According to authoritative Pakistani newspaper Dawn, Chinese manufacturers now hold an 85 per cent share of the country’s car tyre market, up from 40 per cent in 2018. It also reports that Chinese tyre makers have increased their share of the light truck tyre segment from 40 per cent to 65-70 per cent during the same timeframe, while their share of the truck/bus tyre market has risen from 40 per cent to more than 75 per cent.
Acces Auto-Trading has become the latest company to join the International Tyre Manufacturers’ Association (ITMA) and the first from Eastern Europe.
Recently, the mouthpiece association for tyre dealers in India released statistics that appear to contradict concerns expressed by the body representing the country’s tyre manufacturers. After the Automotive Tyre Manufacturers Association (ATMA) petitioned India’s Ministry of Commerce & Industry in March to increase duties on truck and bus radials imported from China, the All India Tyre Dealers Federation (AITDF) responded with figures that show quantities of imported tyres arriving in India are falling rather than rising. The ATMA has in turn hit back, claiming that the AITDF numbers don’t tell the full story.
The European tyre market is up, but imports are growing too, meaning ETRMA members are not benefiting from the increase as much as others. At the same time, the retread market decreased for the fourth consecutive year, and in 2015 it expected to plunge a further 10 per cent to 4.2 million tyres.
A new habit in cost cutting measures by major transport companies in Australia is likely to come back to haunt them, according to independent industry expert, Brad Bearman, who says the revamping of tyre purchasing and management dynamics to save costs is highly likely to emerge further down the track as a higher expense.
“In general, a sizeable percentage of the larger transport companies are dropping links with the better-known tyre companies such as Michelin, Bridgestone and Beaurepaires for their supply and servicing,” said Mr Bearman. “Instead, they are purchasing tyres directly from non-traditional Asia-based producers and appointing inexperienced in-house tyre fitters in the false belief they will get better results. This is good in principle, but the real problems will emerge a little further down the track,” added Mr Bearman, developer of the world’s only software based Bears Tyre Tracker.
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