TIRE SHIPMENTS EXPECTED TO INCREASE IN 2020 FEBRUARY FORECAST

For more information contact: Kim Kleine
(202) 682-4856
kkleine@ustires.org

WASHINGTON, March 3, 2020—The U.S. Tire Manufacturers Association (USTMA) projects 2020 U.S. tire shipments will increase to 333.2 million units compared to 332.7 million units in 2019. Original equipment (OE) passenger tire shipments are expected to decrease by 0.3 million units, while passenger tire replacement shipments are projected to increase by 0.8 million units compared to 2019. Original equipment and replacement light truck as well as replacement truck tire shipments are all expected to increase, while a decrease is projected for OE truck tires.

 

USTMA 2020 Projected Tire Shipments (February Forecast)

 

 

 

 

 

 

2019

2020 Forecast

% Change

Units +/(-)

Original Equipment Tires

 

 

 

 

Passenger

46.3

46.0

-0.6

-0.3

Light Truck

5.9

5.9

1.0

0.1

Truck

6.5

5.9

-9.4

-0.6

 

       

Replacement Tires

       

Passenger

222.6

223.4

0.4

0.8

Light Truck

32.5

32.7

0.3

0.1

Truck

18.9

19.3

2.1

0.4

 

       

Total Shipments

332.7

333.2

0.1

0.5

 

 

 

 

 

Note: All shipments in millions. Figures are rounded.

     
                   

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