Despite all of the marketplace challenges, commercial tire dealers and retreaders are very optimistic about the future, as am I.
Continental Ag celebrated the production of its 10 millionth tire at its tire plant in Kaluga, Russia this month, just five years after the start of production.
“The Greenfield Tire Plant Kaluga is now a mature plant and a success story for us…,” said Nikolai Setzer, member of the executive board of Continental and head of its tire division.
NEW YORK, April 17, 2018 /PRNewswire/ — Market Synopsis of Tubeless Tire Market: Globally, the market for Tubeless Tire is growing at a CAGR of 7.15% during the forecast period (2017-2023). The tubeless tire also known as inflated tires, does not require any inner tube inside the tire….
LONDON—Contintental’s Philipp Struck, who will present a paper at the Future Tire Conference in Cologne, Germany, discusses the future of tires and tire technologies.
Hanover, Germany – Continental AG expects demand for passenger car tires and light commercial vehicles replacement tires to grow 3% in 2018, according to its annual report.
“The Asian market is expected to contribute around 60% of this increase, with growth of 5%,” said the German tire and technology supplier.
Market expansion, it added, will be primarily driven by China – as in previous years – with further growth in vehicle parc.
With one estimate claiming that internet sales of tyres across Europe will reach 5.5 million euros annually by 2021, this is a bandwagon to watch. With many tyre brands scratching ever harder to find new routes to market, the appeal of the internet is obvious and even perhaps a last resort.
As this column has commented on before, the efforts of the major manufacturers to strengthen their hold on retail distribution and increasingly to buy up wholesalers too will inevitably reduce the scope of smaller brands to reach the consumer. Against the backdrop, brand-specific web shops are a clear attraction.
Continental has expanded its range of summer car tires even further with its line-up now featuring more than 210 new items. As a result, the German tire manufacturer now offers one of the world’s most extensive ranges of tires for cars, SUVs and light commercial vehicles.
Hanover, Germany—A little more than two years after it confirmed plans to re-enter the farm tire market, Continental AG has launched its first two standard ag tires, the Tractor 70 and 85, and said they’d be available in North American this summer.
The premium radial drive tires are available initially in 14 sizes, a fraction of the 100 sizes Conti said it will offer in its radial and bias-ply tire portfolio by 2019.
Over the last year or so it has been broadly noted that the SUV/4×4 sector of the tyre market has been impressively resilient. Not just from the relatively local impact of the UK’s Brexit vote and resulting inflation and slump in certain motor vehicle sectors (in the UK at least). The tyre industry’s also been faced with escalating raw materials costs at a global level.
Continental has added a pre-cured tread (PCT) manufacturing facility to its existing campus in Mount Vernon, Illinois. The new plant, which began start-up production in January, will produce tread rubber for the ContiTread premium retread line. It is expected to be fully operational by the end of the first quarter of 2018.