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CYPRESS, CA – Toyo Tire Corporation and Toyo Tire U.S.A. Corp. (“Toyo Tires”) today announced that the United States District Court for the Central District of California has entered a default judgment in the amount of $16,710,493 against Hong Kong Tri-Ace Wheel & Tire Corporation, and its founder, owner and manager Jinlin Ma (collectively “HKTA”) for trade dress infringement, fraud, and unfair competition, based on HKTA’s infringement of Toyo Tires’ intellectual property.
The Court also entered an injunction against further sales of the AMP M/T tire, or any other HKTA tire that infringes upon Toyo Tires’ Open Country M/T®.
“Toyo Tires is pleased that federal courts have consistently recognized Toyo’s intellectual property rights and protected consumers from inferior imitations of our best-selling Open Country M/T tire,” said Iori Suzuki, Chairman, President and CEO of Toyo Tire Holdings of Americas Inc. “Intellectual property rights protect Toyo's substantial investments in the research and development of our tires. As we have said before, Toyo will continue to relentlessly and unwaveringly pursue those who violate our rights.”
On September 18, 2019, the Court entered judgment against HKTA awarding $16,379,307 in compensatory damages and $331,186 in attorney fees. The lawsuit against HKTA was triggered by the sale of the AMP M/T tire, a copy of Toyo Tires’ best-selling Open Country M/T® tire. HKTA failed to respond to the complaint, resulting in Toyo Tires bringing a Motion for Default Judgment.
About Toyo Tire Holdings of Americas Inc.
Toyo Tire Holdings of Americas Inc. (“TTHA”) is the wholly-owned North American subsidiary of Toyo Tire Corporation of Itami City, Japan. Headquartered in Cypress, California, TTHA and its group companies manufacture, import, sell and distribute Toyo and Nitto brand tires in the U.S., Canada and Mexico.
Toyo Tires maintains its commitment to innovation, quality, performance, and excellent customer service. Significant and continuous investments are made in its U.S.-based manufacturing facility and support operations in order to produce and offer high-quality tires to our customers. The company’s tire portfolio covers a broad range of applications, including high-performance racing-inspired tires, rugged off-road tires for light trucks and SUVs, luxury-touring tires, and commercial truck tires.
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