May 08 - 21, 2000
The company was established in
1963. The paid up capital at that time was Rs. 7.125 million. The original sponsor of the
company is General Tire International of Akron, USA. The company is the largest
manufacturer of tyres in Pakistan it is a broad based public limited company engaged in
the manufacture and marketing of a complete range of tyres and tubes for cars, vans,
jeeps, pickups, buses, trucks and farm tyres.
The paid up capital of General Tyre Pakistan is presently Rs 170.775
million. The major shareholders of the company are Bibojee Services Limited, Pak Kuwait
Investment Company, National Investment Trust and Continental General Tire Inc.
General Tire International USA has links with General Tyre via equity
participation and provision of technical cooperation.
In l987 Continental AG of Germany acquired General Tire international
U.S.A. The company in U.S.A is now known as Continental General Tire Incorporated.
Continental A.G (which includes all subsidiaries) is ranked 4th largest
tyre manufacturer in the world.
General Tyre Pakistan has also been included as one of the top 25
companies on the Karachi Stock Exchange on three different occasions.
The General Tyre factory and head office are located in Karachi whereas
Regional offices are located in Lahore and Islamabad. It is the only manufacturer of
radial passenger car tyres in the country. These tyres are supplied to Toyota, Honda,
Suzuki, Nissan, Kia, Hyundai and Daewoo. All the other major vehicle assembly plants,
transport fleets, autonomous organizations, the armed forces and the tyre replacement
market are customers of the company.
For operational purposes in the replacement market there is an
established dealership network of over 140 dealers which caters to customer needs and
covers the whole country geographically.
General Tyre has also ventured into the export market in the last few
years. Racing car tyres were exported to England, passenger car radials to Kuwait and
Dubai and turck bus tyres to Bangladesh / Nepal.
The company competes in the country with tyres from the world over as
well as with other locally made tyres. Smuggled tyres (trucks) mainly come from India.
While some car and truck tyres come from Japan and China respectively.
At General Tyre the emphasis is on quality products, quick / efficient
after sales service and competitive pricing. The company's product line up consists of
passenger car tyres, both bias ( rim sizes 12", 13") and radial ( rim sizes
12", 13" & 14") and are produced in 6 different patterns. Light truck
tyres bias type are produced in rim sizes 12" 14" 15" and 16" in 8
different patterns. Truck bus tyres in bias type are produced in 20" rim size in 9
different patterns. Farm tyres are produced in 16", 20", 28" and 30"
sizes in 5 patterns. General tyre also produces tubes and flaps.
The tyres are sold under a comprehensive warranty. To provide after
sales service the company maintains 3 service centres at Karachi, Multan and Lahore as
well as handling claims directly at dealer premises and at OEM's.