Market trends Publication of tire market data Imprimer Last update: March 20, 2023 Download data Download the Passenger car, Light truck, Truck & Bus data from 2015 to today. Passenger car, light truck, truck and bus – 2023 February market 03/20/2023 | XLSX - 700.4 Ko Passenger car & light truck In OE, demand in Europe and North America remained dynamic over the month and in cumulative terms, in line with the end of 2022, on a favorable basis of comparison. In China, demand was up over the month, but was still penalized in cumulative terms by the level of activity of automakers, whose recovery is only gradual. In Replacement, on a very unfavorable basis of comparison, sell-in demand in Europe and North America was penalized by a still uncertain economic context. Demand in China was on a very favorable basis of comparison for the month due to the timing of the New Year; overall demand was up, helped by the end of the zero-Covid policy. February 2023 / 2022 ¹Turkey included YTD (February 2023) ¹Turkey included Truck & Bus In Original Equipment, the market continued to perform well in Europe. In North America, demand was driven in particular by purchases of new trucks in anticipation of a new vehicle emissions standard coming into force in 2024. Conversely, the significant drop in South America is due to the entry into force of a new emissions standard on January 1, 2023 (purchases anticipated in 2022). In Replacement, sell-in demand is resilient and higher than 2021 in the Americas. In Europe, February's activity was based on particularly unfavorable comparisons in a context of economic uncertainty. February 2023 / 2022 ¹Turkey included YTD (February 2023) ¹Turkey included Methodological note Tire market estimates reflect sell-in data published by local tiremaker associations, plus Michelin’s own estimates of sales by tire manufacturers that do not belong to any association. These estimates are based primarily on import-export statistics and are expressed in the number of tires sold. They are regularly adjusted and may be updated following their initial publication. Financial key figures Read more Financing Read more
