Conti expects tire-demand to increase in 2018

Hanover, Germany – Continental AG expects demand for passenger car tires and light commercial vehicles replacement tires to grow 3% in 2018, according to its annual report.

“The Asian market is expected to contribute around 60% of this increase, with growth of 5%,” said the German tire and technology supplier.

Market expansion, it added, will be primarily driven by China – as in previous years – with further growth in vehicle parc.

Demand is also forecast to grow in India, Indonesia and South Korea.

In Europe, the company expects…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with