EU to change tire labelling rules

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

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China Tire Intelligence August 2016

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

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How many defective tires are really on the road?

In 30-odd years of reporting on the global tire industry, I’ve come across countless estimates of the number of vehicles on the road with one or more defective tires. The one thing these surveys agree on is that it is a lot. People do not care about tires People in many countries and all kinds

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Linglong posts prospectus ahead of IPO

On June 13th, Shandong Linglong Tires Ltd announced a preliminary notice of its initial public offering (share offering) on a Chinese stock exchange. The issuer’s stock is shortened as “Linglong tire”, stock code “601966”on the Shanghai Stock exchange. The company aims to issue 200m shares at RMB12.98 (USD1.97) each, raising a maximum of almost USD400m.

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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

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Tire labelling in China and Europe: part 3

In the last month there have been some significant developments in the tire industry with respect to labelling. First, China has developed its own label. It was shown at a press conference in Beijing on 22 April 2016. Second the EU has published a major study on tire labelling Third, the EU has begun a

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Tire labelling in China and Europe: part 2

In the last month there have been some significant developments in the tire industry with respect to labelling. First, China has developed its own label. It was shown at a press conference in Beijing on 22 April 2016. Second the EU has published a major study on tire labelling Third, the EU has begun a

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Tire labelling in China and Europe: part 1

In the last month there have been some significant developments in the tire industry with respect to labelling. First, China has developed its own label. It was shown at a press conference in Beijing on 22 April 2016. Second the EU has published a major study on tire labelling Third, the EU has begun a

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Tire testing comes under intense scrutiny

Last week, Nokian implicitly admitted that it rigged magazine tests of tires. In this column I want to look at how and why it might have done that and then look at some of the implications of the admission. Nokian admits rigging tests First, the facts as we know them. Finnish newspaper Kauppalehti last week

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ADAC HP tire tests 2014 – Goodyear and Dunlop on top

Seventeen tires 195/65 R 15 V size were tested and evaluated at the ADAC tire test, 2014. Seven tires were rated good. Goodyear Efficient Grip achieved maximum scores in the good category among all the seven tires for its superb performance on dry and wet roads. Hankook Kinergy Eco K425 was the second in the

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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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