Global tire industry in April 2020

We just published the April 2020 edition of our global tire industry newsletter, and distributed it to subscribers (31 March). Each corporate subscriber has the right to distribute to unlimited direct employees worldwide, so if you are interested, feel free to contact us. If your employer receives it already, we can send out a free copy.

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India, South Africa on lock-down

After Europe and the Americas, India and South Africa are the latest regions to face mass closures of tire factories. All tire factories in the two countries are closed. South Africa in lock-down for three weeks South African President Cyril Ramaphosa has imposed a lock-down for three weeks from March 26. His statement said, “All

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Tire plants close across Europe, Americas

It happened sooner than we expected, but it happened just as we predicted a week ago. Tire factories across the developed world are closing, albeit temporarily, as OE demand for tires plunges. The announcements came like a firestorm in the second half of last week (18-21 March) Michelin closed its tire plants in EuropeGoodyear closed

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World tire industry and CoronaVirus

Disclaimer; I’ve not spoken to tire makers about this. That is mostly because the situation is changing so fast and so much, that I don’t think anyone has a good handle on how this is going to develop in the West. I’m putting this out as a realistic worst-case scenario on what might happen, based

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Sustainability in the tire industry

This article was first published in the November 2019 issue of our Global Tire Intelligence Report, published at the beginning of November last year. Four or five years ago, I wrote a 200-page report on the various aspects of sustainability as they apply to the tire industry. While I am not going to update the

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From http://TireIndustryResearch.com | US Automotive Industry Groups Seek National Approach for Defining “Essential” Businesses https://bit.ly/2JzJ0xZ

From http://TireIndustryResearch.com | Coronavirus latest: Business activity crashes across Europe https://on.ft.com/3dTtTgq

From http://TireIndustryResearch.com | CEO of Italian tire maker Pirelli: US business leaders should prepare now for the worst https://bit.ly/2xGMXOG

From http://TireIndustryResearch.com | Trinseo evaluates performance of Schkopau unit for possible disposal https://bit.ly/3dJuH7I

From http://TireIndustryResearch.com | Cheap Chinese tyres threaten India’s domestic tyre manufacturers

From http://TireIndustryResearch.com | Nokian board makes decisions about remuneration; share buy-back https://bit.ly/3aJygc8

From http://TireIndustryResearch.com | Crash that killed ex-Arsenal star Reyes caused by exploding tyre at 116mph https://bit.ly/2JN3XFP

From http://TireIndustryResearch.com | Pirelli CEO thinks group can gradually reopen plants after Easter https://reut.rs/2X60LN9

From http://TireIndustryResearch.com | Toyo Tire Signs a Strategic Partnership with components supplier JAOS https://bit.ly/3aCJaQY

From http://TireIndustryResearch.com | Cabot Corporation Completes Acquisition of Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) https://bit.ly/39BZyzQ