US replacement market remains depressed, little growth in 2011

3rd August 2011 | 0 Comments
 

The US replacement consumer tyre market will remain depressed through 2011, according to an update by the Rubber Manufacturers Association, even as OE shipments to automakers are continuing to grow. The RMA now says that replacement P-metric tyre shipments will fall short of even posting 1 per cent growth for the year, “as continued high energy costs, decreases in non-essential driving, and continued economic uncertainties weigh on the consumer.”

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