ERJ staff report (DS)
Milan, Italy -- Pirelli has updated its website with tyre sales in different regions for the month of October and the first ten months of 2011.
The company reports only percentage changes, not absolute numbers.
Pirelli said European truck tyre replacement sales increased by just 3 percent in the first ten months, but the October figure was a decrease of 11 percent compared with a year ago. OE figures continued to show growth, but the pace is slowing fast. The data shows an increase of 40 percent in the year to date but just 8 percent in October.
OE truck tyre sales in the NAFTA region maintained their recovery, increasing by 57 percent in the year to date, and by 60 percent in the most recent month, a growth rate consistent with the earlier part of the year. On the replacement side, however the slowdown in sales continued, with an increase of 5 percent in the first ten months but sales were down by 6 percent in the month of October. Sales data for the Mercosur region showed OE sales up by 9 percent in the first ten months, but sales recovered strongly in October to show 18 percent growth. On the replacement side, growth in the year to date was just 1 percent, but that reversed in October with a decline of 3 percent.
In Asia, the October data was not available, but September data showed that replacement truck tyre sales in China in the first nine months was down by 2 percent. OE sales in the month of September were down by 12 percent Sales in the first nine months were just 1.0 percent behind the same period a year ago.
Replacement sales in Japan showed 16 percent growth over the first ten months of 2011 though the replacement figure was down by 17 percent in the month of October. September figures showed OE sales ahead by 18 percent, but the figure for the first nine months was down by 9 percent.
In the car and light truck segment, European OE sales in the first ten months were up by 4 percent, helped by growth of 8 percent in October. Replacement sales were up by 5 percent in the year to date and up by 3 percent in October.
North American (NAFTA) sales of car and light truck tyres were mixed. On the replacement side, sales in the ten months were down by 1 percent on last year, band down by 5 percent in October. OE figures were positive, with sales in the year to date up by 8 percent and in October up by 9 percent. In the Mercosur region, sales were down. Replacement sales were again weak, with the year so far down by 1 percent on the same period in 2010, dand don by 4 percent in the month of October. In OE, the year-to-date figure qas up by 4 percent, but the most recent month showed a fall of 8 percent
Sales data from China showed a 13 percent increase in replacement sales in the first nine months (to September). OE sales in China were also positive, showing a 4 percent increase in the first nine months and a 1 percent growth in September. Japanese sales of replacement tyres grew by 11 percent in the first nine months and by 11 percent in the month of September, while OE sales were weak, with the year to September showing a decline of 22 percent, although the September figure was just 6 percent behind the same month a year ago.
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