March tyre sales appear to stabilise at a low level

ERJ staff report (DS)

Paris – Michelin has updated its website with tyre market data for the month of March. The March figures show further universal declines in demand, with the sole exception of China where replacement car tyre sales were up slightly. However, the pace of decline appears to have stabilised.

In radial truck OE sales, every market in the world fell in the month of March and for the first three months, including China, which grew slightly last month. Europe’s sharp decline has continued. The…

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