The European Commission (EC) has announced its intention to revise the European tire labelling scheme. The Commission published a roadmap on 11 July indicating the timescale for this. The final revision is expected to be published in early 2019, and most of 2018 will be spent thrashing out the details of the revisions. Although a
Once the final bidders for the stake were announced, the name of the winner was no real surprise. In fact I predicted it in the email I sent last week to subscribers to our weekly China Tire Intelligence report. Even if Kumho Asiana Group is unable to raise the rumoured USD850mn to out-bid Double Star,
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
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
A weekly newsletter of developments in the China tire industry including news reports and David Shaw’s expert commentary and analysis.
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