fbpx

Août 12

Toyo Tire Boosts US Output to Counter Tariff Impact

Toyo Tire plans to absorb a ¥12.6 billion tariff impact through price adjustments, production mix overhaul, and a ¥30 billion investment to expand US output. The company will accelerate production of high-margin tires at its Georgia plant and raise prices for passenger vehicle tires exported overseas. Toyo raised its full-year operating profit forecast to ¥90 billion and aims to expand market share in Southeast Asia and Europe. …

Source: Ainvest

L'Association canadienne du pneu et du caoutchouc

5409 Eglinton Ave W, Suite 208
Etobicoke, ON M9C 5K6