The latest tire ranking top25

On June 5, Brand Finance, a brand valuation consulting company, released a new tire brand ranking TOP25.

Among them, Michelin has been the world's most valuable tire brand for seven consecutive years.Of all the brands, Giti Tires, ranked ninth, is the most valuable brand in the list. It benefited from a strong performance in China, where its brand value rose 19 per cent. Research shows that Giti tires have gained extremely high market recognition in China.

In addition, the report notes that nearly half of the world's fastest growing tire brands are from China. Brand Finance said that 2023 is a prosperous year for China's tire industry. Against the backdrop of challenges facing global tire giants, Chinese brands have achieved amazing growth in the face of adversity. The rise of these Chinese brands heralds a new era of competition and opportunity for the global tire market.