Current Issue

2009 Global Tire Company Rankings


Updated August 2009
Based on 2008 sales. Includes subsidiaries.
(Figures in millions of dollars, translated at average annual currency exchange rates)
]
 20082007
2008
Rank
2007
Rank
Company/HdqTire
Sales
$
% of total
corp. sales
Tire
Sales
$
% of total
corp. sales
1 2 Bridgestone Corp.#1
Tokyo, Japan
*23,435.00 *75.0% *21,500.00 *75.0%
2 1 Group Michelin#
Clermont-Ferrand, France
*22,820.00 *95.0% 21,750.00 94.00%
3 3 Goodyear Tire & Rubber Co.#2
Akron, Ohio
18,525.00 *95.0% *18,900.00 *95.0%
4 4 Continental A.G.#3
Hanover, Germany
*8,100.00 *22.8% *7,500.00 *34.4%
5 5 Pirelli & C. S.p.A.#
Milan, Italy
6,003.20 88.20% 5,693.20 79.90%
6 6 Sumitomo Rubber Industries Ltd.#2
Kobe, Japan
4,843.90 82.90% 4,061.80 86.00%
7 7 Yokohama Rubber Co. Ltd.^
Tokyo, Japan
3,976.60 77.30% 3,671.80 76.10%
8 8 Hankook Tire Co. Ltd.
Seoul, South Korea
3,686.50 91.10% 3,465.80 90.30%
9 9 Cooper Tire & Rubber Co.
Findlay, Ohio
2,881.80 100.00% 2,932.60 100.00%
10 10 Kumho Tire Co. Inc.
Seoul, South Korea
2,593.30 99.20% 2,603.70 99.30%
11 12 Maxxis International/Cheng Shin Rubber
Yuanlin, Taiwan
2,541.50 100.00% 2,120.60 99.10%
12 11 Toyo Tire & Rubber Co. Ltd.^
Osaka, Japan
2,410.00 73.70% 2,208.40 70.70%
13 15 Hangzhou Zhongce Rubber Co. Ltd.
Hangzhou, China
2,126.40 99.80% 1,295.20 84.60%
14 13 GITI Tire Co. Ltd.4
Singapore
1,931.30 100.00% 1,792.20 100.00%
15 14 Triangle Group Co. Ltd.
Shandong, China
1,767.20 100.00% 1,300.00 100.00%
16 19 Shandong Linglong Rubber Co. Ltd.
Shandong, China
1,466.80 100.00% 1,115.90 100.00%
17 16 Nokian Tyres P.L.C.#1
Nokia, Finland
*1,424.30 *90.0% *1,260.0T *90.0%
18 18 MRF Ltd.^
Chennai, India
1,376.30 98.50% 1,149.80 97.10%
19 20 Double Coin Holdings Ltd.
Shanghai, China
1,156.00 99.00% 1,014.90 100.00%
20 17 Apollo Tyres Ltd.^5
Kerala, India
1,072.50 100.00% 1,164.40 100.00%
21 21 Sibur-Russkie Shiny6
Moscow, Russia
1,029.20 93.30% 1,003.90 92.70%
22 23 JK Tyre & Industries Ltd.^7
New Delhi, India
1,011.40 100.00% 780 100.00%
23 31 Qingdao Doublestar Industrial Co. Ltd.
Qingdao, China
939.40 100.00% 565 100.00%
24 25 Nexen Tire Corp.
Seoul, South Korea
877.30 95.60% 725.30 95.80%
25 24 Aeolus Tyre Co. Ltd.
Jiaozuo, China
875.80 100.00% 779.70 98.70%
26 44 Nizhnekamskshina
Nizhnekamsk, Russia
852.80 100.00% 880.2T 100.00%
27 22 Amtel-Vredestein N.V.8
Moscow, Russia
846.00 92.30% 879 88.00%
28 27 P.T. Gajah Tunggal4
Jakarta, Indonesia
705.30 85.80% 625.20 85.80%
29 26 JSC Belshina Belarus Tyre Works
Bobruisk, Belarus
N.A. 700 100.00%
30 32 Titan International Inc.
Quincy, Illinois
*685.00 *66.7% *550.00 *66.0%
31 33 Guizhou Tyre Co. Ltd.
Guizhou, China
617.40 100.00% 524.40 100.00%
32 28 Kenda Rubber Industrial Co. Ltd.
Yuanlin, Taiwan
616.10 90.20% 591.90 98.00%
33 N.R. Xingyuan Tyre Co. Ltd.
Dongying City, China
615.40 100.00% N.A.
34 30 BRISA/Bridgestone-Sabanci Tire Mfg.1
Izmit,Turkey
591.30 100.00% 571.20 99.80%
35 N.R. Shandong Shengtai Tyre Co. Ltd.
Guangrao County, China
588.80 100.00% N.A.
36 34 GPX International Tire Corp.
Malden, Massachusetts
553.00 100.00% 480 100.00%
37 29 Ceat Ltd.^
Mumbai, India
540.90 100.00% 578 100.00%
38 N.R. Shandong Luhe Tyre Co. Ltd.
Zhucheng City, China
530.40 100.00% N.A.
39 36 Mitas A.S.
Prague, Czech Republic
483.70 72.00% 382.30 71.00%
40 35 Trelleborg Wheel Systems S.p.A.
Tivoli, Italy
*435.00 *9.2% *385.00 8.40%
41 N.R. Shandong Wanda Tyre Co. Ltd.
Shandong, China
431.80 100.00% N.A.
42 39 Birla Tyres Ltd.
Orissa, India
419.00 100.00% 344.80 100.00%
43 38 South China Tire & Rubber Co. Ltd.
Guangzhou City, China
391.80 100.00% N.A.
44 37 Carlisle Tire & Wheel Co.
Aiken, South Carolina
382.00 12.90% 382 13.30%
45 N.R. Shandong Jinyu Tyre Co. Ltd.
Dongying City, China
326.50 100.00% N.A.
46 40 Nankang Rubber Tire Corp. Ltd.
Taipei, Taiwan
304.20 100.00% 282.60 100.00%
47 41 Loadstar (Pvt.) Ltd.
Colombo, Sri Lanka
*300.00 100.00% N.A.
48 46 Balkrishna Industries Ltd.
Maharashtra, India
278.00 100.00% 220 100.00%
49 43 Federal Corp.
Tao Yuan, Taiwan
265.70 100.00% 261.10 99.50%
50 56 Barez Tire Group9
Tehran, Iran
253.60 96.80% 206 99.40%
51 47 Hwa Fong Rubber Ind. Co. Ltd.
Taipei, Taiwan
248.10 100.00% 226.30 100.00%
52 48 FATE S.A.I.C.I.
San Fernando, Argentina
236.30 98.00% 224.80 98.00%
53 50 Alliance Tire Co. Ltd.
Hadera, Israel
226.30 100.00% 196.40 100.00%
54 N.R. Sailun Co. Ltd.
Qingdao, China
220.40 81.80% 137.30 89.30%
55 42 Marangoni S.p.A.
Verona, Italy
192.80 38.70% 190.5T 39.30%
56 N.R. Xuzhou Xugong Tyre Co. Ltd.10
Xuzhou, Jiangsu, China
185.20 100.00% N.A.
57 63 Silverstone Corp. Bhd.^
Kuala Lumpur, Malaysia
*154.00 100.00% 99.30 98.90%
58 49 Qingdao Yellow Sea Rubber Co. Ltd.
Qingdao, China
152.10 100.00% N.A. 100.00%
59 53 Petlas Tyre Industry & Trade Co.
Ankara, Turkey
148.80 100.00% N.A.
60 64 P.T. Multistrada Arah Sarana TBK
Cikarang, Indonesia
137.70 100.00% 98.30 100.00%
61 58 Sichuan Haida Tyre Group Co. Ltd.
Haida/Sichuan, China
134.30 100.00% 120.70 100.00%
62 55 TVS Srichakra Ltd.^
Chennai, India
124.00 100.00% 129 100.00%
63 59 Casumina (Southern Rubber Industry Co.)
Ho Chi Minh City, Vietnam
122.00 96.10% 114.50 95.20%
64 57 J.S.C. Dneproshina
Dnepropetrovsk, Ukraine
N.A. N.A.
65 60 Vee Rubber Ltd.
Bangkok, Thailand
N.A. 113.40 83.00%
66 61 Dena Tire & Rubber Mfg. Co. Ltd.
Tehran, Iran
N.A. 113 91.90%
67 62 Falcon Tyres Ltd.^
Mysore, India
110.30 100.00% 111.60 100.00%
68 66 Cia. Ecuatoriana del Caucho S.A.3
Cuenca, Ecuador
*110.00 100.00% 93.50 100.00%
69 65 Tianjin United Tire & Rubber Co. (TUTRIC)
Tianjin, China
103.00 100.00% 95 100.00%
70 69 Metro Tyres Ltd.
Ludhiana, India
98.00 100.00% *84.00 *95.0%
71 68 J.S.C. Matador-Omskshina
Omsk, Russia
89.50 100.00% 84.40 100.00%
72 67 Guangzhou Pearl River Rubber Tyre Ltd.
Guangzhou, China
N.A. 84.40 100.00%
73 70 Denman Tire Corp.
Leavittsburg, Ohio
*75.00 100.00% 80 100.00%
74 N.R. Inoue Rubber (Thailand) Public Co. Ltd.
Pathumthumthani, Thailand
74.90 43.80% 57.60 38.40%
75 73 General Tyre & Rubber Co. of Pakistan Ltd.^<
Karachi, Pakistan
70.50 100.00% 65.60 100.00%
    Subtotal (rounded) 135,000.00   125,000.00  
    Others11 *5,000.00   *3,500.0T  
    TOTAL *140,000.00   *128,500.0T  

# = non-tire revenue from company-owned retail operations excluded
^ = fiscal year ends other than Dec. 31
N.R. = not ranked
N.A. = not available
N.M. = not meaningful
T = revised from previous report
* = estimated
1 Bridgestone owns 16% of Nokian Tyres P.L.C. (#17 on this year's ranking) and 43% of BRISA Bridgestone (#34).
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 Continental acquired majority ownership of Cia. Ecuatoriana del Caucho (#68) in July 2009
4 GITI owns 27.9% of P.T. Gajah Tunggal (#28)
5 Apollo bought Vredestein Banden N.V. ($450m in annual sales) in May 2009 from Amtel-Vredestein N.V.
6 Incorporates Omsk Tyre, Yaroslavl Tyre, Voltyre & Ural Tyres, all previously listed separately
7 JK Tyre acquired Mexico's Hulera Tornel in May 2008
8 Amtel comprises sales previously reported as Voronezhshina, Kirov Tyre, Krasnoyarsk Tire and Rosava; Amtel filed bankruptcy in April 2009; sold Vredestein Banden N.V.($450m sales) in May 2009 to India's Apollo Tyres Ltd.
9 Formerly Kerman Tire & Rubber Co.
10 Formerly Jiangsu Tyres Plant
11 'Others' represents as many as 100 other companies. The next largest are: Beijing Souchang Tyres Co. Ltd.; Shandong Zhongce Tyre Co. Ltd., China; Double Happiness Tyre Industries Corp. Ltd., China; Ralson (India) Ltd., India; Societe Tuniesienne des Pneumatiques, Tunisia; Chaoyang Long March Tyres, China; Specialty Tires of America Inc., U.S.; Artawheel Tyre Co., Iran; Dunlop Aircraft Tyres Ltd., England; Govind Rubber Ltd., India; Monotana Tyres Ltd., India.