MISSISSAUGA, Ontario (Jan. 18, 2012) — Canadian aftermarket demand for passenger tires slipped by about 3 percent last year, the Rubber Association of Canada (RAC) said recently, but the decline was offset by increased shipments of light truck and SUV tires.
Overall shipments in the category were essentially unchanged at 18.6 million units, the RAC said.
Replacement market demand for winter tires softened somewhat last year, as shipments slipped 1.2 percent. Despite the drop, winter tires account for nearly 38 percent of light vehicle tires sold in the aftermarket, the RAC said.
The ultra-high-performance tire segment grew 6.1 percent last year, offsetting the continuing decline in broad market tires, which lost 6.8 percent.
The commercial truck replacement market increased 9.4 percent in 2011, but the RAC did not disclose the unit shipment number.