USTMA Predicts Slight Decrease in Tire Shipments - Tire Review Magazine

USTMA Predicts Slight Decrease in Tire Shipments

The U.S. Tire Manufacturers Association (USTMA) is projecting that 2017 U.S. tire shipments will drop slightly to 318.1 million units compared to 318.4 million in 2016. USTMA is the national trade association for tire manufacturers in the U.S.

The U.S. Tire Manufacturers Association (USTMA) is projecting that 2017 U.S. tire shipments will drop slightly to 318.1 million units compared to 318.4 million in 2016. USTMA is the national trade association for tire manufacturers in the U.S.

The USTMA expects original equipment passenger tire shipments to decrease by 1.8 million units compared to 2016 while passenger replacement tire shipments are projected to increase by 1.8 million units. Original equipment light truck and truck tire shipments are expected to increase while decreases are projected for replacement light truck and truck tire shipments.

RMA 2017 Projected Tire Shipments

2016 – Final   2017 Forecast          % Change      Units +/(-)

Original Equipment Tires                                    

Passenger      49.3                47.5                -3.6                 -1.8

Light Truck    4.9                   5.2                   5.6                  0.3

Truck              5.0                   5.2                   4.2                  0.2

 

Replacement Tires                                    

Passenger      208.6              210.5              0.9                  1.8

Light Truck    31.9                31.2                -2.0                 -0.6

Truck              18.6                18.5                -0.5                 -0.1

Total Shipments: 318.4      318.1          -0.1                -0.2

Note: All shipments in millions. Figures may not add up due to rounding.

You May Also Like

BKT celebrates International Day of Sport for Development and Peace

BKT said it has made an effort to show a commitment to supporting sports through multiple initiatives, partnerships and sponsorships.

BKT-sports-sponsorships

During International Day of Sport for Development and Peace on April 6, BKT highlighted the role of sport as a catalyst for social inclusion, health and well-being. Over the years, BKT said it has made an effort to show a commitment to supporting sports through multiple initiatives, partnerships and sponsorships.

Bridgestone invests in Yoshi Mobility to expand into virtual inspection, EV charging

Yoshi is also commercializing its mobile EV charging platform to address EV fleet charging challenges.

Yoshi-Mobility-EV-charging
SRNA introduces new field engineer manager

Chariarse has extensive experience in his field, working as a commercial truck field engineer in the tire industry for the past 21 years.

SRNA-Eduardo-Chariarse
Bridgestone to debut Bandag Virtual World Tour at WasteExpo 2024

The Bandag Virtual Plant Tour is an internet browser-based experience that provides a step-by-step walkthrough of Bandag’s retreading process.

Bandag-virtual-tour-Bridgestone
Giti Tire Manufacturing awarded by Chester County Chamber of Commerce

Giti Tire said it has been a supporter of education, organized farmer’s markets and participated in community food drives.

Giti-Chamber-Award

Other Posts

Atturo Tire secures Cubs Radio sponsorship for 2024 season

In addition to the in-game sponsorship of stolen bases, Atturo will run audio commercials during game day broadcasts throughout the season.

Cubs-Atturo-sponsorship
RNR Tire Express opens nominations for 2024 Mother’s Day Giveaway

This year’s event includes $100,000 in prizes, as well as a new 2024 Buick Encore for one select nominee.

RNR-Mothers-Day-giveaway
Two Chapel Hill Tire locations earn the Blue Seal of Excellence

The Blue Seal of Excellence is a mark of distinction bestowed by the National Institute for Automotive Service Excellence (ASE).

Chapel-Hill-Tire-Atlantic-Avenue-in-Raleigh
Ascenso now accepting submissions for Farm Service Truck Technician Program

Eligible nominees are agriculture, construction and industrial tire technicians with at least five years of service in the US.

Ascenso-Technician-Recognition-2024-Logo