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INDUSTRY NEWS


DOC affirms tariffs, increases rates for nearly all tire-makers
Modern Tire Dealer
The U.S. Department of Commerce has affirmed its determination that certain passenger and light truck tires imported from China have benefited from market-distorting moves and unfair subsidies. The DOC has calculated subsidy rates for the affected tire manufacturers, and in nearly every instance both the anti-dumping and countervailing duty rates calculated are now higher than those originally proposed in the DOC's preliminary ruling.
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The self-driving car and the coming revolution in auto insurance
The Wall Street Journal
Google’s new foray into the American auto insurance market will likely bring in a good chunk of revenue, but what’s really valuable to the Silicon Valley giant is the mass of data it will be able to collect. In March, the company launched a U.S. version of its Google Compare auto insurance site, which has been up and running in the United Kingdom since 2012. The U.S. site allows consumers to get quotes from a dozen auto insurance companies, including MetLife and Mercury Insurance. The rollout is starting with California, but Google says the site will be open to residents in other states soon.
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Michelin launches global search platform
Tire Business via Rubber & Plastics News
In response to the many consumers who use the Internet to research tires before purchasing them, Michelin North America Inc. is launching a global platform it says is the first in the industry with an open search engine. The Greenville, South Carolina-based tire-maker’s plans are to roll out the new digital platform to markets around the globe — with the U.S. the first of 70 worldwide Michelin sites to go live. The goal of the effort is to simplify and enhance online tire shopping, according to the company.
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Automakers want NHTSA to launch recall ad campaign
The Detroit News
Automakers want the National Highway Traffic Safety Administration to launch a multimillion-dollar advertising campaign to push owners of recalled cars to get them repaired. In a joint letter, the Alliance of Automobile Manufacturers and Association of Global Automakers asked NHTSA Administrator Mark Rosekind to launch an "intensive public awareness campaign about the importance of recall participation by consumers."
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Want to share your expertise?
MultiBriefs
In an effort to enhance the overall content of TTDA Today, we'd like to include peer-written articles in future editions. As a member of TTDA, your knowledge of the industry lends itself to unprecedented expertise. And we're hoping you'll share this experience with your peers through well-written commentary. Make 2015 the year you get published as an expert in your field! Our group of talented editors can help with final edits. If you're interested in participating, please contact Ronnie Richard to discuss logistics.
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Rack and pinion unit repairs
Tire Review
When your professional alignment technician inspects a vehicle’s steering linkage, it’s very easy to spot a leaking rack and pinion steering gear because the rack boots are filled with leaking oil. Similarly, a conventional recirculating ball steering gear is usually worn out when oil is leaking from its steering shaft or sector shaft seals. An alignment technician might also want to replace either type of steering gear to address steering quality complaints. With that said, let’s look at some new and also some very old steering gear technology currently appearing in your independent shop’s service bays.
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Equipment disparity on Ford F-150 prompts new crash test
Automotive News
Recently morning in rural northern Virginia, a silver 2015 Ford F-150 SuperCab 4x2 slammed violently into a concrete abutment at 40 mph. It was a loud and unusual crash. But it was no accident. Rather, it was an unprecedented follow-up crash test of a lower-volume pickup model by the Insurance Institute for Highway Safety.
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Cox Automotive to buy Dealertrack in $4 billion deal
Reuters
Cox Automotive Inc., owner of the Autotrader online automobile market and Kelley Blue Book car valuation service, said it would buy Dealertrack Technologies Inc. in a deal valued at $4 billion. The $63.25 per share offer represented a 59 percent premium to Dealertrack's June 12 close. The stock was trading at a record $62.74.
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Navigant: 1 million plug-in vehicle sales a year in US by 2024
Autoblog
Talk about inflation. By one research firm's prediction, every plug-in vehicle sold in the U.S. last year may beget as many as eight plug-in vehicles sold by 2024. Indeed, Americans could buy 1 million electric vehicles and plug-in hybrids in 2024, Hybrid Cars says, citing research firm Navigant Research.
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