European tire market falls 15 percent in March – Michelin

ERJ staff report (BC)

Paris – Latest market data from Michelin show the market for passenger car and light truck tires falling 15 percent in Europe last month, with a 5 percent dip in North America saw a dip and a 2 percent rise in Brazil.

The European market dropped 11 percent overall in the first quarter of 2013, compared with rises of 1 percent in North America and 7 percent in Brazil, the company said.

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