Global tyre sales slow in October according to Michelin

ERJ staff report (DS)

Paris – Michelin has updated its website with tyre market data for the month of October. The new data from October shows near-universal declines in demand outside Asia.

Michelin said the total European OE market for car tyres in the ten months to October 2008 was down by 2.0 percent, while the year-on-year figure for October dropped by a massive 21.3 percent. The site gives only percentage changes, not absolute numbers. The North American market continued its downtrend, with the equivalent figures showing…

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