MTD Facts Issue: The Big Three post a small gain
The three largest tire companies in the world account for 51.7% of the replacement consumer tire market in the United States with just nine brands, according to Modern Tire Dealer's 2006 Facts Issue.
Goodyear Tire & Rubber Co., with Goodyear, Dunlop and Kelly, has a 19% share of the replacement passenger and light truck tire market. Bridgestone Firestone North American Tire LLC, with Bridgestone, Firestone and Dayton, owns a 16.7% share. Michelin North America Corp., with Michelin, BFGoodrich and Uniroyal, has a 16% share.
Compared to 2004, the nine brands gained 0.1% (from 51.6% to 51.7%) of the consumer market, with the Bridgestone brand posting the largest gain at one-half percent.
The most in-depth and comprehensive statistics covering every facet of the tire industry can be found in MTD's 40th annual Facts Issue. Check it out!