
Loss! But tire companies are reluctant to down price.
Since the beginning of this year, the tire market production and sales have been so poor. Recently, a research institution investigated the real production status of China’s tire industry:
Since the beginning of this year, the tire market production and sales have been so poor. Recently, a research institution investigated the real production status of China’s tire industry:
Recently, Michelin released global tire sales data in May. China tire data is still the worst.
Whether it is making tires or selling tires, it is a business that requires a lot of capital to run. Once the capital circulation problem of tire enterprises cannot be solved, even the experienced enterprises who have gone through years will only be able to go bankrupt.
Since June, domestic tire companies have raised prices one after another due to the continued high levels of crude oil and other tire manufacturing raw materials.
Recently, the foreign network reported that after Goodyear acquired Cooper Tire, whether Cooper’s brands will be integrated into Goodyear’s product portfolio has been attracting attention.
Some time ago, there were reports of tire shrinkage incidents. At that time, a small number of shop owners reported that some tire manufacturers produced “shrinked” tires in order to reduce costs.
Recently, Qingdao Customs announced to the public that Qingdao Customs destroyed 32 tons of infringing tires in a harmless manner according to law.
According to the news from the Financial Associated Press on June 2, the sluggish tire industry has ushered in some signs of improvement. Stimulated by policies such as resumption of work and stable growth in Shanghai, the tire industry is expected to recover strongly.
Recently, the F6 Big Data Research Institute released the May 2022 Automotive Aftermarket Report.
Data show that in May, the year-on-year decline in output value narrowed, with a month-on-month increase of 8%.
With the gradual improvement of the epidemic situation and the gradual resumption of work in various cities, although there is still a big gap between the sales levels in the same period of previous years, the passenger car tire replacement market and the truck and bus tire replacement market are both in a state of bottoming out and recovery. .
Recently, foreign media reported on Goodyear’s major progress in tire research and development technology.
“By 2030, a fully airless tire will be on the market, which will be the first tire with 100% sustainable materials and maintenance-free,” Michael Rachita, senior program manager for non-pneumatic tires at Goodyear, said in a recent press release. “.
At the recent teleconference on economic stabilization with an unprecedented scale of “over 100,000 people”, the relevant person in charge said that in April 2022, the liquidation of enterprises across the country soared by more than 23% year-on-year.