Mao Xingjian (毛行健) has been named as chairman of Michelin Taiwan from 1 March. He replaces Frédéric Chouquet-Stringer (Chinese name: Qiu Derui (裘德瑞) who is leaving after 2 years. Source Tire China
At the Geneva Motor Show, China Tire dealer secured an interview with Pirelli’s General Manager Operations, Gregorio Borgo. Asked about the integration of Pirelli with ChemChina, Borgo said he is directly involved in that process and enjoys working with Ren Jianxin (Chairman of ChemChina). Borgo said there are great advantages for Pirelli and also for
In a long and informative interview with the president of Michelin China, Bruno de Feraudy, China Daily reports on Michelin’s strategy there. “At Michelin, we do not regard our business as tire makers. Instead, we facilitate better, safer, and more enjoyable mobility,” says De Feraudy. He said the automotive servicing market in China is growing at 19% CAGR, driven by the increase in car ownership. De Feraudy says Michelin China is eyeing fast growth through e-commerce and has sought to harness mobile phone apps and online platforms. The company is also working hard on driving sales to bricks-and-mortar stores
Western media carried this story in January, but with few details. It appears that Yokohama held an open day at the track site for members of the Japan Automobile Reporters Association (AJAJ). The report includes a diagram of the site and details on area, tracks and location: around 10km west of Asahikawa airport. Source: Yokohama
Chris Delaney is now in charge of Goodyear’s Asia-Pacific operations. “We are pleased to welcome Chris to Goodyear in this important role,” said Rich Kramer, Goodyear’s CEO. “He is a proven leader who has spent extensive time in the Asia Pacific region during his career and joins us at a critical time as we drive for growth
Kumho Asiana Group has contributed over Won100m (USD81,000) to China’s “the future belongs to the child fund”. The donations have been used to help children with learning difficulties to attend concerts and other music education. The fund was set up in 2012 and given a further boost in 2014. Source: Yunken
By the end of December 2015, with total 1305 exporters, total exports of Chinese aluminum wheels amounted to US$ 788,600 tons worth 3.867 billion. That is a decline of 1.3% in volume and 2.5% by value compared with a year earlier. The average export price was $ 4.90 / kg. 1 CITIC Dicastal Corp. 2
Carbon black producer Jianxi Black Cat has reported full-year sales for 2015. Sales fell 22.6% to RMB 4775m, while net profit plunged 82% to RMB 17.4m The decline was blamed on low oil prices and over-capacity in the Chinese carbon black market combined with low demand from Chinese tire companies. 2015 full year Previous
Carbon black producer Jianxi Black Cat has set up two subsidiaries. The first of these is Shanxi Black Cat Coking Co, which will be established in South Korea. The second is in logistics as a joint venture. It will be known as Huijin Logistics (汇金物流). Source: CRIA
The on-going IP dispute between China-based Sino Legend and US-based SI Group appears to have reached an end. SI Group has lost, according to a press release from Sino Legend. The dispute centres around resins used in tire manufacture. SI Group used to dominate the global supply of these products, but Sino Legend set up
A weekly newsletter of developments in the China tire industry including news reports and David Shaw’s expert commentary and analysis.
Monthly English & Chinese language newsletter bringing together global news stories covering retail, strategy, sustainability and legislative issues.