Author Topic: Could lower prices be on the way?  (Read 2212 times)

0 Members and 1 Guest are viewing this topic.

« on: August 10, 2012, 10:54:40 AM »


  • Moderator
  • *****
  • Posts: 1031
Could lower prices be on the way?
« on: August 10, 2012, 10:54:40 AM »
Bloomberg News reported that Bridgestone Corp. may look to lower prices on some of its tire products in the second half of 2012 due to expected lower raw materials and production costs.

Those price cuts could include consumer tire lines in the Americas and Europe, the report said.

“We may adjust the price of some of our products to some extent,” Bridgestone CFO Akihiro Eto said in Tokyo yesterday.

Natural rubber prices have fallen 39% over the last year due to reduced demand from China and Europe, which is suffering a serious economic downturn. Hangzhou Zhongce Rubber Co., according to Bloomberg, has stated that it expects China’s tire demand to fall 5% vs. last year.
Official Forum Sponsor

02Jeep X, 1992 Camry, 200? EZ-GO, 2010 Cannondale F5


CSRA Motorsports


Random Pictures

My 2012 Dodge Ram HEMI Express

Owner: BigdaddyRT
Be my Valentines

Owner: Hemicota
altered reality pres s10 xtreme

Owner: Altered2014
Coffee and Cars Augusta

Owner: Hemicota
Warehouse Shot

Owner: Hemicota
Find us on the web:Find us on Google+Find us on Facebook!Find us on Twitter!