The 17 World’s Biggest Tire Corporations
Top 17 World’s Biggest Tire Corporations in 2025
Top 17 World’s Biggest Tire Corporations in 2025- Based on the annual report of
company in 2025, there are 17 World’s Biggest Tire Corporations. These
corporations have billions of US Dollar revenues and net income as well as
total assets. Statistically, some people in the world may know these
tire corporations or probably still use these tire products.
Principally, tires are devices that cover the
wheels. Tires are an indispensable part of vehicles (cars,
motorcycle, or bicycle) and are used to reduce vibration caused by road surface
irregularities, protect the vehicle from damage, and provide stability between
the vehicle and the ground to increase acceleration and movement. Most tires
that exist today, especially those used for vehicles, are manufactured from
synthetic rubber, although it can also be used from other materials such as
steel.
In 2025, there are 17 world’s biggest tire corporations,
and we commonly know these corporations because we usually used their products.
Here are the 17 world’s biggest tire corporations based on the net income that
they earned in 2025. Overall, this data of revenue and income of each company
was obtained from the income statement of the annual report of the company in
2025. Basically, the annual report is a published report of a company that
usually describes the business, financial, and operational performance in the
specific year annually.
The Rank of 17 World’s Biggest Tire Corporations According to Net Income in 2025
|
Rank |
Name of Tire Companies |
Total Revenue |
Total Revenue |
Net Income |
Net Income |
|
Origin Currency |
US Dollar |
Origin Currency |
US Dollar |
||
|
1 |
Bridgestone |
JPY 4.43 trillion |
USD 27.5 billion |
JPY 327 billion |
USD 2.02 billion |
|
2 |
Michelin |
EUR 25.9 billion |
USD 29.8 billion |
EUR 1.66 billion |
USD 1.9 billion |
|
3 |
Hankook |
KRW 21.2 trillion |
USD 14.2 billion |
KRW 1.84 Trillion |
USD 1.23 billion |
|
4 |
Yokohama Rubber |
JPY 1,234 billion |
USD 7.65 billion |
JPY 105 billion |
USD 0.65 billion |
|
5 |
Pirelli |
EUR 6.77 billion |
USD 7.78 billion |
EUR 0.53 billion |
USD 0.61 billion |
|
6 |
Sailun Group |
RMB 36.7 billion |
USD 5.5 billion |
RMB 3.5 billion |
USD 0.53 billion |
|
7 |
Toyo Tires |
JPY 594 billion |
USD 3.68 billion |
JPY 63.6 billion |
USD 0.39 billion |
|
8 |
Sumitomo Rubber Group |
JPY 1,207 billion |
USD 7.48 billion |
JPY 52.7 billion |
USD 0.33 billion |
|
9 |
MRF |
INR 311 billion |
USD 3.1 billion |
INR 24.3 billion |
USD 0.24 billion |
|
10 |
Shandong Linglong Tyre |
RMB 24.5 billion |
USD 3.67 billon |
RMB 1.37 billion |
USD 0.21 billion |
|
11 |
Apollo |
INR 283 billion |
USD 3 billion |
INR 13.7 billion |
USD 0.14 billion |
|
12 |
Triangle Tyre Co |
RMB 9.78 billion |
USD 1.46 billion |
RMB 0.92 billion |
USD 0.138 billion |
|
13 |
Cheng Shin Rubber |
TWD 90.78 billion |
USD 2.81 billion |
TWD 4.85 billion |
USD 0.15 billion |
|
14 |
Giti Tire Corp |
RMB 4.83 billion |
USD 0.73 billion |
RMB 197 million |
USD 0.030 billion |
|
15 |
Nokian Tyres |
EUR 1.37 billion |
USD 1.58 billion |
(EUR -0.015 billion) |
(USD -0.017 billion) |
|
16 |
Continental |
EUR 19.67 billion |
USD 22.6 billion |
(EUR -0.14 billion) |
(USD - 0.16 billion) |
|
17 |
Goodyear |
USD 18.3 billion |
USD 18.3 billion |
(USD -1.7 billion) |
(USD -1.7 billion) |
|
Source: Annual Report, 2025 |
|||||
|
Origin Currency: Currency officially
Used at the Annual Report of 2025 |
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|
US Dollar: Converted Currency from
Origin Currency into US Dollar (USD) |
|||||
|
Currency Rate: |
|||||
|
|
1 Japanese Yen (JPY) = 0.0062 US
Dollar (USD) |
||||
|
|
1 Euro (EUR) = 1.15 US Dollar (USD) |
||||
|
|
1 Korean Won (KRW)= 0.00067 US
Dollar (USD) |
||||
|
|
1 Rupee India (INR) = 0.010 US
Dollar (USD) |
||||
|
|
1 Taiwan Dollar (TWD) = 0.031 US
Dollar (USD) |
||||
|
|
1 Renminbi (RMB) = 0.15 US Dollar
(USD) |
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As additional data, we also add some data related to the
company’s financial position. These data are total assets and total liabilities
from each company, and it shows what company owns (total assets) and what
company owes (total liabilities). Commonly, these indicators can be found in
the balance sheet of the annual report. Here are the 17 world’s biggest tire
corporations based on their total assets.
The Rank of 17 World’s Biggest Tire Corporations According to Total Assets in 2025
|
Rank |
Companies |
Total Assets |
Total Assets |
Total Liabilities |
Total Liabilities |
|
Origin Currency |
US Dollar |
Origin Currency |
US Dollar |
||
|
1 |
Michelin |
EUR 35 billion |
USD 40.3 billion |
EUR 16.9 billion |
USD 19.4 billion |
|
2 |
Bridgestone |
JPY 5,747 billion |
USD 35.6 billion |
JPY 2,027 billion |
USD 12.5 billion |
|
3 |
Continental |
EUR 17.8 billion |
USD 20.4 billion |
EUR 13.6 billion |
USD 15.6 billion |
|
4 |
Hankook |
KRW 26.6 trillion |
USD 18.6 billion |
KRW 12.4 trillion |
USD 8.68 billion |
|
5 |
Goodyear |
USD 18.2 billion |
USD 18.2 billion |
USD 14.8 billion |
USD 14.8 billion |
|
6 |
Pirelli |
EUR 13.4 billion |
USD 15.41 billion |
EUR 6.9 billion |
USD 7.94 billion |
|
7 |
Yokohama Rubber |
JPY 1,998 billion |
USD 12.3 billion |
JPY 968 billion |
USD 6 billion |
|
8 |
Sumitomo Rubber Group |
JPY 1,459 billion |
USD 9.05 billion |
JPY 723 billion |
USD 4.48 billion |
|
9 |
Shandong Linglong Tyre |
RMB 47 billion |
USD 7.05 billion |
RMB 23 billion |
USD 3.45 billion |
|
10 |
Sailun Group |
RMB 46.7 billion |
USD 7 billion |
RMB 23.2 billion |
USD 3.45 billion |
|
11 |
Toyo Tires |
JPY 753 billion |
USD 4.66 billion |
JPY 230 billion |
USD 1.42 billion |
|
12 |
Cheng Shin Rubber |
TWD 143 billion |
USD 4.4 billion |
TWD 55.4 billion |
USD 1.71 billion |
|
13 |
MRF |
INR 322 billion |
USD 3.1 billion |
INR 123 billion |
USD 1.2 billion |
|
14 |
Apollo |
INR 296 billion |
USD 2.96 billion |
INR 124 billion |
USD 1.24 billion |
|
15 |
Triangle Tyre Co. Ltd. |
RMB 19.5 billion |
USD 2.93 billion |
RMB 5.24 billion |
USD 0.78 billion |
|
16 |
Nokian Tyres |
EUR 2.31 billion |
USD 2.65 billion |
EUR 1.15 billion |
USD 1.32 billion |
|
17 |
Giti Tire Corp |
RMB 4.49 billion |
USD 0.67 billion |
RMB 2.52 billion |
USD 0.37 billion |
|
Source: Annual Report, 2025 |
|||||
|
Origin Currency: Currency officially
Used at the Annual Report of 2025 |
|||||
|
US Dollar: Converted Currency from
Origin Currency into US Dollar (USD) |
|||||
|
Currency Rate: |
|||||
|
|
1 Japanese Yen (JPY) = 0.0062 US
Dollar (USD) |
||||
|
|
1 Euro (EUR) = 1.15 US Dollar (USD) |
||||
|
|
1 Korean Won (KRW)= 0.00067 US
Dollar (USD) |
||||
|
|
1 Rupee India (INR) = 0.010 US
Dollar (USD) |
||||
|
|
1 Taiwan Dollar (TWD) = 0.031 US
Dollar (USD) |
||||
|
|
1 Renminbi (RMB) = 0.15 US Dollar
(USD) |
||||
The Histogram Rank of 17 World's Biggest Tire Corporations in 2026 Based on Total Assets in 2025
The Histogram Rank of 17 World's Biggest Tire Corporations in 2026 Based on Net Income in 2025
Brief Description of 17 World’s Biggest Tire Corporations in 2025
1.Continental
Historically, Continental was founded
in Hanover in 1871 as the stock corporation “Continental-Caoutchouc-
und Gutta-Percha Compagnie”. Operationally, this company has a
main factory in Hannover, Lower Saxony which makes some tire products including
soft rubber products, rubberized fabrics, and solid tires for carriages and
bicycles. Furthermore, in terms of workforce, as of 2025, Continental has
employed around 200,000 people located in 56 countries and markets.
As of 2025, Continental is one of the
top 5 automotive suppliers worldwide and operates numerous tire manufacturing
facilities with a strong market presence in Europe, North America, and Asia.
Along with the development of the company's business, these corporations have
some products of tires. Some of the brand tires of continental are Uniroyal,
Semperit, Barum, General Tire, Viking, Gislaved, Mabor, Matador and Sportiva brands.
Financially, according to its annual
report in 2025, Continental, a German-based tires company, has with
a total asset of EUR 17.8 billion or equivalent to USD 20.4 billion with
total liabilities of around EUR 13.6 billion or equivalent to USD 15.6 billion.
Based on the business performance in 2025, Continental successfully generated
total revenue of EUR 19.67 billion or equivalent to USD 22.6 billion but
unfortunately suffered net loss of EUR - 0.14 billion or equivalent with
USD - 0.16 billion.
2. Bridgestone
Bridgestone Corporation is one of the biggest manufacturers
of tires in the world. Historically, this company was founded by Shojiro
Ishibashi in 1931 with the name of Bridgestone Tire Co in the city of Kurume,
Fukuoka Prefecture, Japan. Along with the development of the company, this
company has 130 manufacturing plants and R&D Facilities spreading out the
nations and has produced many tire products including passenger car tires,
truck and bus tires, specialties tires (off-the-road mining and construction vehicle,
aircraft, agricultural machinery, motorcycle). With employees of more than 121
thousand people, this company still moves forward with innovative products.
Operationally, based on the product, this company markets some tire products
with distinct brands, namely Ecopia, Turanza, Potenza, Dueler, Blizzak,
Battlax and other tire brands.
Financially, in 2025, based on the annual report, Bridgestone successfully generated total revenue of JPY 4.43 trillion or equivalent to USD 27.5 billion and successfully gained positive net income reaching JPY 327 billion or equivalent to USD 2.02 billion. In terms of financial position from the balance sheet of the annual report in 2025, total assets of Bridgestone reached JPY 5,747 billion or equivalent to USD 35.6 billion with total liabilities of around JPY 2,027 billion or equivalent to USD 12.5 billion.
3.Michelin
Michelin is a global tire company from
Clermont-Ferrand, France. Historically, this company was founded by Édouard
Michelin and André Michelin on May 26th, 1889. Along with the business
development of the company, Michelin has 83 tire production sites in 26
countries, 45 polymer composite solutions production plants and commercial
offices in 170 countries, with total employees around the world reaching 129
thousand people.
Financially in 2025, Michelin still had a positive performance which gained total revenue of EUR 25.9 billion or equivalent to USD 29.8 billion and net income of EUR 1.89 billion or equivalent with USD 2 billion. In terms of financial position, Michelin has total assets of around EUR 35 billion or equivalent to USD 4.3 billion with total liabilities of around EUR 16.9 billion or equivalent to USD 19.4 billion.
4.Goodyear
The Goodyear Tire & Rubber Company is an
American-based Tire company. Historically, this company was founded on
August 29th, 1898, by Frank Seiberling. The name comes from Charles Goodyear,
the creator of vulcanized rubber. Today, this company still has a
central office in Akron, Ohio, United States of America
(USA). Currently, as of 2024, Goodyear company has
employed approximately 68,000 full-time and temporary associates worldwide.
Along with the business development of the company, Goodyear has several brands
of tires. These brands include Goodyear, Cooper, Dunlop, Kelly,
Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon and
Remington brands and various “house” brands. Furthermore, Goodyear also
owned the selling rights of the Dunlop brand in Europe, North
America, and Oceania.
Financially, according to its annual report in 2025, Goodyear successfully generated total revenue of USD 18.3 billion but suffered net loss of USD - 0.070 billion. In terms of financial position, Goodyear has total assets of around USD 18.2 billion and total liabilities of around USD 14.8 billion.
5.Pirelli
Pirelli & C. S.p.A.is one of the world’s biggest tire
manufacturers based in Milan, Italy. Historically, this company was founded by
Giovanni Battista Pirelli in 1872. Along with the development of the company,
Pirelli has around 18 production plants in 12 Countries, a commercial presence
in over 160 countries, and employs about 31,100 people. Today, structurally,
based on ownership, ChemChina still has the highest proportion of share with
37% share ownership, Investitori istituzionali italiani with 29.7% share and
Marco Tronchetti Provera with 22 % share.
Financially, in 2025, Pirelli
successfully generated total revenue of EUR 6.77 billion or
equivalent to USD 7.78 billion and net income of EUR 0.53 billion or equivalent
to USD 0.61 billion. In terms of financial position, Pirelli has total assets
of around EUR 13.6 billion or equivalent to USD 14.96 billion and
total liabilities of around EUR 7.7 billion or equivalent to USD 8.47
billion.
6.Sumitomo Tires
Sumitomo Rubber Industries, Ltd is
Japanese-based rubber. Along with the development of the company, this company
has 81,288 employees and has branches in 125
locations spread out in 64 countries and regions. In 1963, the
Sumitomo Group officially acquired Dunlop Japan and changed its name to
Sumitomo Rubber Industries Ltd. In Asia, Africa, and Latin America, Sumitomo
Rubber holds the rights to the Dunlop brand. In addition, Sumitomo Tires has
managed the production, marketing, and distribution of some tire
brands including Falken, and Ohtsu tires.
Financially in the year 2025, Sumitomo
Rubber successfully gained total revenue of around JPY 1.21 trillion or
equivalent to USD 7.48 billion and net income of JPY 52.7 billion or equivalent
with USD 0.33 billion. In terms of financial position, total assets of Sumitomo
Rubber reached JPY 1.46 trillion or equivalent to USD 9.05 billion with total
liabilities of around JPY 723 billion or equivalent to USD 4.48 billion.
7.Yokohama Rubber Company
Yokohama Rubber Company is another biggest tire company
from Japan. Historically, this company was founded on October 13th, 1917, and
still has a central office in Tokyo, Japan. Operationally, Yokohama
Rubber Company has employed 34,198 people and has operations in 39 countries
and 200 sites. Furthermore, as of 2024, some of the tire brands from Yokohama
Rubber Company are Yokohama, Advan, BluEarth, Geolandar, IceGuard,
Parada, PRGR, S. drive, Alliance, Galaxy, and Primex.
Financially, in 2025, based on the annual report, the Yokohama Rubber successfully generated total revenue of JPY 1,234 billion or equivalent to USD 7.65 billion and net income of JPY 105 billion or equivalent to USD 0.65 billion. In terms of financial position, total assets of Yokohama Rubber in 2025 reached JPY 1.99 trillion or equivalent to USD 12.3 billion and total liabilities of around JPY 0.968 trillion or equivalent to USD 6 billion.
8.Cheng Shin Rubber
Cheng Shin Rubber Ind. CO., LTD. has primary offices in
Tatsun Hsiang, Changhua, Taiwan. Specifically, Cheng Shin Rubber has managed
some well-known tire brands, including Maxxis and CST. Commonly, one of the
brands namely “Maxxis” is popularly used in bicycle
tires. As of 2024, Maxxis distributes its products in more than 180 countries
and has operations in Asia, North America, South America, Europe, Africa, and
Australia, employing more than 30,000 people.
Financially, in 2025, Cheng Shin Rubber could
generate total revenue of TWD 90.78 billion or equivalent to USD 2.81 billion
and net income of TWD 4.85 billion or equivalent to USD 0.15 billion. In terms
of financial position, Chen Shin Rubber has total assets of around TWD 143
billion or equivalent to USD 4.4 billion with total liabilities of around TWD
55.4 billion or equivalent to USD 1.71 billion.
9.Toyo Tires Corporation
Toyo Tire Corporation has a primary office in
Itami, Hyogo, Japan. Historically, this company was established on August 1st,
1945. Today, the company has around 12 thousand employees. Operationally, toyo
Tire has manufacturing tires in four countries, namely Japan, the US, China,
and Malaysia. Commoly, some tire brands sold by Toyo Tires are Toyo,
Nitto, and Silverstone.
Financially, according to its annual report of 2025, the
Toyo Tire Corporation successfully generates total revenue of JPY 594 billion
or equivalent to USD 3.68 billion and net income of JPY 63.8 billion or
equivalent to USD 0.39 billion. In terms of financial position, total assets of
Toyo Tire Corporation reached JPY 753 billion or equivalent to USD 4.66 billion
with total liabilities of around JPY 230 billion or equivalent to USD 1.42
billion.
10. Apollo Tyres Limited
Apollo Tyres Limited is an Indian tyre manufacturing
company headquartered in Gurugram, Haryana. Historically, this company was
established in 1972. Along with development of company business, Apollo has 7
Manufacturing locations across India and Europe, 2 Global R&D centers, and
served more than 100 countries. To date, the total number of employees reaches
18,734 people. As of 2025, Apollo Tyres Limited has some tire brands
including Apollo Tyres and Vredestein.
Financially, according to its annual report of 2025, Apollo
successfully generated INR 283 billion or equivalent to USD 3 billion and its
net income reached INR 13.7 billion or equivalent to USD 0.14 billion. In terms
of financial position, total assets of Apollo Tyres Limited reached INR 296
billion or equivalent to USD 2.96 billion with total liabilities of around INR
124 billion or equivalent to USD 1.24 billion.
11. Hankook Tire & Technology Group
Hankook Tire & Technology Group is a South Korean tire
manufacturer headquartered in Seoul. Historically, this company was founded by
Jae Hun Chung in 1941. Today, along with the development of the
company, Hankook has 5 regional headquarters/divisions, 5 R&D Centers, 30
Sales Subsidiaries & Offices, 8 production facilities in Korea (2), China
(3), USA, Hungary, and Indonesia. Globally, the total employee of a company
reaches 20 thousand people. As of 2024, Hankook Tire & Technology produces
100 million high-quality tires per annum and is distributed to 160 countries
throughout the world. In addition, this company employs over 20,000 people. In
the tire industry, Hankook produced some different tires with different
sub-brands, including iON (dedicated EV tires), Ventus (premium
tires), Dynapro (SUV tires), Kinergy (comfort
tires), Vantra (van tires), Winter i*cept (winter
tires), and Smart (truck and bus tires).
Financially, according to its annual report in 2025, Hankook successfully generated total revenue of KRW 21.2 trillion or equivalent to USD 14.2 billion and net income reaching KRW 1.84 trillion or equivalent to USD 1.2 billion. Furthermore, related to financial position, total assets of Hankook Tire reached KRW 26.6 trillion or equivalent to USD 18.6 billion and total liabilities of around KRW 12.4 trillion or equivalent to USD 8.64 billion.
12.Nokian Tyres
Nokian Tyres plc is a company headquartered in Nokia, Finland and has been established since 1898. Basically, this company produces tires for cars, trucks, buses, and heavy-duty equipment with main brands namely Nokian Tyres and Nordman. As of 2025, this company operates in over 60 countries around the world with 4,700 employees.
Financially, in 2025, Nokian Tyres successfully generated total revenue of EUR 1.37 billion or equivalent to USD 1.58 billion but suffered net loss of EUR -15 million or equivalent with USD -17 million. In terms of financial position, Nokian Tyres has total assets of EUR 2.31 billion or equivalent to USD 2.65 billion with total liabilities of around EUR 1.15 billion or equivalent to USD 1.32 billion.
13. Madras Rubber Factory (MRF)
Madras Rubber Factory (MRF) is an Indian multinational tire
manufacturing company Headquartered in Chennai, Tamil Nadu, India.
Historically, this company was founded by K. M. Mammen Mappillai in 1946. As of
2024, along with the development of the company, the total employee of the
company reaches 16,194 people.
Financially, in 2025, based on the annual report, MRF
successfully generated total revenue of INR 311 billion or equivalent to USD
3.1 billion and net income reached INR 24.3 billion or equivalent to USD 0.24
billion. In terms of financial position, total assets of Madras Rubber Factory
(MRF) in 2025 reached INR 322 billion or equivalent to USD 3.1 billion and
total liabilities of around INR 123 billion or equivalent to USD 1.2 billion.
14. Shandong Linglong
Tyre
Founded in 1975, Shandong Linglong Tyre Co., Ltd. is a
specialized and large-scale technology-oriented tire manufacturer with some
tire products including Passenger Car Tire, SUV Tire Winter, Tire Truck &
Bus Tire, and Specialty Tire. As of the tire company, Shandong Linglong tyre
has 7 R&D centers located in Zhaoyuan, Yantai, Shanghai, Jinan,
Beijing, the United States, and Germany. Along with business development,
Shandong Linglong has sold its products to 173 countries worldwide, with more
than 100,000 marketing outlets in the world.
Financially according to its annual report in 2025, Shandong Linglong Tyre has total assets of RMB 47 billion or equivalent to USD 7.05 billion with total liabilities of around RMB 23 billion or equivalent to USD 3.45 billion. In terms of business performance in 2025, Shandong Linglong successfully gained total revenue of around RMB 24.5 billion or equivalent to USD 3.67 billion with net income of around RMB 1.37 billion or equivalent to USD 0.21 billion.
15. Sailun Group
Founded in November 2002,
Sailun Tire is a leading global tire manufacturer headquartered in Shibei
District, Qingdao, China. Sailun operates tire manufacturing plants in Qingdao,
Dongying, Shenyang, and Vietnam. Furthermore, the sales networks and logistics
centers are established in Canada, Germany, and other regions to serve global
markets. Annually, Sailun produces over 26.6 million TBR tires, 88 million PCR
tires, and 310,000 tons of OTR tires, selling products in more than 180
countries across Europe, Americas, Asia, and Africa. Specifically, in the tire
industry, some tire brands sold by Sailun Group are ERANGE EV,
Blackhawk, Rovelo, RoadX, and Maxam.
Financially, according to
its annual report in 2025, Sailun Group has total assets of around RMB 46.7 billion or equivalent to USD 7
billion with total liabilities of around RMB 23.2 billion or equivalent to USD 3.46
billion. In terms of business performance, Sailun Group successfully gained
total revenue of around RMB 36.7 billion or equivalent to USD 5.5 billion with
net income of around RMB 3.5 billion or equivalent to USD 0.53 billion.
16. Triangle Tyre Co.Ltd.
Founded by the Weihai
government in 1976, Triangle Group produces tires for various vehicles,
including passenger cars and construction equipment, under the Triangle and DIAMONDBACK brands.
Operationally, Triangle Group still has a central office in Weihai, Shandong,
China. As of 2024, Triangle Group has manufacturing plant located in Huasheng
Plant (specializing in the production of passenger vehicle tires and giant
tires, radial tires engineering), Huamao Plant (specializing in the production
of commercial vehicle tires), Huayang Plant (specializing in the production of
high-performance tires for passenger cars and SUVs), Huada Plant (specializing
in tire retreading), Huaxin Plant (specializing in bias tire engineering).
In terms of financial
aspects, Triangle Tyre has total assets of RMB 19.5 billion or equivalent to
USD 2.93 billion with total liabilities of around RMB 5.24 billion or
equivalent to USD 0.78 billion. Related to business performance, Triangle Tyre
successfully gained a total revenue of RMB 9.78 billion or equivalent to USD
1.46 billion and net income RMB 0.92 billion or equivalent to USD 0.138
billion.
17. Giti
Giti is A Singapore-Based Global Tire Company and Giti Tire
offers some tires and exports to over 130 countries. As of business
development, Giti has 5 Manufacturing Plants located in China, Indonesia, and
the U.S.A. and R&D and Tire Testing Centers located in China, the U.S.,
Germany, Indonesia. As of 2025, Giti has employed 30,000 worldwide.
Financially, in the year 2025 according to the annual
report, Giti has total assets of around RMB 4.49 billion or equivalent to USD
0.67 billion with total liabilities of around RMB 2.52 billion or equivalent to
USD 0.37 billion. In terms of business performance in 2025, Giti successfully
gained total revenue of around RMB 4.83 billion or equivalent to USD 0.73
billion with net income of around RMB 197 million or equivalent to
USD 0.030 billion.
Bibliography of 17 World’s Biggest Tire Corporations in 2025
Michelin. 2026. Annual
Report 2025. Accessed via https://www.michelin.com/en/investors/presentation-events/results-sales on January 25th, 2026.
Continental. 2026. Annual
Report 2025. Accessed via https://www.continental.com/en/investors/reports-presentations/ on on January 25th, 2026.
Bridgestone. 2026. Annual
Report 2025. Accessed https://www.bridgestone.com/ir/ via on January 25th,
2026.
Goodyear. 2026. Annual
Report 2025. Accessed via https://corporate.goodyear.com/us/en/investors/reports-and-filings/annual-reports.html on January 25th, 2026.
Pirelli. 2026. Annual
Report 2025. Accessed via https://corporate.pirelli.com/corporate/en-ww/investors/financial-publications/financial-reports on January 25th, 2026.
Yokohama. 2026. Annual
Report 2025. Accessed via https://www.y-yokohama.com/global/ir/library/areport/ on January 25th, 2026.
Hankook. 2026. Annual
Report 2025. Accessed via https://www.hankooktire.com/global/en/investors/financial-reports/annual-reports.html on on January 25th,
2026.
Sumitomo Tires. 2026.
Annual Report 2025. Accessed via https://www.sumitomocorp.com/en/jp/ir on on January 25th, 2026.
Shandong Linglong Tyre. 2026.
Annual Report 2025. Accessed via https://www.wsj.com/market-data/quotes/CN/XSHG/601966/financials on on January 25th, 2026.
Sailun Group. 2026. Annual
Report 2025. Accessed via https://www.wsj.com/market-data/quotes/CN/XSHG/601058/financials on on January 25th, 2026.
Toyo Tires. 2026. Annual
Report 2025. Accessed via https://www.toyotires-global.com/ir/library/release/ on on January 25th, 2026.
Apollo. 2026. Annual
Report 2025. Accessed via https://corporate.apollotyres.com/investors/financial-reporting/#?activeTab=Annual_Report on January 25th, 2026.
MRF. 2026. Annual Report
2025. Accessed via https://www.wsj.com/market-data/quotes/IN/XNSE/MRF/financials/annual/income-statement
on January 25th, 2026.
Triangle Tyre Co. Ltd. 2026.
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