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You are here: Home1 / News2 / Product News3 / Budget truck tyres still gaining on premium, despite import tariffs

Budget truck tyres still gaining on premium, despite import tariffs

Date: 31st August 2018 Author: Chris Anthony Comments: 0
Smaller commercial vehicle tyres sales (19.5- and 17-inch) products were flat and down 1 percentage point respectively.

2018 has been an important year for the European and UK truck tyre markets. With anti Chinese-produced truck tyre tariffs having been introduced in May, some sources – especially those focusing on retreading – are already reporting a positive uptick in demand as a result of reduced numbers of Chinese-produced tyres. But how does this translate into the new tyre market? Here Tyres & Accessories considers the latest data from market research specialists GfK, with a particular focus on the UK new truck tyre replacement market.

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