fbpx
Connect with us

Tire Shipment Increase Smaller, Says RMA

(Akron/Tire Review) The RMA has adjusted its projections for 2006, and now expects total U.S. tire shipments to increase just 1% compared to 2005, instead of the 2% it had predicted back in December.

Advertisement

The RMA said that 2006 should show “steady economic growth in the consumer and commercial sectors,” but it has downgraded its shipment prediction because of decreases in OE markets. RMA projects continued annualized growth of about 1.7% for total tire shipments through 2011.

Advertisement

Combined 2006 OE and replacement market shipments – passenger and commercial – should increase by 3.8 million units to nearly 325 million tires, up from 2005’s 320.8 million total units, RMA said. By 2011, shipments should reach 352 million tires.

Advertisement
Click to comment

POPULAR POSTS

TPMS-Light-1400 TPMS-Light-1400

TPMS

Tips for Turning Off the TPMS Light

Michelin-Enviro-Tire Michelin-Enviro-Tire

Tires

Michelin’s Enviro System Unveils Tire with 58% Sustainable Materials

Conti-extremecontact-02-closeup Conti-extremecontact-02-closeup

Tires

Continental Debuts Enthusiast-Driven ExtremeContact Sport 02

Tires

Cooper Unveils Largest Tire in its Discoverer Rugged Trek Line

Connect
Tire Review Magazine