China has announced that it will adjust import tariffs on certain commodities starting January 1, 2023. The only products that will still receive preferential tariffs in 2023 are retreaded tyres for aircraft, which will have a 4% provisional import duty, down from the normal 20% tariff.
This November, Munich, Germany, will once again play host to Automotive IQ's 17th Automotive Tyre Technology Europe conference. The event, which has become a staple in the automotive calendar, promises to be a hub of innovation, discussion, and collaboration.
In a curious defensive move, Russian forces have been spotted using car tyres to cover their attack aircraft. This unconventional strategy is believed to be an attempt at safeguarding their military assets from increasing Ukrainian drone strikes.
In the first quarter of 2023, Shandong Province in China exported a total of 75.419 million new pneumatic rubber tires, representing an 11.1% increase compared to the same period in 2022. The total export value of these tires amounted to 19.45 billion yuan (RMB), reflecting a year-on-year growth of 17.6%. The average export price per tire reached 257.9 yuan (RMB), indicating a 5.8% increase.
The price of tyres in Australia is set to skyrocket, with manufacturers blaming rising oil and energy costs.