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On January 15, 2025, CEAT, a well-known Indian tire manufacturer, released its sales performance from October to December.
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Recently, Brand Finance, a well-known brand value assessment and consulting agency, released the "Top 500 Global Brand Values in 2025". Three tire companies, Michelin, Bridgestone and Continental, are on the list.
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In the past two years, the tire industry has been highly competitive, especially in the overseas tire market. Many tire companies can no longer hold on, and some have closed factories, laid off employees, or cut wages!
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Recently, the China Trade Relief Information Network reported that Brazil has launched a second anti-dumping sunset review investigation on automobile tires from Taiwan, China.
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On January 18, 2025, data released by the General Administration of Customs of China showed that China's rubber tire exports reached 9.32 million tons in 2024, a year-on-year increase of 5.2%; the export value was 164.5 billion yuan, a year-on-year increase of 5.6%.
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Everyone knows that the four wheels of a car are equivalent to the two legs of a person, and they are the most important parts of the walking process. For those of us who deal with tires every day, do you really know the knowledge of tires?
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Michelin has announced the Primacy 5, a new tire for passenger cars and SUVs that brings substantial improvements in key performance areas.
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Since then, a new chapter in the development of tires has been opened, and human travel has undergone earth-shaking changes since then.
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Continental Tire Andina SA recently announced operational adjustments to its tire manufacturing plant in Cuenca, Ecuador.
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China's first-tier tire companies are taking advantage of the opportunity of China's tires selling well around the world to strive to enter the world's first-tier! And today we will see which company has more strength to enter the "competitive city" of the world's first-tier.
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Recently, the Shenyang Development and Reform Commission issued a review opinion on the Energy Saving Report of Michelin Shenyang Tire Co., Ltd.'s high-performance radial tire green intelligent manufacturing project.
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Recently, Wuchan Zhongda Chemical Group and Hainan Rubber Group signed a strategic cooperation agreement in Haikou. Wuchan Chemical expressed the hope that both parties will deepen development in "upstream and downstream" and "going global".
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In the first two weeks of 2025, China's tire operating rate once again hit the boundary, and the operating rate of semi-steel tires close to 80% hit a five-year high.
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With the saturation of the Chinese tire market, the domestic market alone can no longer meet the needs of tire companies for development.
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On January 10, 2025, Qingdao Sentury Tire Co., Ltd. issued a notice on the adjustment of domestic market prices. According to the data, due to the sharp rise in raw material prices, the manufacturing cost of the company's tire products has increased significantly.
