Industry Update: Growth in Adversity for China-Based Tiremakers
Despite a very tough year, the Chinese tire industry continues to make headlines for its sheer size, overseas expansions and tariff and non-tariff barriers.
Triangle Tire Hires New VP of Finance and Operations
Triangle Tire USA has announced that longtime tire industry executive Campbell Metcalfe has joined the company as vice president of finance and operations.
New Tariffs on Hundreds of Chinese Goods
More than 1,200 product categories will be subject to a 25% tariff, another move in simmering trade war between the United States and China.
Trump Proposes Retaliatory Tariffs on China Worth $60B
After China announced plans to impose tariffs on select American goods, President Donald Trump has struck back ordering more tariffs, specifically on Chinese goods.
USW Files ITC Challenge in Chinese Truck Tires Case
The USW has filed a brief, asking the U.S. Court of International Trade to review a case of alleged Chinese tire dumping.
Michelin to Divest of Warrior Tire
Michelin and the affiliates of Huayi Group have reached an agreement allowing Michelin to sell the 40% equity it currently owns in Double Coin (Anhui) Warrior Tire Co. Ltd., aka Anhui Warrior Co.
Maxion Wheels Opens Shanghai Corporate Office
Maxion Wheels is opening an office in Shanghai, China. Kai Kronenberg, currently vice president of global business development and innovation for Maxion Wheels, will also assume the role and duties of chief representative officer for Maxion Wheels in China.
China on the Rise Tire Companies Making Waves Around the Globe
The Chinese tire industry, which has grown exponentially for more than a decade, has been facing a slowdown for the past two years. Tariff and non-tariff barriers imposed by a number of key countries and huge overcapacity in domestic tire manufacturing have adversely affected the industry.
ZC Rubber Builds Eco-friendly Materials R&D Center
ZC Rubber and the Ningbo Institute of Materials Technology & Engineering, Chinese Academy of Sciences, have built a new R&D center for rubber and environmentally-friendly materials.
TRIB: Recent Tariff Decision and Its Impact on Retreading
The following statement was written by the Tire Retread & Repair Information Bureau and originally appeared in the TRIB Newsletter.
DOC Finds Chinese OTR Tiremakers Dumping, Receiving More Subsidies
The U.S. Department of Commerce (DOC) has found increased levels of Chinese government subsidies to Chinese off-the-road tiremakers and that these tiremakers have made sales below less-than-fair value in the U.S. market.
Doublestar Forms Consortium to Buy Kumho
Qingdao Doublestar’s finances are now in doubt after the Chinese tiremaker reportedly took out a large loan and set up a consortium to acquire the 42% controlling stake in Kumho Tire, Korean media reports.
