WASHINGTON-Tire shipments to the U.S. replacement market slowed in July, falling well below their rates of growth for the year to date, and in the case of passenger tires, below the number shipped in the 1993 month. Passenger tire shipments for the month slipped 1.2 percent below last year to 14 million units, but remained 3.8 percent ahead for the year at 97.8 million units.
Aftermarket shipments of light truck tires edged up 1.4 percent in July to 1.95 million units, well behind the seven-month growth rate of 8.9 percent.
Shipments of medium and wide-base truck tires grew just half a percent in the month to 1.02 million units, but climbed 9.1 percent for the year to 7.07 million units.
Replacement shipments of large off-the-road and heavy truck tires fell 7.6 percent in July to 31,400 units, but have jumped 15.6 percent for the year to date, to 259,300 units.
Farm tire shipments also slid for the month, down 1 percent to 175,700 units, but were up 2.4 percent for the seven months, to 1.41 million units.
Shipments of replacement industrial/utility tires rose 4.4 percent in July and 12.5 percent for the year.