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
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
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
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, 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.
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 announced Aug. 23 that it would be imposing retaliatory tariffs on $75 billion of U.S. goods, including American autos and auto parts.
U.S. President Donald Trump has delayed tariff increases on China, which were set to take effect Mar. 1.
The Auto Care Association released a statement regarding the temporary trade deal between the United States and China.
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.
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 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.