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Nov 1, 2008

Brazil imports of automobile tires to increase

So far this year, Brazilian auto production and sales market booming, annual production is expected to grow by 10-12 percent. Nevertheless, in the first three quarters, the Brazilian automobile tire production increased by only 1.2 percent. Brazil Tire Industry Association (ANIP) Chairman said that China's imports of used tires and tire on the tire industry in Brazil constituted a threat to the existence of unfair competition, which is Brazil automotive tire industry and the automotive industry does not synchronize the main reason for high growth . It is said that Brazil's import tariffs on automobile tires to 15%, and Brazil's production of tires, tires imported from China to lower prices of 30-40%, renovation of old tires after the low prices of about 30%.

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