Cooper adds new winter tire in its Mastercraft tire range

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Cooper Tire’s newest addition to its Mastercraft line – the Mastercraft Glacier Trex is a winter tire designed for passenger cars and crossover vehicles.

The Mastercraft Glacier Trex is severe weather rated and offers superior braking and handling on snow and ice. The Glacier Trex is defined by its aggressive directional tread pattern that improves acceleration and braking on snow, while evacuating water to resist hydroplaning.

Read the source article at Traction News

Cooper Tire’s Manager of Tire Testing Receives Patriot Award

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A Cooper Tire manager of tire testing recently received the Employer Support of the Guard and Reserve’s Patriot Award.

Dan Oates was nominated for the award by Ohio Army National Guard Sergeant Nolan Johnson, for his support of flexible schedules and his role with the Army National Guard as he managed training rotations and provided hurricane relief efforts in Puerto Rico, the Lima News reported.

Read the source article at Tire Review

LyondellBasel Industries: Great Long-Term Investment

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It’s been quite hard to find companies that produce high returns with little capital investments to maintain their underlying economic earnings. LyondellBasell Industries (NYSE:LYB) is one of those great franchise companies that Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) would probably purchase.

 

Read the source article at Value Investing

Natural Rubber production, consumption up in first two months of 2018

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KUALA LUMPUR—Natural rubber production and consumption registered year-on-year growth in the first two months of 2018, according to the Association of Natural Rubber Producing Countries. Production rose 4.3 percent to 2.2 million metric tons, while demand grew 7.5 percent year-on-year to 2.0 million tons for the period, the ANRPC said March 22. During the first […]

The post Natural Rubber production, consumption up in first two months of 2018 appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

NHTSA grants Falken truck tire recall exemption

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WASHINGTON—The National Highway Traffic Safety Administration has granted Sumitomo Rubber Industries Ltd.’s petition for a decision of inconsequential noncompliance in the case of 5,408 Falken truck tires

Read the source article at Tire Business

Michelin Ballymena site to be turned into business park following factory closure

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Michelin has announced plans to convert part of the site of its closing Northern Ireland manufacturing plant to a business park following its sale to Silverwood Property Developments. The tyre manufacturer will complete the closure of its Ballymena plant in June , after the last tyre rolls off its production line in April, ending 50 years of manufacturing.

Read the source article at Tyrepress

US reduces Chinese-produced car tyre tariffs

While US President Donald Trump may be talking up the benefits of a trade way, after reviewing certain tariffs on passenger and light truck (PLT) tyres imported from China, the US Department of Commerce (DOC) has adjusted some of its antidumping and countervailing rates.

Read the source article at Tyrepress

Regulators Are Asleep at the Wheel on Self-Driving Cars

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The companies and officials influencing the development of self-driving technology offered a wide variety of reactions to the death last week of a pedestrian struck by an Uber autonomous vehicle. Uber Technologies Inc. suspended the testing of its self-driving cars in Tempe, Arizona, where the incident took place, and in other cities. So did Toyota Motor Corp., citing the emotional toll on the safety drivers who sit in the front seat and monitor for hazards.

Read the source article at Bloomberg.com

Trump’s trade chief: U.S. and Canada ‘starting to converge’ on key NAFTA dispute

WASHINGTON—Canada and the United States are “finally starting to converge” on the dispute over automotive manufacturing that has been a key obstacle to the success of North American Free Trade Agreement negotiations, President Donald Trump’s trade chief said Wednesday.

U.S. Trade Representative Robert Lighthizer’s comments to the House Ways and Means Committee corroborated the optimistic words from Canadian Ambassador David MacNaughton the day prior.

Read the source article at Metro News

Bibendum Builds Momentum As Michelin Becomes World’s Most Valuable Tire Brand

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Michelin has become the world’s most valuable tire brand following 30 percent brand value growth to $7.9 billion over the past year according to the latest Brand Finance report. It overtook Bridgestone (down 6 percent to $7 billion), which slipped from first to second place in the annual Brand Finance Tyres 10 ranking.

Read the source article at Aftermarket News