<PAGE>

================================================================================


                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                       Securities and Exchange Act of 1934


                                December 4, 2002
         --------------------------------------------------------------
                Date of Report (date of earliest event reported)


                              SmarTire Systems Inc.
--------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



        British Columbia                  0-24209                   N/A
--------------------------------     -----------------     ---------------------
  (State or Other Jurisdiction          (Commission           (IRS Employer
        Of Incorporation)               File Number)        Identification No.)



         #150 - 13151 Vanier Place, Richmond, British Columbia, V6V 2J1
  ----------------------------------------------------------------------------
                    (Address of principal executive offices)



                                 (604) 276-9884
                  --------------------------------------------
                         (Registrant's telephone number,
                              including area code)


================================================================================

<PAGE>

ITEM 5.  OTHER EVENTS

Reference is made to the press release of the Registrant, issued and
disseminated on December 4, 2002, announcing that the registrant has been
awarded an eight-year contract by a premier European car manufacturer. Revenues
are projected at between $3.7 and $6.2 million (U.S.) over the life of the
contract with initial revenues beginning in mid-2003.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

Exhibits

         99.1     Press release issued by the Registrant on December 4, 2002


                                       2

<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                            SMARTIRE SYSTEMS INC.



                                            By /s/ Jeff Finkelstein
                                               --------------------------------
                                                   Jeff Finkelstein, C.A.
                                                   Chief Financial Officer

Dated:  December 6, 2002


                                       3
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================================================================================

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                       Securities and Exchange Act of 1934

                                December 4, 2002
         --------------------------------------------------------------
                Date of Report (date of earliest event reported)

                              SmarTire Systems Inc.
--------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

        British Columbia                  0-24209                   N/A
--------------------------------     -----------------     ---------------------
  (State or Other Jurisdiction          (Commission           (IRS Employer
        Of Incorporation)               File Number)        Identification No.)

         #150 - 13151 Vanier Place, Richmond, British Columbia, V6V 2J1
  ----------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (604) 276-9884
                  --------------------------------------------
                         (Registrant's telephone number,
                              including area code)

================================================================================
ITEM 5.  OTHER EVENTS

Reference is made to the press release of the Registrant, issued and
disseminated on December 4, 2002, announcing that the registrant has been
awarded an eight-year contract by a premier European car manufacturer. Revenues
are projected at between $3.7 and $6.2 million (U.S.) over the life of the
contract with initial revenues beginning in mid-2003.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

Exhibits

         99.1     Press release issued by the Registrant on December 4, 2002

                                       2
SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                            SMARTIRE SYSTEMS INC.

                                            By /s/ Jeff Finkelstein
                                               --------------------------------
                                                   Jeff Finkelstein, C.A.
                                                   Chief Financial Officer

Dated:  December 6, 2002

                                       3