Aeolus down but not out of U.S. pass, tire market

摘要

NEWPORT, R.I—Chinese tire maker Aeolus Tyre Co. Ltd. had big plans to expand into the passenger tire market in the U.S.—until the U.S. government announced last year it planned to impose countervailing and anti-dumping duties that would make such a venture cost prohibitive. Despite having to suspend its passenger and light taick tire sales in the U.S.. Aeolus executives said recently the company is still committed to the U.S. market long term and plans to expand its sales in the U.S. with both consumer and commercial tires.