ETRMA publishes third quarter results
Date
13 Oct 2017
Sections
Transport
Brussels, 13 October 2017 – The European Tyre and Rubber Manufacturers’ Association published today tyre replacements sales of its Members for the third quarter of 2017 as well as the cumulative results of the first 9 months of the year.
The third quarter of 2017 brought a further decrease of replacement tyre sales in all segments, with the exception of the moto sector. The agricultural segment has taken a particularly steep plunge, confirming a negative trend already seen in 2016.
When looking at the first nine months, sales of replacement consumer tyres remain slightly negative. The agriculture tyre segment is now markedly negative, whilst the moto and truck segments remain positive.
For further information, please contact Marta Conti, Communication Manager
The industry employs directly more than 360 000 people with a turnover of €73B in 2016, which constitutes about half a point of the EU turnover. ETRMA’s membership include the following tyre manufacturers: APOLLO VREDESTEIN, BRIDGESTONE EUROPE, BRISA, COOPER TIRES, CONTINENTAL, GOODYEAR DUNLOP TIRES EUROPE, HANKOOK, MARANGONI, MICHELIN, NOKIAN TYRES, PIRELLI TYRE, PROMETEON Tyre S.r.l., and TRELLEBORG WHEEL SYSTEMS. Associations in the following countries are also members of ETRMA: Belgium, Finland, France, Germany, Hungary, Italy, the Netherlands, Poland, Spain and the UK.