U.S. TIRE SHIPMENTS EXPECTED TO INCREASE IN 2018

For more information contact: Kim Kleine
(202) 682-5856
kkleine@ustires.org

WASHINGTON, DC, April 6, 2018 – U.S. Tire Manufacturers Association (USTMA) is projecting that 2018 U.S. tire shipments will increase to 319.1 million units compared to 316.7 million in 2017. USTMA is the national trade association for tire manufacturers in the U.S.

USTMA expects original equipment (OE) passenger tire shipments to increase by 0.4 million units compared to 2017 while passenger replacement tire shipments are projected to increase by 0.9 million units. OE and replacement shipments, for light truck and truck tire respectively, are all expected to increase in 2018.

USTMA 2018 Projected Tire Shipments (in millions of tires)*

         
 

2017 - Final

2018  Forecast

% Change

Units +/(-)

Original Equipment Tires

       

Passenger

45.2

45.7

1.0

0.4

Light Truck

5.4

5.5

1.4

0.1

Truck

5.4

5.6

3.7

0.2

         

Replacement Tires

       

Passenger

209.7

210.6

0.4

0.9

Light Truck

31.3

31.8

1.5

0.5

Truck

19.7

20.0

1.7

0.3

         

Total Shipments

316.7

319.1

0.8

2.4


Note: This forecast was made prior to recent U.S. tariff announcements affecting sources of imported steel in tires. 


# # # #

 

The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S.  USTMA members employ nearly 100,000 workers, operate 56 tire-related manufacturing facilities in 18 states and generate over $27 billion in annual sales. In 2017, USTMA members accounted for 82% 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.

Additional News:

Jul 13, 2020

JULY 13: TOP TIRE AND AUTOMOTIVE INDUSTRY NEWS

A feed of the latest tire and automotive industry news to keep you informed during the COVID-19 crisis. Tire and Automotive Industry News July 11, Reuters: Tesla slashes Model Y SUV price as... Learn more »

Jul 10, 2020

JULY 10: TOP TIRE AND AUTOMOTIVE INDUSTRY NEWS

A feed of the latest tire and automotive industry news to keep you informed during the COVID-19 crisis. Tire and Automotive Industry News July 10, Reuters: Surging truck sales boost China's... Learn more »

Jul 08, 2020

JULY 8: TOP TIRE AND AUTOMOTIVE INDUSTRY NEWS

A feed of the latest tire and automotive industry news to keep you informed during the COVID-19 crisis. Tire and Automotive Industry News July 8, Automotive News Europe: Audi's new CEO sees... Learn more »

Back To Top