Japanese tire manufacturers Toyo and Nitto have announced a major recall of 36,000 tires that have been declared dangerous.

Time to check the tread on your tires! Toyo announced a tire recall recently due to an error in the manufacturing process.

Though the recall includes 36,919 tires, Toyo estimates that only 1% of those tires are affected by the defect.

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Toyo Tire Corp. Chief Executive Officer Takashi Shimizu expects the tiremaker to exceed its profit guidance this fiscal year and plans to start buying back shares, helped by resilient US demand. An ...

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