Is the UK truck tyre market a five horse race?
Earlier this week, with reference to this month’s focus on the UK commercial vehicle tyre market we discussed how on average year-to-date, UK annual demand is reportedly around 80,000 tyres a month, which equates to 960,000 tyres a year (based on ETRMA figures). In the pre-recessionary years it went much further than this, but there was some doubt that market will quickly (if ever) return to levels of 110,000 a month? And has it shifted so much that it is now a five horse race?
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