Tyre markets continued to plummet in February

ERJ staff report (DS)

Paris – Michelin has updated its website with tyre market data for the month of February. The new data indicates no sign of recovery after three months of huge declines. The figures show universal declines in demand, with the sole exception of China where domestic sales were up, reversing the trend of the previous two months.

In radial truck OE sales, every market in the world fell by about half in the month of February, with the exception of China, which grew slightly….

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