Q2 less dynamic, but still bullish for H2, ETRMA
Tyre replacements sales of the members of the European Tyre and Rubber Manufacturers’ show that the the second quarter of 2015 was less dynamic compared to the first three months of the year, especially the consumer and truck tyre segments.
This was particularly the case for the sale of consumer tyres in the month of June, which went down by 2%, said the association.
When looking at the first six months, figures for the consumer and truck segments are positive, although lower than what the industry had expected given the very bright start of 2016. Sales in the agricultural segment remain critically low and consistently decreasing, with a staggering -7% for the second quarter and an even worse -7.8% when looking at the full first semester.
“It will be interesting to see what the rest of the year will bring about” said Cinaralp, Secretary General of ETRMA “and particularly the sale of winter tyres, which last year performed quite poorly, before we can have a clear picture of the 2016 market” she concluded.