Domestic decline stymies German rubber industry

Frankfurt, Germany – The German tire & rubber goods manufacturing industry experienced a 0.7% dip in sales to just under €6 billion in the first half of 2018, the WDK has reported.

The Frankfurt-based industry association linked the year-on-year decline to falling vehicle production in Germany, and significantly lower tire sales particular to domestic vehicle manufacturers.

The negative trend offset a positive, export-led performance in the technical elastomer products (TEE and TPE) sector, according to a recent WDK analysis.

“Domestically, rising production volumes in mechanical engineering, electrical engineering…

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