Bridgestone: UK Truck Tyre Market is 6-8% up on Last Year

26th August 2010 | 0 Comments
 
Bridgestone: UK Truck Tyre Market is 6-8% up on Last Year

Bridgestone UK reports that the new tyre market is starting to show signs of recovery, with the company’s data indicating that the market is running 6 – 8 per cent up on the same time last year. At the height of the recession, it was noted that fleets were parking up some units and using the dormant vehicles’ tyres to keep running costs lower in a process commonly known as cannibalisation. These stocks are now said to be coming to an end and fleets are placing new orders. There also appears to be a genuine increase in tyre demands from fleets. This is mainly due to increases in haulage and delivery volumes. However, although this activity is seen as positive it is still well below the level prior to the recession.

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Category: News, Product News, UK News

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