US-China

China’s overproduction of truck, bus tires hampering US retreads market

Akron, Ohio –Overproduction of truck and bus tires in China and other countries has put the US tire market in flux, especially the retread market, according to Aaron Murphy, vice president of commercial tire sales for TBC Corp.

“Retreads became less competitive against new tires as manufacturers reduced new tire pricing,” said Murphy, a former vice president of China Manufacturers Alliance LLC, who has made nearly 60 trips to China for sourcing and product development.

In 2002, there were approximately 20 truck and bus tire factories in…

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