Toyo Tire & Rubber Co. Ltd. has won the Award for Technical Development in cooperation with Honda R&D Co. Ltd.
"The prize is awarded to individual members or associate developers who have developed new products or new technologies useful in the advancement of automotive technologies," say Toyo officials.
Toyo was honored for fuel efficient technologies applied to its Tranpath A20 tire, the original equipment tire for its Honda Crossroad model since 2007.