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It is not only the first overseas project of Wanli Tire, but also a key step for Guangzhou Industrial Control Group to accelerate the globalization strategy and actively participate in the high-quality construction of the "Belt and Road". -
From 2023 to 2024, Chinese tires took advantage of the global high demand to expand their production capacity crazily. In two years, more than 30 tire companies built 35 factories around the world, adding 337 million tire production capacity.
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The most important thing in the tire business is the two words "buy" and "sell". As a commodity, the circulation of tires is crucial.
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In the tire industry, the current situation of some domestic tire companies is often summarized by a slightly teasing but thought-provoking sentence: "First-rate equipment, second-rate market, third-rate products, fourth-rate brands, and fifth-rate prices."
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In December 2024, S&P Dow Jones Indices, a subsidiary of S&P Global, announced the scores of the 2024 S&P Corporate Sustainability Assessment. After reviewing economic, environmental and social standards
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In 2024, mainland China manufactured more than 1 billion tires; in the first 11 months of 2024, mainland China exported 620 million tires. More than 60% of tires manufactured by Chinese factories are exported.
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After 10 years, Dunlop's European operating rights have returned to Sumitomo Rubber. On January 8, 2025, Sumitomo Rubber announced that it had signed a purchase agreement to acquire the Dunlop trademark and other rights of the Dunlop brand in Europe, North America and Oceania from Goodyear Tire & Rubber Company for $526 million (RMB 3.856 billion).
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Data shows that even in overseas markets where snow tires are "hot selling", sales in the fourth quarter did not pick up - in November 2024, retail tire sales increased by less than 1% month-on-month.
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Tire bursts occur not only on highways, but also on airport runways. It is reported that the accident was caused by two tires bursting when the plane was taxiing at a speed of 300 kilometers per hour before takeoff.
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Recently, Nokian Tires signed a long-term contract with renewable energy supplier ENERY to provide services for Nokian Tires' zero-CO2 factory in Romania. Provide technical support for Nokian Tires' new passenger car tire factory
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Comparing the stocks of listed companies in China's Shanghai, Shenzhen and Hong Kong stock markets from January 1, 2024 to December 31, 2024, the stock prices have basically risen.
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After two years of business divestiture and closing factories with low operating efficiency, foreign-funded tire companies have begun to expand their scale again.
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China's off-road tire companies have undergone earth-shaking changes in the past few decades, from the initial obscurity to the current global leader.
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Tire Business has published relevant content before, one part is absorbed by the road, and the other part becomes haze.
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With the popularity of hard-core off-road vehicles in the past two years, the off-road tire market has also become popular.
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