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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Rubber shortage triggering costlier tires?]]></title><link>http://www.autoblog.com/2010/09/22/rubber-shortage-triggering-costlier-tires/</link><guid isPermaLink="true">http://www.autoblog.com/2010/09/22/rubber-shortage-triggering-costlier-tires/</guid><comments>http://www.autoblog.com/2010/09/22/rubber-shortage-triggering-costlier-tires/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/etc/" rel="tag">Etc.</a>, <a href="http://www.autoblog.com/category/plants-manufacturing/" rel="tag">Plants/Manufacturing</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.bloomberg.com/news/2010-09-20/biggest-rubber-shortage-in-four-years-means-20-rise-in-tiremaker-expenses.html"><img vspace="4" hspace="1" border="1" align="right" src="http://www.blogcdn.com/www.autoblog.com/media/2010/09/flat-tire-woman.jpg"  alt="Flat tire woman" /></a>According to the man who runs the world's largest producer of natural rubber, demand for the gummy stuff will exceed supply for "at least another two years." The drop in production is said to be due to both droughts and heavy rains, but the result for you is an increase in the price of tires: both Bridgestone and Goodyear have raised their prices already.<br />
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According to <em>Bloomberg</em>, there was a rubber surplus of 237,000 tons last year, whereas this year there is expected to be a shortage of 60,000 tons. The drop in supplies and inventory has raised the price of rubber, and as investors move to take advantage of the rise in the commodity price, rubber is being pushed to a near-record $4 per kilogram. Climate-hampered tapping seasons in places like Thailand, Indonesia and Russia mean that actual harvests haven't met predictions.<br />
<br />
Bridgestone, Goodyear and Cooper Tire raised their prices once this year and have just announced they'll do it again in October. The uncertainty of the economic recovery over the next two quarters could keep more increases from coming soon after, but according to insiders and observers, there will be price pressures on rubber-based goods for some time.<br />
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[Source: <a href="http://www.bloomberg.com/news/2010-09-20/biggest-rubber-shortage-in-four-years-means-20-rise-in-tiremaker-expenses.html">Bloomberg</a> | Image: Getty]<br />
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<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2010/09/22/rubber-shortage-triggering-costlier-tires/">Rubber shortage triggering costlier tires?</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Wed, 22 Sep 2010 10:59:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.bloomberg.com/news/2010-09-20/biggest-rubber-shortage-in-four-years-means-20-rise-in-tiremaker-expenses.html>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2010/09/22/rubber-shortage-triggering-costlier-tires/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/19643751/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2010/09/22/rubber-shortage-triggering-costlier-tires/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bridgestone</category><category>car tires</category><category>cooper tire</category><category>CooperTire</category><category>goodyear</category><category>rubber</category><category>rubber price</category><category>rubber shortage</category><category>tires</category><dc:creator><![CDATA[Jonathon Ramsey]]></dc:creator><pubDate>Wed, 22 Sep 2010 10:59:00 EST</pubDate>
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</item><item><title><![CDATA[Video: Michelin Tweel in motion]]></title><link>http://www.autoblog.com/2006/05/16/video-michelin-tweel-in-motion/</link><guid isPermaLink="true">http://www.autoblog.com/2006/05/16/video-michelin-tweel-in-motion/</guid><comments>http://www.autoblog.com/2006/05/16/video-michelin-tweel-in-motion/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/aftermarket/" rel="tag">Aftermarket</a>, <a href="http://www.autoblog.com/category/etc/" rel="tag">Etc.</a>, <a href="http://www.autoblog.com/category/tech/" rel="tag">Technology</a></p><p><a href="http://www.freshcreation.nl/comments.php?id=277_0_1_0_C"><img hspace="4" src="http://www.autoblog.com/media/2006/05/Tweel-Audi-A6-resized.jpg" align="right" vspace="4" border="1" alt="" /></a>It's been well over a year since Michelin unveiled its take on the future of the tire, the airless Tweel. The odd-looking invention pairs a replaceable outer rubber layer with a central alloy hub joined by polyurethane ribs. Judging by this video, it would appear that the tire manufacturer is continuing to develop its concept, testing it on a variety of vehicles in a number of different environments. Click on the link to get a glimpse of what might just be in your automotive future.</p>
<p>[Sources: FreshCreation.nl; Michelin]</p>
<p>(Appreciate the tip, Martijn)</p>
<p>&nbsp;</p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2006/05/16/video-michelin-tweel-in-motion/">Video: Michelin Tweel in motion</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 16 May 2006 12:58:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.freshcreation.nl/comments.php?id=277_0_1_0_C>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/05/16/video-michelin-tweel-in-motion/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/618676/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/05/16/video-michelin-tweel-in-motion/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Alloy wheel</category><category>AlloyWheel</category><category>Avon</category><category>Cooper Tire</category><category>CooperTire</category><category>Dunlop</category><category>Falken</category><category>Firestone</category><category>Goodyear</category><category>Kumho</category><category>Michelin</category><category>tires</category><category>Tweel</category><category>tyre</category><category>tyres</category><category>Yokohama</category><dc:creator><![CDATA[Chris Paukert]]></dc:creator><pubDate>Tue, 16 May 2006 12:58:00 EST</pubDate>
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