A completely new size for Giti Tire in Europe, the freshly-released Giti GSR237 Combi Road steer tyre in 355/50R22.5 offers a further fitment option for vehicles used in high load, low platform transportation. Giti Tire says it designed the GSR237 Combi Road to compete with premium brands – which up until now have been the only manufacturers producing this size.
Giti Tire has extended its non-exclusive distribution agreement with long-term Nordics partner Vianor. The new extension will run until 2024, which will mean the relationship between the companies will pass its 20th anniversary. The deal covers GT Radial passenger car, SUV and light truck tyres (both summer and winter) and Giti heavy truck and bus products in Finland, Norway and Sweden. Vianor distributes tyres through its own self-branded stores and independent retailers, at more than 500 points of sales.
On 4 May 2022 the European Court of Justice ruled that anti-dumping and anti-subsidy tariffs imposed against Chinese produced truck tyres in 2018 must be annulled. We take a close look at the ruling and the immediate impact on retreaders and Chinese tyremakers alike from page four of June’s bilingual Retreading Special supplement onwards. But what about the tariffs charges that have already been paid? And what about the ongoing impact of the tariff annulment?
Chinese listed tyre companies have successively released their 2021 annual reports in recent weeks. Here, Tyrepress analyses these annual reports’ comparing developments in revenue, operating conditions and overseas factory strategy. And the short story is Linglong remains the largest tyremaker amongst the top 10 listed Chinese tyre companies and that Sailun is the fastest growing.
Giti Tire was “delighted” to reengage with its business partners and exhibit its revised product line-up at The Tire Cologne 2022. For the company’s European operation, the show represented the end of “a four year vacuum”, allowing employees and customers from around Europe, the Middle East and Africa to assemble, building “a platform for future success”.
Visitors to The Tire Cologne had the opportunity to see to Giti Tire’s growing product portfolio. Highlights included Giti Radial’s latest UHP tyre, the SportActive 2, as well as extensions to the GT Radial FE2 performance range. The Giti brand was well represented, too, with the Giti4x4 AT71 heralding a return to the all-terrain segment in the UK.
The Giti Tire Motorsport by WS Racing team returns to the Nürburgring 24-Hour on 26-29 May seeking to defend its class victory in the powerful SP8 category in 2021. The trailblazing #gitiracing all-female team will compete in a new BMW M4 GT4, one of four taking to the grid for Giti Tire Motorsport by WS Racing. The team is celebrating its sixth straight year at legendary Nordschleife and the fourth with the pioneering ‘Girls Only – Ready to Rock the Green Hell’ crew. All cars will run on the GitiCompete GTR1 tyre, part of Giti’s comprehensive global motorsport portfolio. This year marks a milestone for the event too; it is the 50th ADAC TOTAL 24h Race.
Giti Tire will welcome visitors to Stand B-030-C-039 in Koelnmesse’s Hall 7 at The Tire Cologne (24-26 May) with its next generation Giti and GT Radial branded tyres on display. For passenger cars and SUVs, the manufacturer will show the GitiSynergyH2, GitiSportS2, GitiWinterW2 and the recently launched Giti4x4 AT71 all-terrain tyre, as well as the GT Radial FE2, SportActive 2 and WinterPro2 for the first time. It will also use the occasion of the return of Europe’s largest tyre expo to launch three new heavy duty truck tyres. More than 15 product lines will be housed on Giti’s stand, demonstrating both of its flagship ranges’ revamps over the past two years.
Giti Tire has launched the Giti4x4 AT71, the manufacturer’s eponymous brand’s first all-terrain tyre available in Europe. The Giti4x4 AT71 targets a wide variety of vehicle types from AWD SUVs to heavy-duty pick-ups. Giti says the tyre offers “precise control and a durable performance both on and off-road” for “adventurous motorists”. It is available in eight sizes between 17” and 20″, section widths from 245-285, series sizes from 50-70 and speed indices S and T. The tyre offers a wet grip rating of A-C, rolling resistance of C-D and a noise level of B on the EU tyre label.
Italy-based Magri Gomme has hosted 2021’s best performing Giti and GT Radial customers at a celebratory event at the ski resort of Livigno. Dealers were given the opportunity to try out the brands’ latest winter tyres at Livigno Ice Driving School, including the GT Radial IcePro3, GT Radial WinterPro2 Sport, and the new GitiWinterW2.
Following on from a solid performance the 185/65 R15 tyre test recently performed by European motoring associations ADAC, ÖAMTC and TCS, Giti Tire has expanded the GitiSynergyH2 range with the addition of a further 30 sizes. The GitiSynergyH2 is now available in 46 passenger car, CUV and compact SUV sizes. The new size range covers 14- to 18-inch rim diameters, section widths from 165-235, series sizes from 50-70 and speed indices across T, H, V, W and Y.
Not only did Giti break into the top 10 of Brand Finance’s annual tyre brand ranking, but it is also amongst the fastest risers. According to the company, this result “underscores the efficiency of the strategies adopted in the last two years to overcome the problems resulting from the Covid19 pandemic”.
Michelin has once again topped the tyre table within Brand Finance’s ranking of the world’s strongest and most valuable brands. Michelin achieved a brand value of US$7.7 billion and a brand strength index score of 85.8 out of 100.
Giti Tire has responded to allegations of problematic employee relations at its Richburg plant in the USA. Following the publication of a joint letter penned by the United Steelworkers (USW) union and “more than 40 civic, faith and government leaders,” David Shelton, director of industry relations, Giti Tire Manufacturing (USA), states that the tyre maker “always welcomes sincere and legitimate input from our team members and other community members.” He adds that Giti Tire’s policy is to ensure it possesses “all the facts and accurate information” before taking action on such matters and calls upon others to do likewise.