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US hybrid car firm cuts jobs by 75%

California-headquartered hybrid sports car maker, Fisker Automotive has started downsizing its labour force by up to 75%, in an effort to keep its operations going. The company said that the move was necessary to maximise the value of its core…

Rubber demand in Vietnam seen to rise

ACCORDING to Tran Thi Thuy Hoa, General-Secretary of the Vietnam Rubber Association (VRA), demand for natural rubber in the country is likely to increase. Hoa said, during a recent conference on sustainable rubber development held in southern Binh Phuoc Province,…

VRG to initiate rubber project in Cambodia

CAMBODIA welcomes the Vietnam Rubber Group’s (VRG) initiative for implementing rubber projects in the country. The group is set to plant 100,000 hectares of rubber trees in the country by 2014. At a reception for VRG General Director Tran Ngoc…

Bridgestone introduces four new tyres for 2013

TYRE maker, Bridgestone Americas has recently launched four new tyres during the 2013 Drive and Learn product introduction held in Las Vegas, Nevada, US. The tyres launched were the Dueler H/P Sport AS, Potenza RE97AS, Potenza RE-11A, and Blizzak LM-32.…

Yokohama Rubber puts up a new subsidiary in Mexico

YOKOHAMA Rubber Co., Ltd. has established Yokohama Tire Mexico S. de R.L. de C.V. (YTMX) in Silao, Guanajuato, Mexico in March this year. Appointed as President of the new subsidiary, effective April 1, is Gary Nash, who was formerly Vice…