Brexit and the tire industry

Let me first say that I don’t like discussing politics in public. I think that in general, business tries to do its best, irrespective of the interference of politicians, many of whom are only in post for a few years and cannot take a long term view. And even more of whom have little idea

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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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China Tire Intelligence – May 2016

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

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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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Apollo in motion

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

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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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Tariff pressure on Chinese truck tires grows

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

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Why the Tire Tech conference will help your business

Tire Tech opens in three weeks time at its new venue in Hanover. Many of you know that I was closely involved in developing the conference programme for 2016. In this column I discuss some of the highlights of the conference, and how tire professionals can benefit. First, I want to thank the team at

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China Tire Intelligence Report

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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Monthly English & Chinese language newsletter bringing together global news stories covering retail, strategy, sustainability and legislative issues.