If you are not happy with the results below please do another search
In 2022, China’s tyre industry has already carried out multiple rounds of the layout around new energy vehicles. Focusing on the product of passenger car tyres, seizing the new energy vehicle tyre market seems to be an essential strategy for significant tyre manufacturers to participate in future competition.
11 years ago, we published our analysis of the impact of social media and price comparison on the tyre business. Back then in July 2011, Facebook was the number one social network, with 750 million users, of which a third accessed the site via mobile devices. As of July 2022, Facebook has 2.934 billion.
On 1 September 2022, the global crypto currency market was valued at a trillion dollars, but that figure actually peaked at $2.8 trillion in November 2021. And therefore, whichever way you look at it, cryptocurrency is now a huge economic entity in its own right. With roughly 38 and 18 per cent market share respectively, Bitcoin and Ethereum are the two largest out there. Digital currencies bring with them two main features that suggest they are the future: Firstly, because they work on highly encrypted blockchain networks outside the established financial system, they offer the potential for greater efficiency and securing; and secondly, the operate as decentralised entities, taking governments and state banks out of the equation and empowering businesses and individuals with the margins that were only previously available to banks.
On the afternoon of 16 August Cheng Shin announced that production at its Chongqing factory would be suspended between 16 and 23 August to cooperate with the local government’s power policy. It is reported that Changshou District, Chongqing City, where the Cheng Shin factory is located, has experienced continuous high temperatures recently, and the power supply gap has continued to expand. The local government advocates for industrial enterprises to stop production to ensure electricity consumption for residents and ease the pressure on the power supply.
Michelin is parting ways with the ABB FIA Formula E World Championship following the 2021/22 season finale. With Hankook limbering up and ready to take over next year, the French tyre maker has looked back on its eight years with the championship, convinced that its work has “made a concrete contribution to the success enjoyed by Formula E today.”
Leading German motoring magazine Auto Bild has named Goodyear its summer tyre manufacturer of the year. It announced this honour in the 13 April 2022 edition of Auto Bild (issue 15/2022) after declaring the Goodyear EfficientGrip Performance 2 winner and eco champion in its main summer 2022 tyre test and the Eagle F1 Asymmetric 6 victor in its high-performance test. Partner publication Auto Bild Allrad also voted the EfficientGrip 2 SUV joint winner of its summer test.
Porsche has approved three Continental tyre models as original equipment for the Taycan. The all-electric sports car can be delivered from the factory with the Continental PremiumContact 6 summer tyre in the front wheel size 225/55 R 19 XL and size 275/45 R 19 XL at the rear. Customers in European markets can also select WinterContact TS 860 S in the same sizes. Taycan buyers in North America can order their car with all-season Continental ProContact RX tyres in the aforementioned dimensions as well as 245/45 R 20 XL and 285/40 R 20 XL or 265/35 R 21 XL and 305/30 R 21 XL.
It’s 18 years in a row for Michelin. The tyre maker has ranked highest in all segments of the J.D. Power 2021 U.S. Original Equipment Tire Customer Satisfaction Study and points out that this result marks its 18th consecutive highest ranking in the Luxury category as well as sixth consecutive highest ranking in the Truck/Utility Vehicle category.
Until recently, the Guinness World Record for the fastest speed by a vehicle indoors stood at 86 mph. That was until Leh Keen’s Porsche Taycan Turbo S was clocked by independent adjudicators at 102.6 mph inside the New Orleans Convention Center. Keen’s all-electric Taycan Turbo S has a maximum of 750 hp, with four-wheel drive to maximize grip, powerful carbon ceramic brakes and the ability to accelerate to 60 mph from a standstill in just 2.6 seconds. And what’s more the record was set on the Taycan’s standard fitment original equipment (OE) tyres. But what tyres were they?
Even for the best forward-planners, 2020 was a year of surprises. And while the word “unprecedented” has been worn out during the last 12 months, it is difficult to find another more appropriate term. With everything from business closures, to a global pandemic (and with the pandemic resulting in lockdowns, factory closures and spikes in online and mobile tyre business), there certainly has been a lot going on. That’s why in January we crunched the numbers relating to our website traffic in order to find our what exactly were the top 10 stories of 2020.
Michelin motorsport director Matthieu Bonardel has given his reaction to the announcement of a changing of the guard in the world’s premier battery-powered single-seater racing series. Despite Hankook’s move to replace Michelin as Formula E tyre supplier after the 2021/2022 season, the French manufacturer continues to believe that “sporting competition and sustainable mobility are inextricably linked.” Michelin was the tyre inaugural supplier to Formula E, which began in 2014/15, and has actively shaped the series as exclusive tyre partner ever since.
This report, published by Astutus Research in association with Tyrepress, provides a highly detailed assessment of the European PCLT industry, including forecasts of market development to 2023. “Future Dynamics of the European PCLT Tire Industry” is researched and written by market experts, with several decades of experience analysing the global tire industry. Previewed within the supplement, European Passenger Car and Light Truck Tyre Manufacturing, the full report by the leading analyst of the automotive aftermarket gives tyre professionals a complete picture of the European tyre distribution chain and represents essential reading.
Published in association with Tyrepress | For a limited time, purchasers will receive a complimentary one-year subscription to Tyrepress.com (including online access to the magazine).
Phone: +44 1782 214224
Email: info@tyrepress.com
After purchase, the report will be dispatched by Astutus Research to the email address given within two business days of receiving your order.
To previes the contents of the full report, read pages 4-9 in our special promotional supplement here.
This month we face the latest Brexit deadline. The deadline Prime Minister Boris Johnson said he would rather “die in a ditch” than overshoot. However, as we go to press no-one knows if we will Brexit on this date; and if we do, what kind of Brexit it will be. We reported how automotive manufacturers and their suppliers have made their feelings known en masse here, but the broader truth is that the details of the subject remain a great unknown. So, let’s look to the future and how more businesses what to make their future an ecologically sustainable one.
At the start of May, Zivojin Sekulic of GAJ d.o.o. gave a presentation on the digital transformation of the tyre industry at Guangrao Tyre Conference and Expo 2019. Shortly afterwards, he shared details of the presentation with Tyres & Accessories, which shows how digital data is affecting all parts of the distribution chain.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.