WASHINGTON—Buoyed by the sudden demand for replacements for the P-metric light truck tires recalled by Bridgestone/Firestone Inc. starting Aug. 9, U.S. passenger and light truck tire replacement shipments in August 2000 shot up 11 and 12.6 percent, respectively, according to recent Rubber Manufacturers Association data.
Medium and wide base truck tires, meanwhile, grew 5.5 percent for the month, but still lagged 1.3 percent over the eight months.
Heavy truck tires were the lone weak spot, falling 13.7 percent for the month and 6 percent year-to-date.
In contrast, August original equipment tire shipments slumped in all four tire categories, with light truck and medium and wide base truck tires plummenting 26.8 percent and 23.5 percent, respectively.
Passenger and truck tire shipments to the Canadian replacement market were off about 2.8 percent in August, but year-to-date totals remained 2.9 percent above those of the first eight months in 1999.