Yokohama Rubber has launched its three‑year YX2029 medium‑term strategy for fiscal 2027‑2029, targeting “hockey‑stick growth” through global production network restructuring. The group will operate a new PCR/OHT hybrid plant in Mexico, expand manufacturing bases in China Hangzhou and India Visakhapatnam, lift premium‑tire sales share to 50% by 2029, and aim for JPY70 billion OHT operating profit. The company will insource former Goodyear OTR production by 2030 to cut manufacturing costs.
Bridgestone released H1 Fiscal 2026 financial data, adjusted operating profit rose 20% YoY. All regions achieved revenue growth, EMEA profit surged 85% driven by premium tires and B2B solutions.
Continental’s Q2 adjusted earnings rise 35.1% fueled by tires. ContiTech to be sold to Lone Star, the firm shifts into a dedicated tire manufacturer and warns rising rubber costs in H2.
Review Michelin’s H1 2026 financial results. Michelin confirms to close the BFGoodrich Tuscaloosa plant by late 2028, adjusting North American capacity with divergent performance across four core business segments.
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Hankook releases 2030 medium-long term plan with $13B annual sales target. It expands Tennessee plant for TBR tires, builds AI smart factories and targets No.1 global EV tire market share.
Continental divests ContiTech for $4.7 billion to Lone Star Funds, restructures business and focuses purely on global tire manufacturing.
Pirelli confirms $1–1.2 billion US multi-year investment for capacity expansion & Cyber Tyre rollout, with Marco Tronchetti Provera appointed executive chairman amid board voting divergence.
Top Chinese tire firms Sailun and Lonmag launch big tire projects in Egypt to bypass trade tariffs and supply Europe, Africa & Middle East via Suez Canal hub.