Crunch time ‘looms’ for up to 500 Chinese tire makers

Hanover, Germany – Mounting pressure on Chinese tire makers will soon force a long-anticipated cull of smaller manufacturers in the sector, believes David Shaw, a tire market analyst specialising in China.

Estimating the number of manufacturers there at around 600, Shaw said: “It is a total mess and certainly in the next two years there should be a huge collapse of 70-80% of tire makers in China, but this depends on the relationships in that country. Many of the companies are continuing to operate, even though…

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