Tire prices: up 40% in year and half

Discussion in 'Economy' started by zzzz, Oct 15, 2010.

  1. zzzz
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    zzzz Just a regular American

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    Needing to put new tires on your car/truck for the winter. Get ready for a sticker shock. Tires are in short supply and raw material costs have skyrocketed. The 35% import duty on Chinese tires last year have contributed to the increase and the layoffs by the manufactures have contributed to the shortage. Supply and demand.

    Expect to pay at least $100 per tire for a cheapy and over $200 for better brands, that is if you cand find them at all.

    Check the story out!
    Pain rolling in for tire buyers, retailers | IndyStar.com | The Indianapolis Star
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    Where the rubber meets the road.
    Raw materials prices, supply and demand, increased tariffs.

    There are some decent deals out there if you shop around. Used tires/retreads are an option.

    Remember folks, rotate your tires and use the spare in the rotation if it's not a temp. :thup:
     
  3. loosecannon
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    loosecannon Senior Member

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    It sounds as if tariffs accounted for 90% of the price increase with inflation and petrol accounting for the rest. Tires are generally made from oil.
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    Funny thing about tariffs - our government will jump in at almost any opportunity to protect jobs and industries by imposing tariffs. But when foreign countries were dumping crude oil on our markets at below production cost, Washington sat quietly by while the U.S. petroleum industry tanked and hundreds of thousands of workers lost jobs. Domestic production went into a tailspin and crude imports soared.
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    But, but, but Chinese stuff is supposed to be cheap! Wha hoppen?
     
  6. Mr. H.
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    Mr. H. Diamond Member

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    China was kitsch, then they got rich. Now they're treating us like a bitch.
     
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  7. KissMy
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    KissMy Free Breast Exam

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    Obama's Tire Tariff Draws Beijing's Ire
     
  8. zzzz
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    zzzz Just a regular American

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    I like that Mr. H
     
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  9. Mr. H.
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    Mr. H. Diamond Member

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    I like that Mr. H. too. He's a helluva guy. :D
     

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