Current Issue
T = Revised from previous report.
* = Estimated.
t = Tied.
1 Bridgestone also owns 19% of Finland's Nokian Tyres P.L.C. (No. 18 on this year's ranking) and 44% of Turkey's BRISA/Bridgestone-Sabanci Tire Mfg. (No. 29)
2 Goodyear and Sumitomo operate 75/25 joint ventures in North America and western Europe, incorporating Sumitomo's Dunlop tire activities in those regions.
3 Goodyear sold its North American agricultural tire business ($225m sales) to Titan International Inc. during the 1st quarter of 2006
4 Continental sold its OTR plant in Bryan, Ohio, (approx. $125m sales) to Titan International Inc.during the 3rd quarter of 2006
5 Continental acqured 51% ownership of Slovak Republic's Matadador A.S. ($385m tire-related sales) during the 2nd quarter of 2007.
6 Comprises Anhui Jia'an Tire Co. Ltd., Yinchuan Great Wall Tyre, Anhui Kaiyuan Tire, Hualin Tire, Anhui Primewell Tire and GT Fujian; also known as Grandtour Tire
7 These companies are part of China Enterprises Ltd.
8 These companies are part of China Enterprises Ltd. (formerly China Tire Holdings), but operate autonomously
9 Amtel comprises sales previously reported as Voronezhshina, Kirov Tyre, Rosava and Vredestein N.V.
10 Incorporates Omsk Tyre, Yaroslavl Tyre, Voltyre & Ural Tyres, all previously listed separately
11 Formerly Galaxy Tire Inc; Galaxy merged in late 2005 with Dynamic Tire Corp. of Canada to create GPX; GPX acquired MaineTire and Hebei Tyre Co. in 2006
12 Does not include $11 million in sales from Shandong Silverstone Luhe Group, an affiliated company
13 Formerly known as PT Oroban Perkasa
14 = Formerly known as Firestone East Africa Ltd.
15 = 'Others' represents as many as 100 other companies. The next largest are: Co. Ecuatoriana del Caucho S.A., Ecuador; Xinjiang Kunlun Tire Co. Ltd., China; Sameer Africa Ltd. (ex-Firestone East Africa), Kenya; Changchun Tire Co. Ltd.; Pars Tire Co., Iran; Dong Feng Tire Group, China; Kavir Tire Co., Iran; Dunlop Nigeria Ltd., Nigeria; Poddar Tyres Ltd., India
ArtGUID: A8800A2A-31DB-400D-B22A-48DB15064CC2 ArtTaxonomyList: -->

2007 Global Tire Company Rankings


Updated August 2007
Based on 2006 sales. Includes subsidiaries.
(Figures in millions of dollars, translated at average annual currency exchange rates)
 20062005
2006

Rank
2005

Rank
Company/HdqTire
Sales
$
% of total
corp. sales
Tire
Sales
$
% of total
corp. sales
1 1 Bridgestone Corp. #,1
Tokyo, Japan
*19,400.0 *75.0% *18,333.0 *75.0%
2 2 Group Michelin #
Clermont-Ferrand, France
19,300.00 94.00% 17,920.00 92.50%
3 3 Goodyear Tire & Rubber Co. #,2,3
Akron, Ohio
*18,000.0 *88.9% *17,500.0 *89.0%
4 4 Continental A.G. #,4,5
Hanover, Germany
*6,800.0 *36.5% *6,350.0 *37.0%
5 5 Pirelli & C. S.p.A. #
Milan, Italy
4,955.50 81.60% 4,513.00 79.90%
6 6 Sumitomo Rubber Industries Ltd. #,2
Kobe, Japan
3,702.70 80.70% 3,616.40 77.60%
7 7 Yokohama Rubber Co. Ltd. ^
Tokyo, Japan
3,185.50 74.90% 2,965.80 74.30%
8 8 Hankook Tire Co. Ltd.
Seoul, South Korea
*3,110.0 *95.0% 2,477.50 87.00%
9 9 Cooper Tire & Rubber Co.
Findlay, Ohio
2,676.20 100.00% 2,155.20 100.00%
10 10 Kumho Tire Co. Inc.
Seoul, South Korea
2,448.00 99.40% 1,911.40 99.50%
11 11 Toyo Tire & Rubber Co. Ltd. ^
Osaka, Japan
1,867.30 68.20% 1,773.00 66.80%
12 12 Maxxis International/Cheng Shin Rubber
Yuanlin, Taiwan
1,481.10 98.80% 1,170.70 97.80%
13 13 GITI Tire Pte. Ltd. 6
Singapore
1,424.00 100.00% 1,154.00 100.00%
14 23 Hangzhou Zhongce Rubber Co. Ltd. 7
Hangzhou, China
1,082.00 96.50% 762.9T 95.80%
15 14 Triangle Group Co. Ltd.
Shandong, China
N.A. 980 100.00%
16 18 Apollo Tyres Ltd. ^,8
Kerala, India
949.1 89.90% 682.3 100.00%
17 15 MRF Ltd. ^
Chennai, India
903.2 96.20% 752.7 95.60%
18 16 Nokian Tyres P.L.C. #,1
Nokia, Finland
*900.0 *85.0% *750.0 *70.5%
19 19 Shanghai Tyre & Rubber Co. Ltd.
Shanghai, China
799 100.00% 637.2 100.00%
20 21 Amtel-Vredestein N.V. 9
Moscow, Russia
*750.0 *90.0% 573 84.20%
21 27 Nizhnekamskshina
Nizhnekamsk, Russia
733.5 100.00% 522.4T 100.00%
22 17 Sibur-Russkie Shiny 10
Moscow, Russia
698 100.00% 730 100.00%
23 28 Aeolus Tyre Co. Ltd.
Jiaozuo, China
658 100.00% 474 100.00%
24 22 J.K. Tyre & Industries Ltd. ^
New Delhi, India
655.7 100.00% 543.2 100.00%
25 20 Shandong Linglong Rubber Co. Ltd.
Shandong, China
N.A. 612.3 100.00%
26 25 Nexen Tire Corp.
Seoul, South Korea
590.5 100.00% 467.7 99.90%
27 30 P.T. Gajah Tunggal
Jakarta, Indonesia
503.6 84.50% 414.5 84.00%
28 39 JSC Belshina Belarus Tyre Works
Bobruisk, Belarus
*500.0 100.00% 299.7 100.00%
29 29 BRISA/Bridgestone-Sabanci Tire Mfg. 1
Izmit,Turkey
483.7 100.00% 432.2 99.60%
30 31 GPX International Tire Corp. 11
Malden, Mass.
481 99.20% 395 98.80%
31 26 Ceat Ltd. ^
Mumbai, India
471.3 100.00% 396.1 100.00%
32 34 Kenda Rubber Industrial Co. Ltd.
Yuanlin, Taiwan
439.7 99.00% 353 99.00%
33 33 Guizhou Tyre Co. Ltd.
Guizhou, China
438.8 100.00% 366.5 100.00%
34 46 Titan International Inc. 3,4
Quincy, Ill.
*400.0 *60.0% *190.0 *40.0%
35 32 Qingdao Doublestar Industrial Co. Ltd.
Qingdao, China
393.8 100.00% 377.7 100.00%
36 35 Matador A.S. 5
Puchov, Slovak Republic
385.9 66.00% 335.5 66.50%
37 37 Carlisle Tire & Wheel Co.
Aiken, S. C.
360 14.00% 320 14.50%
38 47 Mitas A.S.
Prague, Czech Republic
358.4 100.00% 322.5T 70.60%
39 36 Trelleborg A.B.
Trelleborg, Sweden
*345.0 9.30% *330.0 10.20%
40 38 South China Tire & Rubber Co. Ltd.
Guangzhou City, China
N.A. 341.5T 100.00%
41 40 Nankang Rubber Tire Corp. Ltd.
Taipei, Taiwan
313.7 100.00% 271.4 99.90%
42 45 Birla Tyres Ltd.
Orissa, India
246.6 100.00% 195 100.00%
43 42 Marangoni S.p.A.
Verona, Italy
225.8 52.90% 213.7 55.50%
44 49 Federal Corp.
Tao Yuan, Taiwan
214.4 100.00% 177.2 99.00%
45 44 Hwa Fong Rubber Ind. Co. Ltd.
Taipei, Taiwan
*212.0 100.00% 196 100.00%
46 43 FATE S.A.I.C.I.
San Fernando, Argentina
211 98.00% 207.2 98.00%
47 48 GTY Tire Co.
Mount Vernon, Ill.
*180.0 100.00% *180.0 100.00%
48 56 Balkrishna Industries Ltd.
Maharashtra, India
164.2 84.10% 115.7T 82.00%
49 50 Alliance Tire Co. Ltd.
Hadera, Israel
163.1 100.00% 151.5 100.00%
50 51 Cia. Hulera Tornel S.A. de C.V. N.A.
Mexico City, Mexico
  N.A.
51 N.R. Petlas Tyre Industry & Trade Co.
Ankara, Turkey
132 100.00% 80 100.00%
52 52 Inoue Rubber Co. Ltd.
Ikeda, Japan
N.A. N.A.
53 53 Kerman Tire & Rubber Co.
Tehran, Iran
N.A. 125.5 91.20%
54 54 J.S.C. Dneproshina
Dnepropetrovsk, Ukraine
N.A. N.A.
55 63 Qingdao Yellow Sea Rubber Co. Ltd.
Qingdao, China
114.1 100.00% 75.2 100.00%
56 70 TVS Srichakra Ltd.
Chennai, India
104.8 100.00% 65.7 98.90%
57 57 Loadstar Pvt. Ltd./Solideal Co.
Colombo, Sri Lanka
*100.0 N.A. N.A.
58 60 Dena Tire & Rubber Mfg. Co. Ltd.
Tehran, Iran
94.7 86.20% 75 74.20%
59 69 Casumina (Southern Rubber Industry Co.)
Ho Chi Minh City, Vietnam
85.2 94.00% 66.2 93.40%
60 65 Silverstone Corp. Bhd. ^,12
Kuala Lumpur, Malaysia
84.4 61.70% 74 61.00%
61 59 Denman Tire Corp.
Leavittsburg, Ohio
*80.0 100.00% *80.0 100.00%
62 58 Guangzhou Pearl River Rubber Tyre Ltd.
Guangzhou, China
78.9 100.00% 71.3 100.00%
63 N.R. Vee Rubber
Smutsakorn, Thailand
N.A. 75 100.00%
63 N.R. Cia. Ecuatoriana del Caucho S.A.
Cuenca, Ecuador
N.A. *75.0 100.00%
65 74 General Tyre & Rubber Co. of Pakistan Ltd. ^
Karachi, Pakistan
71.7 95.10% 62.2 100.00%
66 61 Metro Tyres Ltd.
Ludhiana, India
69.6 96.60% N.A.
67 67 Liaoning Tyres Group Co. Ltd.
Liaoning, China
N.A. 71.7 100.00%
68 73 J.V. Matador-Omskshina
Omsk, Russia
68.4 N.A. 55.6 90.20%
69 72 Societe Tunisienne des Pneumatiques
Sousse, Tunisia
N.A. 67.5 100.00%
70 71 Specialty Tires of America Inc.
Indiana, Pennsylvania
*65.0 100.00% *65.0 100.00%
71 N.R. Artawheel Tyre Co.
Ardebil, Iran
63 98.30% 59.7 97.60%
72 N.R. P.T. Multistrada Arah Sarana TBK 13
Cikarang, Indonesia
61.9 100.00% 33.7 100.00%
73 75 Falcon Tyres Ltd. ^
Mysore, India
61.5 100.00% 50.3 100.00%
74 N.R. Ralson (India) Ltd.
Ludhiana, India
49.8 68.00% 43.2 70.00%
75 N.R. Sameer Africa Ltd. 14
Nairobi, Kenya
43.6 100.00% 44.3 100.00%
Subtotal (rounded) *108,500.0   98,900.00  
Others1,5 *4,000.0   *3,500.0T  
TOTAL *112,500.0   *102,400.0T  

# = Non-tire revenue from company-owned retail operations excluded.
^ = Fiscal year ends other than Dec. 31
N.A. = Not available.
N.M. = Not meaningful.
T = Revised from previous report.
* = Estimated.
t = Tied.
1 Bridgestone also owns 19% of Finland's Nokian Tyres P.L.C. (No. 18 on this year's ranking) and 44% of Turkey's BRISA/Bridgestone-Sabanci Tire Mfg. (No. 29)
2 Goodyear and Sumitomo operate 75/25 joint ventures in North America and western Europe, incorporating Sumitomo's Dunlop tire activities in those regions.
3 Goodyear sold its North American agricultural tire business ($225m sales) to Titan International Inc. during the 1st quarter of 2006
4 Continental sold its OTR plant in Bryan, Ohio, (approx. $125m sales) to Titan International Inc.during the 3rd quarter of 2006
5 Continental acqured 51% ownership of Slovak Republic's Matadador A.S. ($385m tire-related sales) during the 2nd quarter of 2007.
6 Comprises Anhui Jia'an Tire Co. Ltd., Yinchuan Great Wall Tyre, Anhui Kaiyuan Tire, Hualin Tire, Anhui Primewell Tire and GT Fujian; also known as Grandtour Tire
7 These companies are part of China Enterprises Ltd.
8 These companies are part of China Enterprises Ltd. (formerly China Tire Holdings), but operate autonomously
9 Amtel comprises sales previously reported as Voronezhshina, Kirov Tyre, Rosava and Vredestein N.V.
10 Incorporates Omsk Tyre, Yaroslavl Tyre, Voltyre & Ural Tyres, all previously listed separately
11 Formerly Galaxy Tire Inc; Galaxy merged in late 2005 with Dynamic Tire Corp. of Canada to create GPX; GPX acquired MaineTire and Hebei Tyre Co. in 2006
12 Does not include $11 million in sales from Shandong Silverstone Luhe Group, an affiliated company
13 Formerly known as PT Oroban Perkasa
14 = Formerly known as Firestone East Africa Ltd.
15 = 'Others' represents as many as 100 other companies. The next largest are: Co. Ecuatoriana del Caucho S.A., Ecuador; Xinjiang Kunlun Tire Co. Ltd., China; Sameer Africa Ltd. (ex-Firestone East Africa), Kenya; Changchun Tire Co. Ltd.; Pars Tire Co., Iran; Dong Feng Tire Group, China; Kavir Tire Co., Iran; Dunlop Nigeria Ltd., Nigeria; Poddar Tyres Ltd., India