Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • BEST PLACES TO WORK
  • News
    • HUMANITARIAN
    • TIRE MAKERS
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • MERGERS & ACQUISITIONS
    • OBITUARIES
    • OPINION
    • MID YEAR REPORT
    • SERVICE ZONE
  • ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
April 06, 2018 02:00 AM

USTMA pegs 2018 tire shipment growth at 0.8%

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    WASHINGTON — The U.S. Tire Manufacturers Association (USTMA) is projecting tire shipment growth across the board in 2018, albeit at rather modest rates ranging from 0.4 to 3.7 percent.

    Overall, shipments of passenger, light and medium/heavy truck tires are forecast to rise 0.8 percent to 319.1 million units, the USTMA said, without indicating what factors are influencing its forecast.

    The most promising category, the USTMA said, is original equipment truck tires, shipments of which are expected to rise 3.7 percent to 5.6 million units. This follows solid 9.7-percent growth in 2017 over 2016.

    Shipments of replacement passenger tires, the largest single category, are expected to rise 0.4 percent to 210.6 million units, the USTMA said.

    Replacement light and medium truck tire shipments are forecast to rise 1.5 and 1.7 percent, respectively, to 31.8 million and 20 million units, the association said.

    Original equipment passenger and light truck tire shipments should rise 1 and 1.4 percent, respectively, to 45.7 million and 5.5 million units.

    The USTMA said this forecast was made "prior to recent U.S. tariff announcements affecting sources of imported steel" used in tire manufacturing.

    The USTMA represents 11 tire companies, which collectively operate 56 tire-related plants in 18 states and generate over $27 billion in annual sales, accounting for 82 percent of shipments referenced in the forecast.

    The USTMA recently accepted Giti Tire USA as its 12th member.

     

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Goodyear to trim jobs amid 'uncertain' economic outlook
    2
    Executives on the move: Hankook promotes key U.S. positions
    3
    Our View: Early look at tire industry in 2023
    4
    Point S looks to grow with new initiatives, dealer program
    5
    Goodyear to upgrade Cooper plant in China
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • Instagram
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • BEST PLACES TO WORK
    • News
      • HUMANITARIAN
      • TIRE MAKERS
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • MERGERS & ACQUISITIONS
      • OBITUARIES
      • OPINION
      • MID YEAR REPORT
      • SERVICE ZONE
    • ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION