Although only a newcomer to the tire industry, Wanda Boto is seeking a higher international profile. The company is emphasising its qualiy credentials, claiming it has bought equipment from international suppliers, buys rubber from Malaysia and Thailand and sources carbon black and steelcord from well-known international suppliers. The company claims to be coping well with
Chinese newspapers are reporting on a trip by senior executives from the Yasheng Investment Group (亚圣集) to Shandong, to discuss tire moulds. Yasheng (sometimes translated as ‘Sage Group’ is a financial investment group with educational and cultural interests which seeks to promote Confucian values in business. The company owns and operates Tiansheng company, a large
Exports of tires from Dalian District amounted to 12.12m units, worth RMB3320m. Although the export volume increased by 11.3%, the average unit value fell by 0.7% to RMB274.3. In the second half, exports amounted to 6.81m units, compared with 5.3m units in the first half. However, the average value in H2 was RMB260.7, over 10%
Putian City in Fujian Province is home to GiTi Tire, among others. The city reported tire output in 2015 was 15.37m units, down by 15% on the figure of 18.1m units in 2014. In December, output was 1.14m units, down 34% on the November figure. Source: Tire World
China Tire dealer is offering a pictorial quiz to see how many of its readers can spot the correct logo from a choice of three subtly-altered versions. The quiz has particular significance in China where many logos are copied and used on fake products. Give it a try!
An article in China Tire Dealer offered an insight into the mind of tire-stealing criminals. Apparently, the thieves prioritise their thefts. New tires with minimal tread wear are preferred, as they attract higher prices. In fact, if possible, the thieves will pick new and allow wheels as they can fetch much higher prices – up
The China Rubber Industry Association has reported sales of tire mould industry from January to August of 2015. Revenues increased 3.9% to 3.62 billion yuan. Profits increased 2.23% to 619 million yuan and export delivery value increased 25% to 890 million yuan indicating that that demand is stable and foreign tire companies have growth potential.
Looking forward to the coming years, Linglong believes it is in good shape. It has reached annual production and sales of 80m units/year. Between 2006-2010 the Chinese tire industry grew at an average 11.7% annually, but that slipped to 6.5% in 2014 and in 2015 is expected to see negative growth. In theis scene, general
A tire dealer discusses what he dislikes about his customers They bargain and always try to get a better price They don’t tell you what they want, then complain when they buy the wrong product They do all the research in to the best tire, then buy only on price. They do not trust my
China’s Air Force is seeking domestic alternatives to imported natural rubber (NR). The Shuguang Rubber Industry Research and Design Institute is helping develop alternatives to avoid the Chinese military being forced to rely on imports from foreign powers. In March 2014, China’s Air Force set up a research base with Hainan Rubber, the Air Force
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