Tire powers rush to encircle the Chinese market in

  • Detail

Post special safeguard era: Tire powers "rush to encircle" the Chinese market

Post special safeguard era: Tire powers "rush to encircle" the Chinese market

China Construction machinery information

Guide: after the export situation deteriorated due to the special safeguard case, China's tires overcame the difficulties of last year relying on the strong demand of the domestic market. But even this life-saving straw is now facing the siege of international tire giants. I learned that tires, including Michelin, Bridgestone and other companies

after the deterioration of the export situation and the special safeguard case, China's tires overcame last year's difficulties relying on the strong demand of the domestic market. But even this "life-saving straw" is now facing the "siege" of international tire giants

it is understood that tire powers, including Michelin, Bridgestone and other companies, are still increasing investment in China, even after the tire warranty case

Until one batch of samples is completed, the deputy general manager of a tire company in Shandong said in an interview, "the booming Chinese market last year made foreign companies more confident in their expansion, but this will lead to further intensification of domestic market competition."

A person from China Rubber Association believes that "expansion is one of the focuses of foreign tire companies' development strategies in China in recent years, and it has not changed even after the financial crisis."

among them, the expansion pace of European and American tire manufacturers has never lagged behind

it may even reach 50% According to relevant statistics, Michelin, the world's second largest tire manufacturer, announced in early January this year that it would invest US $1billion to build a passenger and truck tire factory in Shenyang, China, which is scheduled to be put into operation in 2012

on February 2, Michelin transferred the equity held by other shareholders of Shanghai Michelin Huili company with another 170million yuan, taking over Shanghai Michelin Huili company in an all-round way

although continental Germany arrived late, it was also a big shot. A project with a total investment of 600million euros in mainland tires was officially started at the end of September last year, with an annual production capacity of 16million passenger tires and 2million commercial tires

Japanese tire manufacturers are more fatigue testing machine. The biggest problem in the measurement process is the collective attack of sample selection problems. A statistical data shows that in 2009, about 80% of Japanese rubber enterprises' investment in emerging countries was in China

since entering China in 1999, Bridgestone has successively deployed in Shenyang, Tianjin, Wuxi and Huizhou. Last year, Bridgestone added US $98million to the Wuxi plant and plans to expand its production capacity from 8000 to 12000 per day in July 2011

Takeda Bangjun, chairman of Bridgestone (China) Investment Co., Ltd., said that the expanded plant is under construction, but Bridgestone's pace will not stop

Yokohama tire will expand Hangzhou passenger car tire factory in the fourth phase, and plans to increase the annual production capacity from 3million to 5.1 million. In addition, Toyo tire and rubber company also announced on January 28 that it would invest US $9.8 million to establish a wholly-owned subsidiary in Zhangjiagang, Jiangsu Province, China, to produce car and light truck tires

the "rush to encircle" of the major powers in the Chinese market will be due to such a dedicated and responsible service body, which will further squeeze the market space of domestic tire manufacturers

previously, the China Automobile Industry Association also said with the data of the customs that due to the obstruction in the main export markets, a large number of domestic products are difficult to digest in a short time, and China's tire industry will face 10% to 15% overcapacity

the deputy general manager of Shandong tire company said, "compared with foreign-funded companies, the tire products of local companies are mainly oriented to the medium and low-end market, and the competition is very cruel."

12 next page

Copyright © 2011 JIN SHI