THE Question Answered
People have asked me, “Why are you picking on American Tire Corp.?”
The Battle Over a Bailout for Detroit
[Editor’s Note: Sometimes the best viewpoints on a subject come from the outside.
Cooper Tests Dandelion as Potential Source of Rubber
With raw materials continually rising in cost and supplies becoming stretched further all the time, one more solution to the problem of expensive natural rubber supply may be on the cards.
Tyre Slasher Ordered to Knit Jumpers as Recompense
Local yob youths in malicious tyre shredding frenzy? Nope.
Hankook’s Cho Hyun-bum Investigated for Stock Manipulation
South Korean news sources report that an investigation has begun into allegations of stock manipulation brought against Hankook Tire executive vice president Cho Hyun-bum.
Ex-secretary for Steelworkers accused of embezzlement
Federal prosecutors in Pittsburgh say a western Pennsylvania woman embezzled more than $87,000 from the United Steelworkers of America.
Amtel Halts Production at Kirov Plant
(Russian News Service) Amtel-Vredestein, the tire producer being acquired by Gazprom’s Sibur-Russian Tires, said Aug. 19 that it had halted production at its Kirov factory because of a working capital shortage.
Alldata Posts White Papers
Alldata announced that it has placed all of its white papers on its Web site – www.alldata.com.
Michelin Ups Stake in Hankook
(Reuters) French tyre maker Michelin has raised its stake in Hankook Tire Co. to nearly 10% through stock market purchases, the South Korean company said on Friday.
Verdict Still Out on Canadian Economy
(Financial Post) A man leaves a Canadian Tire store in Oshawa, Ont. Economists don’t expect a recession here this year, but the impact from the U.S. downturn is still uncertain.