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You are here: Home1 / Yokohama

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Yokohama gearing up for European tyre factory

Company News, International News

In October, Yokohama announced that the company had appointed ex-Pirelli and ex-Prometeon executive Gregorio Borgo as its European president. Roughly nine months later, there are a number of indications that the European business is entering a new chapter, which includes plans to invest in the construction of a factory “in the heart of Europe”.

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Related news:

  1. Sentury Tire joins the Shenzen Stock Exchange
  2. Chinese wheelmaker opens second production line in Morocco
  3. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  4. Tatneft invests in Kazakhstan tyre factory joint venture
23rd June 2022/0 Comments/by Chris

World’s leading tyre companies 2022: Michelin and Bridgestone neck and neck for pole position

Company News, International News

Michelin remains the world’s leading tyre company by sales turnover, but Bridgestone is close behind in one of three close battles distributed across the table. For the first time, our research ranking market-leading global tyre manufacturers in terms of sales turnover converted into euros, illustrates the impact of recent high-profile acquisitions as well as the ongoing disruption of pandemic on the wider market landscape.

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Related news:

  1. Zhongce Rubber enters global top ten tyre manufacturers
  2. 19 finalists chosen for 2015 AutoBild winter tyre test
  3. Giti enters the top 10 of leading tyre manufacturers
  4. Pirelli, Hankook continue close rivalry in list of Leading Tyre Manufacturers
14th June 2022/by Chris

Yokohama UK appoints Peter Fairlie as CEO

Career Tracks, UK News
Yokohama HPT

Following his departure from Prometeon last month, Peter Fairlie has been named as the new CEO of Yokohama HPT Ltd and will officially join the company on 13 July 2022.

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Related news:

  1. Yokohama appoints ex-Prometeon COO as European president
  2. Arthur Gregg new Bandvulc MD
  3. Yokohama Europe puts European distributors under Hiroyuki Shioiri’s chairmanship
  4. Tony Lee joins Kumho as senior vice-president of global marketing
10th June 2022/by Chris

Yokohama renews online motorsports presence

Company News, Motorsport

Yokohama Rubber has refreshed its dedicated motorsports website. Both the English and Japanese language versions of the Yokohama Motorsports sites have been given the treatment and now feature full-screen designs. Yokohama says this format “enhances user convenience.”

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Related news:

  1. Yokohama Rubber refreshes online presence
  2. ‘Motorsports Department’ to replace Yokohama Rubber’s motorsport subsidiary
  3. Yokohama shares 2022 motorsports activity plan
  4. Yokohama Rubber applying frictional behaviour knowledge to cold-weather tyre development
1st June 2022/by Stephen

Yokohama Rubber: Record sales, lower profit in Q1 2022

Company News

Although the sales revenue of 185.6 billion yen (£1.2 billion) earned by the Yokohama Rubber Co., Ltd. in Q1 2022 was the highest figure it ever achieved in the January-to-March quarter and a 28.4 per cent improvement on the result attained a year earlier, the company nonetheless had little cause for celebration by the time rising costs and other complications were factored in. Profit attributable to owners of parent declined 63.5 per cent year-on-year in the first quarter of 2022 to 10.2 billion yen (£64.9 million). Operating profit was, at 13.7 billion yen (£87.1 million), down 62.7 per cent.

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Related news:

  1. Higher sales, earnings at Yokohama Rubber in Q1 2018
  2. Sales, profit up at Yokohama Rubber in Q2 2018
  3. Yokohama Rubber – Q3 2018 profit affected by asset impairment charge
  4. Yokohama Rubber announces record earnings
13th May 2022/1 Comment/by Stephen

Detecting tyre wear with waveforms – Yokohama Rubber unveils new method

Company News, International News

Yokohama Rubber and Alps Alpine have jointly developed a technology that automatically detects wear in car tyres. The tyre maker sees potential for this technology in self-driving vehicles and shared mobility fleets.

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Related news:

  1. Tyre sensor development – Yokohama Rubber working with Alps Alpine
  2. Yokohama Rubber partners in tyre & road surface sensing tests
  3. Yokohama Rubber testing remote tyre pressure checking technology
  4. Yokohama Rubber a FTSE Blossom Japan company
21st April 2022/by Stephen

Yokohama Rubber a FTSE Blossom Japan company

Company News, International News

The Yokohama Rubber Co., Ltd. has been selected as a constituent stock in the FTSE Blossom Japan Sector Relative Index, an equity index designed to reflect the performance of Japanese companies that demonstrate strong environmental, social and governance (ESG) practices.

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Related news:

  1. Yokohama Rubber selected for ESG indices
  2. Yokohama opens indoor winter tyre test facility
  3. Yokohama supporting Chelsea FC pre-season match
  4. Another Caterpillar platinum award for Yokohama
11th April 2022/by Stephen

Yokohama shares 2022 motorsports activity plan

Company News, Motorsport

Yokohama Rubber views motorsport engagement as “crucial” to the development of new tyre technologies for its Advan and Geolandar brands, and this focus is reflected in its motorsports activity plan for 2022. Not only will the company participate in a wide variety of motorsport events in its home market Japan and around the world, from top-level championships to grassroots racing, the tyre maker also intends to begin using its presence in motorsport to further its development of tyres that use renewable and recyclable materials.

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Related news:

  1. Yokohama addresses car ownership shift in mid-term plan
  2. Yokohama to launch motorsport, UHP, 4×4 tyres at Autosport International
  3. Yokohama pledges continued support for young racers
  4. Yokohama tyres for 65th Macau Grand Prix
6th April 2022/by Stephen

Yokohama Tire promotes Polentz

Career Tracks, International News

Yokohama Tire Corporation (YTC) has promoted Ray Polentz to the role of senior director of supply chain and logistics. He will report to YTC president and chief executive officer Jeff Barna.

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Related news:

  1. Yokohama Tire names new IT VP
  2. Yokohama control tyre for Porsche Sprint Challenge North America
  3. Yokohama establishes Yokohama Industries Americas Inc.
  4. Yokohama earns third straight Subaru Supplier Award
5th April 2022/by Stephen

Yokohama promotes senior technical executive

Career Tracks, International News

The Yokohama Rubber Co. Ltd. has decided to promote one of its senior technical executives, Koji Watanabe, and increase his area of responsibility. According to a statement issued by the company on 29 March, the decision took effect from 30 March 2022.

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Related news:

  1. Yokohama appoints Watanabe head of tyre design department
  2. Yokohama makes senior management changes
  3. Yokohama Europe puts European distributors under Hiroyuki Shioiri’s chairmanship
  4. Yokohama appoints ex-Prometeon COO as European president
31st March 2022/by Chris

Lower raw material exposure and better ESG profile – What Trelleborg gains from TWS sale

Company News, International News
Trelleborg

Apart from the 2.1-billion-euro price tag what does Trelleborg Group stand to gain from the sale of its Trelleborg Wheel Systems business unit?

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Related news:

  1. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  2. Yokohama confirms 2.1 billion euro Trelleborg Wheel Systems acquisition
  3. Trelleborg group sales relatively good, but tyre sales impacted
  4. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
25th March 2022/by Chris

Further global leadership and rebalanced product mix – Yokohama’s goals for Trelleborg Wheel Systems purchase

Company News, International News
YOHT

Now Yokohama has confirmed its acquisition of Trelleborg Wheel Systems (TWS), we can talk more definitively about the rationale behind the purchase. There are several drivers behind the acquisition, but they all boil down to Yokohama’s desire to increase global leadership and rebalances its product mix.

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Related news:

  1. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  2. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
  3. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
  4. ATG looking forward to economies of scale with Yokohama
25th March 2022/by Chris

Yokohama confirms 2.1 billion euro Trelleborg Wheel Systems acquisition

Company News, International News
Trelleborg

Three months after we published the news, The Yokohama Rubber Co., Ltd., has confirmed that it has entered into a share purchase agreement with Swedish-based Trelleborg AB to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB (TWS). According to Yokohama, TWS’s enterprise value is €2,040 million (about ¥265.2 billion). But the acquisition agreement includes a performance-linked earn-out clause, which could increase the acquisition price by up to €60 million depending on TWS’s 2022 financial results. And therefore Trelleborg refers to the sale as a 2.1 billion euro deal.

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Related news:

  1. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  2. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
  3. Trelleborg group sales relatively good, but tyre sales impacted
  4. Trelleborg confirms acquisition interest from ‘external parties’
25th March 2022/by Chris

Yokohama OHT expands Alliance Agri Star II range, presents latest yield research

International News, Motorsport, UK News
YOHT

Yokohama Off-Highway Tires (YOHT) aims to be a top-three player in the global off-highway’ tyre segment and the company hopes that the recent expansion of the Alliance Agri Star II range as well as the performance of its other products will help it reach that goal. Highlighting the 4,000 plus SKUs it already offers, YOHT used the occasion of a virtual briefing to launch the Alliance Agri Star II range in 70, 85, 90 and 95-series fitments. In short, the company launched an additional 12 sizes and shared on-the-ground experiences of farmers as well as the results of recent research.

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Related news:

  1. Alliance Tire Group introduces 10 year warranty on certain agricultural tyres
  2. Kirkby Tyres brings latest BKT, Alliance speciality tyres to UK
  3. Kirkby pushing brands harder from expanded site
  4. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
24th March 2022/by Chris

Yokohama stops tyre production in Russia, donates over $400,000 to relief efforts

International News
CNES/Airbus; Maxar Technologies

Japanese tyre manufacturer Yokohama is stopping production at its L.L.C. Yokohama R.P.Z. passenger car tyre factory in Lipetsk, Russia. Yokohama said it will “gradually stop production” in Russia “due to the current problem of raw material procurement”. The company will also donate more than $400,000 to humanitarian relief efforts.

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Related news:

  1. Nokian moves selected tyre production out of Russia
  2. How will war in Ukraine impact European tyre production?
  3. Yokohama: No change at Russia tyre factory
  4. Ukraine war’s impact on global tyre-makers acute for Nokian, manageable for others
24th March 2022/by Chris
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