Tyre sales strengthen in November

ERJ staff report (DS)

Milan, Italy -- Pirelli has updated its website with tyre sales for the month of November.

The company reports truck tyre sales still growing around the world, but with slowing growth, while the car tyre sales boom appears to have largelly stabilised. The company reports only percentage changes, not absolute numbers.

Pirelli said OE truck tyre sales in Europe grew by 53 percent in the year to date, and by 85 percent in November, slightly faster growth than the October figure. European replacement sales increased by 18 percent in the first eleven months, but the November figure was up by 13 percent compared with a year ago, reversing October's negative trend.

OE truck tyre sales in the NAFTA region increased by 29 percent in the year to date matched by 30 percent growth in the most recent month. On the replacement side the increase is 18 percent in the first eleven months and 23 percent in November. The Mercosur region saw the OE sales up by 49 percent in the year so far and by 19 percent in November. Replacement sales were up by 22 percent in the first eleven months and 25 percent in November.

Truck tyre sales data for Japan and China are not yet available

In the car and light truck segment, European OE sales were up by 13 percent in the year so far, but up by just 3.0 percent in the month of November. Replacement sales were up by 8 percent in the year to date but up by 15 percent in November, reversing last month's negative trend.

North American (NAFTA) sales of cars and light truck tyres continued to grow, but at a slower rate, leading to OE tyre sales up by 42 percent in the year to date and by 2 percent in November. On the replacement side, the picture was weaker with sales in the first eleven months up by 4 percent, and up by 7 percent in November. In the Mercosur region, OE sales were up by 13 percent in the first eleven months but up by 11 percent in the month of November. Replacement sales were stronger, up by 12 percent in the year so far and by 15 percent in the month of November.

Sales data from China and Japan are not yet available and will be updated in the coming days.

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Tyre data from Pirelli