Tyre sales recovery easing around the world

ERJ staff report (DS)

Milan, Italy -- Pirelli has updated its website with tyre sales for the month of October.

The company reports truck tyre sales still growing around the world, but with slowing growth, while the car tyre sales boom appears to be easing in some regions. The company reports only percentage changes, not absolute numbers.

Pirelli said OE truck tyre sales in Europe grew by 49 percent in the year to date, and by 75 percent in October, slightly slower than the September figure. European replacement sales increased by 19 percent in the first ten months, but the October figure was down bysaw the first decline in months, with a decline of 3 percent compared with a year ago.

OE truck tyre sales in the NAFTA region increased by 29 percent in the year to date and 15 percent in the most recent month. On the replacement side the increase is 17 percent in the first ten months and 14 percent in October. The Mercosur region saw the OE sales up by 53 percent in the year so far and by 22 percent in October. Replacement sales were up by 22 percent in the first ten months and 13 percent in October.

Truck tyre sales data for Japan and China are not yet available

In the car and light truck segment, European OE sales were up by 14 percent in the year so far, but up by just 0.1 percent in the month of October. Replacement sales were up by 7 percent in the year to date but down by 2 percent in October.

North American (NAFTA) sales of cars and light truck tyres continued to grow, but at a slower rate, leading to OE tyre sales up by 48 percent in the year to date and by 8 percent in October. On the replacement side, the picture was weaker with sales in the first ten months up by 3 percent, and down by 6 percent in October. In the Mercosur region, OE sales were up by 13 percent in the first ten months but down by 2 percent in the month of October. Replacement sales were stronger, up by 12 percent in the year so far and by 0.4 percent in the month of October.

Sales data from China and Japan are not yet available and will be updated in the coming days.

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Tyre data from Pirelli