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European tire markets in tough second half

The latest industry data and company financial reports indicate some significant challenges ahead for tire makers in Europe. Patrick Raleigh reviews

ETRMA-FactsA second-quarter reversal in European replacement tire markets could set a trend for the months ahead, believes Fazilet Cinaralp, secretary general of the European Tyre and Rubber Manufacturers’ Association.

Cinaralp was commenting on ETRMA’s latest quarterly figures, which showed significant quarter-on-quarter declines in member companies’ sales – reversing a positive trend observed earlier this year.

The data, published…

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