Hangzhou Zhongce and the Global Tire Industry in 2011

Published 20 Dec 2012
Reference 5927
Topic Strategy
Region Asia
Length 4 page(s)
Language English

The "Michelin and the Global Tire Industry in 2011" case series focuses on the strategic challenges Michelin faces as it seeks to regain global leadership in the tire industry. Following a description of the global industry dynamics, the segmentation of the tire markets and the economics of the industry, the case reviews the competitive position of the key competitors. Michelin’s challenges in China are getting particular attention. The case on Hangzhou Zhongce briefly reviews the company history, its current strategy and results.

Teaching objectives

The case series allows a discussion of the drivers of industry globalization and the development of competitive advantage and strategy in a global setting. It is focused on a leader, Michelin, which has been very successful but is now bypassed by a new leader, Bridgestone, and faces new challengers such as Hankook. The case series allows an indepth analysis of globalization of markets and global competition, the strategy models of the new competitiors and the strategic challenges Western companies face to maintain their prominence and performance.

  • Global competition
  • Competitiveness
  • Emerging market competitors
  • Mature industries
  • Innovation in mature markets
  • Consolidation
  • Global strategy
  • New business/Strategy models
  • European Competitiveness Initiative
  • Q21213
  • European Competitiveness
  • Europe
  • Strategy