US tyre shipments down 0.5%
The latest figures from the US Tire Manufacturers Association (USTMA) show tyre shipments will fall about 0.5 per cent to 316.8 million units. The drop is attributed to an anticipated decline in OE passenger tyre shipments to 3.4 million units. Replacement tyre shipments are expected to increase by 0.8 million units over the 2016 total.