The Goodyear Tire & Rubber Company has commented on its selection as a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony on 20 April.
Michelin has become the world’s most valuable tire brand following 30 percent brand value growth to $7.9 billion over the past year according to the latest Brand Finance report. It overtook Bridgestone (down 6 percent to $7 billion), which slipped from first to second place in the annual Brand Finance Tyres 10 ranking.
NEW DELHI (NewsRise) — Four years after it entered India, Taiwan’s Maxxis launched its first tire manufacturing plant in the country, intensifying competition in the red-hot two-wheeler market.
Maxxis, a unit of Taipei-listed Cheng Shin Rubber Industry, will initially produce tires for scooters and motorcycles at the $400-million factory in Sanand, a fast-developing auto hub in the western Indian state of Gujarat.
The plant can produce up to 20,000 tires and 40,000 tubes per day, the company said in a statement Thursday.
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.
NEW YORK — Maxxis International Inc. will partner with Major League Baseball’s New York Yankees this season as the team’s tire sponsor for a 15th straight year.
AKRON —Status quo reigned over the 2017 global tire rankings, even as the estimated value of the entire industry declined for a third straight year.
Maxxis, has announced the appointment of experience tyre industry marketeer, Nikki McCluney. As a HiQ Goodyear Dunlop alumni – and with over twenty years’ senior level marketing experience spanning retail, fast fit, fuel and light commercial vehicle, McCluney is tasked with raising awareness of the quality, performance and value offering of Maxxis products across passenger car, bicycle, motorcycle and specialist tyre markets.
Global tyre majors Bridgestone, Michelin, Goodyear, Continental and Pirelli have retained their first five positions respectively in the annual ranking of leading tyre manufacturers done by Tyres & Accessories based on full-year 2016 financial results. Sumitomo, Hankook, Yokohama, Maxxis and Cooper Tyres occupied the next five positions respectively among the Top 10 global tyre companies. One notable change this time is that Cooper has jumped over Giti to occupy the 10th position.
This report studies sales (consumption) of Racing Tires in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Michelin, Goodyear, Bridgestone, Continental, Hankook, Pirelli, and Cooper.
The Global Racing Tire Market by Manufacturers, Regions, Type and Application, Forecast to 2021 is a professional and depth research report on Racing Tire industry that would help to know the world’s major regional market conditions of Racing Tire Market, is the main region including North American, Europe and Asia etc., and the main country including United States, Germany, Japan and China etc..