Bridgestone New Truck Tyre Segment Market Leader
The 1.2 million tyre strong UK commercial vehicle segment has a new market leader. Speaking at Bridgestone UK’s Truck Point annual dealer conference, commercial director Greg Ward told delegates that Bridgestone’s truck and bus market share had grown 2 per cent on last year’s total to 28 per cent, overtaking previous market leader, Michelin. Goodyear’s share stands at 20 per cent, while Continental is estimated to hold 9 per cent of the market. The remaining 16 per cent is held by various “other” manufacturers.
According to Ward, Bridgestone’s progression comes on the back of major fleet gains and strong service performance in recent years. It is understood that Michelin’s share is strong in terms of public service bus contracts, but the commercial truck fleet side of the operation has been losing ground to its competitors. Other conference topics included exclusive news of around £2.7 million worth of truck fleet gains, and the awarding of LRPA expert dealer status to 49 truck point dealers.