State of the Industry Report Archives - Tire Review Magazine
Industry Update: Growth in Adversity for China-Based Tiremakers

Despite a very tough year, the Chinese tire industry continues to make headlines for its sheer size, overseas expansions and tariff and non-tariff barriers.

Class 8 Orders Surpass Expectations, Classes 5-7 Rise

In ACT Research Co.’s State of the Industry report that covers Classes 5 through 8 in the North American market, Class 8 booked more than 24,600 new net orders while Classes 5 through 7 booked 15,900 net orders. “In July, Class 8 orders broke to the high side of expectations for the first time since February,