A positive first half of 2022 gave way to an increasingly bleak picture for replacement tyre sales according to overall figures published today by European Tyre and Rubber Manufacturers’ Association (ETRMA) members. Overall this meant replacement consumer tyre sales were 2 per cent down on 2021. Commercial replacement tyre sales remained largely flat, except for the agricultural tyre market, which was down more than a fifth (-22 per cent), having been in contraction all year. Quarter four saw double-digit percentage falls versus the fourth quarter of 2021 as the effects of war in Ukraine, including spiralling energy prices and a continental cost of living crisis, bit. The European replacement tyre segment’s first half of the year had been relatively buoyant, with double-digit growth in replacement truck and bus tyres the highlight.
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has appointed Dr Adam McCarthy as secretary general, effective 1 January 2023.
Franco Annunziato, president of the board of directors of ETRMA, said: “After 17 pioneering and successful years at the helm of our association, Fazilet Cinaralp will hand over her leadership responsibilities to Dr Adam McCarthy. On behalf of the board of directors, I would like to wholeheartedly thank Fazilet for her commitment, dedication, and direction from the very start of ETRMA in 2006. She steered the Association’s inception and, since then, has built it up to become the voice of the European Tyre and Rubber Industry.”