The World Trade Organization has supported the Obama administration’s decision in September 2009 to enact tariffs on Chinese tires imported to the U.S. The WTO said the president’s claim that such imports disrupted the domestic…
Tires are getting more expensive across the world.
Goodyear Tire & Rubber Co. (GTR) and Cooper Tire & Rubber Co., (CTB) the two largest U.S. tiremakers, plan to raise prices by as much as 6.5% starting October, according to Bloomberg News. In Europe, Bridgestone (BRDCY) is upping its prices by about 6%.
Tires are costing more as global demand for cars races ahead of world…
Continue reading Get Ready to Pay More for Tires
Get Ready to Pay More for Tires originally appeared on DailyFinance on Tue, 21 Sep 2010 09:22:00.
Filed Under: Company News, Technology, Green, Goodyear, Autos, Retail