Truck OE Tyre Sales Down 74%
European truck tyre OE sales reportedly fell an enormous 74 per cent in April, while replacement tyre volumes were down 44 per cent. The figures, which are sourced from leading tyre manufacturer Michelin, show that most global markets are affected (China aside). As far as truck tyre sales are concerned, the good news is that everyone’s best guess is that this segment cannot remain under this “particular pressure” forever and that there is still a good chance of improvement, or at least a slowing in the downward trend in time for the second half of 2009.