It is reported that China National Chemical Rubber Co., Ltd. (CNRC) is planning to deploy tire production capacity in Egypt. One of the projects is to expand the capacity of the Prometeon Tyre Group factory it acquired, and the other project is to build a new factory.

Recently, Hankook Tire launched a new sub-brand Optimo in Europe. Ten years ago, Hankook Tire celebrated the launch of its sub-brand Laufenn in Europe.

Because Asian high-quality and cost-effective tire products are usually very cost-sensitive, they are extremely susceptible to rising raw material prices. It is this factor that caused CEAT's profits to plummet in the last three months of 2024.

On January 16, 2025, Hankook Tire, a world-renowned tire company, announced that it will exclusively supply tires for the FIA ​​World Rally Championship (WRC) for three years starting from the 2025 season.

On January 15, 2025, CEAT, a well-known Indian tire manufacturer, released its sales performance from October to December.

Recently, Brand Finance, a well-known brand value assessment and consulting agency, released the "Top 500 Global Brand Values ​​in 2025". Three tire companies, Michelin, Bridgestone and Continental, are on the list.

In the past two years, the tire industry has been highly competitive, especially in the overseas tire market. Many tire companies can no longer hold on, and some have closed factories, laid off employees, or cut wages!

Recently, the China Trade Relief Information Network reported that Brazil has launched a second anti-dumping sunset review investigation on automobile tires from Taiwan, China.

2025 has just passed more than 20 days, and 10 Chinese tire companies have made full efforts in Shandong, Jiangsu and Cambodia respectively - 20 days, 50 billion tire investment is already on the verge of a bowstring.

Recently, Yokohama announced plans to close its Prague plant in the Czech Republic in June 2025. After the factory is closed, the production capacity will be transferred to other factories within the group.

It's impossible! In fact, as more and more tire companies have production capacity exceeding 50 million, 100 million, and 200 million, the tire market is no longer big enough.

On January 18, 2025, data released by the General Administration of Customs of China showed that China's rubber tire exports reached 9.32 million tons in 2024, a year-on-year increase of 5.2%; the export value was 164.5 billion yuan, a year-on-year increase of 5.6%.

Michelin has announced the Primacy 5, a new tire for passenger cars and SUVs that brings substantial improvements in key performance areas.

Everyone knows that the four wheels of a car are equivalent to the two legs of a person, and they are the most important parts of the walking process. For those of us who deal with tires every day, do you really know the knowledge of tires?

Since then, a new chapter in the development of tires has been opened, and human travel has undergone earth-shaking changes since then.