Current Issue
×

Top Stories

Title Issue Date Category Formats Records Price
Fenner releases new industrial belt
View Description View Full Details
PITTSBURGH—Fenner Dunlop P.L.C.'s Engineered Conveyor Solutions division is pushing forward with a new product designed to widen its reach into the industrial use market. Patriot X is a...
View Full Details »
PITTSBURGH—Fenner Dunlop's Engineered Conveyor Solutions division is pushing forward with a new product designed to widen its reach into the industrial use market. PITTSBURGH—Fenner Dunlop's Engineered Conveyor Solutions division is pushing forward with a new product designed to widen its reach into the industrial use market. $PITTSBURGH—Fenner Dunlop's Engineered Conveyor Solutions division is pushing forward with a new product designed to widen its reach into the industrial use market.
Beaver, Mehler to partner in Europe
View Description View Full Details
FAIRLAWN, Ohio—Beaver Manufacturing Co. Inc. and Mehler Engineered Products Group enjoyed a long courtship before finally entering into a cooperation agreement that will begin next year....
View Full Details »
FAIRLAWN, Ohio—Beaver Manufacturing and Mehler Engineered Products Group enjoyed a long courtship before finally entering into a cooperation agreement that will begin next year. FAIRLAWN, Ohio—Beaver Manufacturing and Mehler Engineered Products Group enjoyed a long courtship before finally entering into a cooperation agreement that will begin next year. $FAIRLAWN, Ohio—Beaver Manufacturing and Mehler Engineered Products Group enjoyed a long courtship before finally entering into a cooperation agreement that will begin next year.
GM aims to sell 1 million electric vehicles annually by 2026
View Description View Full Details
DETROIT—General Motors Co. expects its electrified vehicle business to be profitable with the launch of its next-generation electric vehicle platform in 2021, CEO Mary Barra said. Auto...
View Full Details »
DETROIT—General Motors expects its electrified vehicle business to be profitable with the launch of its next-generation electric vehicle platform in 2021. DETROIT—General Motors expects its electrified vehicle business to be profitable with the launch of its next-generation electric vehicle platform in 2021. $DETROIT—General Motors expects its electrified vehicle business to be profitable with the launch of its next-generation electric vehicle platform in 2021.
Wacky World of Rubber: 'Liquid rubber in a can'
View Description View Full Details
Chances are you've seen the commercials. They bring you all the amazing attributes of the "Flex Seal Family of Products." You know the ones I'm talking about. They star Phil Swift performing any...
View Full Details »
Chances are you've seen the commercials. They bring you all the amazing attributes of the "Flex Seal Family of Products." They star Phil Swift performing any number of miracle repair jobs using a variety of products in the family. Chances are you've seen the commercials. They bring you all the amazing attributes of the "Flex Seal Family of Products." They star Phil Swift performing any number of miracle repair jobs using a variety of products in the family. $Chances are you've seen the commercials. They bring you all the amazing attributes of the "Flex Seal Family of Products." They star Phil Swift performing any number of miracle repair jobs using a variety of products in the family.
TRAC finds Canadians' winter tire use is gradually increasing
View Description View Full Details
CAMBRIDGE, Ontario—It may come as no surprise, but winter tire shipments across Canada have grown at an annualized rate of 4 percent over the past five years, making winter tires the...
View Full Details »
CAMBRIDGE, Ontario—Winter tire shipments across Canada have grown at an annualized rate of 4 percent over the past five years, making winter tires the fastest-growing tire category in the country, according to the Tire and Rubber Association of Canada. CAMBRIDGE, Ontario—Winter tire shipments across Canada have grown at an annualized rate of 4 percent over the past five years, making winter tires the fastest-growing tire category in the country, according to the Tire and Rubber Association of Canada. $CAMBRIDGE, Ontario—Winter tire shipments across Canada have grown at an annualized rate of 4 percent over the past five years, making winter tires the fastest-growing tire category in the country, according to the Tire and Rubber Association of Canada.
Flexaust adds to Indiana facilities
View Description View Full Details
WARSAW, Ind.—Flexaust Co. Inc. is adding a 25,000-sq.-ft. expansion that will connect two buildings at its complex in Warsaw, freeing up space for new manufacturing and providing a single...
View Full Details »
WARSAW, Ind.—Flexaust is adding a 25,000-sq.-ft. expansion that will connect two buildings at its complex in Warsaw, freeing up space for new manufacturing and providing a single spot for finished goods inventory. WARSAW, Ind.—Flexaust is adding a 25,000-sq.-ft. expansion that will connect two buildings at its complex in Warsaw, freeing up space for new manufacturing and providing a single spot for finished goods inventory. $WARSAW, Ind.—Flexaust is adding a 25,000-sq.-ft. expansion that will connect two buildings at its complex in Warsaw, freeing up space for new manufacturing and providing a single spot for finished goods inventory.
The auto interior's endangered species list
View Description View Full Details
For decades, drivers could count on a few interior features to be consistent from one vehicle to the next. An easy-to-find lever to shift the transmission. An easy-to-grab knob to adjust radio...
View Full Details »
Auto makers are increasingly hitting resistance from consumers as they try to streamline and modernize their vehicles' interiors. Auto makers are increasingly hitting resistance from consumers as they try to streamline and modernize their vehicles' interiors. $Auto makers are increasingly hitting resistance from consumers as they try to streamline and modernize their vehicles' interiors.
Private sector plays for overtime on NAFTA
View Description View Full Details
DETROIT—Supporters of the North American Free Trade Agreement see time as their best friend.Trump administration officials originally intended to rewrite the 23-year-old agreement with...
View Full Details »
DETROIT—Supporters of the North American Free Trade Agreement see time as their best friend. DETROIT—Supporters of the North American Free Trade Agreement see time as their best friend. $DETROIT—Supporters of the North American Free Trade Agreement see time as their best friend.
Cooper Standard opens innovation center in Michigan
View Description View Full Details
LIVONIA, Mich.—A wild, fun future is on the horizon for the automotive industry, and Cooper Standard Automotive Inc. is prepared to meet it head on. The firm recently opened a new 137,750-...
View Full Details »
LIVONIA, Mich.—Cooper Standard Automotive recently opened a new 137,750-sq.-ft. global technology center in Livonia, offering capabilities in material science, tooling, development, production and validation. LIVONIA, Mich.—Cooper Standard Automotive recently opened a new 137,750-sq.-ft. global technology center in Livonia, offering capabilities in material science, tooling, development, production and validation. $LIVONIA, Mich.—Cooper Standard Automotive recently opened a new 137,750-sq.-ft. global technology center in Livonia, offering capabilities in material science, tooling, development, production and validation.
USW asks for Labor Department's help in Kumho case
View Description View Full Details
WASHINGTON—The United Steelworkers union has formally asked the U.S. Department of Labor to convene the Labor Council under the U.S.-South Korea Free Trade Agreement (KORUS FTA) to consider...
View Full Details »
WASHINGTON—The United Steelworkers union has formally asked the U.S. Department of Labor to convene the Labor Council under the U.S.-South Korea Free Trade Agreement to consider the dispute between Kumho Tire USA and the USW at Kumho's new plant in Macon, Ga. WASHINGTON—The United Steelworkers union has formally asked the U.S. Department of Labor to convene the Labor Council under the U.S.-South Korea Free Trade Agreement to consider the dispute between Kumho Tire USA and the USW at Kumho's new plant in Macon, Ga. $WASHINGTON—The United Steelworkers union has formally asked the U.S. Department of Labor to convene the Labor Council under the U.S.-South Korea Free Trade Agreement to consider the dispute between Kumho Tire USA and the USW at Kumho's new plant in Macon, Ga.
Digital Edition
Digital Edition
Published on September 4, 2006

Slump hits imports, but not as much

Have a question? Need some help?
Click here to view the FAQ

Tags

Date Published September 4, 2006
Category

The slump in tire demand in the U.S. so far this year has affected even imports, although the significant cut in production capacity might change that.

Shipments of passenger, light truck and medium truck tires from January through May fell 4.3 percent to 138.1 million units, according to the latest figures from the Rubber Manufacturers Association. Imports during the same period increased 1.5 percent to 58 million units, but that is a far cry from the double-digit growth recorded in each of the past several years.

The slowing pace of imports affected most of the U.S.'s major trading partners. The exception is China, which continued its steady growth as a tire exporter to the U.S., especially in the truck tire categories, according to the U.S. Department of Commerce data.

For the five-month period, imports of light truck tires from China jumped 46.4 percent to 2.3 million units and medium truck/bus tires 43.9 percent to 2.1 million.

Passenger tire shipments from China rose 2.8 percent to 7.4 million units. Coupled with a decline in imports from Japan, China has become the U.S.'s No. 2 source of imported car tires after Canada.

While imports overall plateaued during the period, foreign-made light truck tire shipments grew 13.3 percent and medium truck/bus 20.8 percent, while passenger tire imports fell 0.3 percent.

In addition, the Commerce Department data show two emerging trading partners-Indonesia and Thailand. Imports of auto tires from Indonesia shot up 118.6 percent to 1.7 million units, and shipments of medium truck tires from Thailand grew 84.6 percent to 502,195 units.

Imports from Canada and South Korea, on the other hand, fell in all three categories.

Production by U.S. tire makers declined 3.2 percent during the five-month period, with passenger tire output off 3.6 percent and light truck tire 1.8 percent. Medium truck/bus tire output rose 0.4 percent.

Exports-which represent about 15 percent of U.S. shipments-grew 11.3 percent during the period.

The closing of Continental Tire North America Inc.'s Charlotte, N.C., plant in July will take about 3 million units of production out of the second half. Bridgestone/Firestone shutting its Oklahoma City plant probably won't show up in the RMA data until next year.

Michelin North America Inc.'s plan to trim output at its BFGoodrich Tire plant in Opelika, Ala., will have a more immediate effect.

Why are imports up when shipments in general are down? For Dennis Virag, president of Automotive Consulting Group Inc. in Ann Arbor, Mich., it's a simple

ERROR: Object template cce_CCI_SITE is missing!