Global Tire News
Conveniently stay up to date with the latest news in the tire industry. A bi-weekly round-up of the headlines from the world-wide tire industry, delivered to your inbox.
Recent Global Tire News
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New Goodyear facility: 'Model for other cities to follow'
May 10, 2013AKRON—Goodyear christened its new global headquarters May 9 with a ribbon-cutting ceremony attended by company executives and employees, along with state, county and city officials and the media.
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Liberty shares different version of Kumho tire recall
May 10, 2013WASHINGTON—Kumho Tire U.S.A. Inc. claimed Liberty Tire Recycling L.L.C. sold thousands of recalled tires as used tires, instead of recycling them.
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Continental expands soccer sponsorships
May 10, 2013FORT MILL, S.C.—Continental Tire the Americas L.L.C. will become the official sponsor and official tire of U.S. Soccer's Men’s, Women's and Youth National Teams.
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Kumho back in black for fiscal 2012
May 09, 2013SEOUL, South Korea—Kumho Tire Co. Ltd. posted net income of $116.2 million for fiscal 2012, reversing a net loss from a year ago, and had record sales of $3.62 billion, a gain of 4 percent.
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Bridgestone reports 18 percent increase in earnings
May 09, 2013TOKYO—Bridgestone Corp. reported an increase of 18.1 percent in operating income in the first quarter to $806.9 million.
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Manufacturers work on perfecting aircraft tires
May 09, 2013HILTON HEAD ISLAND, S.C.—Tires for aircraft and aeronautical use were prominent on the agenda at the 29th annual Clemson University Tire Industry Conference, held in Hilton Head April 24-26.
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Weak tire market contributes to Lanxess sales decline
May 08, 2013LEVERKUSEN, Germany—A weak market, particularly in the tire and automotive industries, were blamed as sales for Lanxess A.G. declined by 12 percent to $2.7 billion in the first quarter of 2013.
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Toyo provides advertising support for NHL's Ducks
May 07, 2013CYPRESS, Calif.—Toyo Tire U.S.A. Corp. again is providing advertising support for the Anaheim Ducks while the hockey team is in pursuit of its second Stanley Cup.
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Bridgestone Americas receives environmental rebate
May 07, 2013NASHVILLE—Bridgestone Americas Tire Operations has received a $350,000 rebate for energy-efficient improvements the company made to its La Vergne, Tenn., plant.
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Senate passes TIA-supported online sales tax bill
May 07, 2013WASHINGTON—By a 69-27 vote, the U.S. Senate has passed the Marketplace Fairness Act, which requires online retailers to collect sales taxes for the states to where they ship goods.
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Kumho recalls 11,922 passenger tires for sidewall cracking
May 07, 2013WASHINGTON—Kumho Tire U.S.A. Inc. is voluntarily recalling 11,922 Kumho Solus KH25 passenger tires, size 225/45R17, for possible sidewall cracking resulting in air loss.
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Florida legislature adjourns without passing used tire bill
May 07, 2013TALLAHASSEE, Fla.—The Florida legislature adjourned May 3 without passing the model used tire bill developed and supported by the Rubber Manufacturers Association.
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Kumho Tire wins Red Dot Design Award again
May 06, 2013ESSEN, Germany— For the second year in a row, a tire from Kumho Tire U.S.A. Inc. has won a 2013 Red Dot Design Award.
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Continental sales fall 3.4 percent during first quarter
May 06, 2013HANOVER, Germany—Sales for the Continental A.G. fell 3.4 percent to $10.5 billion from the first quarter of 2012, according to the financial report released by the company.
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American Tire acquires Regional Tire Distributors
May 06, 2013CHARLOTTE, N.C.—American Tire Distributors Holdings Inc.'s TriCan Tire Distributors Inc. subsidiary has completed its purchase Regional Tire Distributors Inc. of Burlington, Ontario.
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