In the last week, we have seen Nokian brought its factory near St Petersburg back on stream. but extended the furlough of its US factoryBridgestone Americas will restart its North American commercial tire plants on April 13.Michelin said it opened its plant in Cuneo, Italy to make tires for ambulances, trucks, vans and police vehiclesMichelin
Tire factory lock-downs escalate
Just under a week ago, we published our deep-dive analysis of the state of the global tire industry under CoronaVirus. This week we have to report that things are less opaque, but the increased clarity has done nothing to improve our pessimistic view. Update: Turkey on lock-down. All tire plants closed until 13 April Update2:
Global tire industry in April 2020
We just published the April 2020 edition of our global tire industry newsletter, and distributed it to subscribers (31 March). Each corporate subscriber has the right to distribute to unlimited direct employees worldwide, so if you are interested, feel free to contact us. If your employer receives it already, we can send out a free copy.
India, South Africa on lock-down
After Europe and the Americas, India and South Africa are the latest regions to face mass closures of tire factories. All tire factories in the two countries are closed. South Africa in lock-down for three weeks South African President Cyril Ramaphosa has imposed a lock-down for three weeks from March 26. His statement said, “All
Tire plants close across Europe, Americas
It happened sooner than we expected, but it happened just as we predicted a week ago. Tire factories across the developed world are closing, albeit temporarily, as OE demand for tires plunges. The announcements came like a firestorm in the second half of last week (18-21 March) Michelin closed its tire plants in EuropeGoodyear closed
World tire industry and CoronaVirus
Disclaimer; I’ve not spoken to tire makers about this. That is mostly because the situation is changing so fast and so much, that I don’t think anyone has a good handle on how this is going to develop in the West. I’m putting this out as a realistic worst-case scenario on what might happen, based
Sustainability in the tire industry
This article was first published in the November 2019 issue of our Global Tire Intelligence Report, published at the beginning of November last year. Four or five years ago, I wrote a 200-page report on the various aspects of sustainability as they apply to the tire industry. While I am not going to update the
Global tire industry in March
We published the March 2020 edition of our global tire industry newsletter, and distributed it to subscribers over the weekend (29 February). Each corporate subscriber has the right to distribute to unlimited direct employees worldwide, so if you are interested, feel free to contact us. If your employer receives it already, we can send out a
CoronaVirus and China’s tire industry – Update 2
An extended version of the following column was printed in the 14 Feb edition of our weekly newsletters on China’s tire industry. It formed part of a much wider analysis of the situation in China, as well as the actions of tire makers within China and international players. If you want the full detail, then
CoronaVirus and China’s tire industry – Update 1
The following column was printed in the 7 Feb edition of our weekly newsletters on China’s tire industry. it formed part of a much wider analysis of the situation in China, as well as the actions of tire makers within China and international players. If you want the full detail, then I would recommend subscribing