First Green Shoots of Recovery in US EM Market

23rd April 2009 | 0 Comments
 

The US earthmover/off-the-road tyre market recently plateaued and is now even registering the first 'green shoots' of low level market increases, according to Luc Minguet, Michelin president earthmover and industrial tyres worldwide. According to Minguet, 2009 got off to a particularly rough start for the OTR business with OE demand plummeting 20 per cent in the first two months of the year and replacement sales down by up to 60 per cent in same period.

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Category: Product News

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