Magazine for the professional tire industry
Issue link: https://mtd.epubxp.com/i/244093
Facts section: Market share brands, is third at 12.7%. Together, the three companies account for 40.8% of the replacement passenger tire market. Bridgestone also is frst in new tire sales in the U.S. and Canada, with Goodyear and Michelin tied for second (see Chart 11). Te numbers do not include retail sales through company-owned outlets. OE market share For the frst time, Cooper Tire & Rubber Co. has an original equipment tire with a major vehicle manufacturer. Te Cooper Zeon RS3-A, in size 215/50R17, was selected by Ford Motor Co. as a standard ftment for the 2013 Ford Focus SE and Titanium models. Chart 10 2013 U.S. REPLACEMENT CONSUMER TIRE BRAND SHARES PASSENGER TIRES (Based on 201.6 million units) Brand Goodyear Michelin Bridgestone % of total 13.0% 8.5% 8.0% LIGHT TRUCK TIRES (Based on 28.3 million units) Brand Goodyear BFGoodrich Bridgestone % of total 12.0% 9.0% 8.0% Firestone 7.5% Michelin 7.0% Cooper 5.5% Firestone 6.5% BFGoodrich 4.5% Cooper 6.0% Chart 11 WORLD LEADERS IN NEW TIRE SALES (Fiscal year 2013; in billions of U.S. dollars) Company 2013 Bridgestone Corp. $31.2 Groupe Michelin $26.8 $27.4 Goodyear Tire & Rubber Co. $18.9 $20.2 Continental AG $13.0 $12.4 Pirelli & Cie SpA $8.0 $7.7 4.0% General 4.5% Yokohama 4.0% Multi-Mile 4.5% Falken 3.5% Yokohama 4.0% General 3.5% Hankook 3.5% Continental 2.5% Toyo 2.5% Pirelli Hankook Tire Co. $6.6 $6.3 Yokohama Rubber Co. $4.91 $5.61 Cheng Shin Rubber Ind. Co. Ltd. $4.5 $4.4 Kumho Tire Co. Ltd. $3.4 $3.6 Cooper Tire & Rubber Co. $3.2 $4.2 Toyo Tire & Rubber Co. Ltd. 2.5% Falken 2.0% Pirelli 2.5% Hercules 2.0% Toyo 2.5% Kumho 2.0% Hercules 2.0% Mastercraft 2.0% Multi-Mile 2.0% Uniroyal 2.0% Dunlop 1.5% Big O 1.5% GT Radial 1.5% Continental 1.5% Mastercraft 1.5% Cordovan 1.5% Sumitomo 1.5% Dunlop 1.5% Uniroyal 1.5% Eldorado 1.5% Big O 1.0% Kelly 1.5% Cordovan 1.0% Maxxis 1.5% Delta 1.0% Nexen 1.5% Fuzion 1.0% Delta 1.0% Kelly 1.0% GT Radial 1.0% Nitto 1.0% Others 6.0% Sigma 1.0% Others 8.0% 1 $3.0 $3.63 U.S./CANADIAN LEADERS IN NEW TIRE SALES (Fiscal year 2013; in billions of U.S. dollars) 2.5% Nexen $7.7 $6.9 3.5% Kumho 1 32.0 Sumitomo Rubber Industries Ltd. 2 Hankook 2012 1 2013 2012 Bridgestone Americas Inc. Company $9.21 $9.4 Goodyear Tire & Rubber Co. $8.0 $8.6 Michelin North America Inc. $8.0 $8.2 Continental Tire the Americas LLC $2.9 $2.7 Cooper Tire & Rubber Co. $2.4 $3.1 Sumitomo Rubber Industries Ltd.4 $1.41 $1.4 Hankook Tire America Corp. $1.4 $1.3 1 Yokohama Tire Corp. $1.3 Kumho Tire U.S.A. Inc. $.7 Pirelli Tire North America Inc. $.64 Toyo Tire Holdings of America Inc. $1.3 $.8 1 $1.4 $.61 $1.53 1 The average exchange rate between the yen and U.S. dollar increased 22.3% from 2012 to 2013 in favor of the U.S. The strong yen hurt the results from Bridgestone, Sumitomo, Yokohama and Toyo. 2 3 4 Doing business as Maxxis International. Toyo's fscal 2012 was a one-time-only nine months long. The 2012 total includes 4Q 2011 results. Sumitomo Corp. of America is run independently of Sumitomo Rubber Industries. Because numbers are rounded to the nearest one-half percent, the total may not equal 100%. Brands must have at least 1% of the market in shipment numbers to be listed at 1%. This applies to all the market share charts. 34 MTD January 2014