German Recovery To Fuel Tyre Market Growth
Industry analysts expect the German automotive sector to recover in the final quarter of this year, having a beneficial impact on tyre suppliers. The high performance tyre market is showing growth of over 20 per cent and the winter tyre market will see double-digit growth. These factors, combined with more favourable raw material prices, should mean an overall growth of seven per cent in the European tyre market, the analysts predict.
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