According to Kenda and a report by the Taipei Times, Kenda Rubber Industrial Co is increasing its production capacity for car tires. The company announced at its annual share-holder’s meeting that it would increase its tire capacity by 50% to 38,000 units a day by the end of this year. Kenda plans to raise its
Tire companies are reporting their results. So far Michelin, Goodyear, Yokohama, Toyo, Nokian, Hankook and Nexen have all reported for 2012. Indian companies Apollo, MRF, JK and Ceat also reported for the quarter ended December 2012, but their financial year runs from April to March, so they will not report full-year figures until May. Premium
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