Last update:  January 21, 2020

 

Passenger car & light truck

December 2019 / 2018

December 2019 benefits from one extra working day.

OE demand is weak in mature markets, particularly in North America, while Chinese New Year pulls the demand in China.

Replacement demand remains weak in Europe, notably penalized by a warm Winter season, and in North America, whereas it remains well oriented in China.

 

¹Turkey included

YTD (December 2019)

 

¹Turkey included

Truck & Bus

December 2019 / 2018

December 2019 benefits from one extra working day.

OE demand confirms its strong decline in Europe and North America, penalized by the cycle downturn.

While fret activity remains firm in Europe and North America, Replacement market trends in those regions are significantly impacted by Asian tire imports : come back of imports in Europe, and very high basis of comparison in North America (inventory build up at the end of 2018 ahead of tariffs implementation in February 2019).

 

 

¹Turkey included

YTD (December 2019)

 

¹Turkey included

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