China Tire Industry Still Recovering from COVID Lockdowns
China has been the largest global producer and consumer of tires since 2005. Tire production and consumption has registered very healthy growth in the 21st century, yet in the last few years, especially the last two, the market has proven to be very challenging for domestic and foreign companies operating in the country. More than
USITC to Investigate Effects of Active Section 301 & 232 Tariffs
The United States International Trade Commission (USTIC) is undertaking a fact-finding investigation of the economic impacts on U.S. industries of Section 301 tariffs on imports from China and Section 232 tariffs on imports of steel. The USTIC says the report will provide detailed information on U.S. trade, production, and prices in the industries directly and most affected
Big-Picture Trends in Today’s Mobility Landscape
Electric vehicles. Self-driving vehicles. Low-maintenance vehicles. A drop-off in personal vehicle ownership. These are all things that are happening and are predicted to grow in the next decade. It makes your head spin as you consider future staffing, equipment investment, market and business focus, service delivery and more Like all matters of future technology, one
UPDATE: ACA Comments on US, China Reaching Phase 1 Deal
The Office of the United States Trade Representative announced an agreement on a “Phase One” deal with China that will alleviate some tensions in trade relations between the two countries.
Point S Enters Chinese Market
Point S, the global tire and auto care network, has entered into the Chinese market with a local partner: Suremoov, and the creation of a joint venture, Point S China.
Trump Delays China 30% Tariff Increase Until Oct. 15
President Trump has announced the Oct. 1 tariff increase from 25% to 30% scheduled for Section 301 List 1, List 2 and List 3 imports from China will be delayed until Oct. 15.
China Announces Retaliatory Tariffs on U.S. Autos, Auto Parts
China announced Aug. 23 that it would be imposing retaliatory tariffs on $75 billion of U.S. goods, including American autos and auto parts.
Trump Delays Tariff Increases on China
U.S. President Donald Trump has delayed tariff increases on China, which were set to take effect Mar. 1.
Auto Care Association on U.S. Trade Deal with China
The Auto Care Association released a statement regarding the temporary trade deal between the United States and China.
U.S. Tire Industry Sees Growing Number of Imports from Thailand, Vietnam
The U.S. tire industry saw a big jump in imports from Brazil, Thailand and Vietnam in 2017, according to the U.S. International Trade Commission.
Auto Care Association Pushes for Product Exclusion Process for New China Tariffs
The Auto Care Association is urging U.S. trade officials to adopt a process for its members and stakeholders to request products to be excluded from the latest round of Section 301 tariffs on Chinese imports.
Sailun Takes Over as Cooper Tire’s Partner in TBR Production in China
Sailun Jinyu Group Co., Ltd. has signed a share transfer agreement with Qingdao Yiyuan Investment Co., Ltd. (QYI) to acquire the company’s stake in truck and bus radial tire production in China that it has with Cooper Tire.
