You are here: / investigation

Tag Archive for: investigation

US tyre business loses >$5 million due to ‘widespread financial misconduct’

“Widespread financial misconduct” has been found within a “Latin American subsidiary of a U.S.-based tyre distributor” after a tyre firm called in FTI Consulting to conduct a “forensic investigation to identify and address the root causes of the issues…”. Writing in a case study, FTI Consulting reports that its forensic investigation “uncovered a scheme involving unauthorized vendor payments, kickbacks and inventory manipulation that had been concealed by employees for personal financial gain.”

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. US tyre manufacturer price-fixing class-action dismissed
  2. BSM Technologies and EMS Technologies to distribute in Latin America
  3. Goodyear relocating Latin America HQ to Akron
  4. Toyo wins $1.6 million ruling against Doublestar
/0 Comments/by

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.”

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

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’
/by

‘Budgetisation’ fightback: EC details Chinese car tyre anti-dumping complaint

, ,

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.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

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’
/by

Goodyear “anticipates” European “tariff determination”

,

Following yesterday’s confirmation from ITMA that the “the Chinese Mission in Brussels have been informed by the EU” of an anti-dumping investigation into Chinese-produced car tyres, in addition to a number of other corroborating sources including – for a short time – the European Commission’s own web site, Goodyear’s most senior executives have stated that the US-base tyre maker “anticipates” such a European tariff investigation and subsequent “tariff determination”.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. US Imposes 35% Tyre Tariff, China Plays Chicken
  2. EU publishes definitive anti-subsidy and updated anti-dumping rates
  3. Triangle adopts “quality strategy” in Europe
  4. EU extends Chinese truck tyre tariffs
/by

Confirmed: Europe to start Chinese-produced car tyre anti-dumping investigation

,

After the European Commission (EC) published and then withdrew a web page stating that it will initiate an anti-dumping investigation into Chinese-produced car tyres, news of the investigation has now been confirmed by sources in the UK and Europe. In answer to questions from Tyres & Accessories, ITMA chairman Alfred Graham confirmed that “the Chinese Mission in Brussels have been informed by the EU”.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. EU anti-dumping investigation into car tyres set to start, CRIA warns
  2. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  3. Chinese truck tyre tariffs to persist in UK?
  4. EU extends Chinese truck tyre tariffs
/by

EU anti-dumping investigation into car tyres set to start, CRIA warns

, ,

Over the May bank holiday weekend (2-5 May) many of us were outside enjoying the sunshine. Not so at the European Commission where staff were apparently preparing for the initiation of an anti-dumping investigation into Chinese-produced passenger car radial tyres known as AD733. However, by the time we at Tyres & Accessories returned to work, all references to AD733 had been removed from the European Commission’s website. Nevertheless, we have seen screenshots of the page in question taken by more than three distinct sources. Cached search results also show pages referring to AD733. T&A contacted five different European Commission (EC) press officers for confirmation of the EC’s position in relation to investigating imports of Chinese-produced car tyres into Europe. At the time of going to press, there had been no comment from the EC.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Chinese truck tyre tariffs annulled
  2. Coalition against unfair tyre imports requests tariff review
  3. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  4. EU extends Chinese truck tyre tariffs
/by

Firm investigated for alleged fake Thai tyres

Bangkok-based newspaper The Nation reports that Thai authorities are investigating a Chinese tyre manufacturer for “allegedly smuggling substandard tyres into Thailand, modifying them, and mislabelling them for export.” Quoting an unnamed source, the publication writes that the country’s Ministry of Industry is investigating this matter, but has decided to withhold the company’s name at this point in proceedings.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Chinese tyre makers off-shoring in Southeast Asia
  2. Xingda investing £200 million expanding Thailand tyre cord factory
  3. Revenue of Double Coin parent (Huayi) exceeded 10 billion yuan in 2022
  4. Thailand factory makes over half Jiangsu General’s annual revenue
/by

US tyre manufacturer price-fixing class-action dismissed

,

In the US, on 25 February 2025, US District Court Northern District of Ohio Eastern Division Chief Judge, Sara Lioi, dismissed the recent US tyre manufacturer price-fixing class-action that followed an EC investigation into similar claims relating to European tyre operations. The named defendants, in alphabetical order, were: Bridgestone, Continental, Goodyear, Michelin, Pirelli and Nokian. All six had jointly filed a motion to dismiss the price-fixing case “for failure to state a claim”.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Tyremakers sued in US class action antitrust  lawsuit – public communications and high prices at centre of case
  2. Leading European tyremakers investigated as part of price-fixing investigation
  3. Leading tyremaker stocks down 2.35% as EC antitrust case opens
  4. EC launches tyre industry antitrust investigation in “several member states”
/by

European Commission conducts further antitrust raids

,

The European Commission has confirmed it is carrying out “unannounced inspections” in connection with raids at the offices of a number of tyremakers earlier in the year. This round of raids, however, has only taken place at the premises of “a consultancy firm” in two member states, which suggests the case is beginning to focus its attention.

Read more

Related news:

  1. Pirelli confirms EC antitrust inspectors visit
  2. EC launches tyre industry antitrust investigation in “several member states”
  3. Leading tyremaker stocks down 2.35% as EC antitrust case opens
  4. Anti-dumping – EC to investigate Chinese tyre imports to Europe
/by

Goodyear involuntary manslaughter probe: Eurojust running ‘coordination centre’ in the Hague

,

Following the news of unannounced raids on Goodyear offices in France, Belgium and Luxembourg, Eurojust has confirmed that it has assisted the authorities in France, Belgium and Luxembourg with a series of coordinated searches of premises and offices of “an international tyre manufacturer”. While Eurojust hasn’t yet confirmed the identity of the manufacturer at the centre of the investigation, the locations match those that Goodyear itself has said were subject to unannounced visits.

Read more

Related news:

  1. Goodyear sites in France, Belgium & Luxembourg raided
  2. Goodyear collaborating with TuSimple on automated haulage solutions
  3. Jury finds Goodyear guilty of misappropriating trade secrets
  4. Tyremakers sued in US class action antitrust  lawsuit – public communications and high prices at centre of case
/by

Goodyear sites in France, Belgium & Luxembourg raided

In an operation that French newspaper Le Monde describes as “both spectacular and unprecedented,” investigators from three European countries carried out a series of raids against Goodyear today. The publication writes that the prosecutor in Besançon, France confirms this action, which took place just two months shy of the tenth anniversary of a fatal motorway crash involving a Goodyear Marathon LHS II truck tyre.

Read more

Related news:

  1. Broadcaster Arte releases documentary “Sophie Rollet Takes On Goodyear”
  2. Goodyear management convicted of unfair dismissal over Amiens closure
  3. Dynamic simulator for Goodyear’s European test centre
  4. The Blimp returns
/by

Leading tyremaker stocks down 2.35% as EC antitrust case opens

, ,

The share prices of Bridgestone, Continental, Goodyear, Michelin, Nokian and Pirelli were down by an average of 2.35 per cent following the news that the European Commission has started an antitrust investigation within the European Union.

Read more

Related news:

  1. Michelin confirms it has been investigated in EC antitrust case
  2. Leading European tyremakers investigated as part of price-fixing investigation
  3. EC launches tyre industry antitrust investigation in “several member states”
  4. Tyremakers sued in US class action antitrust  lawsuit – public communications and high prices at centre of case
/by

Michelin confirms it has been investigated in EC antitrust case

, ,

Following the news that the European Commission has opened a price-fixing investigation across “several member states”, Michelin has officially confirmed that it too has been investigated as part of EC antitrust case. Nokian, Goodyear, Continental, Pirelli and Bridgestone have also been investigated as part of the EC case.

Read more

Related news:

  1. EC launches tyre industry antitrust investigation in “several member states”
  2. Goodyear visited in European antitrust investigation
  3. Bridgestone’s Blizzak LM005 wins Auto Express winter tyre test
  4. Japanese tyremakers lead the way in share price performance
/by

European Commission ‘conducting antitrust inspection’ at Bridgestone

,

Bridgestone joined four other manufacturers in confirming to Tyrepress that it has been part of the European Commission’s series of unannounced inspections at tyre makers active within several European Union member states. A representative told Tyrepress: “Bridgestone can confirm that the European Commission is conducting an inspection at its European Headquarters. As a responsible company that is committed to fair practices and transparency, Bridgestone is fully cooperating.”

Read more

Related news:

  1. European Commission investigators make unannounced inspection at Continental
  2. Pirelli confirms EC antitrust inspectors visit
  3. EC to investigate anticompetitive practices in automotive exhaust sector
  4. EC launches tyre industry antitrust investigation in “several member states”
/by

Pirelli confirms EC antitrust inspectors visit

,
Pirelli

Pirelli has confirmed that it is among the tyre manufacturers in European Union member states receiving an unannounced visit from European Commission investigators today, according to Tyrepress sister site PneusNews. The EC is concerned that companies producing replacement market tyres for cars, vans, trucks and busses may have “violated EU antitrust rules that prohibit cartels and restrictive business practices.” A Pirelli spokesperson said the company “has always acted in total compliance with all rules and regulations,” adding that “it is guaranteeing full support” to investigators.

Read more

Related news:

  1. EC launches tyre industry antitrust investigation in “several member states”
  2. European Commission investigators make unannounced inspection at Continental
  3. Pirelli to appeal EC cable cartel fine
  4. Anti-dumping – EC to investigate Chinese tyre imports to Europe
/by

We see you are visiting us from China.

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.