Current Issue

* --estimated
1 --Bridgestone owns 16% of Nokian Tyres P.L.C. (#21 on this year's ranking) and 43% of BRISA/Bridgestone (#35).
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 --Apollo bought Vredestein Banden N.V. ($450m in annual sales) in May 2009 from Amtel-Vredestein N.V.
4 --GITI owns 43.6% of P.T. Gajah Tunggal (#28)
5 --Incorporates Omsk Tyre, Yaroslavl Tyre, Voltyre & Ural Tyres, all previously listed separately;
6 --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.
7 --GPX went bankrupt in December 2009; Alliance Tire (#54) bought rights to Galaxy and Primex brands worldwide; manufacturing assets bought by Maine Industrial Tire L.L.C.
8 --Alliance bought rights in December 2009 to Galaxy and Primex brands worldwide from GPX International
9 --Formerly Liaoning Tyres Group Co. Ltd.
10 --Part of India's Ruia Group, which also comprises Dunlop India Ltd. and Monotana Tyres;
11 --'Others' represents as many as 100 other companies. The next largest are: JSC Dneproshina, Ukraine; Shandong Zhongce Tyre Co. Ltd., China; Double Happiness Tyre Industries Corp. Ltd., China; Govind Rubber Ltd., India; Societe Tuniesienne des Pneumatiques, Tunisia; Specialty Tires of America Inc.; Artawheel Tyre Co., Iran; Dunlop Aircraft Tyres Ltd., England; Monotana Tyres Ltd., India
ArtGUID: B175F70B-058D-4A44-950F-08B2811A2F4A ArtTaxonomyList: -->

2010 Global Tire Company Rankings


Updated October 2010
Based on 2009 sales. Includes subsidiaries.
(Figures in millions of dollars, translated at average annual currency exchange rates)

 20092008
2009
Rank
2008
Rank
Company/HdqTire
Sales
$
% of total
corp. sales
Tire
Sales
$
% of total
corp. sales
1 1 Bridgestone Corp. # 1
Tokyo, Japan
*20,500.00 *74.0% *23,435.00 *75.0%
2 2 Group Michelin #
Clermont-Ferrand, France
*19,600.00 *95.0% *22,820.00 *95.0%
3 3 Goodyear Tire & Rubber Co. # 2
Akron, Ohio
15,649.00 96.0% 18,318.70® 94.0%
4 4 Continental A.G. #
Hanover, Germany
*6,500.00 *23.3% *8,100.00 *22.8%
5 5 Pirelli & C. S.p.A. #
Milan, Italy
5,548.30 89.4% 6,003.20 88.2%
6 6 Sumitomo Rubber Industries Ltd. # 2
Kobe, Japan
4,630.10 82.6% 4,843.90 82.9%
7 7 Yokohama Rubber Co. Ltd. ^
Tokyo, Japan
3,956.00 78.9% 3,976.60 77.3%
8 8 Hankook Tire Co. Ltd.
Seoul, South Korea
3,760.00 93.5% 3,686.50 91.1%
9 9 Cooper Tire & Rubber Co.
Findlay, Ohio
2,779.00 100.0% 2,881.80 100.0%
10 11 Maxxis International / Cheng Shin Rubber
Yuanlin, Taiwan
2,723.00 100.0% 2,541.50 100.0%
11 13 Hangzhou Zhongce Rubber Co. Ltd.
Hangzhou, China
2,359.30 96.5% 2,126.40 99.8%
12 12 Toyo Tire & Rubber Co. Ltd. ^
Osaka, Japan
2,306.70 74.5% 2,410.00 73.7%
13 10 Kumho Tire Co. Inc.
Seoul, South Korea
2,300.60 99.4% 2,593.30 99.2%
14 15 Triangle Group Co. Ltd.
Shandong, China
*1,767.70 100.0% 1,767.20 100.0%
15 14 GITI Tire Pte. Ltd.4
Singapore
1,741.10 100.0% 1,931.30 100.0%
16 16 Shandong Linglong Rubber Co. Ltd.
Shandong, China
1,740.00 100.0% 1,466.80 100.0%
17 20 Apollo Tyres Ltd. ^3
Kerala, India
1,701.10 100.0% 1,072.50 100.0%
18 18 MRF Ltd. ^
Chennai, India
1,225.00 98.4% 1,376.30 98.5%
19 22 JK Tyre & Industries Ltd. ^
New Delhi, India
1,018.90 100.0% 1,011.40 100.0%
20 33 Xingyuan Tyre Co. Ltd.
Dongying City, China
976.00 100.0% 615.40 100.0%
21 17 Nokian Tyres P.L.C. # 1
Nokia, Finland
*975.00 *90.0% *1,424.30 *90.0%
22 19 Double Coin Holdings Ltd.
Shanghai, China
*945.00 100.0% 1,156.00 99.0%
23 24 Nexen Tire Corp.
Seoul, South Korea
901.00 96.2% 877.30 95.6%
24 23 Qingdao Doublestar Industrial Co. Ltd.
Qingdao, China
877.50 100.0% 939.40 100.0%
25 25 Aeolus Tyre Co. Ltd.
Jiaozuo, China
827.10 100.0% 875.80 100.0%
26 35 Shandong Shengtai Tyre Co. Ltd.
Guangrao County, China
*722.10 100.0% 588.80 100.0%
27 32 Kenda Rubber Industrial Co. Ltd.
Yuanlin, Taiwan
698.10 91.2% 616.10 90.2%
28 28 P.T. Gajah Tunggal4
Jakarta, Indonesia
694.80 91.3% 705.30 85.8%
29 31 Guizhou Tyre Co. Ltd.
Guizhou, China
650.00 100.0% 617.40 100.0%
30 42 Birla Tyres Ltd.
Orissa, India
600.50 100.0% 419.00 100.0%
31 37 Ceat Ltd. ^
Mumbai, India
597.10 100.0% 540.90 100.0%
32 21 Sibur-Russkie Shiny5
Moscow, Russia
594.90 93.1% 1,029.20 93.3%
33 38 Shandong Luhe Tyre Co. Ltd.
Zhucheng City, China
*543.10 100.0% 530.40 100.0%
34 29 JSC Belshina Belarus Tyre Works
Bobruisk, Belarus
*525.00 100.0% N.A. --
35 34 BRISA/Bridgestone-Sabanci Tire Mfg.1
Izmit,Turkey
492.00 100.0% 591.30 100.0%
36 30 Titan International Inc.
Quincy, Illinois
*485.00 *66.7% *685.00 *66.7%
37 41 Shandong Wanda Tyre Co. Ltd.
Dongying City, China
451.00 100.0% 431.80 100.0%
38 54 Sailun Co. Ltd.
Fuyuan/Qingdao, China
*430.00 *80.0% 220.40 81.8%
39 43 South China Tire & Rubber Co. Ltd.
Guangzhou City, China
411.90 100.0% 391.80 100.0%
40 45 Shandong Jinyu Tyre Co. Ltd.
Dongying City, China
410.30 100.0% 326.50 100.0%
41 27 Amtel N.V.6
Moscow, Russia
*400.00 N.A. 846.00 92.3%
42 46 Nankang Rubber Tire Corp. Ltd.
Taipei, Taiwan
*320.00 100.0% 304.20 100.0%
43 39 Mitas A.S.
Prague, Czech Republic
318.20 92.4% 483.70 72.0%
44 40 Trelleborg Wheel Systems S.p.A.
Tivoli, Italy
*310.00 *8.6% *435.00 *9.2%
45 36 GPX International Tire Corp.7
Malden, Massachusetts
*300.00 100.0% 553.00 100.0%
46 47 Loadstar (Pvt.) Ltd.
Colombo, Sri Lanka
N.A. -- *300.00 100.0%
47 48 Balkrishna Industries Ltd.
Maharashtra, India
292.10 100.0% 278.00 100.0%
48 44 Carlisle Tire & Wheel Co.
Aiken, South Carolina
*290.00 *12.2% 382.00 12.9%
49 53 Alliance Tire Co. Ltd.8
Hadera, Israel
275.00 100.0% 226.30 100.0%
50 50 Barez Tire Group
Tehran, Iran
271.40 98.2% 253.60 96.8%
51 49 Federal Corp.
Tao Yuan, Taiwan
232.70 100.0% 265.70 100.0%
52 55 Marangoni S.p.A.
Verona, Italy
223.60 55.5% 192.80 38.7%
53 26 Nizhnekamskshina
Nizhnekamsk, Russia
215.50 100.0% 852.80 100.0%
54 51 Hwa Fong Rubber Ind. Co. Ltd.
Taipei, Taiwan
*214.00 100.0% 248.10 100.0%
55 56 Xuzhou Xugong Tyre Co. Ltd.
Xuzhou, Jiangsu, China
195.30 100.0% 185.20 100.0%
56 52 FATE S.A.I.C.I.
San Fernando, Argentina
191.30 98.0% 236.30 98.0%
57 N.R. Chaoyang Long March Tyre Co. Ltd.9
Liaoning, China
189.10 100.0% 135.50 100.0%
58 59 Petlas Tyre Industry & Trade Co.
Ankara, Turkey
185.60 100.0% 148.80 100.0%
59 58 Qingdao Yellow Sea Rubber Co. Ltd.
Qingdao, China
173.70 100.0% 152.10 100.0%
60 60 P.T. Multistrada Arah Sarana TBK
Cikarang, Indonesia
162.10 100.0% 137.70 100.0%
61 61 Sichuan Haida Tyre Group Co. Ltd.
Haida/Sichuan, China
162.00 100.0% 134.30 100.0%
62 62 TVS Srichakra Ltd.^
Chennai, India
146.80 100.0% 124.00 100.0%
63 57 Silverstone Corp. Bhd.^
Kuala Lumpur, Malaysia
145.00 100.0% *154.00 100.0%
64 N.R. Beijing Shouchuang Tire Co. Ltd.
Beijing, China
135.20 100.0% 103.70 100.0%
65 63 Casumina (Southern Rubber Industry Co.)
Ho Chi Minh City, Vietnam
126.10 *95.9% 122.00 96.1%
66 67 Falcon Tyres Ltd. ^ 10
Mysore, India
*119.50 100.0% 110.30 100.0%
67 66 Dena Tire & Rubber Mfg. Co. Ltd.
Tehran, Iran
N.A. -- N.A. --
68 60 Vee Rubber Corp. Ltd.
Bangkok, Thailand
N.A. -- 105.80® 75.7%
69 72 Guangzhou Pearl River Rubber Tyre Ltd.
Guangzhou, China
105.90 100.0% 87.00 100.0%
70 70 Metro Tyres Ltd.
Ludhiana, India
*105.00 N.A. 98.00 N.A.
71 69 Tianjin United Tire & Rubber Co. (TUTRIC)
Tianjin, China
N.A. -- 103.00 100.0%
72 75 General Tyre & Rubber Co. of Pakistan Ltd.^
Karachi, Pakistan
*71.00 100.0% 68.30 100.0%
73 74 Inoue Rubber (Thailand) Co. Ltd.
Bangkok, Thailand
68.30 52.5% 74.90 43.8%
74 N.R. Ralson (India) Ltd.
Ludhiana, India
*67.00 *67.0% *67.00 *67.0%
75 72 J.S.C. Matador-Omskshina
Omsk, Russia
62.60 100.0% 89.50 100.0%
    Subtotal (rounded) 122,250.00 135,000.00
    Others11 *4,250.00 *5,000.00
    TOTAL *126,500.00 *140,000.00

# =non-tire revenue from company-owned retail operations excluded
^ --fiscal year ends other than Dec. 31
N.R. --not ranked
N.A. --not available
* --estimated
1 --Bridgestone owns 16% of Nokian Tyres P.L.C. (#21 on this year's ranking) and 43% of BRISA/Bridgestone (#35).
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 --Apollo bought Vredestein Banden N.V. ($450m in annual sales) in May 2009 from Amtel-Vredestein N.V.
4 --GITI owns 43.6% of P.T. Gajah Tunggal (#28)
5 --Incorporates Omsk Tyre, Yaroslavl Tyre, Voltyre & Ural Tyres, all previously listed separately;
6 --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.
7 --GPX went bankrupt in December 2009; Alliance Tire (#54) bought rights to Galaxy and Primex brands worldwide; manufacturing assets bought by Maine Industrial Tire L.L.C.
8 --Alliance bought rights in December 2009 to Galaxy and Primex brands worldwide from GPX International
9 --Formerly Liaoning Tyres Group Co. Ltd.
10 --Part of India's Ruia Group, which also comprises Dunlop India Ltd. and Monotana Tyres;
11 --'Others' represents as many as 100 other companies. The next largest are: JSC Dneproshina, Ukraine; Shandong Zhongce Tyre Co. Ltd., China; Double Happiness Tyre Industries Corp. Ltd., China; Govind Rubber Ltd., India; Societe Tuniesienne des Pneumatiques, Tunisia; Specialty Tires of America Inc.; Artawheel Tyre Co., Iran; Dunlop Aircraft Tyres Ltd., England; Monotana Tyres Ltd., India