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During offline store visits in 2024, we found that in more profitable truck tire stores, the store owners still like to sell big brand tires the most. Our inherent perception of tire sales, "big tires look at price, small tires look at brand", is slowly changing. -
Anyone who has come into contact with tires knows that tires look the same from the outside, no matter which brand they are, there is no difference.
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While Europe has attracted some investment - Bridgestone's projects in Spain and Hankook's in Hungary - most of the capital expenditures announced this year have gone to projects elsewhere.
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In 2024, some tire companies disclosed the prices of truck tires of different sizes. Among them, we found that the 22.5-inch tires had the fastest price reduction.
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Patents are an intangible asset. Having huge commercial value is an important means to enhance the competitiveness of enterprises; the quality and quantity of patents are the embodiment of the core competitiveness of the company's innovation ability and a symbol of the company's status in the industry; companies can obtain a long-term benefit return through patents.
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Inventory is an important issue that all tire businessmen must face. For manufacturers, most of them produce products while selling them, but they still have product inventory and raw material inventory; for tire dealers, constantly buying and selling inventory is the top priority.
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It is reported that the agroforestry project called "Fair Rubber" is carried out by the bicycle tire manufacturer in cooperation with local farmers from Fair Rubber e.V. and Yayasan Adil Makmur Sejahter Cikulur Cooperative.
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In addition to continuously paying attention to market changes, producing safe, reliable and trustworthy products, and bringing consumers worry-free driving pleasure, Cheng Shin Tire also places its own development in the overall development of the industrial chain
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Recently, Jiyue Automobile suddenly broke out that it was disbanded on the spot. This "proud son of heaven" that once carried the high hopes of Baidu and Geely was in chaos.
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Around 2000, China joined the WTO, and "Made in China" rose rapidly around the world. In Shandong, a group of tire companies are taking advantage of their years of deep experience in the rubber tire industry to take advantage of the east wind. Among them is Sailun.
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On December 17, 2024, the National Highway Traffic Safety Administration (NHSTA) of the United States announced that nearly 700,000 Tesla vehicles may be recalled due to tire pressure monitoring system (TPMS) failure.
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For the tire market, changes in the automobile market also mean new opportunities and challenges. Recently, overseas passenger car sales have declined, and the pure electric market has declined.
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Sumitomo Rubber Industries, Inc. (SRI) halted production at its 102-year-old plant in Tonawanda, New York, its only plant in North America, on November 7.
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In the passenger car tire market, foreign and domestic brands are divided about 6:4, and some say it is 7:3, but generally speaking, foreign capital occupies the absolute majority.
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t is not that the tire industry has no market, but that backward production capacity will be eliminated. It is also a fact that the overall competition in the tire industry is fierce. In addition, improving the product performance of tire companies is also a topic that will never go out of date!
