In 2012, the world's tire industry ushered in the peak investment, the world's major tire manufacturers invested over 10 billion US dollars for tire expansion and transformation and upgrading, have to expand the market, especially in the emerging markets of developing countries, but also the tire industry giants to seize Position, and achieved good performance returns.
In 2013, investment in the world's tire industry was still booming. Not only did the world's tire giants such as Michelin and Bridgestone have large expansion plans, but companies such as Hangzhou Zhongce and Apollo were also ranked in the third-tier expansion. The tire industry has ushered in a continuous investment boom. The largest investment region is Asia, which is also the fastest growing region in the automotive industry, followed by North America and Eastern Europe.
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