Automotive outlook worsens

The global recession triggered by the COVID-19 pandemic is darkening the automotive sector’s short- and medium-term outlook given the prospect of steep declines in demand in North America and developing countries in 2020 in addition to Europe and China.

Read more
No Comments

Guangrao Tire Exhibition (GRTAE) postponed

In light of the Covid-19 pandemic, and in order to protect the health of exhibitors, visitors and partners the 11th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (referred to as China GRTAE 2020), which was originally scheduled to be held at Guangrao International Expo Center, Shandong from 15-17 May has been rescheduled for 8-10 September 2020.

Read more
No Comments

Yokohama U.S. plants to remain closed ‘until further notice

SANTA ANA, Calif.—Yokohama Corp. of North America is extending the closures of its tire plants in Mississippi and Virginia “until further notice” due to the continuing impact of the COVID-19 pandemic.

Yokohama idled operations at its West Point, Miss., truck tire plant on March 27 and at its car/light truck tire plant in Salem, Va., on April 5.

Yokohama said it initiated the controlled shutdowns to help stem the spread of COVID-19. Several “preventive measures” also are in effect at all company facilities

To help ensure the health and safety of all personnel upon their return, the plants have undergone sterilization and decontamination measures while production is idled.

All other facilities remain open and operational, Yokohama said, including all U.S. distribution centers where Yokohama’s supply position is “healthy.” Efforts to mitigate any disruptions are ongoing.

Read more
No Comments