The tire company Bridgestone’s European company announced on April 28 that it has signed a long-term supply contract with the Swedish Volvo Group to supply Bridgestone’s new tires R249 EVO and R297 EVO to Volvo Trucks.

Prior to this, Bridgestone had become the long-term preferred supplier of Volvo Group in Asia, North America and South America.

Bridgestone said that the signing of this contract will significantly increase Bridgestone’s market share. However, the company did not announce the time period for Volvo trucks.

At the beginning of April, Bridgestone’s competitor Continental Group also announced that the supply agreement between Continental Truck Tire and the Volvo Group will be extended for another three years, and tires will continue to be supplied to the latter in 2010-2012.

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