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Sales of Euro-style vans exceeded total sales of traditional body-on-frame vans for the first time in 2015. This is an important milestone in the evolution of the fleet van market, but the rapid market share expansion of Euro-style vans will have a near-term impact on replacement tire availability, which, in turn, will exert upward pressure on pricing.
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Ensuring frequent tire inspections and knowing the difference between a proper and improper tire repair is critical to safe fleet operations.
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AAA is urging automakers to ensure that all models come with a spare tire, arguing that inflator kits are an inadequate alternative.
Read More →According to theTechSci Research report "Argentina Tyre Market Forecast & Opportunities, 2020", the tire market in Argentina is forecast to grow at a CAGR of around 12 percent during 2015-2020 driven by reviving automobile production and sales.
Read More →According to recently released TechSci Research report, "Iran Tyre Market Forecast & Opportunities, 2020'’, the tire market in Iran is forecast to grow at over 12 percent CAGR during 2015-2020.
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This recall, which includes 104,000 tires in the U.S., got under way Aug. 24.
Read More →According to TechSci Research report, "Australia Tyre Market Forecast & Opportunities, 2020", tire market in Australia is forecast to reach around US$ 2.8 billion in 2015.
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Nearly 80,000 replacement tires for light trucks are at risk for tread separation, according to NHTSA.
Read More →One factor driving the deluge of Chinese exports of replacement truck tires to the U.S. is China's immense tire production overcapacity. In 2015, China manufactured 120 million tires, with an overcapacity rate of almost 25 percent. The influx of Chinese truck tires is also having a detrimental effect on the tire retreading industry, because many of these “bargain” tires have only one life because they cannot be retreaded.
Read More →The tire market in Algeria is forecast to grow at a CAGR of over 6 percent through 2020. The passenger car tire market is the dominant segment in the country's tire market, followed by commercial vehicle tire and two-wheeler tire segments.
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