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Experts say electric vehicles put greater emphasis on lightweight parts
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DETROIT—In case you hadn't noticed, what with the steady background thrum of the U.S. auto industry having just wrapped up its fourth-strongest sales year on record—while at the same...
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DETROIT—The global auto industry has taken a big shine to electric vehicles, and the shockwave is hitting auto makers, materials companies and parts suppliers at nearly every tier level. DETROIT—The global auto industry has taken a big shine to electric vehicles, and the shockwave is hitting auto makers, materials companies and parts suppliers at nearly every tier level. $DETROIT—The global auto industry has taken a big shine to electric vehicles, and the shockwave is hitting auto makers, materials companies and parts suppliers at nearly every tier level.
Wacky World of Rubber: Goodbye to Le Grand K
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Deep in a vault just outside of Paris, a hunk of metal sits vacuum-sealed under three jars. This was arguably the most important piece of metal in the world. Now, it's just another rock....
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Deep in a vault just outside of Paris, a hunk of metal sits vacuum-sealed under three jars. This was arguably the most important piece of metal in the world—the universal definition of a kilogram. Now, it's just another rock. Deep in a vault just outside of Paris, a hunk of metal sits vacuum-sealed under three jars. This was arguably the most important piece of metal in the world—the universal definition of a kilogram. Now, it's just another rock. $Deep in a vault just outside of Paris, a hunk of metal sits vacuum-sealed under three jars. This was arguably the most important piece of metal in the world—the universal definition of a kilogram. Now, it's just another rock.
Lord looks to keep pushing past $1 billion sales milestone
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Trump expected to propose legislation to broaden powers to impose tariffs (updated)
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WASHINGTON—Industry officials are waiting to see the details of a Trump administration draft bill that would substantially change the imposition of tariffs on foreign goods. The...
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BASF plans major R&D projects to cut carbon emissions
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Cooper Standard looking beyond automotive, diversifying with acquisitions
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NOVI, Mich.—Cooper Standard Automotive Inc. changed a lot in 2018. After executing five major deals—four acquisitions and a divestiture of one of its primary product...
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NOVI, Mich.—After executing five major deals—four acquisitions and a divestiture of one of its primary product lines—Cooper Standard has reshaped its core product offerings and set the foundation for its non-automotive business. NOVI, Mich.—After executing five major deals—four acquisitions and a divestiture of one of its primary product lines—Cooper Standard has reshaped its core product offerings and set the foundation for its non-automotive business. $ NOVI, Mich.—After executing five major deals—four acquisitions and a divestiture of one of its primary product lines—Cooper Standard has reshaped its core product offerings and set the foundation for its non-automotive business.
Mobile, Alabama, may become export hub
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Alabama officials are optimistic that the Port of Mobile soon will be another arrow in the state's quiver of economic benefits to attract automotive companies. Alabama has become a manufacturing...
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Alabama officials are optimistic that the Port of Mobile soon will be another arrow in the state's quiver of economic benefits to attract automotive companies. Alabama officials are optimistic that the Port of Mobile soon will be another arrow in the state's quiver of economic benefits to attract automotive companies. $Alabama officials are optimistic that the Port of Mobile soon will be another arrow in the state's quiver of economic benefits to attract automotive companies.
Final winter auto show ends an era but also forges a path to the future
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DETROIT—This year's North American International Auto Show is the end of an era, but it also reflects a transition that's already starting to happen. Among the changes? More movement on the ...
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DETROIT—This year's North American International Auto Show is the end of an era, but it also reflects a transition that's already starting to happen. DETROIT—This year's North American International Auto Show is the end of an era, but it also reflects a transition that's already starting to happen. $DETROIT—This year's North American International Auto Show is the end of an era, but it also reflects a transition that's already starting to happen.
Light trucks take a record 69% of U.S. market
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DETROIT—U.S. sales for each of the five largest auto brands—Ford, Toyota, Chevrolet, Honda and Nissan—declined in 2018. But the No. 6 brand, Jeep, grew enough to keep the...
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DETROIT—U.S. sales for each of the five largest auto brands—Ford, Toyota, Chevrolet, Honda and Nissan—declined in 2018. But the No. 6 brand, Jeep, grew enough to keep the entire industry in the black for the year. DETROIT—U.S. sales for each of the five largest auto brands—Ford, Toyota, Chevrolet, Honda and Nissan—declined in 2018. But the No. 6 brand, Jeep, grew enough to keep the entire industry in the black for the year. $DETROIT—U.S. sales for each of the five largest auto brands—Ford, Toyota, Chevrolet, Honda and Nissan—declined in 2018. But the No. 6 brand, Jeep, grew enough to keep the entire industry in the black for the year.
World rubber demand rising, International Rubber Study Group says
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SINGAPORE—Global demand for rubber should rise about 2.5 percent in 2019 to more than 30 million metric tons, according to the International Rubber Study Group.The IRSG's...
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SINGAPORE—Global demand for rubber should rise about 2.5 percent in 2019 to more than 30 million metric tons, according to the International Rubber Study Group. SINGAPORE—Global demand for rubber should rise about 2.5 percent in 2019 to more than 30 million metric tons, according to the International Rubber Study Group. $SINGAPORE—Global demand for rubber should rise about 2.5 percent in 2019 to more than 30 million metric tons, according to the International Rubber Study Group.
Digital Edition
Digital Edition
Published on September 5, 2005

Tire shipments expected to rise 2%

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Date Published September 5, 2005
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U.S. tire shipments will increase by more than 2 percent this year on steady economic growth in the consumer and commercial sectors, the Rubber Manufacturers Association said recently.

As long as motorists don't change their driving behavior because of rising gasoline costs, steady growth in tire shipments should continue over the next 18 months, the association added.

In 2005, combined original equipment and replacement shipments for auto and truck categories are expected to increase by 7 million units, or 2.2 percent, to 325 million units. The RMA also anticipates growth of greater than 2 percent for 2006 for total tire shipments.

The RMA also made the following forecasts for specific segments:

* OE passenger tires. This segment should shrink by 0.4 percent to 53 million units in 2005, reflecting a decrease in production of light trucks and sport-utility vehicles with P-metric tires. The RMA expects a 1-percent increase in 2006 on a modest rise in light vehicle sales and production.

* OE light truck tires. A decrease of 2.5 percent in 2005 to 7.7 million units is forecast as consumers move to smaller crossover vehicles, followed by a 1-percent increase in 2006 on growth in the commercial sector.

* OE medium/wide-base truck tires. This segment should see growth of greater than 13 percent in 2005 to 6.5 million units, followed by growth of slightly less than 5 percent in 2006.

* Replacement passenger tires. The RMA expects an increase of 2.8 percent to more than 204 million units in 2005, primarily on P-metric, high- and ultra-high-performance markets, increasing 13.6, 5 and 13 percent, respectively. 2006 should bring similar growth in those categories.

* Replacement light truck tires. The segment will increase by 1.4 percent to 37 million units in 2005 and grow another 2.4 percent in 2006.

* Replacement medium/wide-base truck tires. This market should grow to 16.9 million units in 2005, followed by growth of more than 2 percent for 2006.

The RMA did not provide data on how the growth breaks down by U.S. production vs. imports.

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