Some of the top issues affecting the global tire industry today include: Price changes New mobility models Tariffs Developments in China’s tire industry Sustainability Management of change Our newest Annual report “” takes a deep dive into these critical subjects. Pricing and financial performance Our looks at the volatile history over the last 12 crazy
By David Shaw This column builds on some of my previous columns about ongoing changes in our industry. This time, I want to discuss news, opinion and analysis; the relations with tire makers and how that is changing. It’s written in the context of tires, but is also relevant to other industry sectors. Changing business models
Today we are announcing the top 25 tire makers in the world. All figures in US$ Company Tire sales 2015 Percentage of corporate Corporate sales 2015 Bridgestone $26,262m 83.50% $31,452m Michelin $23,160m 100% $23,160m Goodyear $16,443m 100% $16,443m Continental Co $11,349m 26.50% $42,826m Pirelli $6893m 100% $6893m Sumitomo $6050m 86.30% $7010m Hankook $5466m 100% $5466m
You have probably read about Goodyear’s two main concept tires shown at the Geneva motor show (See images above). They generated a massive amount of publicity in the automotive and general press and on websites around the world. I think this demonstrates – despite widespread opposition to the idea – that many people in the
Many cultures regard this period as the end of one year and the beginning of the next. I’m using that as an excuse to adopt a slightly more frivolous approach to this column. With no more pre-amble, let me look back at 2015 and make some predictions for 2016. The themes of 2015 were pretty
Last week I spent a lot of time with the VDI at their meeting in Hanover. For those who don’t know, the VDI – The German Association of Engineers – is a highly prestigious organisation which links many industries. For our industry, it was one of the few forums in 2015 where tire engineers employed
Today’s announcement that Yokohama and Nippon Zeon have successfully made isoprene monomer from micro-organisms set me thinking about bio-tech in the rubber industry. I first reported on the use of micro-organisms to make isoprene back in 2008 when Goodyear announced its cooperation with Genencor. Genencor subsequently became part of DuPont. Since then, Goodyear has gone
As many of you know, I’ve been talking to many people in the global tire industry but last week at the excellent Latin American Tire show in Panama, organized by Gustavo Lima and his team, I had a bit of a revelation. I’d like to share it with you. We all know there are hundreds
In the previous article, I addressed how the international tire makers’ profitability in China might be threatened by greater availability of consumer data on tires. This article looks at the situation of China’s tire makers and how that might change in the coming decade or so. Falling prices China’s tire industry is probably the most
Darren Wells took over from Arthur de Bok as head of Goodyear’s EMEA (Europe, Middle East and Africa) operations toward the end of last year. Since then some big decisions have been taken. The Amiens dispute has been resolved; a racing tire plant in the UK is to close and Goodyear Corporate has announced plans
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