News from Notch Consulting, Inc.

December 19, 2012

RMA: No Growth for US Tire Shipments in 2012

Filed under: General, Tires — Notch @ 2:28 pm

Yesterday, the Rubber Manufacturers Association announced that it expects tire shipments in the United States to remain unchanged in 2012 at 284 million units, as an increase in OE shipments offset a decrease in replacement shipments. The lack of overall growth can primarily be attributed to continued economic sluggishness. However, an increase in vehicle miles traveled and anticipated economic growth should result in a nearly 2 percent increase in 2013, or approximately 6 million units to 290 million total units.

Greater detail by segment is available here.

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