18 • August 27, 2018, TIRE BUSINESS Visit us on the web at www.tirebusiness.com 2018 Global Tire Company Rankings Based on 2017 results. Includes subsidiaries. (Figures in millions of dollars, translated at average annual currency exchange rates) 2017 2016 2015 2014 2017 2016 Tire % of total Tire % of total Tire % of total Tire % of total Rank Rank Company/Headquarters sales corp. sales sales corp. sales sales corp. sales sales corp. sales 1 1 Bridgestone Corp.# 1 *24,350.0 *75.0% 22,121.0 *75.0% *24,045.0 *75.0% *26,045.0 *75.0% Tokyo, Japan 2 2 Group Michelin#2 *23,560.0 *95.0% 21,129.4 *95.0% *22,130.0 *95.0% *24,668.5 *95.0% Clermont-Ferrand, France 3 3 Goodyear Tire & Rubber Co.# *14,300.0 *93.0% *13,645.0 *90.0% *14,800.0 *90.0% *16,355.0 *90.0% Akron, Ohio 4 4 Continental A.G.# *11,325.0 *28.5% *10,785.0 *25.0% *10,780.0 *25.0% *11,875.0 *24.8% Hanover, Germany 5 6 Sumitomo Rubber Industries Ltd.# 6,755.1 85.7% 6,029.9 85.6% 6,051.2 86.3% 6,917.7 87.3% Kobe, Japan 6 5 Pirelli & C. S.p.A.# 3 6,034.2 100.0% 6,380.0 100.0% 6,933.6 100.0% 7,992.2 ??? Milan, Italy 7 7 Hankook Tire Co. Ltd. *5,535.0 *92.0% 5,008.7 91.6% *5,320.0 *90.0% 5,595.4 88.0% Seoul, South Korea 8 8 Yokohama Rubber Co. Ltd.4 4,862.4 81.6% 4,209.0 79.9% 4,152.8 79.8% 4,703.2 79.6% Tokyo, Japan 9 9 Maxxis International / Cheng Shin Rubber 3,955.5 100.0% 3,887.0 100.0% 3,847.0 100.0% 4,441.3 100.0% Yuanlin, Taiwan 10 10 Zhongce Rubber Group Co. Ltd. 3,621.9 96.4% 3,229.2 96.0% 3,395.3 95.4% 4,118.5 96.5% Hangzhou, China 11 11 Giti Tire Pte. Ltd.5 3,403.0 100.0% 2,890.5® 100.0% 3,130.7 100.0% 3,474.0® 100.0% Singapore 12 13 Toyo Tire & Rubber Co. Ltd. 2,920.5 80.8% 2,685.9 79.6% 2,690.4 79.8% 2,959.3 79.3% Hyogo, Japan 13 12 Cooper Tire & Rubber Co. 2,854.7 100.0% 2,924.9 100.0% 2,972.9 100.0% 3,424.8 100.0% Findlay, Ohio 14 14 Kumho Tire Co. Inc.6 2,523.5 99.0% 2,409.0 99.0% 2,663.0 99.0% 3,876.7 *99.0% Seoul, South Korea 15 15 MRF Ltd.^ 2,407.5 99.0% 2,070.0 99.0% 2,145.8 99.0% 2,325.8 98.7% Chennai, India 16 17 Apollo Tyres Ltd.^ 2,182.5 100.0% 1,943.9 100.0% 1,931.4 100.0% 2,084.5 100.0% Kerala, India 17 20 Shandong Linglong Group Co. Ltd. 2,175.3 100.0% 1,324.0 100.0% 1,346.7 100.0% 1,672.8 100.0% Shandong, China 18 21 Shandong Hengfeng Tyre Co. Ltd. 1,997.0 100.0% 1,319.2 100.0% 1,344.2 100.0% 1,623.0 100.0% Guangrao County, China 19 27 Sailun Jinyu Tyre Co. Ltd. 1,977.0 100.0% 930.7 100.0% 1,258.8 100.0% 1,454.2 100.0% Dongying City, China 20 18 Nexen Tire Corp.7 *1,654.0 *95.0% 1,703.6 93.1% 1,778.4 93.8% 1,862.3 92.6% Seoul, South Korea 21 19 Nokian Tyres P.L.C.# 1 *1,645.0 *93.0% *1,380.0 *93.0% 1,389.5 *93.0% 1,752.7 95.0% Nokia, Finland 22 16 Triangle Group Co. Ltd. 1,508.9 97.5% 1,560.9® 100.0% 2,437.7 100.0% 2,869.7 100.0% Shandong, China 23 26 Xingyuan Tyre Co. Ltd. 1,293.9 100.0% 969.4 100.0% 1,285.3 100.0% 1,408.0 100.0% Dongying City, China 24 22 JK Tyre & Industries Ltd.^ 1,291.8 100.0% 1,198.3 100.0% 1,138.7 100.0% 1,342.2 100.0% New Delhi, India 25 25 Titan International Inc. *1,175.1 *80.0% *1,012.5 *80.0% *1,115.8 *80.0% *1,515.0 *80.0% Quincy, Illinois 26 24 Kenda Rubber Industrial Co. Ltd. 1,071.7 100.0% 1,034.9 100.0% 1,106.7 100.0% 1,168.1 100.0% Yuanlin, Taiwan 27 29 Double Coin Holdings Ltd. 1,046.4 100.0% 863.0 100.0% 1,067.3 100.0% *1,530.0 100.0% Shanghai, China 28 23 Qingdao Doublestar Industrial Co. Ltd.6 1,037.1 100.0% 1,062.0 100.0% 740.8 100.0% 828.1 100.0% Qingdao, China 29 30 Aeolus Tyre Co. Ltd. 986.1 100.0% 844.0 100.0% 969.4 100.0% 1,334.3 100.0% Jiaozuo, China 30 32 Trelleborg Wheel Systems S.p.A. *985.0 *26.6% *685.0 *22.2% *410.0 — *486.0 *14.8% Tivoli, Italy 31 28 Ceat Ltd.^ 957.0 100.0% 925.8 100.0% 935.8 100.0% 953.9 100.0% Mumbai, India 32 N.R. Prometeon Tyre Group S.r.l.3 *900.0 100.0% *400.0 100.0% N.A. — N.A. — Milan, Italy 33 34 Prinx Chengshan (Shandong) Tire Co. 855.5 100.0% 635.6 100.0% 656.4 100.0% 844.9 100.0% Shandong, China 34 41 Camso Ltd.2 *830.0 *85.0% *800.0® *85.0% *785.0® 85.0% *770.0® *85.0% Magog, Quebec 35 66 Nizhnekamskshina8 800.0 100.0% 617.2® 100.0% 597.1 100.0% 588.5 100.0% Nizhnekamsk, Russia 36 35 Guizhou Tyre Co. Ltd. 730.3 100.0% 590.8 100.0% 739.5 100.0% 886.9 100.0% Guizhou, China 37 31 Hixih Rubber Industry Group N.A. — *720.0 100.0% N.A. — N.A. — Jining, China 38 43 Shandong Haohua Tyre Group Co. Ltd. 709.2 100.0% 440.0 100.0% N.A. — N.A. — Weifang, China 39 39 Balkrishna Industries Ltd.^ 692.2 100.0% 553.8 100.0% 530.9 100.0% *619.2 100.0% Maharashtra, India Visit us on the web at www.tirebusiness.com TIRE BUSINESS, August 27, 2018 • 19 2018 Global Tire Company Rankings 2017 2016 2015 2014 2017 2016 Tire % of total Tire % of total Tire % of total Tire % of total Rank Rank Company/Headquarters sales corp. sales sales corp. sales sales corp. sales sales corp. sales 40 33 Shandong Shengtai Tyre Co. Ltd. N.A. — 678.9 100.0% 823.8 100.0% 972.7 100.0% Guangrao County, China 41 38 Jiangshu Tongyong Tire Ltd. 660.3 100.0% 554.5 100.0% 651.3 100.0% 710.1 100.0% Wuxi, China 42 37 BRISA/Bridgestone-Sabanci Tire Mfg.1 630.2 100.0% 561.5 100.0% 792.1 100.0% 739.5 100.0% Izmit,Turkey 43 31 Shandong Yongtai Group N.A. — *625.0 100.0% 750.7 100.0% N.A. 100.0% Donying City, China 44 57 Shandong Wanda Tyre Co. Ltd. 617.6 100.0% 307.5 100.0% 243.3 100.0% 628.8 100.0% Dongying City, China 45 44 Carlstar Group L.L.C. 570.0 100.0% *450.0 *50.0% *450.0 100.0% *450.0 *50.0% Jackson, Tennesee 46 71 Yanchang Petroleum Group Rubber Co. Ltd. 547.7 100.0% 185.6 100.0% 137.9 100.0% 161.5 100.0% Shaanxi, China 47 40 Wanli Tire Group 521.9 100.0% 507.7 100.0% 526.7 100.0% 497.9 100.0% Guangzhou City, China 48 50 O.J.S.C. Cordiant *500.0 100.0% *370.0 100.0% N.A. — 462.1 100.0% Moscow, Russia 49 42 Weifang Yuelong Rubber Group 493.4 100.0% 480.0 100.0% 643.3 100.0% 527.9 100.0% Qingdao, China 50 52 Shandong Bayi Tyre Manufacture Co. Ltd. 436.8 100.0% 315.0 100.0% 270.0 100.0% 261.1 100.0% Zhouzhuang, China 51 52 Petlas Tyre Industry & Trade Co. 399.4 100.0% *315.0 100.0% 413.3 100.0% 360.4 100.0% Ankara, Turkey 52 36 JSC Belshina Belarus Tyre Works 398.5 100.0% 377.0 100.0% 350.0 100.0% *800.0 100.0% Bobruisk, Belarus 53 45 Sichuan Haida Tyre Group Co. Ltd. N.A. — 388.9 100.0% 470.3 100.0% 414.5 100.0% Haida/Sichuan, China 54 47 Shandong Zhongyi Rubber Co. Ltd. N.A. — *375.0 100.0% 450.6 100.0% 468.2 100.0% Dawang/Shandong, China 55 56 Nankang Rubber Tire Corp. Ltd. 372.4 100.0% 336.8® 100.0% 342.7 100.0% 393.9® 100.0% Taipei, Taiwan 56 55 TVS Srichakra Ltd.^ 341.0 100.0% 294.1 100.0% 311.5 100.0% 368.6 100.0% Chennai, India 57 49 Qingdao Sentury Tire Co. Ltd. (Sentaida Group) N.A. — 332.2 100.0% 295.0 100.0% 314.3 100.0% Jimo, Shandong, China 58 50 Shandong Yinbao Tire Group N.A.