TITLE

Hard times for tires: RMA forecast sees big decrease in 2008 shipments

PUB. DATE
August 2008
SOURCE
Rubber & Plastics News;8/11/2008, Vol. 38 Issue 1, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on a report by the U.S. Rubber Manufacturers Association (RMA), according to which U.S. tire shipments could fall as much as 4% to 298 million units in 2008, reflecting the worsening economy. Aftermarket passenger tire shipments will drop nearly 1% to about 202 million units, according to the new report, because the slowing economy and high energy prices are affecting consumer driving habits. However, no change in the downward trend is expected in 2009.
ACCESSION #
34282629

 

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