News from Notch Consulting, Inc.

January 26, 2012

Pirelli tire data present mixed results by region, sector

Filed under: Tires — Notch @ 8:57 am

Pirelli’s Tyre Market Watch data for December 2011 show mixed results by region. NAFTA car and light truck tire sales volumes were up solidly in OE markets but down in replacement. NAFTA’s truck tire sales were up very strongly in OE markets (+44% in December yoy and +55% in December ytd), while truck tire replacement sales were down slightly in December yoy but up 3% in December ytd. Note: yoy refers to Dec 2011 versus Dec 2010, while ytd refers to Jan to Dec 2011 versus Jan to Dec 2010.

In Europe, car and light truck tire sales volumes were mixed as solid ytd figures were offset by a weak December. OE car and light truck tire sales were up 3% in December ytd but down 9% in December yoy. Replacement car and light truck tire sales were up 3% by December ytd but down 17% in December yoy. European OE truck tire sales were up 32% in December ytd, offset by an 8% decline in December yoy. Truck tire replacement markets were down 1% in December ytd, with December yoy sales down 25%.

For the Mercosur region, OE car and light truck tire sales were up 2% in December ytd but down 7% in December yoy, while replacement car and light truck tire sales were up 1% in December ytd and up 9% in December yoy. Mercosur OE truck tire sales were up 11% in December ytd and up 28% in December yoy, while replacement truck tire sales were down 1% in December ytd and down 17% in December yoy.

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