US car tire production falls amid increasing imports

Akron, Ohio — At first glance, the US consumer tire aftermarket displayed moderate strength last year, with replacement passenger and light truck tire shipments up 2.2% and 2.5%, respectively, over 2018.

What comes as a surprise, though, is that US-based tire manufacturers — despite billions of dollars of investment in new and expanded capacities over the past several years — did not seem to benefit from the aftermarket growth, according to Tire Business’ analysis of new market data.

Read the source article at European Rubber Journal