US tire shipments projected to fall 0.7% this year

Washington — US tire shipments are expected to drop about 0.7% in 2019 from 2018, with replacement truck tire shipments falling the most drastically, according to the latest forecast from the US Tire Manufacturers Association (USTMA).

The association’s forecast comes just a few weeks after the USTMA published calendar-year 2018 data, which included record aftermarket passenger tire shipments.

The USTMA did not elaborate on the reasons for the projected decline.

The association did however say the 2018 data were still considered preliminary due to the US government shutdown…

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