Tire industry needs to prepare hibernate
From; Author:Stand originally
Nearly one paragraph of period, tire company announced what forms for reporting statistics reached pair of second half of the year first half of the year 2008 to look into in succession. General earnings of world-renowned tire company falls, growth of sales revenue of company of Chinese most tire puts delay, benefit also glides somewhat. World-renowned tire company thinks generally, tire of a paragraph of period will produce situation of supply and marketing to not allow henceforth hopeful. American balata production association is forecasted the sale of American tire will drop this year 4% reach 298 million, and the downtrend of tire market is changeless 2009. Tire company day is uneasy, need makes feel well winter prepare. Tire company outstanding achievement is general not beautifulWorld-class tire company is after the good days with old experience, appear generally this year inflection point, sales revenue growth puts delay, earnings falls. General benefit manages sales revenue rises first half of the year this year 2% , profit drops considerably 30% . This company thinks tall house of price of raw material, the sources of energy and economy glide etc short-term hard changeover, because this is moved considerably low annual anticipates this year, forecast profit will be compared this year on year drop 50% above. Mi Jilin thinks of raw material cost rise exceeded everybody anticipate, bring about a company to sell cost to rise, cash flows to also suffer inventory to increase affect and decrease. Sales revenue grows this company first half of the year 2.0% , operation profit margin drops 2% . Company of rubber of library Po tire announces, had achieved the clean sale with 1.5 billion record-breaking dollar first half of the year this year, but net loss caustic is 21 million dollar, and go up criterion of year of the corresponding period for net profit 38 million dollar. Although be adopted first half of the year this year,yokohama company says to increase production efficiency, cut down a series of positive step such as cost, but still cannot digest the cost that rise, already achieved at present bear the limit of ability. Han peaceful tire this year the 2nd quarter although sales revenue grows 16% , but business profit margin drops compared to the same period, grow 24.3% compared to the same period than last year according to calculating raw material cost. North America market shows cold winter signNorth America area is fetal production and sale area rounds the world is the greatest, also be the barometer of world tire situation. As a result of the United States second the ceaseless aggravation that borrows crisis influence and economic situation, controlled car demand directly. Concerned data shows, sales volume of American new car falls compared to the same period first half of the year this year a more than 17 ％ , amount to the nadir of this century. Car demand is low fan bring about sale of tire of North America area to drop continuously. General benefit department is connected, the sale has the tire that Mijilin is in the United States first half of the year this year to drop apparently. Additional, american balata makes association think, by with the embryo retail market will fall this year 1% achieve 202 million. As a result of the United States economy still will be in predicament 2009, by with the embryo retail market demand still has improvement hard. Embryo of light 2008 card is retail market sales volume will drop 7% amount to 32 million, will continue to drop next year 5% . Replacing fetal market, medium-sized / wide base / business of heavy-duty high speed may glide with sales volume of carring capacity embryo 3.5% decrease reach 16 million. To first wife market, this association forecasts market of lorry embryo first wife sales volume drops this year 11% reach 41 million, achieve 11 years to come new low. Because economy restores not seasonable and import light-duty car in great quantities, market of lorry embryo first wife will continue to drop 2009 3% . And the sales volume that blocks market of fetal first wife gently drops range is bigger, will drop 35% reach 28 million.
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