Manufacturers
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RANCHO CUCAMONGA, Calif. — Sumitomo Rubber North America Inc. executives are predicting U.S. tire sales will improve going forward after suffering a slump during the pandemic.
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AKRON — As the world starts to ease COVID-19 pandemic restrictions, tire makers are charting a course back to production.
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SEOUL, South Korea — Hankook Tire & Technology Co. Ltd. reported double-digit declines in operating income and sales for the quarter ended March 31, drops the company attributed to a sharp drop in demand caused by the worldwide economic slowdown due to the COVID-19 pandemic and lower consumer sentiment.
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ROME, Ga. — Pirelli Tire North America Inc. has restarted production at its passenger tire plant in Rome, ending a five-week hiatus that the company instituted as part of its effort to protect the health and safety of its workers amid the spread of the coronavirus.
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GADSDEN, Ala. — The remaining 400-plus members of United Steelworkers Local 12 have approved Goodyear's plan to close its Gadsden passenger tire plant.
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GADSDEN, Ala. — Goodyear will close its 90-year-old passenger tire plant in Gadsden permanently as part of the firm's strategy to strengthen its competitiveness by focusing on growing, more profitable segments.
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WASHINGTON — The U.S. Tire Manufacturers Association, citing the COVID-19 health emergency and economic crisis, is postponing the 2020 National Tire Safety Week to a later date.
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JIAOZUO, China — Haoyou Tyre Group Co. Ltd. — a.k.a. Good Friend Tyre — is auctioning lots of warehoused tires following a court- ordered bankruptcy restructuring.
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BRUSSELS — Demand for tires throughout Europe fell by double digits in nearly all product categories in the first three months of 2020, reflecting the impact of the COVID-19 pandemic on business, the European Tyre & Rubber Manufacturers' Association reported.
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SEOUL, South Korea — Hankook Tire & Technology Co. Ltd. has begun automating the final inspection process for tires by applying artificial intelligence and digital sensor technology to enhance efficiency and consistency.