UPDATE 1-Japan's Toyo Tire to tie up with Michelin-paper


(Adds comment from Toyo para 3, no comment from Michelin) TOKYO, Aug 26 (Reuters) - Toyo Tire & Rubber Co Ltd is to tie up with Europe's biggest tyre maker, Michelin , in high-performance auto tyres, the Nihon Keizai newspaper said on Tuesday. The companies will share marketing and customer service networks, and jointly develop a "run-flat" tyre, which enables vehicles to run safely despite pressure loss and eliminates the need for a spare, the paper said. "We are in talks with a ...

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