WASHINGTON—Shipments of passenger tires to the U.S. replacement market slipped 2.6 percent in October, compared with the 1998 month, according to data released recently by the Rubber Manufacturers Association. Shipments of replacement light truck and medium/ wide-base truck tires rose for the month, however—up 3.4 and 6.6 percent, respectively. And as they have all year, shipments of replacement heavy truck tires lagged 1998 levels, falling 8 percent for October.
Through the first 10 months of 1999, aftermarket auto tire shipments grew 3.1 percent, while light and medium/ wide-base truck tires climbed 7.7 and 7.2 percent, respectively. Replacement heavy truck tires dropped 9.4 percent.
In the Canadian aftermarket, passenger tire shipments by members of the Rubber Association of Canada jumped 19 percent in October and were 6.8-percent ahead of 1998 levels for the 10 months. Truck and bus tire shipments rose 1 percent for the month and 6.3 percent for the 10 months.