Market recovery continues apace
November 18th, 2014
Europe’s tyre markets are bouncing back to pre-crisis levels latest ITMA statistics suggest. Lead by increased truck tyre sales which as always are one of the best indicators of economic activity car tyre sales too are also on the upswing this year following the general trend.European Replacement Sales Market
Units 2013 v. 2012 Estimated 2014. 2013
TBR +14% +5%
PC/LT -1% +6%
What is more, almost every major country is benefitting with those most hit by the recession showing some of the strongest growth in sales. We are not quite back to the good times but we can now face the future with a great deal more optimism than a year or two ago.
Tags: Tags: crisis, Europe, ITMA, markets, statistics, tyre markets
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