WASHINGTON-As they did in July, shipments of tires to the U.S. replacement market fell in August, compared with the year-ago month, in every category except industrial and utility tires, according to Rubber Manufacturers Association data. Passenger tire shipments slid 5.8 percent to 15.1 million units, putting the eight-month total 3.4 percent behind 1994 levels at 108.6 million units.
Shipments of light truck tires plunged 12.8 percent for the month to 2.34 million units, but remained 2 percent ahead for the year to date.
Aftermarket shipments of medium and wide-base truck tires dove 11 percent in August to 1.04 million units and were 3.6 percent below 1994 levels for the eight months. However, shipments to original equipment customers were up 11.4 percent for the month and 20.4 percent for the year to date, which could bode well for future replacement demand.
Replacement tire shipments for heavy trucks and large off-the-road trucks dropped 10 percent for the month and 14.4 percent for the eight months.
In the lone positive category-industrial and utility tires-aftermarket shipments jumped 23.8 percent in August to 363,000 units, pushing the year-to-date total to 3.22 million units, a 32.6-percent increase.