes passenger and light truck tires-itself is undergoing a $25.4 million expansion. Sakamoto said that project will double annual capacity at the site to more than 2 million tires by May 2008.

The projects are under way while Yokohama expects to achieve a 50-percent increase in revenue in China this year, to nearly $115 million, with a 60/40 split between replacement and original equipment market sales. In 2006, China contributed only 1.5 percent to Yokohama's global tire sales, but by 2017 that will be closer to 10 percent, Sakamoto said.

Besides its aftermarket presence in that nation, Yokohama is a major OE supplier to the Chinese assembly operations of Honda Motor Co. Ltd., Mitsubushi Motors Corp., Toyota Motor Co. Ltd. and Suzuki Motor Co. Ltd. Sakamoto said the firm has exclusive supply status in China for the Toyota Camry and the Honda Civic.

Being an OE supplier is quite important in China, Sakamoto said, because 70 percent of Chinese car buyers want to replace their vehicles' original tires with the same brand as the OE tires. This contrasts sharply with Japan, where fewer than 30 percent of consumers stick with the same tire.

"Chinese customers don't know they can change the tire," Sakamoto said.

Passenger tires also are exported from China for sale in the Japanese aftermarket, but for now at least, Yokohama is not exporting to the U.S. from China.

"Aftermarket sales (are) getting higher and higher," he said. "We need to ride the wave."

Hangzhou Yokohama has made a change in its source for natural rubber. Earlier this year, the company reported it began using NR in its tire production grown on China's Hainan Island. The company declined to name the supplier.

Previously all natural and synthetic rubber was imported from Japan and Southeast Asia. SR is still imported, and Sakamoto said he expects the Chinese NR to be exported to Yokohama in Japan in the future.

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