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2006-10-13

U.S. Tyre Shipments Continue to Fall

U.S. tyre shipments have fallen in almost every segment in the first nine months of 2006.

As a result, the total market fell 5.6% to 228.1 million units. U.S. OE shipments fell 7.5% to 46.1 million units in the first three quarters, while replacement shipments slipped 5.1% to 181.9 million units.
OE sales to U.S. consumer vehicle makers were worst hit on the back of poor vehicle sales. In the nine months ended September 36.5 million, passenger car units shipped as OE sales were 9.1% down from the same period in 2005. Light truck OE sales were similarly badly hit, falling 8.4% to 4.6 million units. The only positive figure was in the truck tyre OE segment where shipments increased 7.1% to 5.1 million units.

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