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
Following the successful launch of our weekly intelligence report on China’s tire industry we have decided to publish a monthly summary of the latest trends. By David Shaw Outlook improving We expect to see tire production volumes rise significantly in June and July. Orders beyond that period are uncertain. Last month we noted that some
Historically, the tire industry’s focus on sustainability has been driven by energy consumption and CO2 emissions. I know, because I just published a report on the whole subject of tire industry sustainability. Sustainability focussed on energy footprint It is drilled into tire engineers that around 80% of the total energy footprint of a tire depends
By David Shaw Tire makers still in a bad way China’s tire makers are still in a bad way. Spring has not yet arrived after the long economic Winter caused by US tariffs, the economic slowdown and other factors. Nevertheless, there are signs that the last snows have fallen and a few early flowers might
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
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
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
Apollo Tyres and its Vredestein unit are developing a new brand strategy and making structural changes to their European operations. Speaking exclusively to Tire Industry Research at the Geneva Motor show, Apollo CEO, Neeraj Kanwar said the company is changing its brand strategy. The change is driven partly by a drive to build OE contracts
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
In the evening (US time) of 29 January, the US International Trade Commission (ITC) formally announced its decision to investigate allegations of dumping of China-made truck tires and a separate allegation of unfair subsidies. These could result in anti-dumping duties and countervailing duties respectively. Late last night in the US, the ITC posted a timetable
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.