We have just published the September issue of our global tire industry newsletter. This 36-page publication brings you unique insights into: Changes in the tire industry uncovered at the Frankfurt IAA A unique analysis of Pirelli’s IPO and prospects for the future Japan’s tire industry (in numbers) India’s tire industry (in numbers) India’s tariffs on TBR
Category: Hankook
Tire Industry in 2017
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
Where do you get your information?
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
World’s top tire makers – 2015
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
A bit of fun in the tire industry for the mid-Winter break
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
Tire makers and character
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
How China’s Tire sector might develop – Part 2
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
Hankook wins state Aid from EC for new plant in Hungary
Hankook Tire has been awarded investment aid of euro 57.9 million from The European Commission for the construction of a new tire plant in Racalmas, Fejer County, Hungary. This project will involve a total investment of € 305.5 million. It will be adjacent to the company’s existing plant in Hungary. According to the commission’s investigation,
The iFlex – what it says about the Hankook brand
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.
Hankook UK selects DHL as 3PL logistics supplier for another 3-year contract
DHL has agreed to a three year contract to manage Hankook Tyres’ UK warehousing operations. The company has taken over responsibility for the receipt, check and stock replenishment for Hankook’s facilities in Daventry, Northamptonshire. Hankook’s market share in the UK has increased over the past few years, leading the company to alter its supply chain management. The

