PARIS (Dec. 20, 2010)—Michelin's latest global tire market report said shipments rose a small amount in November from the month earlier, and are well above the year-ago figures.
The study, on the company's website, said North American replacement passenger tire shipments grew by 4.4 percent in the first eleven months, and increased by 6.2 percent in the most recent month. The OE car tire market jumped 42 percent for the year through November, and 3.2 in the comparison of November 2010 to 2009.
Original equipment truck tire sales in North America jumped 24.9 percent in the first 11 months of the year, Michelin said. Aftermarket sales in the region climbed 19.6 percent through that period, and 24.3 percent in the November-November comparison.