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On the evening of April 28, 2025, Sailun Tire released its 2024 annual report. Operating income increased by 22.42% year-on-year to 31.802 billion yuan -
As of April 30, 2025, the main board listed tire companies disclosed their financial data for 2024. If only the sales of tire business are calculated, the performance of tire companies in 2024 is not as strong as expected.
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On April 25, 2025, Linglong Tire issued an announcement on the development of overseas (Brazil) investment and construction projects and cumulative foreign investment.
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In 2025, China's semi-steel tire production capacity is still expanding; not only Chinese tire companies need to expand, but also foreign tire companies.
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In the first quarter of 2025, Chinese tire companies did not seem to have a good start. Not only are truck tire sales declining, but car tire sales are not very good either. Some tire companies' car tire sales have fallen by nearly 3%.
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Recently, Linglong released its full-year performance report. In 2024, Linglong Tire achieved a revenue of 22.058 billion yuan, a year-on-year increase of 9.39%
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In the future, the global tire industry will present a dual-track pattern of "foreign capital dominates the high-end market and China dominates the mid- and low-end markets".
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Inventory is an important issue that all tire dealers must face. The May Day holiday is coming soon, and tire dealers must keep inventory in case of emergency.
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Overall, around April 27, 2025, the domestic and foreign rubber markets will be affected by tariffs and other factors.
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In the arena of high-performance tires, Hankook Ventus series has become the favorite of many car owners with its excellent grip performance in all scenarios.
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As the penetration rate of new energy vehicles exceeds the 40% mark, silent tires are becoming a new battlefield in the industry.
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With the rise of China's tire industry, the strategic contraction of foreign brands has become a foregone conclusion. From the collective withdrawal of foreign capital in the truck and bus tire (TBR) market to the undercurrent in the passenger car tire (PCR) market, an industry reconstruction led by local enterprises is taking place.
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On April 24, 2025, Michelin released its first quarter financial report. Data showed that due to the decline in supporting business in Europe and North America, its overall sales fell by 1.9% year-on-year to 6.515 billion euros (about 53.9 billion yuan).
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The Trump administration intends to reduce tariffs on Chinese goods from 245% to 50%.Reason for reduction: The original tariff policy triggered a negative chain reaction, resulting in a surge in costs for US domestic companies
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As the hottest topic in the world, the concept of new energy has been full of doubts and ridicule since its birth. From the initial disdain to the governments of various countries taking great efforts
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