Industry | Tire manufacturing |
---|---|
Founded | 1951 |
Headquarters | |
Key people | Executive Chairman, Enki Tan Managing Director, Lei Huaichin |
Revenue | US$3.2 billion (2018) [1] |
Number of employees | Over 32,000 Worldwide |
Website | www |
Giti Tire is a Singapore headquartered tire company, with eight manufacturing facilities, more than 32,000 global employees, and distribution to a market of more than 130 countries. [2]
As of 2022, [update] Giti was ranked as the number ten tire manufacturing company in the world based on revenue. [3]
Giti Tire's roots go back to 1951, beginning with bicycle tire and inner-tube manufacturing in Indonesia, and later producing bias tires for passenger and commercial vehicles. [4] The company entered China in 1993 and established a joint venture with Anhui Tire Factory, an independent third party for the production of bias tires. In 1998, Giti established proprietary sales and distribution centers in various locations, completing manufacturing facilities in Fujian two years later to serve new passenger car tire (PCR) production. Since then, the company has expanded further internationally, opening offices and distribution centers around the world. [5]
In June 2014, the company announced plans to build a US$560 million production plant in Richburg, South Carolina, (in the Charlotte metropolitan area) USA, its first factory outside of Asia, which opened in October 2017. [6] [7]
In February 2016, Giti was named Automotive Supplier of the Year and Hardlines Supplier of the Year by Bentonville, AR retailer Walmart. [8]
Giti sponsors motorsports drivers and events under the Giti and GT Radial brands. Included among these are being the tire sponsor for many Motorsports events in Asia and Europe, including the F3 Asian Championship [13]
In 2017, Giti Tire debuted at the 24 Hours Nürburgring Race in Germany, qualifying 1st in the SP8 class, and placing 2nd in its class after a final race mechanical issue on the transmission. [14] In 2019, the company achieved its best performance yet, with a first and second-place finish in the SP8 class at the 24 Hours Nürburgring. In addition, its 'Giti's Angels' team of all-female drivers, technicians, and coach achieved a first class finish in their group at the final VLN race in 2019. [15]
In the UK, Giti is the official tire of the VW Beetle Fun Cup, using GitiCompete GTR1 tires.
Also in the UK, Giti have been the official sponsor and exclusive tyre supplier of the British Truck Racing Championship since 2022, which they extended into 2023. [16]
GT Radial is a tire supplier to drifting competitors such as Chris Forsberg (Formula D; since 2021), Benjamin Bourdet (European Champion), and the German drift team.
In the United States, Giti has sponsored Japan's Nobuhiro Tajima in the Pikes Peak International Hill Climb Championship, the 2013 winner in the Electric Auto division. [17]
In 2023, Giti is the official supplier of the Formula Regional Middle East Championship.
Giti Tire manufactures a variety of brands of passenger car, truck/bus, and off-road tires for global markets, which include Giti, GT Radial, Primewell, Runway, and Dextero. [18]
Pirelli & C. S.p.A. is an Italian multinational tyre manufacturer based in the city of Milan, Italy. The company, which has been listed on the Borsa Italiana since 1922, is the 6th-largest tyre manufacturer, and is focused on the consumer production of tyres for cars, motorcycles and bicycles. It is present in Europe, the Asia-Pacific, Latin America, North America, and the post-Soviet states, operating commercially in over 160 countries. It has 19 manufacturing sites, across 13 countries, and a network of around 14,600 distributors and retailers. In 2015, China National Chemical Corp. Ltd. (ChemChina) took controlling interest of Pirelli; with the Chinese state-owned company agreeing to maintain the tyre company's ownership structure until 2023.
Michelin, in full Compagnie Générale des Établissements Michelin SCA, is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France. It is the second largest tyre manufacturer in the world behind Bridgestone and larger than both Goodyear and Continental. In addition to the Michelin brand, it also owns the Kléber tyres company, Uniroyal-Goodrich Tire Company, SASCAR, Bookatable and Camso brands. Michelin is also notable for its Red and Green travel guides, its roadmaps, the Michelin stars that the Red Guide awards to restaurants for their cooking, and for its company mascot Bibendum, colloquially known as the Michelin Man, who is a humanoid consisting of tyres.
Bridgestone Corporation is a Japanese multinational manufacturing company founded in 1931 by Shojiro Ishibashi (1889–1976) in the city of Kurume, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of ishibashi (石橋), meaning 'stone bridge' in Japanese. It primarily manufactures tires, as well as golf equipment.
Western Auto Supply Company—known more widely as Western Auto—was a specialty retail chain of stores that supplied automobile parts and accessories operating approximately 1,200 stores across the United States.
Kymco is a Taiwanese motorcycle manufacturer headquartered in Kaohsiung, Taiwan. With approximately 3000 employees, Kymco produces over 570,000 vehicles annually at its factory in Kaohsiung. The company also has production facilities in Indonesia, Malaysia, the Philippines and PR China.
Saleen Automotive, Inc., commonly known as Saleen (/səˈliːn/), is an American manufacturer of specialty high-performance sports cars and high-performance automotive parts. Saleen is headquartered in Corona, California, USA and privately held.
Cooper Tire & Rubber Company is an American company that specializes in the design, manufacture, marketing, and sales of replacement automobile and truck tires, and has subsidiaries that specialize in medium truck, motorcycle, and racing tires. With headquarters in Findlay, Ohio, Cooper Tire has 60 manufacturing, sales, distribution, technical, and design facilities within its worldwide family of subsidiary companies, including the UK-based Avon Tyres brand, which produces tires for motorcycles, road cars, and race cars.
Dunlop Tyres is a brand of tyres which is managed by different companies around the world. It was founded by pneumatic tyre pioneer John Boyd Dunlop in Belfast, Ireland, in 1888.
Kazunori Yamauchi, nicknamed "Kaz", is a Japanese game designer and racing driver. He is the CEO of Polyphony Digital and producer of the Gran Turismo video game series.
Hankook Tire & Technology Co., Ltd., also known simply as Hankook, is a South Korean tire company based in Seoul. It is the seventh largest tire company in the world. It is a part of Hankook & Company.
The Yokohama Rubber Company, Limited is a Japanese manufacturing company based in Hiratsuka, Japan. The company was founded and began on October 13, 1917, in a joint venture between Yokohama Cable Manufacturing and BFGoodrich. In 1969, the company expanded to the United States as Yokohama Tire Corporation. It primarily produces tires, rims and golf equipment.
BBS Autotechnik GmbH, formerly known as BBS Kraftfahrzeugtechnik AG, is a high-performance automobile wheel design company headquartered in Schiltach, Germany. BBS produces wheels for motorsport, OEM, and aftermarket applications. The company is often credited as pioneering the three-piece wheel and advancing the aluminum wheel industry over many decades, and remains one of the largest producers of automobile wheels in the world. It is a part of KW Automotive since 2021.
Falken is a brand of passenger car, light truck, and medium truck tires owned by the Japanese company Sumitomo Rubber Industries (SRI). It was launched in its native country of Japan in 1983, and was introduced to the North American market two years later and in Europe in 1988. Falken has now become a stand-alone brand that focuses on UHP products while utilizing professional motorsports to further develop and improve products for worldwide distribution.
Federal Corporation is a Taiwan-based tire manufacturer, headquartered in Zhongli District, Taoyuan City Taiwan. Today, it operates under the name of Federal Group which includes marketing, real estate divisions, and two tire manufacturing plants: original plant in Zhongli, Taiwan and 100% owned plant in China, Jiangxi, Nanchang.
Subaru is the automobile manufacturing division of Japanese transportation conglomerate Subaru Corporation, the twenty-first largest automaker by production worldwide in 2017.
Takayuki Kinoshita is a Japanese racing car driver, author, and automotive journalist. Kinoshita is affiliated with Toyota Motorsport's GAZOO Racing arm, with whom he scored SP8 class wins in the 2010, 2012, and 2014 24 Hours Nürburgring driving the Lexus LFA. He also won A8 class in the 2004 24 Hours Nürburgring driving a Nissan Skyline GT-R (R34) for Falken Motorsports.
Stanley Electric Co., Ltd.(スタンレー電気株式会社, Sutanrē Denki Kabushiki-gaisha) is a Japanese manufacturer of electric lights. Stanley has 36 consolidated subsidiaries, three associated companies, 23 factories in eight countries, offices in 17 countries, and over 16,000 employees.
In motorsports, a tire war occurs when more than one manufacturer provides tires for a motorsports series. Historically, tire wars have occurred in many high-level series, such as Formula One, NASCAR, Super GT, and MotoGP.
KW Automotive GmbH is a German company that primarily develops suspension systems for the automotive and motorsport industries.