USTMA Gives Adjusted 2020 Tire Shipment Forecast

curata__jGmCZPwDqZSTlqD.jpeg

In response to the widespread economic crisis caused by the COVID-19 pandemic, the U.S. Tire Manufacturers Association (USTMA) has revised its February 2020 U.S. tire shipment projections to better reflect the impact of the pandemic on the tire manufacturing sector. This update is being shared in advance of the triannual forecast customarily conducted in July.

Read the source article at Tire Review

U.S. tire shipments to fall nearly 18% in 2020 — Ustma

curata__h0JztWMlUxoK6mq.png

WASHINGTON — U.S. tire shipments could fall to their lowest levels in decades, a result of COVID-19 pandemic-induced lower demand, according to a shipments update from the U.S. Tire Manufacturers Association.

Read the source article at Tire Business

USTMA seeks federal help as the tire industry deals with COVID-19 fallout

curata__YEMYsf2pCvEImWt.jpeg

WASHINGTON — The U.S. Tire Manufacturers Association (USTMA) again is calling for economic relief from the federal government for its members in the face of the COVID-19 pandemic.

“Tire manufacturers continue to face unprecedented challenges as a result of COVID-19,” USTMA CEO Anne Forristall Luke said in a letter to leaders of the U.S. Senate and House of Representatives.

Read the source article at Tire Business

Tire Safety Week postponed due to coronavirus

curata__IcuYE7TJvaT05V4.png

WASHINGTON—A nationwide tire safety campaign is being delayed amid the COVID-19 pandemic.

But the U.S. Tire Manufacturers Association expects to reschedule its 2020 National Tire Safety Week soon.

Read the source article at Rubber and Plastics News

Ustma, Tia urge government to designate vehicle care, maintenance as ‘essential service’

WASHINGTON—As the U.S. responds to the growing COVID-19 pandemic, the USTMA and TIA are among the organizations asking governmental leaders to designate motor vehicle maintenance, repair and service industry as an “essential service.”

Read the source article at Rubber and Plastics News

USTMA anticipates tire shipment increase in 2020

curata__Ccovu9cnRTp24gS.png

WASHINGTON—Buoyed by strong aftermarket demand for truck and bus tires, U.S. tire shipments are expected to increase slightly this year over 2019 to 333.2 million units, according to the latest forecast from the U.S. Tire Manufacturers Association.

Aftermarket shipments of truck and bus tires are projected to rise 2.1 percent this year over last to 19.3 million units, the USTMA said without offering any explanation for its forecast.

 

Read the source article at Rubber and Plastics News

Nokian Tyres becomes 13th USTMA member

WASHINGTON — The U.S. Tire Manufacturers Association has accepted Nokian Tyres P.L.C. — which opened its first U.S. factory, in Dayton, Tenn., in 2019 — as its 13th member.

Read the source article at Tire Business

Tire recycling talk will increase in 2020

WASHINGTON — Scrap tire recycling continues to be one of the most important issues facing the industry, as signified by the recent call to action by the U.S. Tire Manufacturers Association (USTMA) to all affected parties to intensify the development of new sustainable, circular end-use markets for scrap tires.

Read the source article at Tire Business

USTMA Revises Forecast for 2019 U.S. Tire Shipments Upward

curata__y2sbAF2zcRkibC3.jpeg

The U.S. Tire Manufacturers Association (USTMA) projects 2019 U.S. tire shipments will increase to 333.1 million units compared to 330.4 million units in 2018.

The latest projection is up from the 332.9 million units for 2019 which the USTMA forecast in July.

Original equipment (OE) passenger tire shipments are expected to decrease by 2.1 million units, while passenger tire replacement shipments are projected to increase by 6.4 million units compared to 2018.

Read the source article at Modern Tire Dealer

USTMA to issue ‘call to action’ on scrap tire issues at Dec. 4 recycling event

curata__zFSVvLH3eAVY1Va.jpeg

WASHINGTON — The U.S. Tire Manufacturers Association is planning to issue a “call to action” on Dec. 4 at the 2019 Scrap Tire Recycling Conference in Greenville, S.C., to develop new “sustainable, circular end-use markets” for scrap tires.

Read the source article at Tire Business