There was zero progress at the North American free-trade agreement renegotiations in Mexico this week. In fact, the talks took a decidedly backward step, with the United States refusing to move off its red-line positions, something that was predictable given the updated negotiating objectives released by the U.S. Trade Representative ahead of this week’s session.
This is an “America First” administration, after all, with no interest in accommodation, increasing the likelihood of eventual U.S. withdrawal from the agreement, an action that President Donald Trump has repeatedly threatened, in spite of intensifying business and political pressures to the contrary.
Given that gloomy prospect, let’s look at how things could unfold over the next while, bearing in mind that things are fluid and the situation could change.
First, the negotiations could soon end, even ahead of the 2018 deadline, either with
Read the source article at Home – The Globe and Mail
TOKYO — Mitsubishi Materials said its subsidiaries falsified data about products, including parts for cars and aircraft, for at least a year, the latest in a series of quality assurance scandals involving Japanese manufacturers. The company said an investigation in the wake of a data-falsification scandal involving joint venture partner Kobe Steel found that Mitsubishi Cable Industries had inappropriately distorted data for rubber sealing products, used in cars and aircraft.
Read the source article at Automotive News Europe
San Francisco, California – Tire and road wear particles (TRWP) do not pose a threat to human health, according to findings released by the Tire Industry Project (TIP) during its biennial meeting in San Francisco on 17 Nov.
TIP, which is backed by leading tire makers and operates under the umbrella of the World Business Council for Sustainable Development (WBCSD), said extensive ambient air testing had been carried out in major cities of Los Angeles, London, Tokyo and Delhi.
Read the source article at European Rubber Journal
COLOGNE, Germany — The organizers of The Tire Cologne — the biennial tire industry exposition set to debut in 2018 — have added a one-day “Global Retreading Conference” to the event’s agenda.
Read the source article at Tire Business
Summary A survey has found 60 per cent of drivers in BC are using winter tires, which is more than in a few other provinces More British Columbians are using winter tires than drivers in Alberta, Ontario, Saskatchewan or Manitoba, according to the 2017 Canadian Consumer Winter Tire Study . The results show British Columbians are getting the message, with 60 per cent of drivers here using winter tires.
Read the source article at NEWS 1130
Canada has a population of just over 36 million people; by the close of this year, current annual sales of new cars will be about 2 million. Estimates put used car sales at about three million for the same time period.
We buy a lot of cars.
Light trucks, actually. For all the jabber after the last economic crash a decade ago, the one that took the leasing industry with it, we’ve left behind the promise of subcompact vehicles, become bored with sedans and continue to shun the hybrid and electrics that dominate headlines but little else.
“Sixty-eight to sixty-nine per cent of the market this year is light trucks,” says Dennis DesRosiers, of DesRosiers Automotive Consultants. “In fact, for four of the past 12 months, it’s been over 70 per cent, and this will stay positive for another year, at least.”
Read the source article at driving.ca
NASCAR and The Goodyear Tire & Rubber Company today announced a renewed sponsorship agreement that ensures Goodyear is the exclusive tire of NASCAR’s top three national series.
The newly signed agreement continues Goodyear’s designation as the “Official Tire of NASCAR” and extends an uninterrupted relationship that started in 1954. Goodyear and NASCAR’s six decades of partnership is one of the longest-running sponsor programs in any sport. In addition, Goodyear has been the exclusive tire supplier for the sanctioning body’s top three series since 1997.
Read the source article at ESPN: The Worldwide Leader in Sports
Toyo Tire U.S.A. Corp. (Toyo Tires) welcomes Tim Chaney to the company as vice president of marketing. With deep roots in vehicle manufacturing, Chaney brings more than 30 years of marketing and automotive experience to Toyo Tires, including 15 years at Kia Motors America where he most recently served as vice president of marketing communications. There he played a key role in marketing, advertising and communications strategy.
Read the source article at Tire Review
Hankook Tire has announced John Overing will be the company’s new director of sales and marketing in Canada. Overing will oversee the region’s sales team and will be instrumental in identifying opportunities for growth within the Canadian market.
Overing joins the company with more than 18 years of experience in the tire industry, bringing with him a wealth of knowledge and industry expertise.
Read the source article at Tire Review
Falken Tires has announced that it was selected as an original equipment manufacturer (OEM) for the sixth-generation Volkswagen Polo. Available October 2017, the brand will supply its premium tire models AZENIS FK453, SINCERA 832AECORUN, ZIEX ZE914A ECORUN and winter tire EUROWINTER HS449 for factory fitting.
Read the source article at Traction News