TITLE

Foreign tire producers gain U.S. market share

AUTHOR(S)
Davis, Bruce
PUB. DATE
July 2004
SOURCE
Rubber & Plastics News;7/12/2004, Vol. 33 Issue 25, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents rubber industry business forecast and analysis from around the world. Non-U.S. tire makers continued to make inroads on the U.S. tire market in 2003, gaining market share in the passenger and light truck tire categories, according to an analysis of government and industry data. Imports chalked up double-digit increases in the passenger and light truck tire areas, far outstripping overall replacement market growth in those categories, the analysis of data from the U.S. Department of Commerce and Rubber Manufacturers Association shows. In the truck tire area, China's 17.7-percent growth put that country in a position to challenge Japan as the No. 1 source of imported commercial vehicle tires, according to data from the Department of Commerce.
ACCESSION #
13872721

 

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