News from Notch Consulting, Inc.

May 19, 2010

Pirelli Data Indicates Strong Recovery in Tire Markets

Filed under: Tires — Notch @ 2:57 pm

Pirelli has published new data on its global tire markets for the month of April that indicate strong recovery across regions.

In the NAFTA region, OE car and light truck tire sales were up 48% in April year-on-year (yoy) and up 64% year-to-date (ytd), while replacement car and LT tire sales were up 13% yoy and 9% ytd. NAFTA OE truck tire sales were up 40% yoy and 20% ytd, while replacement truck sales in NAFTA were up 33% yoy and 22% ytd.

In Europe (excluding Russia), OE car and light truck tire sales were up 9% yoy and up 28% ytd, while replacement car and LT tire sales were up 14% yoy and 11% ytd. European OE truck tire sales were up 60% yoy and 13% ytd, while replacement truck sales in Europe were up 20% yoy and 33% ytd.

The Mercosur region and Japan also saw good growth.

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