ETRMA: increased car demand lifted European premium tyre markets

Increased demand for new car purchases has led to increased tyre demand across Europe, according to the latest data released by the European Tyre Manufacturer’s Association. The ETRMA statistics reveal that consumer OE tyre sales were up 12 per cent, while truck tyre OE was up a 21 per cent. The association linked this increase directly to new vehicle OE growth, which in the case of passenger cars, grew 14.6 per cent in the period.