Tag: tyre demand

Michelin: European tyre demand improving, emerging markets face headwinds

16th March 2015 | 0 Comments

Michelin’s February tyre demand data shows a sequential improvement in replacement demand in most markets. With China and Brazil being the only real exceptions, basically every other showed month-on-month increases - the first positive uptick months. The situation in China however, is somewhat bleaker. According to the Michelin tyre demand data, Chinese passenger car tyre replacement demand dropped -13 per cent from growth of +18 per cent in January. “This is a worrying indicator for broader China consumer demand”, Morgan Stanley market analysts wrote in an investor’s note data 13 March 2015.

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Pirelli figures suggest improved European tyre demand

20th May 2014 | 0 Comments

The latest Pirelli tyre market watch figures suggest demand is continuing to improve in the European market in both the original equipment and replacement sectors. First off the European car tyre market (excluding Russia) showed a positive trend in April despite the unfavourable comparison.

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