Changing trends in OTR tire market

The RL51 is a motor grader tire for mining and construction and comes in a 23.5R25. It has a very deep tread and its cut resistance is extremely good. There's a strong demand for this tire – the annual replacement demand is approximately 9,000 units in the U.S. market.

Question: The BRIC countries (Brazil, Russia, India and China) are the heavy users of OTR tires. Are there any new, emerging countries becoming players in the market?

Nash: Indonesia has always been a player and is still growing. Mongolia is also big because they have enough coal to supply all of China for 50 years. This is a huge opportunity for Yokohama, considering our deal with the Chinese plant. Taking the same technology we've had in the past and applying it to new-generation products we're going to build, we can only expect to continue being a major contender moving forward.