Equity Research on Goodyear Tire & Rubber Co. and Cooper Tire & Rubber Co. -- Tire Companies Boosted by Better Demand
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Tire demand out of the U.S. and Europe may be weakening, but surging vehicle demand out of emerging markets appears to be amply compensating. Both Goodyear Tire & Rubber and Cooper Tire & Rubber saw share prices taper off at the end of July. However, both companies could be positioned for a bounce back with the latest news of better vehicle sales. and reports are accessible for free by registering today at or .
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Much improved vehicle production in Japan is also behind better tire sales. Manufacturing in the country is currently at its highest levels since the March earthquake/tsunami. Get your free reports on and at . There is no commitment to join.
There is some downside to the rapidly growing tire demand though. Rubber inventories are shrinking quickly and several tire companies are now faced with more orders than they are capable of making. Lower rubber supplies may lead to rubber price increases as well. Tire companies will likely try to pass along the increased rubber costs to consumers in the form of higher prices.
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Datum: 07.10.2011 - 06:15 Uhr
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