USTMA Predicts Record Shipments in 2022 for U.S. Tire Market

Published: March 8, 2022

Community Wholesale Tire Peoria Illinois

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 340.2 million units in 2022, compared to 335.2 million units in 2021 and 332.7 million units in 2019.

Compared to 2021, Original Equipment (OE) shipments for passenger, light truck and truck tires are expected to increase by 6.2%, 4.4%, and 6.3% respectively, with a total increase of 2.9 million units. Replacement passenger and truck tire shipments are projected to increase by 0.9% and 1.0% respectively, with light truck replacement shipments showing a minor decline at 0.3%. The total unit addition for replacement shipments is projected to be 2.2 million units.

Cosmo Tires to include 40,000-70,000 mileage warranty on all PLT tires

Cosmo will continue its portfolio expansion later this year when it launches its new Gripit X/T, Rockit R/T, and Cosmo Kurrent.

By Christian Hinton

Published: April 22, 2024

Cosmo Tires, distributed by Tire Group International, has introduced changes to its mileage warranty and road-hazard programs which will now feature a mileage warranty of 40,000-70,000 miles for all passenger and light truck tires offered.

“Our products are over-built and tested on the most rigorous tracks and terrains around the globe and this reflects our investments in manufacturing and quality. Now, all passenger and light truck tires carry Cosmo’s road hazard and mileage warranty ranging from 40,000-70,000 miles," said Dominick Montouri, chief strategy officer of Tire Group International, said.