Bubble bursts on electric vehicles

Official data shows that the production of electric vehicles in January 2016 was 16,100 units, up from 6599 units in January 2015. However the January figure contrasts strongly with the figure of 99,800 units reportedly produced in December 2015. There is a suggestion that the industry had inflated the production numbers, especially in the bus

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New online auto goods chain established

Zheng Chao (郑超) has set up a new online store for car replacement parts, including tires. The store is called Car Superman. The report in China Tire Dealer includes stacks of tires, and the report adds that these are tracked using barcodes applied to the tires through labels. The store allows one to buy tires

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Rubber goods factory destroyed

In a rather extraordinary story, a general rubber goods maker in Xi’an was destroyed over the new year holidays by a group of hundreds of masked men wielding crowbars, hammers and even a digger. Friendship Rubber products Co Ltd of Xian (陕西西安市联谊橡胶制品有限公司) was reportedly attacked three times over the new Year break by groups of

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US investigates dumping of OTR tires from China

Late last week, the United States International Trade Commission declared its intent to launch an investigation into imports of off-road (OTR) tires made in China, India and Sri Lanka. The investigation excludes OTR tires from China already subject to anti-dumping (AD) and countervailing (CV) duties under Antidumping Duty Order, 73 FR 51624 (September 4, 2008)

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Chinese tire manufacturers suffer losses

Profitability at Chinese tire manufacturers fell 31% YoY in the first 11 months of 2015. There were nine loss-making companies who suffered losses totaling 701 million Yuan and the goods inventory fell 6.76%, according to new data from China Rubber Industry Association. In response a small group of local tire makers is adopting similar strategies

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Linglong suffers from counterfeiting in Uganda

A report from Uganda suggests that Linglong takes local counterfeits very seriously. Just before Chinese New Year, Linglong president Wang Feng visited Uganda to sign a partnership agreement with Omar Mandela, chairman of Mandela Group, appointing its subsidiary City Tyres as their sole distributors. Wang used the opportunity to register the Linglong name and trade

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Annaite Tires claims to be global top-20 tire maker

In a press statement on SBWire, a Chinese company called Annaite Tire claims to be named as a top-20 tire maker since 2011, but does not name the source of the ranking. The company claims annual sales of RMB6billion (USD900m). This level of turnover would place it in the range 30th-40th in the world, on

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