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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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Michelin stated that due to the recent continued increase in the prices of major raw materials, the cost of tire production has increased accordingly.
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The pattern of a tire is directly related to the performance of the tire, and each tire company pays great attention to the research and development of the pattern.
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As people's requirements for car comfort are getting higher and higher, today's car owners are becoming more and more picky about the quiet performance of tires when purchasing tires.
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In the development history of global tires, many tire companies have merged and many tire companies have split. As the saying goes, long-term unity will inevitably lead to division, and long-term division will inevitably lead to unity.
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The tire business is generally divided into large car business and small car business. Most of the tire shops we see in the community or in the auto parts city are car tire shops, while those seen in the suburbs or on the national highway are generally truck tire shops.
