USTMA PROJECTS 2017 U.S. TIRE SHIPMENTS TO DIP SLIGHTLY
WASHINGTON, D.C., December 1, 2017 – The U.S. Tire Manufacturers Association (USTMA) projects that total 2017 U.S. tire shipments will decrease by less than one percent to 316.8 million units compared to 2016. USTMA is the national trade association for tire manufacturers in the U.S.
USTMA expects original equipment passenger tire shipments to decrease by 3.4 million units compared to 2016 while passenger replacement tire shipments are projected to increase by 0.8 million units. Original equipment light truck, original equipment truck and replacement truck tire shipments are expected to increase while replacement light truck tire shipments are projected to decrease.
|
USTMA 2017 Projected Tire Shipments |
||||
|
2016 - Final |
2017 Forecast |
% Change |
Units +/(-) |
|
|
Original Equipment Tires |
||||
|
Passenger |
49.3 |
45.9 |
-6.9 |
-3.4 |
|
Light Truck |
4.9 |
5.4 |
9.9 |
0.5 |
|
Truck |
5.0 |
5.4 |
9.7 |
0.5 |
|
Replacement Tires |
||||
|
Passenger |
208.6 |
209.4 |
0.4 |
0.8 |
|
Light Truck |
31.9 |
31.3 |
-2.0 |
-0.6 |
|
Truck |
18.6 |
19.4 |
3.9 |
0.7 |
|
Total Shipments |
318.4 |
316.8 |
-0.5 |
-1.6 |
Note: All shipments in millions. Firgures are rounded.
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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. USTMA press releases are available at www.ustires.org.
