Tire Shipments Expected to Drop 16% in 2009

TheDetroitBureau - August 9, 2009

The Rub­ber Man­u­fac­tur­ers Assn. says tire ship­ments are pro­ject­ed to drop 16% in 2009. The group cites a large drop in OEM tires for pas­sen­ger cars and com­mer­cial trucks. US offi­cials are con­sid­er­ing impos­ing tar­iffs on import­ed tires from Chi­na, which increased in vol­ume by 215% from 2004 to 2008.