Yokohama Restructures Joint Venture

News: Japanese tyre manufacturer Yokohama Rubber (YRC) is restructuring its Vietnamese tyre manufacturing joint venture - Yokohama Tire Vietnam Company (YTVC) - to create Yokohama Tire Vietnam Incorporation (YTVI). The move is aimed at enhancing YRC's production and marketing operations in Vietnam and comes after joint investors, Mitsubishi Corporation and Southern Rubber Industry Company, decided to dissolve the joint venture. However, no financial information or details of capacity expansion or investment in YTVI was given.

This article is tagged to:
Sector: Autos
Geography: Vietnam

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