'Robust Demand' Driving Sharp China NR Import Increase
September 2, 2010
China is poised to increase its importation of natural rubber by as much as 10% this year, according to Bloomberg.
“Robust demand” by China’s tiremakers has apparently reduced existing NR inventories there to ...
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Tire Inflation Lamp Confounds U.S. Drivers
August 25, 2010
Talk about your idiot lights.
A recent study by TPMS-maker Schrader showed that 33% of drivers have no idea what the low ...
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Rain to Blame For High Rubber Prices
August 20, 2010
Rubber prices have reached their highest level in more than three months, in part due to concern that rainfall in key producing countries will reduce supply of the commodity. Heavy rain is expected across Thailand, the world’s number one produ...
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Indian Replacement Market Growing Rapidly
August 19, 2010
A research report released by market research firm TechSci Research predicts that total turnover for India’s replacement tire market will surpass Rs 200,000 million (£2.75 billion) by the 2012 financial year.
The replacemen...
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2010 Tire Shipments Will Increase 8%
August 10, 2010
Total tire shipments in 2010 are projected to increase by 8%, primarily due to a 38% increase in OE passenger tires and a 5% increase in passenger replacement tires, according to the Rubber Manufacturers Association.
“Total 2010...
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Where Do Americans Spend Their Online Time?
August 6, 2010
A new study by Nielson Co. shows that Americans spend most of their online time visiting social media sites. And the number appears to be growing.
In Nielson’s recent online usage report, which monitored the daily Internet habit...
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Fleet Sentiment Index Jumps 39%
August 3, 2010
CK Commercial Vehicle Research's Fleet Sentiment Report Equipment Buying Index for the third quarter of 2010 jumped from the previous quarter to 90...
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July Confidence Falls Thanks to 'Dark Cloud'
July 28, 2010
U.S. consumer confidence continued its tumble in July, according to the recent Conference Board survey.
The new Conference Board report showed July's consumer confidence index fell to 50.4 – the lowest level since February, and we...
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ETRMA: Scrap Tire Recovery Rate Hits 96%
July 22, 2010
ETRMA, the European Tyre & Rubber Manufacturers’ Association, claims that the market for tire-derived products has become one that is &#...
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Report: Indian Tire Industry Set for Huge Growth
July 21, 2010
Market research firm RNCOS is predicting that the Indian passenger car tire market will see an impressive compound annual growth rate of 8.8% from 2010 through 2014.
According to the firm’s “Indian Tyre Industry Analysis&...
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Gloomy Consumers Slowing Retail Recovery
July 21, 2010
Forbes reports that while there are indications that the worst of the recession has passed, “consumers feel worse about their own economic c...
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Consumer Confidence Continues Declines
July 19, 2010
Continuing concerns over the economy and the job market pushed U.S. consumer confidence down again in early July.
The Universi...
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South Africa Takes on Chinese Imports
July 14, 2010
This story by Editor Liana Shaw of Southern Africa Treads magazine illustrates another country’s efforts to wrangle tire imports from China, and the implications for the local industry.
The South Africa industry&#x...
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Moms Moving to Green, Carry More Purchasing Power
July 14, 2010
According to a report from Experian Marketing Services, the mommy market is getting a bit gray and showing the desire for more green.
"The universe of moms of children 18 and under who are 35-plus has grown from 40.9 million to 44....
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NR Production Slows, Lower Than Projected
July 14, 2010
Data and estimates from the Association of Natural Rubber Producing Countries (ANRPC) indicate global supply of natural rubber will grow this year a...
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U.S. Credit Scores Drop to New Lows
July 13, 2010
Millions of Americans are watching their credit scores sink to new lows, with one in four now tagged as poor credit risks.
According...
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Class 8 Rebound On-Track, Medium-Duty Still Sluggish
July 13, 2010
Trucking industry monitor ACT Research Co. said freight and market factors are aligning to significantly boost Class 8 truck production this year.
In its latest North American Commercial Vehicle Outlook, ACT projects full-year producti...
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Low Supply, Higher Raw Materials Bring Tire Shortage
July 9, 2010
A combination of supply shortage and raw material price increases means consumers can expect tire prices to rise in the second half of 2010.
...
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Class 8 Orders Continue Climb
July 8, 2010
While U.S. consumer vehicle sales continue to falter, North American Class 8 truck orders remain on the upswing.
FTR Associates reports that June Class 8 truck total net orders for all major North American OEMs was at 15,667 units, a 2...
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China Tire Dumping Claims Building Pressure on Makers
July 8, 2010
While most of the rainbow nation was preparing to welcome people from far and wide to the first World Cup on African turf, the country’s legal eagles were deliberating over whether or not to kick certain Chinese tires out of the country with a...
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