The European tyre industry will contribute to achieve the new EU climate goals

curata__7mFkiRkmj7Ufxln.jpeg

Brussels, 17 September 2020 – The tyre industry welcomes the European Commission’s ambitious goal to reduce greenhouse gas emissions by 55% by 2030. This announcement also affirms Europe’s determination to continue striving for more innovative and sustainable mobility solutions to advance common interests.

Read the source article at etrma.org

NIADA chief Steve Jordan resigns

Steve Jordan, who had been CEO since 2013, is leaving to “pursue another career opportunity in the automotive industry,” the association said Friday. Shaun Petersen, senior vice president of legal and government affairs, has been selected as interim executive vice president by the NIADA board of directors. Petersen will handle day-to-day operations, effective immediately. Jordan will remain with NIADA in an “advisory capacity” during a 30-day transition, the association said.

Read the source article at Front Page

Michelin is demonstrating resilience through an unprecedented crisis

curata__NxT1R2I6Ruv7KIu.png

124,000 125,400 1 Free cash flow: net cash from operating activities less net cash used in investing activities, adjusted for net cash flows relating to other financial assets, before distributions. 2 At period-end. Covid-19: impact of the health crisis on the Group’s financial position at June 30, 2020 Review of the information released by the Group during the first six months of the year On February 10, 2020, the Group issued its guidance for 2020 excluding any impacts from a systemic crisis caused by Covid-19. On March 18, 2020 at 6:10 pm CET, the Michelin Group …

Read the source article at Send Press Releases with GlobeNewswire

U.S. tire dumping probe clears initial trade panel vote – Reuters

WASHINGTON (Reuters) – U.S. anti-dumping and anti-subsidy probes that could heap tariffs on imports of car and light truck tires from South Korea, Taiwan, Thailand and Vietnam cleared an initial hurdle on Tuesday as the U.S. International Trade Commission voted to let them proceed. The commission said in a statement that it voted affirmatively in the preliminary phase investigations.

Read the source article at reuters.com

ETRMA, automotive value chain welcome EU skills agenda

curata__QPNxmDxQhKLdUdC.png

Brussels – A grouping of four European automotive value chain associations, including the European Tyre & Rubber Manufacturers’ Association (ETRMA), have voiced their support for a skills agenda which was presented to the European Commission 1 July.

In a letter to Nicolas Schmit, European commissioner for jobs and social rights, the associations said the agenda was in line with a 25-point action list published by the four trade bodies in May for the smooth recovery of the automotive industry from Covid-induced slowdown.

“Skilling and up-skilling of the existing workforce and bridging the skills gap between the needs of the industry and the …

Read the source article at European Rubber Journal

India to set up e-trading platform for NR marketing

curata__xOGcfFbBc9KkcXT.jpeg

KOTTAYAM, India—India’s Rubber Board is setting up an e-trading platform for natural rubber to bring transparency and visibility for buyers and sellers in the market.

Read the source article at Rubber and Plastics News

NAFTA replacement leaves many guessing in auto industry

Imagine being asked to bake a cake but not being told what kind of cake you’ll be baking and knowing you’ll be judged on the results. You might know you need milk, eggs and flour, but whether the cake needs to be chocolate or carrot is pretty important, too, and will change what you pick up during your shopping trip.

Read the source article at Detroit Free Press

Feds are investigating cheap import tire pricing

WASHINGTON — The U.S. Commerce Department said on Tuesday it had opened investigations into vehicle tire imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the are being sold at less than fair value. The department said it was also investigating whether tire producers in Vietnam were receiving unfair subsidies for passenger vehicle and light truck (PVLT) The investigations were in response to petitions filed in May by the United Steelworkers (USW) representing workers at U.S. tire plants. “Even though demand for PVLT increased, domestic producers were still forced to grapple with reduced market share, falling profits …

Read the source article at Autoblog

TIA Issues Statement on ‘Invest in America Act’

On June 3, the House Transportation and Infrastructure Committee released draft text of a five-year, $494 billion surface transportation reauthorization bill entitled the “Investing in a New Vision for the Environment and Surface Transportation in America Act” or the “INVEST in America Act.”

The bill includes $411 billion in contract authority from the Highway Trust Fund for highway, transit, safety and research programs. $319 billion is the portion allocated for the Federal-aid highway program under the Federal Highway Administration.

 

Read the source article at Tire Review

U.S. tire shipments to fall nearly 18% in 2020 — Ustma

curata__h0JztWMlUxoK6mq.png

WASHINGTON — U.S. tire shipments could fall to their lowest levels in decades, a result of COVID-19 pandemic-induced lower demand, according to a shipments update from the U.S. Tire Manufacturers Association.

Read the source article at Tire Business