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January 12, 2012

And the largest tire maker in the world is...

For the first time, a tire manufacturer has topped the $30 billion mark in global sales. Was it Bridgestone Corp,. Groupe Michelin or Goodyear Tire & Rubber Co.?

If you guessed Bridgestone, you would be correct. After selling $27 billion worth of tires in 2010, the largest tire manufacturer in the world finished 2011 with $31.2 billion in tire sales.

Michelin was close to the mark, finishing with $28.3 billion in sales. Goodyear, the comeback kid in terms of profitability in 2011, also set a company record in tire sales at $22.3 billion.

The Big Three also fared well in the United States and Canada. Look for the results in the soon-to-be-published 2012 MTD Facts Issue.

And to read about some of the other results in advance of the issue, check out these links:

* Domestic tire shipments;

* U.S. replacement tire sales in dollars.

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  1. BILL | January 14, 2012 at 05:40AM
    GLAD TO SEE THE TIRE INDUSTRY IS STILL FUNCTIONING/

    THEY SHOULD BE AFTER ALL OF THE PRICE INCREASES IN THE PAST YEAR.

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