Current Issue
×

Top Stories

Title Issue Date Category Formats Records Price
Analytics firm said LT tires led sluggish 2017 U.S. replacement market
View Description View Full Details
NEW YORK—Despite a unit sales decline of 3.1 percent last year, light truck tires led a sluggish U.S. consumer tire market in 2017 vs. 2016, according to the latest data issued by analytics...
View Full Details »
NEW YORK—Despite a unit sales decline last year, light truck tires led a sluggish U.S. consumer tire market in 2017 vs. 2016, according to the latest data issued by analytics firm GfK Group. NEW YORK—Despite a unit sales decline last year, light truck tires led a sluggish U.S. consumer tire market in 2017 vs. 2016, according to the latest data issued by analytics firm GfK Group. $NEW YORK—Despite a unit sales decline last year, light truck tires led a sluggish U.S. consumer tire market in 2017 vs. 2016, according to the latest data issued by analytics firm GfK Group.
Surge in business is a boon for commercial vehicle industry
View Description View Full Details
The commercial vehicle industry is enjoying a surge in business as the U.S. economy grows, construction projects increase and consumers buy more merchandise. For now, "trucking is enjoying a very...
View Full Details »
The commercial vehicle industry is enjoying a surge in business as the U.S. economy grows, construction projects increase and consumers buy more merchandise. The commercial vehicle industry is enjoying a surge in business as the U.S. economy grows, construction projects increase and consumers buy more merchandise. $The commercial vehicle industry is enjoying a surge in business as the U.S. economy grows, construction projects increase and consumers buy more merchandise.
Michelin debuts new high-performance adhesive
View Description View Full Details
CLERMONT-FERRAND, France—Michelin will be leaving an old industry standard behind with some of its lines of tires later this year. After more than nine years of research and development,...
View Full Details »
CLERMONT-FERRAND, France—After more than nine years of research and development, Michelin is launching a new high-performance resin adhesive designed for bonding textiles. CLERMONT-FERRAND, France—After more than nine years of research and development, Michelin is launching a new high-performance resin adhesive designed for bonding textiles. $CLERMONT-FERRAND, France—After more than nine years of research and development, Michelin is launching a new high-performance resin adhesive designed for bonding textiles.
A. Schulman sets June meeting to vote on merger
View Description View Full Details
FAIRLAWN, Ohio—A. Schulman Inc. has set June 14 as the date for a special meeting for shareholders to vote on a merger agreement with global plastics, chemicals and refining company...
View Full Details »
FAIRLAWN, Ohio—A. Schulman has set June 14 as the date for a special meeting for shareholders to vote on a merger agreement with global plastics, chemicals and refining company LyondellBasell. FAIRLAWN, Ohio—A. Schulman has set June 14 as the date for a special meeting for shareholders to vote on a merger agreement with global plastics, chemicals and refining company LyondellBasell. $FAIRLAWN, Ohio—A. Schulman has set June 14 as the date for a special meeting for shareholders to vote on a merger agreement with global plastics, chemicals and refining company LyondellBasell.
Tekni-Plex expands medical portfolio with Dunn Industries acquisition
View Description View Full Details
WAYNE, Pa.—Tekni-Plex Inc. is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries Inc. Financial details were not disclosed, but Tekni-Plex said the ...
View Full Details »
WAYNE, Pa.—Tekni-Plex is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries. WAYNE, Pa.—Tekni-Plex is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries. $WAYNE, Pa.—Tekni-Plex is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries.
Raw material prices still volatile
View Description View Full Details
WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts. Tire...
View Full Details »
WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts. WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts. $WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts.
Bridgestone, Goodyear to create 50/50 wholesale venture
View Description View Full Details
AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub L.L.C., that will operate through 80-...
View Full Details »
AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub, that will operate through 80-plus distribution centers nationwide. AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub, that will operate through 80-plus distribution centers nationwide. $AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub, that will operate through 80-plus distribution centers nationwide.
Impact of steel tariffs looms over industry
View Description View Full Details
WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact...
View Full Details »
WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact could be sweeping. WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact could be sweeping. $WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact could be sweeping.
Photo gallery: Ace shows off expansion
View Description View Full Details
RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion. Ace added 3,500 square...
View Full Details »
RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion. RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion. $RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion.
Continental developing aquaplaning warning system
View Description View Full Details
FRANKFURT, Germany—Continental A.G. engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the...
View Full Details »
FRANKFURT, Germany—Continental engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the vehicle's driver and engage active stabilization measures. FRANKFURT, Germany—Continental engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the vehicle's driver and engage active stabilization measures. $FRANKFURT, Germany—Continental engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the vehicle's driver and engage active stabilization measures.
Digital Edition
Digital Edition
Published on September 3, 2007

RMA expects drop in 2007 tire shipments

Have a question? Need some help?
Click here to view the FAQ

Tags

Date Published September 3, 2007
Category

The Rubber Manufacturers Association further downgraded its forecast for tire shipments this year-calling for a decrease in overall shipments instead of minor increases-reflecting changes in U.S. economic growth in the consumer and commercial sectors.

The RMA said shipments will fall by about 1 million units to about 306 million total shipments for the full year. Replacement tire markets should increase about 2 percent while original equipment markets should fall about 8 percent.

In March, the RMA had expected a slight improvement of about 0.3 percent in overall shipments, including a 1.4-percent gain for replacement tires and a 3.8-percent decline in OE. In January, the RMA had called for an increase in overall shipments of about 4 million units.

In its latest forecast, the RMA detailed the following for certain segments:

* Original equipment passenger tires: a decrease of about 4.5 percent to 46 million units from 48.2 million units in 2006 on decreases in domestic light vehicle sales and production;

* Original equipment light truck tires: a decrease of about 12 percent to less than 4.5 million units as more light truck vehicles are outfitted with P-metric passenger tires;

* Original equipment medium/wide-base/heavy commercial truck tires: a 29-percent drop to about 4.8 million units as the market experiences a sharper drop than expected because of changes in Environmental Protection Agency regulations;

* Replacement passenger tires: an increase of about 2 percent to about 200 million units, or 4 million units ahead of 2006, on gains in P-metric markets for light trucks and high- and ultra-high-performance tires;

* Replacement light truck tires: a rise of about 500,000 units to 34 million as more commercial vehicles use light truck tires; and

* Replacement medium/wide-base/ heavy commercial tires: a decline of 500,000 units to 16.4 million on a weaker economic forecast for the rest of the year.

ERROR: Object template cce_CCI_SITE is missing!