Connect with us


Goodyear Tire CEO says company has enough supply to blunt looming rubber shortage – CNBC

Goodyear Tire & Rubber CEO Rich Kramer dismissed concerns that a looming rubber shortage could negatively impact business.



Article feature image

Goodyear Tire & Rubber CEO Rich Kramer told CNBC Tuesday that he doesn’t expect a looming shortage in rubber to hurt the tire manufacturer.
Concerns over a low supply of rubber, made from rubber trees mostly grown in Southeast Asia, is the latest problem facing automakers already struggling with a lack of semiconductors.
When asked if the company has enough of the material to produce tires for cars, Kramer said, “short answer is: We do.”
“Essentially what you see happening is either speculation…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Most People Are Thinking of Herd Immunity All Wrong – Slate
Article feature image
Gold price can’t find any bullish momentum as U.S. jobless claims fall to new pandemic low – Kitco NEWS
Article feature image
Alibaba reports first operating loss as a public company – Reuters