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June 17, 2010 02:00 AM

NAFTA OE tire market surged in May

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    MILAN, Italy (June 17, 2010)—Original equipment passenger tire sales jumped 89 percent in May from the corresponding month in 2009 in the NAFTA region, according to data published by Pirelli S.p.A.

    For the first five months, OE sales grew 69 percent compared to a year earlier. In the replacement sector, the NAFTA region saw an increase of 11 percent in May and 10 percent in the year to date.

    Pirelli also reported aftermarket tire sales in Japan increased 18 percent in May and by 11 percent in the year-to-date period compared to 2009. Pirelli did not give OE sales data for Japan.

    The company published European OE data, adding to the replacement data published a few days earlier. The data appears to show that the OE sales boom is slowing, with sales up by 8 percent in the month of May compared with a 25-percent increase in the year to date.

    In the truck segment, Pirelli said European OE sales were ahead by 72 percent in May, while the year to date showed an increase of 22 percent.

    In the NAFTA region OE truck sales were ahead by 64 percent in the year to date and by 62 percent in May. Replacement truck sales were up by 25 percent in the year to date and by 21 percent in May.

    Japanese replacement truck sales were up by 20 percent in May and 21 percent in the year to date.

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