Several tire executives gathered and revealed the new plan
A few days ago, the Japan Automobile Tire Manufacturers Association held a New Year's Exchange.
A number of senior executives of tire companies attended the exchange meeting and announced the industry outlook for 2023.
Bridgestone, together with the global chief operating officer, said that this year was the last year of the company's medium-term plan.
They will continue to expand their investment areas and increase the price of products in the local market.
Sumitomo rubber CEO Yamamoto believes that the auto industry is undergoing great changes.
As a component manufacturer, we should speed up the development of tire sensing technology.
Yokohama Rubber Agency Nagasaki said that the company will steadily promote the medium-term business plan this year.
He predicted that the market price competition would intensify, and it was necessary to increase the sales proportion of high value-added products to make profits.
Qing Shuilong, president of Toyo Tire, predicted that the difficult situation would continue until the first half of 2023.
However, with the development of various businesses, it is expected to return to normal in the second half of the year.
It is reported that this enterprise is reducing the number of branches to speed up the implementation of headquarters decisions.
