![Leading European tyremakers investigated as part of price-fixing investigation](https://www.tyrepress.com/wp-content/uploads/2024/01/audit-4190944_1920.jpg)
Leading European tyremakers investigated as part of price-fixing investigation
Unannounced inspections, investigations, visits, raids. Whatever you call them, having the European Commission come knocking uninvited is not how any tyre manufacturer wants to start 2024. Nevertheless, that is exactly what happened at the tail-end of January across “several member states” within the European Union.
Continue Reading![Continental consolidates tyre warehousing at Czechia tyre plant](https://www.tyrepress.com/wp-content/uploads/2024/01/continental_pp_warehouseotrokovice_1-sml.jpg)
Continental consolidates tyre warehousing at Czechia tyre plant
As part of measures to centralise warehousing in the local area, Continental has officially opened a fully automated high-bay warehouse at the site of its tyre production plant in Otrokovice, Czech Republic. This 10,000 square metre, 43-metre-high facility – approximately as tall as the Statue of Liberty – has the capacity to store more than 930,000 tyres.
Continue Reading![Michelin confirms it has been investigated in EC antitrust case](https://www.tyrepress.com/wp-content/uploads/2023/03/michelin-sign-logo-sml.jpg)
Michelin confirms it has been investigated in EC antitrust case
Following the news that the European Commission has opened a price-fixing investigation across “several member states”, Michelin has officially confirmed that it too has been investigated as part of EC antitrust case. Nokian, Goodyear, Continental, Pirelli and Bridgestone have also been investigated as part of the EC case.
Continue Reading![ETRMA not subject to EC inspection](https://www.tyrepress.com/wp-content/uploads/2024/01/LOGO_ETRMA-sml.jpg)
ETRMA not subject to EC inspection
Yesterday the European Commission announced it was “carrying out unannounced inspections at the premises of companies active in the tyres industry in several Member States.” So far, we’ve learned that Bridgestone, Continental, Goodyear, Michelin, Nokian Tyres, and Pirelli received visits from EC officials.
Continue Reading![European Commission ‘conducting antitrust inspection’ at Bridgestone](https://www.tyrepress.com/wp-content/uploads/2023/10/Bridgestone-placeholder2-sml-scaled.jpg)
European Commission ‘conducting antitrust inspection’ at Bridgestone
Bridgestone joined four other manufacturers in confirming to Tyrepress that it has been part of the European Commission’s series of unannounced inspections at tyre makers active within several European Union member states. A representative told Tyrepress: “Bridgestone can confirm that the European Commission is conducting an inspection at its European Headquarters. As a responsible company that is committed to fair practices and transparency, Bridgestone is fully cooperating.”
Continue Reading![Pirelli confirms EC antitrust inspectors visit](https://www.tyrepress.com/wp-content/uploads/2020/04/pirelli-flag.jpg)
Pirelli confirms EC antitrust inspectors visit
Pirelli has confirmed that it is among the tyre manufacturers in European Union member states receiving an unannounced visit from European Commission investigators today, according to Tyrepress sister site PneusNews. The EC is concerned that companies producing replacement market tyres for cars, vans, trucks and busses may have “violated EU antitrust rules that prohibit cartels and restrictive business practices.” A Pirelli spokesperson said the company “has always acted in total compliance with all rules and regulations,” adding that “it is guaranteeing full support” to investigators.
Continue Reading![European Commission investigators make unannounced inspection at Continental](https://www.tyrepress.com/wp-content/uploads/2024/01/Conti-HQ.jpg)
European Commission investigators make unannounced inspection at Continental
The European Commission’s unannounced inspections at European tyre company premises today included Continental. The Hanover, Germany based manufacturer said, “We can confirm that as of today investigations by European antitrust authorities are taking place at Continental in Germany.” A representative added that the company could not comment further on an ongoing investigation. The EC is investigating concerns of price coordination on new replacement tyres for passenger cars, vans, trucks and busses sold in the European Economic Area.
Continue Reading![Goodyear visited in European antitrust investigation](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Goodyear visited in European antitrust investigation
Following the news that the European Commission is investigating tyre manufacturers across Europe for anti-competitive practices, we now know that at least Nokian, Continental and now Goodyear have been visited.
Continue Reading![Nokian Tyres receives EC antitrust inspection](https://www.tyrepress.com/wp-content/uploads/2023/11/nokian-placeholder.jpg)
Nokian Tyres receives EC antitrust inspection
The European Commission has initiated an unannounced inspection at Nokian Tyres plc’s headquarters in Nokia, Finland. The investigation forms part of the EC’s wider look at tyre manufacturers across several member states:
Continue Reading![EC launches tyre industry antitrust investigation in “several member states”](https://www.tyrepress.com/wp-content/uploads/2019/01/European_Commission_flags-2.jpg)
EC launches tyre industry antitrust investigation in “several member states”
The European Commission is carrying out unannounced inspections at the premises of companies active in the tyre industry “in several “member states”. The reason? “The commission has concerns that the inspected companies may have violated EU antitrust rules that prohibit cartels and restrictive business practices”, according to an official statement. So far, Nokian Tyres, Continental, Goodyear, Pirelli, and Bridgestone have confirmed they have received an unannounced inspection.
Continue Reading![Import duties: Thailand-produced car tyres may make US market gains](https://www.tyrepress.com/wp-content/uploads/2024/01/Thai-duties-scaled.jpg)
Import duties: Thailand-produced car tyres may make US market gains
The United States Department of Commerce has released the results of its anti-dumping review of imported passenger car and light truck tyres (PCR) made in Thailand. The result of the re-examination investigation is consistent with the preliminary one and its good news for Thai tyre manufacturing plants. The release of the result also means PCR products produced in Thailand are expected to enter the United States market in large quantities soon.
Continue Reading![Timing is key for 2024 motorcycling season](https://www.tyrepress.com/wp-content/uploads/2024/01/hamburg_harbour04-sml.jpg)
Timing is key for 2024 motorcycling season
We’ve done Covid-19 and grown used to rising energy prices. Now it’s 2024, and our crise du jour involves an important sea lane and those intent on disrupting its navigation. The situation is making itself felt in many parts of the tyre business, including the two-wheeler tyre segment.
Continue Reading![Next stop Mexico? Analysing Chinese companies’ overseas factory choices](https://www.tyrepress.com/wp-content/uploads/2024/01/Mexico-scaled.jpg)
Next stop Mexico? Analysing Chinese companies’ overseas factory choices
In 2023, China’s tyre industry experienced “ice and fire”. On the one hand, large tyre makers with sufficient foreign trade orders or with overseas factories doubled growth in revenue and net profit. On the other hand, the slow recovery of the Chinese market, especially the lack of demand in the radial truck tyre (TBR) sector, has put the entire downstream industry under tremendous pressure.
Continue Reading![Sailun ups Cambodia expansion to 12 million tyres](https://www.tyrepress.com/wp-content/uploads/2024/01/Cambodia-flag-sml.jpg)
Sailun ups Cambodia expansion to 12 million tyres
Following on from an October 2023 announcement that it will extend annual passenger and light commercial vehicle tyre capacity in Cambodia by 6 million pieces, Sailun Group has approved additional investment in its plant. It will invest a further RMB 773.69 million (£85.05 million) to expand the capacity expansion project from 6 million to 12 million tyres a year. In total, Sailun is investing RMB 2.25 billion (£247.33 million) in its Cart Tire Co. Ltd. project, which will result in a facility capable of making 21 million semi-steel radial tyres a year.
Continue Reading![Remember This? – January 2024](https://www.tyrepress.com/wp-content/uploads/2023/09/Jan-04-FC.png)
Remember This? – January 2024
Our monthly magazine column looks back at the biggest news events from the tyre industry five, 10, 15 and 20 years ago. This months edition looks back to January issues from 2004, 2009, 2014, and 2019 for some of the biggest tyre industry news of those months. Click the month and year to access the digital edition of the relevant issue of the magazine from Tyres & Accessories’ expanding digital archive.
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