NOKIA, Finland—Nokian suffered double-digit drops in operating income for the quarter and half-year periods ended June 30 on slightly lower sales revenue.

HANOVER, Germany—Continental anticipates that the production of passenger cars and light commercial vehicles will be down 2 percent in the U.S., 3 percent in Europe and 10 percent in China.

CYPRESS, Calif.—Toyo is venturing into the growing powersports market for the first time, launching a dedicated version of its Open Country light truck line for side-by-side ultra-terrain vehicles.

KOBE, Japan—Sumitomo Rubber Industries posted a 39.2 percent drop in operating profits for the half-year ended June 30 on 0.9 percent lower sales revenue.

ZATEC, Czech Republic—The start of production this year at Nexen's $1 billion plant in Zatec is a big part of the South Korean company's "New Wave for the Future" global expansion strategy.

TOKYO—Yokohama's operating and net income fell during the six months ended June 30, due to increased manufacturing and logistics costs and the negative effects of lower unit sales volume.

MAHARASHTRA, India—Off-highway tire manufacturer Balkrishna Industries is suspending its plans for a U.S. tire factory, citing business uncertainties related to difficult macroeconomics and volatile climate conditions.

WAKEFIELD, Mass.—Alliance Tire Group has introduced the Alliance Agriflex+ 372 VF CFO, a combine and grain cart tire.

ORLANDO, Fla.—Hankook has renewed its commitment to the Disabled American Veterans non-profit, which provides free services to veterans of all generations.

DIAMOND BAR, Calif.—Nexen Tire America and the Purple Heart Foundation have selected a retired U.S. Army sergeant and Iraq war veteran from North Carolina as the 2019 Nexen Hero, Nexen Tire's initiative to honor the nation's heroes.

WILLICH, Germany—Toyo Tire has selected Willich, a town in northwest Germany near Duesseldorf, as the site for a European research and development center.

LAKE FOREST, Ill.—Tenneco has pushed back the timetable for its separation into two standalone companies, with the spin-off of the DRiV aftermarket parts supplier expected to occur in mid-2020.

QUINCY, Ill.—Titan International fell into the red on an operating and net basis in the quarter and six months ended June 30.

NOKIA, Finland—Nokian is acquiring Finnish heavy equipment wheel company Levypyoerea Oy to complement its Heavy Tyres business.

NASHVILLE, Tenn.—BMW has selected Bridgestone's Alenza all-season tire as an original equipment fitment for the fourth generation X5 and newly developed X7 luxury sport activity vehicles and specified the Bridgestone Blizzak as a recommended winter tire option for both vehicles.