Truck tyre sales continue to grow, as car tyre sales ease

ERJ staff report (DS)

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

The company reports truck tyre sales still growing strongly around the world, while the car tyre sales boom appears to be easing in some regions. The company reports only percentage changes, not absolute numbers.

Pirelli said OE truck tyre sales in Europe grew by 35 percent in the year to date, and by 73 percent in August. European replacement sales increased by 25 percent in te first seven months, while the July figure was up by 11 percent compared with a year ago.

OE truck tyre sales in the NAFTA region increased by 28 percent in the year to date and 36 percent in the most recent month. On the replacement side the increase is 18 percent in the first seven months and 11 percent on July. The Mercosure region saw the OE sales up by 62 percent in the year so far and by 57 percent in July. Replacement sales were up by 23 percent in the first seven months and 22 percent in July.

China has seen OE truck tyre sales up by 80 percent in the year to date, and by 25 percent in July. Replacement sales are up by 18 percent in the year so far. Japanese OE sales were up by 66 percent in the first seven months and by 38 percent in July. Replacement sales were up by 16 percent in the year to date and 6 percent in July.

In the car and light truck segment, European OE sales were up by 20 percent in the year so far, but down by 2 percent in the month of July. Replacement sales were up by 10 percent in the year to date and by 5 percent in July.

North American sales of cars and light trucks continued to grow stringly, leading to OE tyre sales up by 68 percent in the year to date and by 37 percent in July. On the replacement side, the picture was weaker with sales in the first seven months up by just 6 percent, despite a decline of 4 percent in July. In the Mercosur region, OE sales were up by 16 percent in the first seven months and up by 8 percent in the month of July. Replacement sales were also strong, up by 19 percent in the year so far and by 13 percent in the month of July.

In Asia these consumer tyres saw continued growth, with Chinese OE tyre sales up by 41 percent in the first seven months and by 16 percent in July. Replacement sales are up by 35 percent in the year so far. Japanese sales were up by 39 percent in the first seven months in the OE sector, while July saw OE sales up by 16 percent. On the replacement side, the figures were 10 percent in the year to date and 5 percent in July.

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Tyre data from Pirelli