I’ve spent a lot of time talking to people in China these last couple of months, and the mood is not happy. First, they are dealing with a downturn in the domestic truck market; second there is the issue of widespread tariffs against Chinese-made tires and third the question of land prices. The prospect of
I’ve spent a lot of time talking to people in China these last couple of months, and the mood is not happy. First, they are dealing with a downturn in the domestic truck market; second there is the issue of widespread tariffs against Chinese-made tires and third the question of land prices. The prospect of
In what promises to trigger the biggest shake-out of tire manufacture in recent years, China’s Ministry of Industry and Information Technology has issued a draft document on the tire industry access conditions. It is seeking comment by 15 June. The Chinese language announcement can be accessed on the MIIT website: The announcement links to a
Production and sales of automobiles in China experienced double digit year on year growth of 21.5% and 17.8% respectively in the year to February. However, production was down 21.7% and sales fell by 26% when compared against February 2013. Accumulated sales for the top 10 auto companies accounted for 90.9% of the total sales in
Hankook is the latest tire maker to produce a concept tire which relies on mechanical strength of plastic materials to carry load, rather than pneumatic pressure. The iFlex was shown at the Frankfurt IAA. I chatted with the engineers and their story was a little different from that which has been trumpeted by other publications.
Anyone who follows the news will have seen the letter from Titan CEO, Maurice (Morry) Taylor to the French Industry Minister, Arnaud Montebourg. It suggests that French workers are lazy and unproductive. Taylor adds that he has no interest in buying the factory in Amiens from Goodyear. Rather than take on the French unions, he
Michelin has opened the first phase of its new factory in Shenyang, China. The project is huge. Total investment is scheduled to be US$1500 million (1,500,000,000). It will make many kinds of tire, including the cars tires, light truck tires, truck and bus tires. Total capacity will be 12 million units/year. This is projected to
Pirelli has removed the nudes from the famous Pirelli Calendar. Thank Goodness! It is unfortunate that the most famous object associated with a tire company is a set of nude and semi-nude images of women. I thought the Pirelli Calendar was out-dated. I thought it was sexist. I thought it was inappropriate to a modern,
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.