Tire Business - Tire Industry News, Manufacturing News & Analysis
WEBMichelin's Tweel tire changes game, challenges industry. With Tweel, Michelin took nonpneumatic tires from concept to prototype to practical. It brought to the market a very real, very relevant airless tire that has just about every other tire maker imagining its own version of airless tires. Executives.
Global Tire Report - Tire Business
WEBTire makers commit more than $6.5 billion to capex spending. Of the $6.5 billion tracked, more than 40% — $2.85 billion — is earmarked for projects in North America and 15% for Europe. Global Tire Report.
Data shapes annual Global Tire Report
WEBSep 28, 2022 — AKRON — The five largest tire manufacturers worldwide, as ranked by Tire Business in the 37th annual Global Tire Report, remained unchanged from the 2021 ranking.. Group Michelin continued to top the charts with an estimated fiscal 2021 global tire-manufacturing revenue of $26.3 billion.
Tire Business ranks Top 75 global tire makers in 2022
WEBAug 26, 2022 — Tire Business ranks Top 75 global tire makers in 2022. The 37th annual Global Tire Report rankings, based on 2021 tire sales, showed record year for the industry. If 2020 was the global tire industry's "asterisk" year — due to COVID-19 and the associated global economic impact — 2021 might be viewed as a statistical anomaly, gaining back ...
Manufacturers making moves in Top 75 sales rankings - Tire …
WEBSep 1, 2023 — Tire makers rising in Top 75 global sales rankings. Tire Business. Michelin photo. Michelin was again ranked No. 1 in the Tire Business Global Tire Report Top 75 tire makers. Pittsburgh Steelers Coach Mike Tomlin is often quoted as saying, "the standard is the standard," and that's certainly the case in our 38th annual Global Tire Report (GTR).
Michelin, Bridgestone, Goodyear top tire makers again - Tire …
WEBAug 25, 2023 — For the annual Top 75 Tire Makers ranking, Tire Business looks at the tire makers' revenue generated from the sale of tires they've manufactured, in order to achieve a more equitable apples-to-apples comparison. Excluded are items such as third-party sales of materials (steel cord, synthetic rubber, carbon black, etc.) as well as any non-tire …
DIGITAL EDITION - Tire Business
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Michelin, Bridgestone, Goodyear top global tire makers
WEBSep 1, 2022 — AKRON — Group Michelin topped the 37th annual Tire Business Global Tire Report ranking of worldwide tire sales for a third year in a row with an estimated global tire-manufacturing revenue of $26.3 billion. The Top 5 tire manufacturers did not change in 2021 with Bridgestone Corp. close behind Michelin, followed by Goodyear, Continental …
Our View: Winds of industry future swirling | Tire Business
WEBSep 8, 2022 — Our View: Winds of industry future swirling. The headwinds — or as we might say, treadwinds — are swirling for what the future might hold for the tire industry. Despite the complications of doing business in the COVID-19 pandemic, 2021 was a stellar year for tire makers. Subscribe to Tire Business for more award-winning news and insight.
Tire replacement market tops pre-pandemic levels
WEBMar 3, 2022 — In Canada, replacement market shipments rebounded strongly from 2020, posting unit sales growth of 18.5% for passenger tires, 28.5% for light truck tires and 31.8% for medium truck/bus tires, according to TRAC data. Light and medium truck tire shipments returned to pre-pandemic levels, while demand for passenger tires was still below …