Perfect storm of challenges could leave Europe open to major rise in imports from overseas car and truck tire producers. The EU tire industry is facing a potentially sharp rise in low-cost tire imports, adding to challenges around sky-high production costs and increasing pressure on consumer spending-power as the bloc edges towards recession. That's according to Robert Simmons, managing director, LMC, speaking at the International Institute of Synthetic Rubber Producers (IISRP) AGM, held 12-15 Sept in Estoril, Portugal.
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