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The scramble for scarce tires
Mon, 27 Jun 2011North American automakers are struggling with a nagging shortage of tires, caused in part by tire plant closings and rising demand for low-volume specialty tires. Automakers are paying much higher prices -- double-digit percentage increases from a year ago -- as tire makers gain pricing power. "We have been bombarded from every side for additional tires, and we can't keep up," said David O'Donnell, Continental Tire's vice president of original equipment in the Americas.
London Motor Show News | British International Motor Show 2008 | CAR Magazine Online
Wed, 25 Jun 2008By Tim Pollard Motor Shows 25 June 2008 09:00 No show, no blogs… yet! Come back to CAR Online after 22 July 2008 for the best insight from CAR’s award-winning editorial team. We’ll be prowling the show stands to dig out the stories that matter – and providing the context to make sense of the news and announcements at the Excel centre in London’s Docklands.
The great Tesla bubble of 2013
Thu, 03 Oct 2013Do I go too far out on a limb to suggest Tesla is the modern-day version of the Great Tulip Bubble of March 1637? Remember, that was when speculators drove prices of just-introduced tulip bulbs to astronomical heights. Some single bulbs cost more than 10 times an average working man's salary.