Goldman sees slightly easier China monetary policy amid trade tiff with U.S

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SHANGHAI (Reuters) – Goldman Sachs (NYSE:) said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that, while likely to have limited immediate impact on the economy, were at risk of escalating.

 

Read the source article at Global Rubber Markets News

North West Rubber to open Manufacturing Facility in Houston, Texas in 2019

VANCOUVER, June 8, 2018 /CNW/ – North West Rubber Ltd, a leading manufacturer and distributor of recycled rubber solutions in North America, is pleased to announce that it will be opening a recycled rubber mat manufacturing facility in Houston, Texas in 2019.

Read the source article at North West Rubber

Trump tariffs could sink Canada’s auto industry

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TORONTO — Donald Trump’s heightened attacks on Canadian Prime Minister Justin Trudeau are raising concerns that he might follow through on threats to impose auto tariffs, a move that could devastate the car industry in Canada and lead to higher U.S. prices.

Read the source article at Front Page

Medium, large OTR demand fuel BKT growth

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Minoo Mehta, president of BKT USA Inc., the U.S. subsidiary of India’s Balkrishna Industries Ltd. (BKT), discussed his company’s successes as well as the challenges ahead in an interview with Tire Business.

Q: How would you describe business thus far in 2018?

A: For BKT, it has been the best start this year compared to the last three years. Demand for BKT tires is primarily fueled by 

Read the source article at Tire Business

Barra: Trade uncertainty ‘will eventually’ impact GM operations

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DETROIT — General Motors is seeing cost increases in steel and aluminum amid uncertainty regarding tariffs and trade with the United States. However, the company has not delayed any projects or plans. That’s according to GM CEO Mary Barra, who said if uncertainty continues, it “will eventually” have an impact on its operations.

Read the source article at Front Page

TIA to discuss key issues of tire industry in Washington D.C. on June 20

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The Tire Industry Association (TIA) will meet with representatives in Washington DC on Wednesday, June 20th to discuss several issues currently impacting the tire and automotive industry.

The day will begin with TIA and fellow supporters visiting the US Department of Transportation (DOT) headquarters at 10:00am to discuss infrastructure and de-regulation.

Read the source article at Traction News

Nexen Tire USA Launches All-New Website

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Nexen Tire America, Inc. has introduced its all-new website – www.nexentireusa.com.

The site, which Nexen says is a shopping and lifestyle experience, includes a completely redesigned dealer locator and interactive product information to make finding the right tire easy and engaging.

Key features of the new Nexen Tire USA website include:

Read the source article at Tire Review

U.S. sets public hearings on auto import tariff probe

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WASHINGTON — Less than a week after the Trump administration threatened to impose tariffs of up to 25 percent on foreign-built automobiles, the U.S. government on Tuesday said it would hold public hearings on whether the import of vehicles and auto parts represents national security risks. The Commerce Department announced in the Federal Register that it would hold two days of public comments in July on its probe of auto imports.

Read the source article at Front Page

Traction Summit 2018: Driving The Tire Industry Into The Future

Shifting the focus for 2018, Traction Summit will take a closer look at tire sensor technology, how the pursuit of autonomous vehicles are affecting the tire industry, considerations for autonomous vehicles tire data, as well as first-hand perspectives from OEMs, tire manufacturers and more. 

Specifically, this year’s program will feature sessions and topics on:

  • The Industry Now and Tomorrow: An overview of the current tire market, trends and future considerations.
  • Regulations: What regulations does the tire industry need to be aware of? From safety to environmental considerations
  • Sensing a Change: A look at the past present and future of sensors in tires
  • Smart Tires: Reinventing The Wheel
  • Autonomy: How does the quest for autonomous vehicles affect the tire industry?
 

Read the source article at tractionsummit.com

Conti recalls Conti Hybrid tires for visible cords

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WASHINGTON — Continental Tire the Americas L.L.C. is recalling 655 Conti Hybrid H53 tires, size 11R22.5, Load Range G, because tire cords may be visible through the inner liner.

Read the source article at Tire Business