Petrol sales plummet 1 billion less barrels sold in 2011
Petrol sales fell significantly during the first three quarters of 2011, according to research conducted by motoring association the AA. And this was no drip drip. On the contrary the AA figures suggest that motorists bought 2.4 billion fewer litres of petrol than the same period in 2008. Total sales of 13.9 billion litres in the first nine months of 2011, a billion litres less than the year before. And drivers are resolved to cut back further during 2012. With petrol prices being a key indicator of miles driven in the UK, the figures have the potential to impact the amount of tyres purchased (sell out) in the tyre market.