Top Canadian Tire Competitors & Similar Companies
Canadian Tire Corporation Ltd is a retail franchise founded in Toronto by JW Billes and AJ Billes. The brothers started their business by acquiring Hamilton Tire and Garage in 1922. They incorporated this business as Canadian Tire Corporation Ltd in 1927.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Quick Glance:
Below we look at the top 12 competitors of Canadian Tire.
1. Michelin:
Michelin is a French tyre manufacturing company. This is one of the largest tyre manufacture of the world. The company ranges in the top three tyre manufacture globally after Bridgestone & Goodyear.
2. Bridgestone:
Bridgestone was founded in the year 1931 by Shojiro Ishibashi and is headquartered in Kyobashi, Tokyo, Japan. The name comes from a translation of the word ishibashi that means “Stone Bridge” in Japanese. Bridgestone is a multinational truck and auto parts manufacturer and is considered one of the largest manufacturer of tires in the world.
3. Goodyear:
Goodyear is one of the world’s largest producer of tyres. Goodyear tyres was founded by Frank A Siberling in 1898.Company is named after Charles Goodyear, who discovered the rubber vulcanisation process. It employs more than 60,000 people and operates in 20+ countries with approximately 50+ plan facilities.
4. Apollo Tyres:
Apollo tyres is an Indian company with corporate headquarters in Gurgaon, which manufactures and sells tyres. The company has global reach and caters to over 100 countries. Apollo tyres has two global brands named Apollo and Vredestein and also regional brands named Kaizen and Regal tyres which it sells through large distribution network containing branded and multi products outlet.
5. Continental:
Continental, or Continental AG, is a world-renowned automobile component manufacturer. The company specializes in tyres, braking systems and interior electronic components. Originally, the continental group started as an exclusive rubber manufacturer in 1871.
Read more about Canadian Tire
6. Cooper Tires:
Cooper Tires was officially established in the year 1920 by John F. Schaefer and his brother in law Claude E when they purchased M&M manufacturing company in Akron. M&M manufacturing company was producing, tire repair kits, tire patches, tire cement etc.
7. Dunlop:
Dunlop Tyres was established in 1889 in Birmingham, England by Jon Boyd Dunlop. It is one of world’s most advanced and well renowned tyre manufacturing company. With a heritage of over 125 years, it has come a long way in the innovation of tyre manufacturing and has led way to a number of breakthrough technologies in tyre industry.
8. Yokohama:
Yokohama rubber company is one of the world’s largest tyre manufacturer. The company is headquartered in Tokyo, Japan. The company was formed in 1913 as a result of joint venture between Yokohama Electric Cable Manufacturing Company and BF Goodrich Company.
9. MRF:
Madras Rubber Factory Ltd is very well known as MRF Tyres is an Indian company. It has its headquarters at Chennai, India and is known to manufacture high quality tyres for cars, motorcycles, trucks, buses etc. MRF tyres was found by K M Mammen Mappillai several decades ago in India.
10. CEAT:
Ceat, a leading manufacturer of tyres in India, was established in 1958 and was sold to Pirelli in 1970. Taken over by the RPG group in 1982. Its tag line is Take It On.
11. JK Tyres:
JK Tyres is an automobile tyres and tubes manufacturing company. It is headquartered in New Delhi. It was founded in the year 1974 in West Bengal as an tyre manufacturing unit.
12. Pirelli:
Pirelli is one the world's leading tyre manufacturers based out of Italy. The company was founded in 1872 and has since gone on to become one of the leading names in the tyre industry. Pirelli has a strong global presence with more than 30,000 people employed worldwide.
To conclude, the above article highlights the various competitors which compete with Canadian Tire. This understanding helps to evaluate the various external business factors for any company.
Browse analysis of more brands and companies similar to Canadian Tire. This section covers many brands and companies.
Continue Reading:
The names and other brand information used in the Competitors section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
