This week marks a year since we introduced our China Tire Intelligence report. We remain the only publication that routinely tracks Chinese-language news coming out of China’s tire industry and then merges that intelligence with international news affecting the sector. We report on more than 50 stories each week, far more than any other publication.
By David Shaw It’s traditional at this time of year to review the last 12 months and look forward to the coming year. For the last 12 months, there have been a lot of stories, but I think five main themes stand out: Increasing trade protectionism, especially against China-made tires Greater globalism in the
By David Shaw, Tire Industry Research If you work in the tire trading business, you’ve probably been receiving a series of emails from suppliers telling you about price increases. These are blamed on rocketing raw material costs Yet there’s not much sign of prices increasing in the retail market. If anything prices are still going
This is the End-November report from Tire industry Research, based on our weekly China Tire Industry newsletter. October September August July June Price increases The hottest news this month has been price rises. Tire makers across China have been raising prices based on higher input costs. We’ve listed the announced price increases and we’re tracking
This is the End-October edition of our monthly China tire industry updates. It is based on content from our weekly China Tire Industry intelligence report. Following last month’s revelations about Triangle’s over-stated revenues, there is continued evidence of the same in the company’s Q3 results where Triangle revenues continue to decline while those of Linglong
This is the End-September edition of our monthly China tire industry updates. It is based on content from our weekly China Tire Industry intelligence report. This month in China’s tire industry we saw the culmination of Triangle’s 3-year project to raise USD 650m in cash through a share issue. We also saw a lesser-known company,
I think the tire industry is going through another major transformation. Since I started analysing this industry in the late 1980s I’ve seen only two or maybe three such large-scale transformations. To give you an idea of the scale of transformation I am talking about, think of the switch from bias-ply to radial construction in
Continuing our reporting on developments in China’s tire industry, August has been an active month, with IPO approvals given to both Triangle and GST. Triangle’s is going well, with the share price of RMB22.07 raising up to USD640m. The 30% share that was sold online was over-subscribed by a factor of over 2000 times. (See
Last week, after many delays, Triangle Tire finally launched a programme to sell up to 200m shares on the Shanghai stock exchange. The issue price will be RMB22.07/share, leading to a potential gain of RMB 4285m (USD 641m) after costs and charges. The issue is scheduled to take place in the first half of September.
Where grip comes from No-one knows the truth about how tires get their grip. We have a pretty good idea, but we don’t know everything about it. We know, for example that grip is associated with a number of factors: Rubber distorting around and engaging with microscopic asperities in the road surface; Weak chemical interactions
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.