INCREASE EXPECTED FOR 2018 U.S. TIRE SHIPMENTS
WASHINGTON, DC, December 6, 2018 – U.S. Tire Manufacturers Association (USTMA) projects 2018 U.S. tire shipments will increase to 325.2 million units compared to 316.7 million units in 2017. USTMA is the national trade association for tire manufacturers in the U.S.
Original equipment (OE) passenger tire shipments are expected to increase by 1 million units and passenger replacement tire shipments are projected to increase by 5.2 million units compared to 2017. Original equipment light truck tire shipments are expected to decrease while increases are projected for replacement light truck tires and original equipment and replacement truck tire shipments.
|
USTMA 2018 Projected Tire Shipments (in millions of tires) |
||||
|
2017 - Final |
2018 Forecast |
% Change |
Units +/(-) |
|
|
Original Equipment Tires |
||||
|
Passenger |
45.2 |
46.2 |
2.2 |
1.0 |
|
Light Truck |
5.4 |
5.2 |
-3.2 |
-0.2 |
|
Truck |
5.4 |
6.3 |
15.8 |
0.9 |
|
Replacement Tires |
||||
|
Passenger |
209.7 |
214.9 |
2.5 |
5.2 |
|
Light Truck |
31.3 |
31.4 |
0.2 |
0.1 |
|
Truck |
19.7 |
21.2 |
7.8 |
1.5 |
|
Total Shipments |
316.7 |
325.2 |
2.7 |
8.5 |
# # # #
The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. Our 12 member companies operate 56 tire-related manufacturing facilities in 17 states and generate over $27 billion in annual sales. We directly support more than a quarter million tire manufacturing U.S. jobs – totaling almost $20 billion in wages. In 2017, USTMA members accounted for 82 percent of the 316 million passenger, light truck and truck tire shipments in the U.S. All USTMA press releases are available at www.ustires.org.
