Michelin releases latest market figures
On 5 September Michelin updated its tyre market statistics, and reported a four per cent year-on-year upswing in Europe’s (including Russia and Turkey) original equipment passenger car tyre market for July 2012. Year-to-date, however, the segment market is still down three per cent. A six per cent decline was reported for Europe’s replacement market passenger car tyre business. Replacement sales are down ten per cent year-to-date.
Category: Company News