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Sumitomo Rubber secures exclusive rights to Dunlop trademark use in Southeast Asia

In a development that industry analysts say could reshape the company’s regional strategy, SRI confirmed it has secured exclusive rights to use the DUNLOP trademark for tires, tubes, and flaps in Malaysia, Singapore and Brunei. The rights, long held under a sub-licence by Continental Tyre Malaysia, will transfer fully to SRI on January 1, 2026. While the agreement excludes aircraft and winter tires

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Goodyear searches for 2025’s most heroic truck driver

The Goodyear Tire & Rubber Company is once again honoring the bravery and quick thinking of commercial truck drivers with the launch of its 42nd annual Highway Hero Award.

Since 1983, Goodyear has recognized professional drivers who go beyond their daily responsibilities to protect others and keep our highways safe. This year, the company invites nominations for drivers who have demonstrated exceptional courage while on the job.

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USTMA November 2025 forecast predicts slightly higher tire shipments

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 337.4 million units in 2025, compared to 337.3 million units in 2024 and 332.7 million units in 2019. This surpasses the previous record of 337.3 million units in 2024.

Because the U.S. government shutdown delayed the release of August and September tire trade data, the current forecast is produced without these inputs and may therefore contain higher-than-usual estimation errors for U.S. replacement shipments.

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Nokian Tyres announces over 600 temporary and permanent layoffs

Nokian Tyres has concluded the personnel negotiations in Finland. The negotiations involved white-collar employees in Group functions and all business units, as well as both blue- and white-collar employees in passenger car and heavy tire production in Nokia, Finland. The negotiations will lead to termination of 35 permanent white-collar positions and 650 personnel – 90 day layoffs.

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Michelin unveils cutting-edge Innovation Park in Clermont-Ferrand, France

In a bold stride toward redefining the future of transportation, global tire giant Michelin has officially inaugurated the Michelin Innovation Park at its historic Cataroux site. This state-of-the-art facility, spanning 10 hectares in the heart of Clermont-Ferrand, represents a €200 million investment aimed at accelerating breakthroughs in sustainable mobility, materials science, and digital transformation. The park is poised to become a global hub for collaborative innovation, bringing together Michelin’s top engineers, startups, and academic partners under one roof.

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Yokohama Rubber posts record sales and earnings

The Yokohama Rubber Co., Ltd., announced its business and financial results for the first three quarters (January to September) of fiscal 2025. Sales revenue increased 12.0% over the same period of the previous year, to \877.2 billion; business profit increased 20.8%, to \100.7 billion; operating profit increased 6.9%, to \91.7 billion; and profit attributable to owners of parent increased 8.7%, to \66.1 billion. The figures for all those items were record-high figures for performance in the first three quarters at Yokohama Rubber. In addition, the company’s business profit margin, at 11.5%, was the highest ever for the first three quarters.

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