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Nokian Tyres' three principal activities are the manufacture of passenger car tyres, heavy commercial tyres, and retail tyre sales. [24] As of 2008, Nokian is the most profitable tyre manufacturer in the world, [25] [26] at up to 18% earnings (before taxes and interest) relative to sales, compared to 14% at Bridgestone, 8% at Michelin, and 9.6% at Continental.
The first Bridgestone tire was produced on 9 April 1930, by the Japanese "Tabi" Socks Tire Division (actually made jika-tabi). One year later on 1 March 1931, the founder, Shojiro Ishibashi, made the "Tabi" Socks Tire Division independent and established the Bridgestone Tire Co., Ltd. [9] in the city of Kurume
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Bridgestone call this combination of changes "ologic", supplying similar tires to World Solar Challenge teams. [ 74 ] [ 75 ] At launch Bridgestone were the sole tyre supplier for the BMW i3, but since launch Nankang, Continental and recently Michelin have begun to supply 155 and 175 widths.
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