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One factor driving the deluge of Chinese exports of replacement truck tires to the U.S. is China's immense tire production overcapacity. In 2015, China manufactured 120 million tires, with an overcapacity rate of almost 25 percent. The influx of Chinese truck tires is also having a detrimental effect on the tire retreading industry, because many of these “bargain” tires have only one life because they cannot be retreaded.
Read More →Three large automotive markets supported global automotive growth during the first half of 2015, led by Western Europe, according to research by the German Automobile Industry Association (VDA).
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China and Brazil recently signed an agreement for the Chery Brazil Industrial Plant Project.
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The environmental challenge caused by booming global demand for cooling could be far greater than previously thought, according to a new report, by Dearman, a clean cold and power technology company.
Read More →The Ecuadorian Army received 709 logistics support vehicles during a recent ceremony at Ft. Huancavilca in Guayaquil.
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Ford previewed the new Ford Tourneo for China’s premium MPV market at Auto Shanghai 2015.
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Recently JAC’s first small MPV M3 made its initial release into the Chinese market.
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Paragon Software Systems, Inc., a provider of vehicle routing and scheduling optimization solutions, announces that the company, as part of its continued commitment to expanding overseas, has added two new appointments to support its growing operations in China.
Read More →The number of active fleet management systems deployed in commercial vehicle fleets in China reached 2.1 million in the fourth quarter of 2014. This number is expected to reach 5.9 million by 2019.
Read More →Rapidly growing demand for electric vehicles (EVs) in China is triggering an explosion of investment in the lithium-ion battery industry, with China's production of power lithium-ion batteries set to jump 400 percent by 2017.
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