Giti Tire

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Giti Tire

logo
legal form Pte. Ltd.
Seat Singapore
management Executive Chairman, Enki Tan
Managing Director, Lei Huaichin
Number of employees more than 32,000 worldwide
sales USD $ 3,434 billion (2014)
Branch Tire industry
Website www.giti.com

Giti Tire is a Singapore- based tire manufacturer with eight plants and more than 32,000 employees in a market in over 130 countries.

In terms of profit, Giti was 10th on the list of tire manufacturers in 2014.

history

Giti's roots go back to 1951. In the beginning, bicycle tires and inner tubes were produced in Indonesia, and later bias tires for cars and commercial vehicles. The company expanded to China in 1993 and formed a joint venture with Anhui Tire Factory, an independent third-party company for the manufacture of bias tires. In 1998 Giti founded its own sales and distribution centers and two years later built a factory for the production of car tires. Since then, the company has continued to expand internationally, opening offices and distribution centers around the world.

In 2005, Giti acquired 22.5% of the shares in Gajah Tunggal, an Indonesia-based tire manufacturer listed on the Jakarta Stock Exchange. This owns the largest independent tire factories in Southeast Asia. On April 1, 2011, Giti increased its stake in Gajah Tunggal to approximately 49.7%.

In June 2014, the company announced that it would build a USD 560 million manufacturing facility in South Carolina , USA. It is Giti's first factory outside of Asia.

In February 2016, Walmart USA named Giti as the automotive outfitter of the year.

Facts

  • 2014 Income: USD 3.434 billion (including PT Gajah Tunggal Tbk)
  • Market presence: over 130 countries
  • Offices: United States, Canada, United Kingdom, Germany, France, Brazil , Indonesia , China, Malaysia , and Singapore
  • Research and Development: Locations in the United States, Germany, United Kingdom, Indonesia, and China. Test sites at five different locations (Ding Yuan Proving Ground in China, Mira Proving Ground in Great Britain, Mella Track Proving Ground in Finland, ARTC in Taiwan and Karawang in Indonesia).
  • Factory facilities: Eight facilities in China and Indonesia as well as a new facility under construction in South Carolina, USA. All factories have ISO / TS16949: 2002 accreditation and together have an average daily production capacity of 289,000 tires.

Connections to motorsport

Giti sponsors drivers and events with its brands Giti and GT Radial. Among other things, they are the main sponsor of Volkswagen Motorsports events in China such as the Formula Masters China and the Scirocco R-Cup China.

In the United States, Giti sponsors the Japanese Nobuhiro Tajima in the Pikes Peak International Hill Climb Championship; he won the Electric Auto division in 2013.

With the brands GT Radial, the company also sponsors several drivers in the US Formula Drift .

Girls Only

In the 2019 motorsport season, the WS Racing team started with its partner Giti Tire, a new Golf GTI TCR and an all-women team under the project name "Girls only" . The aim of the team, which is led by team manager Nicole Willems and complemented by drivers Jasmin Preisig, Carrie Schreiner and Ronja Assmann, was to gain extensive training and racing experience in advance of the planned participation in the 24-hour race at the Nürburgring 2019 to collect. In the calendar for 2019, starts are planned for a total of 5 races of the VLN endurance championship and participation in the ADAC 24h race (June 20-23, 2019).

Portfolio

Giti manufactures a large number of brands for different vehicle types for the global market, including Giti, GT Radial, Primewell, Runway or Dextero.

Web links

Individual evidence

  1. Financial Performance . Archived from the original on July 14, 2014. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved July 2, 2014. @1@ 2Template: Webachiv / IABot / www.giti.com
  2. ^ Manufacturing Facilities . Archived from the original on April 2, 2015. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved March 31, 2015. @1@ 2Template: Webachiv / IABot / www.giti.com
  3. ^ Tire Press . Retrieved July 2, 2014. 
  4. ^ Giti Tire - Milestones . Archived from the original on May 7, 2016. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.giti.com
  5. Milestones . Archived from the original on May 7, 2016. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 14, 2013. @1@ 2Template: Webachiv / IABot / www.giti.com
  6. Milestones . Archived from the original on May 7, 2016. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 14, 2013. @1@ 2Template: Webachiv / IABot / www.giti.com
  7. Giti Tire To Bring 1,700 Jobs To Chester County . Archived from the original on October 16, 2014 Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. . Retrieved July 2, 2014. @1@ 2Template: Webachiv / IABot / www.wccbcharlotte.com 
  8. Walmart Chooses Giti Over All Other Brands - Suppliers - Modern Tire Dealer .
  9. China Automotive Testing World: Proving Ground in Dingyuan . China Automotive Testing World. Archived from the original on December 3, 2013. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.qicheceshi.com
  10. ^ Mira Proving Ground: Mira Proving Ground in the UK . Mira Proving Ground.
  11. Test World: Mella Track Proving Ground in Finland . Test World.
  12. ^ Manufacturing Facilities . Archived from the original on June 27, 2014. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved July 2, 2014. @1@ 2Template: Webachiv / IABot / www.giti.com
  13. Motorsports . Archived from the original on July 14, 2014. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved July 2, 2014. @1@ 2Template: Webachiv / IABot / www.giti.com
  14. ^ Nobuhiro "Monster" Tajima gets 10th Pikes Peak International Hill Climb Win and Sets Electric Record . The Fast Lane Car. Retrieved August 14, 2013.
  15. #Girlsonly at giti-tire.eu
  16. Giti Tire Motorsport by WS Racing: Girls Only Team 2019 completely at autosport.at
  17. 24-hour race for Girls Only, women's team wants to dominate Green Hell at ntv.de.
  18. 24-hour race at the Nürburgring: Girls only, at auto-presse.de
  19. Women's team causes a stir at the 24-hour race at wat-onliune.de
  20. ^ Tires and Services . Archived from the original on September 16, 2013. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 14, 2013. @1@ 2Template: Webachiv / IABot / www.giti.com