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Tire-makers commit more than $8.6 billion to expansions, upgrades
Tire Business
The world's major tire-makers committed at least $8.6 billion in the past year toward new and expanded capacities and research capabilities, representing nearly 46 million units in new annual capacity for consumer tires and 4 million to 5 million for commercial tires to be brought on stream in the 2015-2018 timeframe. This amount of cap-ex spending exceeds by about $600 million the total budgeted in 2012-13 and ranks as the fourth largest 12-month total Tire Business has tracked over the past 21 years.
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Commercial vehicle registrations up
Tire Review
According to a new report from IHS Automotive, combined new and used commercial vehicle registrations in the second quarter of the 2014 calendar year were 363,806 units, an increase of 10.4 percent over the same quarter in the 2013 calendar year. During the quarter, new registrations were up 13 percent year-over-year, the report said, and used transactions were up 8.3 percent from the second quarter of the 2013 calendar year.
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Tire prices fell in August, ending streak
Modern Tire Dealer
Tire pricing in the aftermarket took a step backward in August. So says industry analyst Nick Mitchell. "Our survey of more than 20,000 consumer replacement tire SKUs suggests that the broader pricing environment deteriorated slightly during August," says Mitchell, senior vice president of research for Northcoast Research Holdings LLC. "Indeed, following three straight months of firmer pricing, U.S. consumer replacement tire prices faded a bit in August, as the average price of a light vehicle tire in our sample fell 0.3% on a sequential basis."
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Nonrecall actions raise questions on safety info disclosure
Automotive News
The Chevrolet Volt has had just one recall since its introduction four years ago. The problem, a faulty brake valve, affected just four cars, making it one of the smallest recalls in history. But General Motors has fixed other problems on thousands of Volts for free through at least eight customer-satisfaction campaigns, which are less public than recalls and largely unregulated. The repairs included reinforcing the battery pack and improving the battery coolant system after a government crash test sparked a widely publicized fire, prompting a congressional hearing and an investigation by federal regulators.
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Tire-makers commit more than $8.6 billion to expansions, upgrades
Tire Business
The world's major tire-makers committed at least $8.6 billion in the past year toward new and expanded capacities and research capabilities, representing nearly 46 million units in new annual capacity for consumer tires and 4 million to 5 million for commercial tires to be brought on stream in the 2015-2018 timeframe.

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Mastering the fine art of pricing
Modern Tire Dealer
Price, price, price, price, price, price, price…everybody is talking about tire prices. Independent tire dealers have a lot to say about this subject, and rightly so. Tire dealers are talking about all phases of tire pricing, what they pay for tires and what they charge (or can charge) for tires.

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Used tires could find 2nd life in batteries
Scientific American
Hundreds of millions of tires reach the end of their first life each year in the United States. The majority of these tires are recycled into road paving materials, plastic additives, and other useful materials. But, a significant waste stream remains, providing an opportunity for new applications for wasted rubber.

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7 steps employers should take now to prevent workplace bullying
By D. Albert Brannen
Workplace bullying is becoming a bigger problem than harassment. Twenty-seven percent of U.S. workers report experiencing abusive conduct at work, and 21 percent report witnessing such conduct. Bullying can be physical or psychological. Simply put, bullying is a form of violence. Workplace bullying does not just affect the target. It affects others in the workplace, and can cause reduced productivity, interfere with the free flow of communications within the organization and lead to higher turnover, all of which significantly increase an employer's operating costs.
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Tire-makers study dandelion as substitute rubber source
MSN Autos
Dandelions may be an eyesore to homeowners who try in vain to eradicate the pesky plant from their lawns. But where some people see trash, Dutch biologist Ingrid van der Meer sees treasure — and a potential alternative to rubber for tire-makers. "People just think of it as a horrible weed and ask, 'How can you get enough material for tires from just a small root,'" Van der Meer told Business Insider.
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How business owners can take a vacation and still get the work done
Small Business Trends
American small-business owners don’t take enough vacation. In fact, the United States is the only Western nation without a single legally required paid vacation day or holiday. By law, every country in the European Union has at least four work weeks of paid vacation. Do they know something we don't? Most entrepreneurs would agree that time away from work is actually good for their productivity. Unfortunately, so many small business owners are afraid to take vacation for fear of missing something or their company "falling apart."
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Toyo releases Versado Noir
Modern Tire Dealer
Toyo Tire U.S.A. Corp.'s new Toyo Versado Noir is a premium, all-season touring tire for sedans and coupes. Designed to stand out in the sea of "round and black" tires, the Versado Noir offers long tread life plus fuel efficiency and a quiet, comfortable ride throughout the life of the tire. "Our new Versado Noir offers uncompromised luxury, longevity and all-season performance for many of today's popular cars," says Roy Bromfield, chief operating officer.
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Getting the new F-150 up and running won't be easy
Automotive News
These are scary times at Ford Motor Co. as workers rip out the body shop at the company's 2.6 million-square-foot Dearborn, Michigan, truck plant and replace it with a radically different one. By converting its best-selling F-150 pickup from a steel body to aluminum, Ford is replacing the tried-and-true spot-welding process with a far more complex technique that uses a combination of rivets and industrial adhesives. It's a huge undertaking, loaded with risk, and even with Ford's intense preparations, some wonder if the automaker is overconfident.
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