ITC Continuing Investigations into Truck and Bus Tires from China
The United States International Trade Commission has voted to conduct further investigations into truck and bus tires imported from China. This is the final phase of investigations. In a 4:2 vote the commission determined that there “is a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of
Shenzhou Tire Breaks Ground on Phase II of Shizuishan Plant
Ningxia Shenzhou Tire Co. Ltd. has broken ground on Phase II of its new tire plant in the Chinese city of Shizuishan, Tyres & Accessories reports. The second phase of the $1.65 billion project is expected to produce production capacity for tires for high-end markets in Europe and the U.S. Shenzhou Tire’s goal is to
Record Number of Exhibitors Attend CITExpo
The China International Tire Expo in Shanghai had the most exhibiters in show history in 2015, with more than 350 exhibitors present at the Everbright Centre, according to Tyres & Accessories. CITExpo opened Sept. 9 and the record number of exhibitors has prompted the expo’s organizer, Reliable International Exhibition Services, to move CITExpo to the Shanghai
China: Exposed and Explained
When Jim Smith, editor of Tire Review, asked me to write this piece, he said, “Americans don’t really understand how China works.” So he asked me to try and explain it in 1,800 words, more or less. In some ways, China is similar to the U.S. The consumer tire market is completely different from the
Dealertrack Expanding Presence in Asia
Dealertrack Technologies will be part of an agreement between Incadea and Groupe Michelin that allows Michelin China to deploy tire and fast-fit business software in more than 2,000 TyrePlus Service Centers across China by 2018. “This partnership will allow us to better answer to retailers’ needs to capture the expected growth of the tire and
Cooper, ITG Voma Challenge Duties
Cooper Tire & Rubber Co. and tire importer ITG Voma Corp. are contesting the International Trade Commission’s anti-dumping and countervailing duties against Chinese-made passenger and light truck tires, according to Law360. The two companies filed with the U.S. Court of International Trade contesting various aspects of the final determination. Initial summons filed by Cooper and
Thinking Twice About China: Global Automakers Pull Back As Sales Slow Down
According to a Wall Street Journal report, global automakers such as General Motors (GM) and Volkswagen (VW) are now running their plants at less than full capacity for the first time, and canceling shifts. For the past several years, China has been the carrot that everyone in the automotive industry has been reaching for. A
Double Coin Exploring Plant Options, Joint Ventures
Chinese tire manufacturer Double Coin Holdings is exploring the possibility of opening its first plant outside China. Liu Xunfeng, chairman of Huayi Shanghai (Group) Co. that owns 66% of Double Coin, told trade media during a recent trip to China that the company is conducting feasibility studies for plants outside the country. Liu first mentioned
Chinese Duties Now Effective
Effective Dec.1, importers of passenger and light truck tires from China are required to pay the 15.69% countervailing duties, according to the Commerce Department’s notice in the Federal Register. The new duty is retroactive 90-days from the publication date of the Federal Register. Three companies have been singled out by the Commerce Department to pay
DOC Sets First Duty at 15.69%; Next Duty Due in January
The first shoe finally dropped late yesterday (Nov. 24) when the Commerce Department announced its preliminary countervailing duties on consumer tires produced in China and exported to the U.S. The 15.69% duty level, which will be reviewed again before it is set in concrete in early April 2015, will be retroactive for a 90-day period
Chinese Monitoring USW Case
The Chinese tire industry is paying close attention to the recently filed petition by the United Steelworkers asking trade officials to launch an anti-dumping and countervailing duty against passenger and LT tires from China. “The tire case shows that the U.S. is taking a tough stance on China, a move for the Democratic Party to