Last update:  November 17, 2022

 

Download data

Download the Passenger car, Light truck, Truck & Bus data from 2015 to today.

Passenger car & light truck

On very favorable comparison basis, the Original Equipment business is in strong progress on the month compared to October 2021 in Europe and North America, pulled by the improvement of the overall supply-chains, that remain nevertheless in tension. In China, the demand is slightly down compared to October 2021, on a less favorable comparison basis and due to local lockdowns on the month that slowed down the new vehicles production. Year-to-date, global demand is 8% higher than in 2021, but still 10% below 2019. China is the only geography where OE demand is higher than in 2019 (+6%), buoyed by governement support to OEMs and a dynamic EV market. Replacement markets are down on the month compared to October 2021 in a context of economic uncertainties, with a significant inflexion in China due to local lockdowns in a zero-Covid policy context. Year-to-date, markets are very slightly below their 2021 level.

October 2022 / 2021

¹Turkey included

YTD (October 2022)

¹Turkey included

Truck & Bus

The Original Equipment markets remain dynamic in Europe as well as in the Americas, OEMs order books being still well oriented. Demand is particularly strong in South America due to a new regulation on CO2 emissions that will be implemented January 1st 2023, leading to anticipated orders. In Replacement, demand is strong in North America, pulled in particular by the non-pool market in a context of low inventories in the Distribution. In Europe, the monthly demand is at its 2021 level, as it was already in September. Year-to-date, global demand is steady compared to 2021.

October 2022 / 2021

¹Turkey included

YTD (October 2022)

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.

Subscribe to our newsletters