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Tire Manufacturers and Companies Company Country Found. Brands Aeolus [1] China: 1965 Aeolus Apollo Tyres India: 1972 Apollo, [2] Apollo Tyres South Africa, [a] Bearway, [3] Kaizen, Maloya, Regal, Vredestein: Birla Tyres India: 1991 Birla Tyre [4] Belshina Belarus: 1965 Belshina [5] Bridgestone Japan: 1931
Firestone Tire and Rubber Company is an American tire company founded by Harvey S. Firestone (1868–1938) in 1900 initially to supply solid rubber side-wire tires [2] for fire apparatus, [3] and later, pneumatic tires for wagons, buggies, and other forms of wheeled transportation common in the era.
On 5 December 2006, Bridgestone Americas and Bandag, Inc. announced a merger agreement whereby Bridgestone would acquire Muscatine, Iowa–based Bandag, Inc., a leading truck tire re–treader that was founded in 1957 and had over 900 franchised dealers worldwide at the time. In announcing the merger, Bridgestone's president in Tokyo explained:
On August 3, 1950, The Harvey S. Firestone Memorial, a large sculpture ensemble dedicated to Firestone, created by sculptors James Earle Fraser and Donald De Lue was dedicated at the old Firestone Tire and Rubber Company Headquarters at 1200 Firestone Parkway. It currently located at the Bridgestone Americas Technology Center in Akron, Ohio.
It is estimated that these tire failures and rollovers cost Bridgestone/Firestone $1.67 billion [72] and Ford Motor Company $530 million. Bridgestone's market price dropped by 50% and the resulting restructuring cost Bridgestone $2 billion. In 2001, Ford recorded a loss of $5.5 billion. [59]
For 2007, Bridgestone again became the sole tyre partner and supplier in Formula One with the withdrawal of Michelin, [14] and introduced four compounds of tyre, two of which are made available at each race. The harder tyre (referred to as the "prime" tyre) is more durable but gives less grip, and the softer tyre (referred to as the "option ...
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