Plans Readied for 5th CITExpo
(Akron/Tire Review) China, now among the top ranked countries in tire production and consumption, has been gaining marketshare in tires and related products.
Kumho Breaks Ground for New China Plant
(Akron/Tire Review) Ground has been officially broken for Kumho Tire Co. Inc.’s new radial truck and bus tire plant in Nanjing, China.
Toyo Displays at Auto Shanghai
(Staffordshire, U.K./Tyres & Accessories) Toyo Tire & Rubber Co. is exhibiting at Auto Shanghai 2007, being held at the Shanghai New International Expo Centre Apr. 22-28.
Tighter Squeeze: Low-Cost Options Add Pressure, But Private Branders Remain Strong
What do you do when all around you is chaos – a shrinking market, harsh price-based competition from overseas, lost domestic business and predictions of an early demise? U.S. private brands have seen this movie before, back when the first Japanese-produced tires hit these shores and again when South Korean tires made their way here.
Raw (Materials) Deal: Strapped By Rising Costs, Tiremakers Look at Fresh Alternatives
The volatility of the world’s political climate, the unpredictable weather in North America and El NiÑo in the Pacific Ocean are having very expected outcomes in terms of the cost of raw materials for the tire industry. Oh yes, and then there’s China. The economy of the world’s most-populous country continues to grow faster than
Michelin May Expand Shenyang Plant in China
(Akron/Tire Review) The Chinese news agency Xinhua has reported that Groupe Michelin is planning to expand its tire plant in Shenyang, capital of Northeast China’s Liaoning Province, and make it the tiremaker’s biggest production center worldwide.
Sunny Days: Kumho Unveils Plans and ‘Extraordinary Value’
Kumho Unveils Plans and ‘Extraordinary Value’
Tiremakers Go Global
(Akron/Tire Review – Korean Times) Korean tiremakers are going global and setting up operations overseas – Hankook Tire is constructing a factory in Hungary, Kumho in Vietnam and Nexen in Qingdao, China.
Hankook Tire Aims for Number Five Spot
(Akron/Tire Review – Chosun Ilbo) Just 10 years after taking office, Hankook Tire CEO Cho Choong-hwan’s bold plan to expand overseas has built the company into the world’s eighth largest tire manufacturer.
Continental CV Tyre Production Now More Than 7 million Units
(Clacton, U.K./Tyres & Accessories) Continental AG is profiting from the growing demand for commercial vehicles.