Mumbai, April 18 -- Replacement consumer tyre sales declined -3% in the first quarter of 2019, according to the European Tyre & Rubber Manufacturers' Association (ETRMA).
During the quarter, truck tyre replacement registered a 9% growth, continuing last year's positive trend. The agricultural tyres sales reported a 1% increase year on year. In 2018, the sector performed poorly for the fifth consecutive year.
"All in all, the 2019 Q1 figures confirm a relatively stable market evolving according to earlier observed trends, welcoming a continued increase in all-season tyres adding to the safety on our roads. Further, we see a very positive evolution in our members' growing sales in the truck replacement market. This confirms the 2018 trend,"...