The government should look seriously into the grievances of rubber farmers who have been complaining about low prices over the last five years. True, the price of rubber, like most other commodities, such as palm oil, cacao and coal, is mainly influenced by global supply and demand, especially for Indonesia, which, as the world’s second…
(Bowie, MD – 9/13/2017) – As thousands of people look to repair from the devastation left by the recent hurricanes, many businesses are left wondering how they will recover. The Tire Industry Association and members of the Work Opportunity Tax Credit (WOTC) Coalition will lobby Congress to apply WOTC to natural disasters, that will cover powerful hurricanes like Harvey and Irma.
LONDON — India’s antidumping body has established that the country’s tire manufacturers are being “injured” by imports from China and may impose antidumping duties of more than $450 per metric ton of pneumatic radial tires with rim sizes above 16 inches used on buses, lorries and trucks.
In a ruling published Aug. 1, the Indian commerce ministry’s investigation arm — Directorate General of Anti-dumping and Allied Sduties (DGAD) — concluded that domestic companies had suffered material injury due to the dumped imports of these tires from China.
The U.K. became the latest European country to mark the end of the line for diesel- and gasoline-fueled cars, as automakers race to build electric vehicles or face the consequences of getting left behind.
In London, the government said it will ban sales of the vehicles by 2040, two weeks after France announced a similar plan to reduce air pollution and become a carbon-neutral nation.
The Canadian dollar didn’t boost manufacturers as much as hoped on its way down. That probably means it won’t hurt them as much as feared on the way up.
The loonie hit 80 U.S. cents for the first time in more than a year on Monday, up about 10 percent since early May, raising concerns that manufacturing exports could shrink just as they were beginning to gain traction. But the Canadian economy is better equipped to handle a stronger currency than it used to be, said Benjamin Reitzes, director of Canadian rates and macro strategist at BMO Capital Markets.
WASHINGTON — The Consumer Federation of America on Monday, countering automakers’ efforts for relaxed 2025 model year fuel economy standards, it says show that the value of fuel savings from higher mpg outweighs the added cost of vehicles with fuel-saving technology. The public interest group also said 79 percent of Americans strongly support 2012 rules negotiated by the Obama administration and automakers aimed at doubling fleetwide fuel efficiency by the 2025 model year to 54.5 mpg.
The U.S. Department of Transportation said yesterday the NHTSA is preparing to revise corporate average fuel economy requirements for model years 2022 through 2025. The proposed version of those regulations, which was issued by the Obama Administration in 2012, included steady increases for each of those model years. Among the alternatives that…
More than two years ahead of their target date, Michelin and the Fédération Internationale de l’Automobile (FIA) have secured commitments from all 50 U.S. states to include consistent tire-maintenance and safety information in their driver education programs. Michelin North America chairman and president Pete Selleck told C/D that it had once seemed like a daunting feat for the tire maker and the FIA, which partnered on a Beyond the Driving Test initiative with the goal of having all 50 states on board by 2020.
“We thought that was aggressive, and then we went to work and discovered some interesting allies in the fight,” Selleck said. Not only was support found in the traffic-safety community, but the states themselves also proved to be key partners, he said.
Heavy-duty trucks that don’t need a driver behind the wheel could be on the road in as little as three years. That’s the assessment of industry experts speaking at the Automated Vehicles Symposium in San Francisco on Wednesday, where they laid out a tentative road map for how self-driving trucks will begin to integrate with the existing fleet.
Unifor and the UAW have joined forces to urge the governments of Canada, Mexico and the United States to make significant changes to the North American Free Trade Agreement.
The two unions, which together represent more than 245,000 auto workers in North American assembly plants, issued a joint statement Tuesday outlining four priorities they want addressed during the renegotiation of the 23-year-old trade deal. They are:
- The strengthening of labour standards and raising wages.
- Balanced trade.
- Real “made in North America” rules.
- A fair share of benefits for workers in each country.
“NAFTA has failed workers in all three countries,” the statement said. “While overall trade volumes and corporate profits are up, wages in all three countries have remained largely stagnant. Too often workers are not compensated fairly for their work.”