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Now one of the largest tyre-producing countries in the world, China has an indisputable influence on the direction of global tyre trade. The home of both fast-growing up-and-coming brands as well as a burgeoning domestic market, this tag chronicles China’s involvement with the tyre business.

Tag Archive for: China

Gaps widening between China’s leading tyre-makers

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Following Tyrepress’s latest ranking of the leading global tyre manufacturers, Tyrepress sister site Tyrepress China has published its latest analysis of the leading tyre manufacturers in China. The analysis follows the publication of the 2024 annual reports of the country’s leading listed tyre companies. With ZC Rubber officially listed on the Shanghai Stock Exchange in 2025, the number of tyre companies on this list has reached 11, namely ZC Rubber, Sailun, Linglong, Triangle, Double Coin (a subsidiary of Huayi), Aeolus, Jiangsu General, Prinx Chengshan, Sentury, Guizhou Tyre and Qingdao Doublestar.

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Related news:

  1. The top 10 listed Chinese tyre companies 2022
  2. Sailun rising: China’s listed tyre companies ranked in 2022 Q3
  3. Top 10 Chinese tyre brands 2024 announced
  4. Top Chinese Tyremakers: Manufacturers ranked by tyre production capacity in 2023
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7 out of 10 motorists would buy a Chinese car

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More than seven out of 10 motorists (72 per cent) would “consider” buying a car made by one of the new Chinese manufacturers entering the UK market, according to new research. Startline’s June Used Car Tracker shows BYD is the brand with the highest level of recognition among these potential customers at 28 per cent, followed by Maxus (19 per cent) and Chery (14 per cent). 

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Related news:

  1. New report reveals changing car buying habits
  2. Used car dealers should prepare for diesel-petrol shift in two years’ time, says VRA
  3. Automechanika Shanghai – December 2007
  4. NFDA Dealer Attitude Survey results
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Jiangsu General’s overseas market revenue accounts for more than 80%

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Jiangsu General’s revenue and net profit in 2024 were 6.96 billion yuan (about £720 million; €850 million) and 370 million yuan (about £38 million; €45 million) respectively, both of which showed a significant increase year-on-year. The tyre manufacturer attributed the substantial increase in net profit to the macro-level “increase in production and sales in the automotive industry and upward demand in the overseas tyre market” and the micro-level Jiangsu General’s “global marketing network layout, optimisation of production capacity structure, and continuous promotion of lean production”.

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Related news:

  1. China’s GS Tire raises Cambodia investment to $300 million
  2. Jiangsu General investing US$300 million in Thailand tyre plant
  3. Thailand factory makes over half Jiangsu General’s annual revenue
  4. Jiangsu General raises funds for Cambodia factory
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Guizhou/Advance car tyres could enter trial production in 2025

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Guizhou Tyre’s revenue in 2024 exceeded 10 billion yuan, reaching 10.69 billion yuan (about £1.1 billion; €1.31 billion), an increase of 11.35 per cent compared with 2023. However, the company – which largely trades under the Advance tyre brand in Europe – saw net profit in the reporting period decline, down more than 25 per cent year-on-year. Net cash flow decreased by 63.17 per cent year-on-year, a significant decline. However, with developments including starting the production of car tyres during 2025, a number of opportunities remain.

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Related news:

  1. Guizhou/Advance starts European company, TUV SUD TBR testing, car tyre range and talk of new tyre plant
  2. Guizhou/Advance Tyre enters the PCR market
  3. Guizhou/Advance Tyre’s Vietnam factory 6-million-tyre project gains approval
  4. CITExpo 2018: still room for small-medium Chinese players, though times are tough
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EU anti-dumping investigation: China ‘highly concerned’

On 29 May, the Ministry of Commerce of China held a regular press conference. During the session, a reporter raised the subject of the EU’s anti-dumping investigation into car and light truck tyres made in China.

He Yongqian, the Ministry of Commerce spokesperson, responded: “We have noticed the anti-dumping investigation launched by the EU on Chinese passenger car and light truck tyre products, and China is highly concerned about this.”

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Related news:

  1. ‘Budgetisation’ fightback: EC details Chinese car tyre anti-dumping complaint
  2. Goodyear “anticipates” European “tariff determination”
  3. EU begins registering Chinese truck tyre imports
  4. NTDA: EC anti-subsidy decision ‘no great surprise’
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ZC Rubber reaches capitalisation of >$6 billion in Shanghai Stock Exchange IPO

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ZC Rubber (Zhongce Rubber Group Co. Ltd.) has officially gone public on the Shanghai Stock Exchange (SSE) under the stock code 603049. The company issued 87.45 million shares at an offering price of RMB 46.50 per share, reaching an opening market capitalization of over RMB 45 billion (£4.62 billion; 5.482 billion; $6.263 billion).

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Related news:

  1. ZC Rubber preparing for IPO
  2. Triangle IPO underway
  3. China’s top listed tyremakers in 2023: a large gap between the upper and lower echelons
  4. Bustling CITExpo 2024 show opens in Shanghai
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Chinese EV price war raises fleet fear of similar strategy in the UK

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A round of dramatic price cuts by Chinese manufacturers in their domestic market recently has raised the possibility of a similar strategy being adopted in the UK, says fleet software and management specialist FleetCheck.

The Financial Times is reporting that BYD has “fired a new salvo in a prolonged price war” by reducing prices of 20 different models by up to 34 per cent with other manufacturers following suit. Share values have fallen as a result.

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Related news:

  1. SDC trailers bought by Chinese firm CIMC
  2. Chinese tyre manufacturers aim to increase OE supply
  3. New Mercedes-Geely JV is good for both, GlobalData
  4. Modular wheel-arch technology specialist aims for OE EV REE-volution
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Yokohama fights counterfeit aluminium wheels in China

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The Yokohama Rubber Co. Ltd. has reported the successful completion of its efforts to eliminate counterfeit versions of the company’s aluminium wheels in China. In order to remove such products from the market, Yokohama Rubber filed an administrative complaint and submitted information to the Municipal Administration for Market Regulation in Anlu City, Hubei Province, China.

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Related news:

  1. Chinese authorities seize fake Yokohama wheels
  2. Prison sentence for distributor of fake Yokohama wheels
  3. Yokohama “eliminates” fake wheels in China
  4. Over 70 killed in explosion at Kunshan, China wheel plant
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Boda Tyre invests in Tanzania two-wheel tyre factory

During the Guangrao Tyre Exhibition, Tyres & Accessories learned that Boda Tyre recently invested in a motorcycle tyre manufacturing base in Tanzania. Boda Tyre, which is based in Guangrao County, Shandong Province, mainly produces 12-inch to 14-inch car tyres. In 2023, the tyre manufacturer invested in the Furibo in Tanzania, with an annual production capacity of 3 million motorcycle tyres that got underway in October 2024. Company representatives told T&A that the company also has a vision for car tyre production in Tanzania, but those plans are at a relatively early stage.

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Related news:

  1. Seyoun Tire’s 3.2 million tyre factory project gets underway
  2. Open for business: T&A tours Triangle HQ and manufacturing base
  3. April 2014 start for Yokohama’s 2nd Chinese PCR plant
  4. ZC Rubber’s Anji factory starts making tyres
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Morocco plant set to become Sentury’s next growth point

In 2024, Sentury’s revenue reached 8.51 billion yuan (about £880 million; €1.05 billion), an increase of about 670 million yuan compared with the previous year. Compared with revenue, the tyre manufacturer’s net profit increased by about 820 million yuan to 2.19 billion yuan (about £230 million; €270 million). In other words, the absolute value of Sentury’s net profitability is growing faster its revenues.

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Related news:

  1. Georgia selected as location for $500 million Sentury Tire US factory
  2. Sentury self-financing Spanish tyre factory shortfall
  3. Sentury’s Morocco tyre plant gains overseas investment approval
  4. Sentury gives Spain, Morocco and Thailand tyre factory updates
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‘Budgetisation’ fightback: EC details Chinese car tyre anti-dumping complaint

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As expected, the European Commission officially opened an initial anti-dumping investigation into Chinese-produced car and light truck tyres on 20 May 2025. Following the premature publication and removal of details relating to AD733 (as the case is known) a couple of weeks back, we now know a number of details relating to the case.

Firstly, the investigation was instigated by the same “Coalition Against Unfair Tyre Imports” that called for similar measures against Chinese-produced truck tyres back in 2017. The executive summary of their complaint reveals both the arguments that have led to the investigation and set the tone for the kind of penalties that could be imposed should the investigation find in favour of the Coalition’s complaint.

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Related news:

  1. EU anti-dumping investigation into car tyres set to start, CRIA warns
  2. EU extends Chinese truck tyre tariffs
  3. EU begins registering Chinese truck tyre imports
  4. NTDA: EC anti-subsidy decision ‘no great surprise’
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Sailun’s revenue exceeded 30 billion yuan in 2024

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In 2024, Chinese tyre manufacturer Sailun achieved over 30 billion yuan in revenues, reaching 31.8 billion yuan (about £3.32 billion; €3.95 billion). In comparison, Sailun’s revenue in 2022 was 21.9 billion yuan (about £2.29 billion; €2.72 billion). The company took two years to increase its revenue by about 10 billion yuan.

In 2024, Sailun produced 74,811,100 tyres and sold 72,155,800 tyres. Regarding its tyre sales revenue composition, about 24.1 per cent came from the Chinese market and 75.9 per cent from overseas markets.

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Related news:

  1. Chinese listed tyre companies release third-quarter results
  2. Sailun’s revenue exceeds 20 billion yuan, ranked #1 Chinese listed tyre firm
  3. Sailun’s revenue in 2023 was close to 26 billion yuan
  4. Sailun: Record operating income in H1 2022
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Official opening for relocated chemical plants

Inauguration ceremonies took place today for two relocated TSRC chemical plants in China. Both are situated in the city of Nantong, within China’s Jiangsu Province and moved to their new locations in accordance with local policy and regulations for preserving water resources and the environment along the Yangtze River.

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Related news:

  1. Arlanxeo-TSRC JV plant relocating, growing capacity
  2. China implements anti-dumping tariffs against synthetic rubber producers
  3. China continues anti-dumping duties on NBR products from Japan and South Korea
  4. Sailun Dongjiakou factory construction underway
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Necessity is the mother of invention – Chinese tyremakers changing tack in face of tariff storms

Tens of thousands of visitors, as many exhibitors as ever, and most of the best-known names in China plus some of the world’s largest tyremakers in the world were all represented at the opening of the 2025 Guangrao Tyre Exhibition – officially known as China (Guangrao) International Rubber Tire & Auto Accessory Exhibition. The event has not only grown in scale, but also in depth with the addition of recycling and a greater new material and upstream emphasis than before. However, one subject was on virtually everyone’s lips – tariffs.

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Related news:

  1. 2025 Guangrao Tyre Exhibition to run 10 parallel activities
  2. ChinaGRTAE show opens – 80,000 visitors expected
  3. How tyre companies are navigating Trump’s trade war
  4. Chinese tyre companies respond to US tariffs
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ChinaGRTAE show opens – 80,000 visitors expected

China has well and truly established itself as a major player in the global tyre market, and Tyrepress.com is committed to keeping its readers abreast of developments in this part of the world. We’re currently attending the 15th China (Guangrao) International Rubber Tire and Auto Accessory Exhibition (ChinaGRTAE), which opened today in Shandong Province, the country’s centre of tyre production. We will share information from the show here on Tyrepress.com in the coming days and weeks.

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Related news:

  1. ChinaGRTAE exhibition in Guangrao to open on 15 May, 2024
  2. CITExpo 2019 awaits. Are you ready?
  3. Davanti progressing with Protoura, planning all-season segment entry
  4. E-commerce on show at Guangrao tyre exhibition
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