Continental Tyres SWOT Analysis, Competitors, STP & USP

Continental Tyres

Tyre Industry

Automobiles

Arriving safely and comfortably

All terrain and all weather tyres available

Automobile Industry; heavy equipment industry

2-wheeler-bicycle & motorbikes; 4-wheeler-cars & vans; commercial vehicles-trucks and buses; heavy equipment industry

Renowned company, big product portfolio

Below are the Strengths in the SWOT Analysis of Continental Tyres:

1. Company has large product portfolio.
2. It’s a 140 year old company and is in true sense a global company with markets in Africa, Europe, America, Asia and Australasia
3. Company is acquiring companies in Malaysia and Modi Tires in India thereby showing its intentions of expanding in emerging economies of the world.

4. Sponsors of FIFA World Cup and other major global sporting events

Here are the weaknesses in the Continental Tyres SWOT Analysis:

1. Not much visible in India & a few emerging countries
2. Have to deal with poor economic conditions in Japan, US and European economies.

Following are the Opportunities in Continental Tyres SWOT Analysis:

1.Have an excellent opportunity in emerging economies.
2. Need to position and communicate their stand on being eco-friendly and sustainable.

The threats in the SWOT Analysis of Continental Tyres are as mentioned:

1. There is Stiff Competition from national and international brands.

2. Japanese and US economies are not growing much and have reached a maturity phase.
3. Government Policies w.r.t export duties, import duties, tax levied on automobile industries and economic condition of nation as it determines the sale of automobiles.

4. Introduction of other transport facilities like metro, monorails and local trains keeping pollution hazards caused by combustion of automobile fuels.
5. Volatility of raw material prices and Fluctuation of exchange rates.

Below are the top 8 Continental Tyres competitors:

1.Yokohama
2.Cooper Tires

3. Michelin

4. Bridgestone

5. Pirelli

6. CEAT Limited

7. Bridgestone

8. Hankook