The European Tyre and Rubber Manufacturer’s Association recently released the statistics of tyre replacement sales for this year’s first quarter.
The findings showed mixed results:
The consumer segment experienced a 2% growth compared to the previous year, which, whilst timid, marks a turn-around compared to the last quarter of 2014 (-9%). The motorcycle segment showed a stronger sales performance with a growth of 7%.
These positive results were dampened by the poorer sales performances of truck and agricultural tyres. “The most noteworthy results probably regard truck tyres, whose sales started decreasing in mid 2014. This trend continues into 2015. At the same time, imports for this segment in the same period to the EU, and in particular from China, have increased markedly over the last 12 months and continued to increase in January 2015”
