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Tire maker earnings mixed in first half

Many tire makers are adjusting their projections for the second half of 2023, following quarters and six months of financial results that challenged some and rewarded others. ....

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Toyo to close U.S. automotive parts unit

Toyo Tire Corp. will close its U.S. subsidiary, Franklin, Ky.-based Toyo Automotive Parts, effective at the end of October in an effort to improve the company's profit outlook. ....

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Toyo eyes improved '23 results after solid first half

Toyo Tire Corp. reported solid earnings for the six months ended June 30, prompting management to revise upward the firm's earnings and revenue forecast for all of fiscal 2023. ....

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Automotive Tire Market size to grow by USD 49.25 billion from 2022 to 2027|The rise in sales of passenger vehicles globally drives the market

/PRNewswire/ The automotive tire market size is estimated to grow by USD 49.25 billion from 2022 to 2027, growing at a CAGR of 7%. APAC is estimated to. ....

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Mitsuhata named chairman, CEO of Toyo Tire Holdings

Toyo Tire Corp. has named Tatsuo Mitsuhata chairman and CEO of Toyo Tire Holdings of America Inc. and Nobuo Yoshida president and chief operating officer of the venture. ....

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