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Michelin stated that due to the recent continued increase in the prices of major raw materials, the cost of tire production has increased accordingly. -
The pattern of a tire is directly related to the performance of the tire, and each tire company pays great attention to the research and development of the pattern.
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As people's requirements for car comfort are getting higher and higher, today's car owners are becoming more and more picky about the quiet performance of tires when purchasing tires.
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In the development history of global tires, many tire companies have merged and many tire companies have split. As the saying goes, long-term unity will inevitably lead to division, and long-term division will inevitably lead to unity.
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The tire business is generally divided into large car business and small car business. Most of the tire shops we see in the community or in the auto parts city are car tire shops, while those seen in the suburbs or on the national highway are generally truck tire shops.
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According to incomplete statistics, as of December 25, the number of price increase notices for 2024 has exceeded 150. Tire prices have gone crazy!
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For long-distance travel, all-season tires are a good choice, and they are more adaptable than summer tires. Foreign institutions have evaluated 6 popular all-season tire products, including Michelin, Bridgestone, Goodyear and other big-name tires.
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During offline store visits in 2024, we found that in more profitable truck tire stores, the store owners still like to sell big brand tires the most. Our inherent perception of tire sales, "big tires look at price, small tires look at brand", is slowly changing.
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Anyone who has come into contact with tires knows that tires look the same from the outside, no matter which brand they are, there is no difference.
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While Europe has attracted some investment - Bridgestone's projects in Spain and Hankook's in Hungary - most of the capital expenditures announced this year have gone to projects elsewhere.
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In 2024, some tire companies disclosed the prices of truck tires of different sizes. Among them, we found that the 22.5-inch tires had the fastest price reduction.
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Patents are an intangible asset. Having huge commercial value is an important means to enhance the competitiveness of enterprises; the quality and quantity of patents are the embodiment of the core competitiveness of the company's innovation ability and a symbol of the company's status in the industry; companies can obtain a long-term benefit return through patents.
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Inventory is an important issue that all tire businessmen must face. For manufacturers, most of them produce products while selling them, but they still have product inventory and raw material inventory; for tire dealers, constantly buying and selling inventory is the top priority.
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It is reported that the agroforestry project called "Fair Rubber" is carried out by the bicycle tire manufacturer in cooperation with local farmers from Fair Rubber e.V. and Yayasan Adil Makmur Sejahter Cikulur Cooperative.
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In addition to continuously paying attention to market changes, producing safe, reliable and trustworthy products, and bringing consumers worry-free driving pleasure, Cheng Shin Tire also places its own development in the overall development of the industrial chain
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