Saturday, July 05, 2008

WEAK DOLLAR HURTS USED TIRES SALES

Saturday, July 05, 2008
WEAK DOLLAR HURTS USED TIRES SALES
THE WEAK US DOLLAR HAS HAD A DEVASTATING EFFECT ON THE EXPORT FROM EUROPE MOSTLY GERMANY ON USED TIRES.THE GERMAN TIRE RECYCLERS HAVE MANY CLIENT IN THE WESTERN HEMISPHERE WHO MAINTAIN THEIR BANK ACCOUNTS IN US DOLLARS INCLUDING THIS USED TIRE EXPORTER/IMPORTER.WHEN I STARTED IMPORTING FOR REEXPORT IN 1992 THE DOLLAR WAS STRONG TODAY IT IS WEAK AND GETTING WEAKER.THIS GOVERNMENT THIS ADMINISTRATION MUST DO EVERY THING IT CAN TO HAVE THE DOLLAR RALLY.
OVER THIRTY MILLION DOMESTIC USED TIRES ARE GENERATED AND SOLD IN THE US OR EXPORTED ANOTHER TEN MILLION USEDTIRES ARE IMPORTED FOR USE OR REEXPORT.USED TIRE DEALERS USED TIRE EXPORTERS URGE THIS ADMINISTRATION TO HELP STABILIZE THE DOLLAR AND OUR ECONOMY.
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