The European Tyre and Rubber Manufacturers’ Association, which represents over 4,400 companies in the EU, directly employing over 370,000 people, has published its Members’ European tyre replacement sales numbers for the first half of 2019:
The sales of replacement tyres in the first six months of 2019 are mixed:
- Passenger car tyre replacement sales continued to decrease in the second quarter,
resulting in a total decline of almost 4%.
- Agricultural tyres showed a sharp decline in the second quarter following a slight
increase in the first. This results into a decline of more than 4% for the first half of the year.
- Truck tyre replacement sales showed only a small increase after the very good results of
the first quarter. The results for the first six months remain positive with +5.4% overall.
- Motorcycle tyres also showed a small increase for the second quarter resulting in an
overall positive performance for the first half of 2019 (+3.2%).
Says Fazilet Cinaralp, Secretary-General of ETRMA: “The tyre market provides a good picture of the general economic situation. The low passenger car tyre replacement sales mirror new car registrations in the European Union, which also declined in this first semester”.
For further information, contact the ETRMA Secretariat at [email protected]