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2003 Global Tire Company Rankings


Updated August 2003
Based on 2002 sales; includes subsidiaries.
(Figures in millions of dollars, translated at average annual currency exchange rates)
 20022001
2002
Rank
2001
Rank
Co./HeadquartersTire
Sales
% of total
corp. sales
Tire
Sales
% of total
corp. sales
1 1 Groupe Michelin #1
Clermont-Ferrand, France
$*13,571.7 95.0% $*13,425.0 95.0%
2 2 Bridgestone Corp. #2
Tokyo, Japan
*13,465.0 *75.0% *12,950.0 *74.0%
3 3 Goodyear Tire & Rubber Co. #3
Akron, Ohio
12,300.0 88.8% *12,470.0 86.7%
4 4 Continental A.G. #4
Hanover, Germany
4,795.9 44.6% 4,901.0 49.0%
5 6 Pirelli S.p.A. #
Milan, Italy
2,692.7 41.0% 2,530.0 39.0%
6 5 Sumitomo Rubber Industries Ltd. #3
Kobe, Japan
2,638.4 73.8% 2,598.2 72.7%
7 7 Yokohama Rubber Co. Ltd. ^
Tokyo, Japan
2,354.2 71.7% 2,272.2 71.0%
8 8 Cooper Tire & Rubber Co.
Findlay, Ohio
1,714.0 51.9% 1,705.3 54.0%
9 10 Kumho Industrial Co. Ltd.
Seoul, South Korea
1,443.8 67.0% 1,246.5 60.3%
10 9 Toyo Tire & Rubber Co. Ltd. ^
Osaka, Japan
1,306.5 62.4% 1,247.6 61.5%
11 11 Hankook Tire Co. Ltd. 1
Seoul, South Korea
1,301.4 87.2% 1,118.9 88.9%
12 14 Cheng Shin / Maxxis International
Yuanlin, Taiwan
646.5 100.0% 487.4 96.7%
13 12 Shandong Triangle Group Co. Ltd.
Shandong, China
629.5 100.0% 525.3 98.1%
14 13 Shandong Chengshan Tire Co. Ltd.
Chengshan,China
N.A.   519.3 100.0%
15 15 MRF Ltd. ^
Chennai, India
438.2 95.2% 433.3 95.6%
16 16 J.K. Industries Ltd. ^
New Delhi, India
408.2 92.6% 369.4 93.8%
17 17 Apollo Tyres Ltd. ^
Kerala, India
*405.0 100.0% 362.3 100.0%
18 21 Grandtour Tire (Anhui) Co. Ltd. 5
Anhui, China
371.3 100.0% 279.2 100.0%
19 20 Nokian Tyres P.L.C. #2
Nokia, Finland
*315.0 *69.0% *285.0 75.3%
20 22 P.T. Gajah Tunggal
Jakarta, Indonesia
*297.3 *50.0% *265.0 51.0%
21 23 Nizhnekamskshina
Nizhnekamsk, Russia
279.3 100.0% *250.0 100.0%
22 19 Shanghai Tyre & Rubber Co. Ltd.
Shanghai, China
257.1 100.0% 302.3 100.0%
23 43 Qingdao Rubber Group Co. Ltd.
Qingdao, China
252.2 100.0% 127.6 100.0%
24 25 Ceat Tyres Ltd. ^
Mumbai, India
249.5 100.0% 240.8 100.0%
25 18 Trelleborg Industri A.B.
Trelleborg, Sweden
245.0 13.5% 242.2® 14.1%
26 24 Hangzhou Zhongce Rubber Co. Ltd. 6
Hangzhou, China
236.0 100.0% 249.3 100.0%
27 30 Carlisle Companies Inc.
Carlisle, Pennsylvania
230.0 11.7% 180.0 9.7%
28 31 Kenda Rubber Industrial Co. Ltd.
Yuanlin, Taiwan
229.4 99.0% 179.6 98.0%
29 26 BRISA/Bridgestone-Sabanci Tire Mfg.
Istanbul, Turkey
227.6 100.0% 215.5 100.0%
30 28 Qingdao Huaqing Tyre Ind. Co. Ltd.
Qingdao, China
222.0 100.0% 196.5 100.0%
31 27 Nexen Tire Corp.
Seoul, South Korea
214.6 98.6% 196.6 95.7%
32 29 Belshina
Bobruisk, Belarus
N.A. -- *190.0 *95.0%
33 32 Vredestein N.V.
Enschede, The Netherlands
189.3 66.4% 178.6 65.2%
34 36 Guizhou Tyre Co. Ltd.
Guizhou, China
187.2 100.0% 157.9 100.0%
35 34 GTY Tire Co.
Mount Vernon, Illinois
*175.0 100.0% 167.0 100.0%
36 33 Titan International Inc.
Quincy, Illinois
*175.0 *38.0% *175.0 *38.0%
37 42 Henan Tyre Co. Ltd.
Jiao Zuo, China
164.5 100.0% 127.9 100.0%
38 38 Dunlop Tyres International Pty. Ltd.
Durban, South Africa
161.4 97.1% 150.9 93.0%
39 37 FATE S.A.I.C.I.
San Fernando, Argentina
159.4 97.0% 156.2 97.0%
40 35 Matador A.S.
Puchov, Slovakia
150.9 57.5% 161.5 58.0%
41 52 Hwa Fong Rubber Ind. Co. Ltd.
Yuanlin, Taiwan
142.1 100.0% 105.0 92.5%
42 46 DMIB Sdn. Bhd. ^4
Selangor, Malaysia
141.7 87.2% 122.4 80.0%
43 N.R. Lion Group Bhd. 7
Where, Malaysia
136.5 100.0% 119.5 4.1%
44 44 Omskshina
Omsk, Russia
*135.0 100.0% *125.0 100.0%
45 N.R. Shandong Linglong Rubber Co. Ltd.
Zhaoyuan City, Shandong, China
133.5 100.0% 111.2 100.0%
46 41 Birla Tyres Ltd.
Orissa, India
132.3 100.0% 129.3 100.0%
47 40 Inoue Rubber Co. Ltd.
Ikeda, Japan
N.A. -- N.A. --
48 47 Marangoni S.p.A.
Verona, Italy
129.9 50.8% 117.8 52.6%
49 39 Yaroslavl Tire Co.
Yaroslavl, Russia
126.5 97.7% 142.9 97.6%
50 50 Nankang Corp.
Taipei, Taiwan
125.9 99.7% 106.9 99.0%
51 >48 Cia. Hulera Tornel S.A. de C.V.
Mexico City, Mexico
*125.0 100.0% *115.0 100.0%
52 53 Federal Corp.
Taipei, Taiwan
124.3 98.7% 104.2 96.7%
53 45 J.S.C. Dneproshina
Dnepropetrovsk, Ukraine
N.A. -- 120.5 100.0%
54 60 Yinchuan CSI (Greatwall) Rubber Co. Ltd. 5
Yinchuan, China
113.8 100.0% 74.8 100.0%
55 54 Mitas A.S.
Prague, Czech Republic
112.8 88.1% 100.4 98.7%
56 63 Sime Tires International Sdn. Bhd. 4
Kedah, Malaysia
103.8 100.0% 98.6® 100.0%
57 57 Alliance Tire Co. Ltd.
Hadera, Israel
93.5 100.0% 96.0 100.0%
58 62 Dong Feng Tire Group Corp.
Shiyan City/Hubei, China
91.8 100.0% 66.7 100.0%
59 51 C.S.C. Rosava
Belaya Tserkov, Ukraine
80.0 100.0% 106.3 100.0%
>60 59 Denman Tire Corp.
Leavittsburg, Ohio
75.0 100.0% 75.0 100.0%
>60 66 Kirov Tyre Co.
Kirov, Russia
*75.0 100.0% 63.5 99.0%
62 67 Kerman Tire & Rubber
Tehran, Iran
73.6 95.1% 62.5 98.4%
63 69 Double Happiness Tyre Industries Corp. Ltd. 6
Taiyuan, China
71.8 100.0% 53.8 100.0%
64 58 Pearl River Tyre (Holdings) Ltd.
Guangzhou, China
69.8 100.0% 77.0 100.0%
65 56 Hualin Group Co. Ltd.
Hualin, China
68.6 100.0% 96.5 100.0%
66 N.R. Pars Tire Co.
Tehran, Iran
65.2 100.0% N.A. --
>67 N.R. Galaxy Tire & Wheel Inc. 8
Malden, Mass.
65.0 92.8% N.M. --
>67 64 Specialty Tires of America Inc.
Indiana, Pennsylvania
*65.0 *80.0% *65.0 *80%
69 65 Transport & Engineering Co.
Alexandria, Egypt
N.A. -- N.A. --
70 55 Tigar Rubber Products
Pirot, Yugoslavia
*62.0 *85.0% *98.0 *85.0%
71 61 Co. Ecuatoriana del Caucho S.A.
Cuenca, Ecuador
61.6 97.2% 71.7 100.0%
72 70 Metro Tyres Ltd.
Ludhiana, India
50.7 100.0% 52.9 100.0%
73 N.R. Shandong Zhongce Tyre Co.
Shouguang City, China
48.3 100.0% N.A. --
74 71 Societe Tunisienne des Pneumatiques
Sousse, Tunisia
48.2 100.0% 52.4 100.0%
75 N.R. TVS Srichakra Ltd.
Madurai, India
47.8 97.3% 35.6 98.1%
    Subtotal (rounded) 69,125.0   67,000.0  
    Others9 *1,500.0   *1,500  
    TOTAL 70,625.0   68,500.0  

# Non-tire revenue from company-owned retail operations excluded.
 fiscal year ends other than Dec. 31
N.A. Not available
N.M. Not meaningful
* Estimated
T Revised
1 Michelin acquired a 10% stake in Hankook Tire in February.
2 Bridgestone acquired an 18.9% stake in Nokian in March.
3 Goodyear and Sumitomo operate 75/25 joint ventures in North America and western Europe, incorporating Sumitomo's Dunlop tire activities in those regions; Goodyear's sales include results of South Pacific Tyres in Australia/New Zealand
4 Continental acquired 30% stakes in DMIB and Sime Tyres in March; option to take controlling interest by 2005
5 Formerly Anhui Jia'an Tire Co. Ltd.; acquired Yinchuan Great Wall Tyre in late 2002
6 These companies are part of China Enterprises Ltd. (formerly China Tire Holdings), but operate autonomously
7 Parent of Silverstone Tire, Malaysia, and Dong Feng Lion Tyre, China; figure is combined sales for both companies
8 Galaxy purchased Yugoslavia's Rumaguma A.D. in mid-2002; prior to that, Galaxy was a 'contract' manufacturer
9 'Others' represents as many as 100 other companies. The next largest are: Beijing Tyre Factory, China; Voltyre J.S.C., Russia; Dunlop Nigeria P.L.C., Nigeria; Firestone East Africa (1996) Ltd., Kenya; General Tyre & Rubber Co. of Pakistan Ltd., Pakistan; Guilin Tire Co., China; Jiangsu Tyre Factory, China; Barnaul Tire, Russia.