European tire shipments plunge – ETRMA

ERJ staff report (TB)

Brussels – European replacement tire shipments suffered double-digit declines last year, falling to their lowest volume since 2005, according to figures from the European Tyre & Rubber Manufacturers Association (ETRMA) reported by Tire Business.

Shipments for the various segments fell: Consumer tires, down 13 percent to 194.6 million units; commercial tires off 19.1 percent to 8.23 million units; agricultural tires down 11.5 percent to 1.65 million units; and motorcycle/scoooter tires off 11.2 percent to 7.61 million units.

The consumer tire decline included a 20-percent…

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