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September Tire Sales Up in Europe, North America

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Groupe Michelin reported an increase in tire sales for September.

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OE sales in Europe, which suffered earlier this year, were up 2% in September and replacement sales were up 5%. Additionally, sales of OE tires to manufactures rose 11% in North America YoY and replacement tires rose by 6%, Michelin said.

During the first nine months of the year, OE sales were up 4% in North America, but were down 2% in Europe. Replacement tire sales rose 4% in North America and were down 1% in Europe, the tiremaker said.

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