On July 14, Sailun Group announced that its wholly-owned subsidiary, Sailun (Shenyang) Tire Co., Ltd., plans to purchase 100% of the equity of Bridgestone (Shenyang) Tire Co., Ltd. for RMB 265 million. On the same day, Sailun Shenyang and Bridgestone China signed the Equity Transfer Agreement.
On July 5, 2025, Cooper Tire (Kunshan) Company Ltd. announced the change of key members. The current general manager, Mr. Jeffrey Scott Whiteley, resigned from the position. Although the announcement did not disclose the new general manager, this change once again put this American tire company based in Kunshan, Jiangsu, in the spotlight of industry attention. As an important asset of Goodyear, Cooper Kunshan plant is not only a bridgehead for it to deepen its presence in the Chinese market, but also a key hub for R&D and innovation in the Asia-Pacific region.
Recently, Algeria's El Hadj Arabi Industrial Company announced a major industrial investment plan to build a large-scale tire manufacturing plant in the country with a total investment of 50 billion Algerian dinars (about 2.76 billion yuan). The first phase of the project aims to produce 7 million tires per year, and plans to add factory facilities in other areas of Algeria in the future, ultimately achieving an annual production capacity of 22 million tires.
Tyrepress has released the latest list of the top 20 global tire companies based on their sales in 2024.
According to relevant reports, Goodyear Tire and Rubber Co. has become a stock market darling as analysts and investors eye it as a potential tariff winner.
In early June 2025, as the dust settled on the N39° stage in Magaiti, Kashgar, the 2025 China Tarmac Rally, one of the most influential and highest-level off-road races in Asia, came to a successful conclusion. This event, known as the "Oriental Dakar", traversed the regions of Aksu, Kashgar, Hotan and the Xinjiang Production and Construction Corps, crossing the Taklimakan Desert, Gobi, and other extreme terrains. It lasted for 13 days, covering over 5,200 kilometers with 10 special stages. It brought together 233 drivers from 12 countries, driving 128 racing vehicles to battle the wilderness and ignite the Gobi, writing an epic journey of the brave with ultimate challenges.
On June 5, Zhongce Rubber Group Co., Ltd. (ZC Rubber) was successfully listed on the Shanghai Stock Exchange (stock code 603049). The number of shares issued in the initial public offering was 87.4486 million shares, the issue price was 46.50 yuan per share, the net amount of funds raised was approximately 4.06 billion yuan, and the total market value exceeded 45 billion yuan as of the morning opening.
On May 28th, the Indonesian factory of Sailun Group witnessed a historic moment - the first high-performance radial tire for passenger vehicles successfully rolled off the production line.
On May 14, Kumho Tire released its first quarter report for 2025, with overall performance achieving rapid growth.