ERJ staff report (DS)
Milan, Italy -- Pirelli said European truck tyre replacement sales fell by 1 percent in the full year, but the December figure was a decrease of 25 percent compared with a year ago. OE figures also reversed. The data shows an increase of 32 percent in the full year but a decline of 8 percent in December. In the last quarter, replacement sales were down by 18 percent, while OE sales were up by 2 percent.
OE truck tyre sales in the NAFTA region slowed their recovery, increasing by 55 percent in the full year, and by 44 percent in the most recent month. On the replacement side, however the slowdown in sales continued, with an increase of just 3 percent in the full year but sales were down by 11 percent in the month of December. IN the last quarter, sales were down by 7 percent.
Data for the Mercosur region showed OE sales up by 11 percent in the full year, with the recovery continuing into December to show 28 percent growth year-on-year. Groth in the last quarter was 11 percent, matcing the full-year growth. On the replacement side, sales fell. The decline was 1 percent in the last quarter and in the full year, but sales in December showed a sharp slowdown with a 17 percent decline.
Asian data is not yet in, except for Japanese replacement sales, where full year sales were up by 7 percent, but the last quarter showed an 18 percent decline, although December data was less severe, with a 9 percent decline.
In the car and light truck segment, European OE sales in the full year were up by 3 percent, impacted by a decline of 9 percent in December. Replacement sales were also up by 3 percent in the full year and down by 1 percent in December.
North American (NAFTA) sales of car and light truck tyres were mixed. On the replacement side, sales in the full year were down by 1 percent on last year, and down by 8 percent in December. OE figures remained positive, with sales in the full year up by 10 percent and in December up by 16 percent.
In the Mercosur region, sales were less healthy. Replacement sales strengthened slightly, with the full year uo by 1 percent over 2010, and up by 9 percent in the month of December. In OE, the full year figure was up by 2 percent, but the most recent month showed a fall of 7 percent. Final quarter sales were down by 8 percent.
Again, Asian data was not available, except for Japanese replacement sales, which were up by 8 percent in the full year and down by 4 percent in December.
The data is available on Pirelli's website; it shows tyre sales in different regions for the month of December and the full year of 2011.
The company reports only percentage changes, not absolute numbers.
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Data page from Pirelli