Yokohama ends technology tie-ups with Kumho Tire

Tokyo – Yokohama Rubber Co. Ltd has terminated its technology tie-ups with Kumho Tire Co. Inc., the Japanese tire and rubber products maker announced 9 Aug.

Effective as of 6 July, the decision was taken as a result of the recent changes in Kumho Tire’s ownership, a Yokohama statement explained.

As ERJ reported 11 July, Qingdao Doublestar Group acquired a 45% ownership stake in Kumho Tire, making it the controlling shareholder in the South Korea-based tire maker.

Yokohama Rubber…

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